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Exam Question
Internal stakeholders of a company exercise their power via which of the following?
- 1. Their position within the company
- 2. Their control of resources
- 3. Their personal influence
- 4. Their knowledge and skills
- 5. All of the above
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Exam Question
According to Hofstede, national cultures such as Singapore, Hong Kong, and Denmark, in which people are more accepting of innovative ideas and eccentric or deviant behavior, are which of the following?
- 1. High in uncertainty avoidance
- 2. Low in uncertainty avoidance
- 3. More masculine
- 4. High power distance
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Exam Question
What is the opposite of coercive power?
- 1. Expert power
- 2. Reward power
- 3. Information power
- 4. Legitimate power
- 5. Referent power
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Exam Question
Economic growth can be measured by:
- 1. The CPI
- 2. The CBI
- 3. GDP
- 4. MPC
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Exam Question
Analysts using Porter’s Five Forces model would see which of
the following as substitutes for tourist flights to Western Europe offered by airlines such as BA or Air France?
- 1. Flights provided by Lufthansa and Aer Lingus
- 2. Flights offered by low cost airlines such as Ryanair and EasyJet
- 3. Travel on the Eurostar
- 4. Video-conferencing facilities
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Exam Question
According to Porter, suppliers are more able to exercise bargaining power over buyers when:
- 1. The supply industry is dominated by a few large firms
- 2. The supply industry is populated by a large number of small firms
- 3. When buyers have the ability to take over suppliers
- 4. There are few buyers in the market
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Exam Question
Economic growth can be seen by an outward shift of:
- 1. The Production Possibility Frontier
- 2. The Gross Domestic Barrier
- 3. The Marginal Consumption Frontier
- 4. The Minimum Efficient Scale
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Exam Question
Which of the following statements best describes Corporate Social Responsibility?
- 1. A corporation’s requirement to make as much profit as possible
- 2. A corporation’s obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions
- 3. A corporation’s obligation to consider the impact of its decisions on the environment
- 4. The duty of care a corporation has to its employees and customers
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Exam Question
Which level of Managers is involved in the development of plans?
- 1. Top Level managers
- 2. Middle Level Managers
- 3. All the above
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Exam Question
Whose approach to management is known as ‘scientific management’?
- 1. Taylor
- 2. Mayo
- 3. Drucker
- 4. McGregor
- 5. Herzberg
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Exam Question
The report writer should always remember that people have expectations about what information they will find and where it will be. It is unusual for final reports to have a section with:
- 1. recommendation
- 2. research costs
- 3. appendices
- 4. method
- 5. Executive summary
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Exam Question
Recommendations should be based on:
- 1. assumptions
- 2. findings
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Exam Question
When an economy first begins to grow more slowly:
- 1. GDP increases
- 2. Inflation is likely to increase
- 3. Stock levels are likely to increase
- 4. Investment in equipment is likely to increase
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Exam Question
To business organisations, the term ‘stakeholder’ means which of the following?
- 1. All those parties which the company does business with
- 2. All those interested in working for the company
- 3. All those who have an interest in the company
- 4. Board of Directors of the company
- 5. Shareholders of the company
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Exam Question
…power is based on the influencer’s ability to punish the influence for not meeting the requirements:
- 1. Referent
- 2. Coercive
- 3. Expert
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Exam Question
Which of the following powers stem’s form the position’s place in a managerial hierarchy and the authority vested in the position.
- 1. Legitimate power
- 2. Reward power
- 3. Expert power
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Exam Question
The most important aspect of power is that it:
- 1. Is necessary for goal achievement
- 2. Is a function of dependency
- 3. Is the major focus of leadership
- 4. Tends to corrupt people
- 3. Is counterproductive
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Exam Question
Expert power refers to influence that derives from:
- 1. Position
- 2. Special skills or knowledge
- 3. Politics
- 4. Educational institutions
- 5. Status
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Exam Question
In a recession, GDP:
- 1. Grows negatively
- 2. Grows slowly
- 3. Grows by 0%
- 4. Grows rapidly
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Exam Question
A successful Consultant will:
- 1. Be sensitive to the external and organisational contexts of change
- 2. Understand the overall required strategy
- 3. Apply an appropriate style of managing change
- 4. All of the above
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