MGMT 303 Midterm Exam
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DeVry <strong>MGMT</strong> <strong>303</strong> <strong>Midterm</strong> <strong>Exam</strong><br />
Click on the link below for the solution:<br />
https://devryfinalexams.com/products/mgmt-<strong>303</strong>-midterm-exam/<br />
1. (TCO 1) The _____ approach of going green is a good example of the firm’s social responsibility in<br />
addition to demonstrating the highest degree of environmental sensitivity. (Points : 5)<br />
legal approach<br />
market approach<br />
stakeholder approach<br />
activist approach<br />
Question 2. 2. (TCO 2) The Ford Motor Company sold an auto parts company because profitability was<br />
low. The main environmental dimension considered was (Points : 5)<br />
sociocultural.<br />
technological.<br />
economic.<br />
political/legal.<br />
domestic.<br />
Question 3. 3. (TCO 3) The_____ approach of going green is a good example of the firm’s social<br />
responsibility in addition to demonstrating the highest degree of environmental sensitivity. (Points : 5)<br />
legal approach<br />
market approach<br />
stakeholder approach<br />
activist approach<br />
Question 4. 4. (TCO 4) Which of the following is usually the first type of international business in which a<br />
company gets involved? (Points : 5)<br />
Licensing strategy<br />
Joint venture<br />
Importing/exporting strategy<br />
Direct investment<br />
Global sourcing<br />
Question 5. 5. (TCO 5) If Delta Airlines decides to buy a regional carrier, this would be an example of a(n)<br />
_____ plan. (Points : 5)<br />
operational<br />
strategic<br />
tactical<br />
contingency
standing<br />
Question 6. 6. (TCO 6) Identify the statement that is TRUE when comparing large and small businesses.<br />
(Points : 5)<br />
Big businesses outnumber small businesses by a wide margin.<br />
Tax policies favor medium-sized businesses.<br />
Small businesses show consistently lower financial performance than big businesses.<br />
Business success creates jobs regardless of size.<br />
Small business formations are on the decline, but the rate for big businesses is increasing.<br />
7. (TCO 1) Identify four skills that a manager needs in order to perform the job efficiently and effectively.<br />
Provide brief comments on each. (Points : 10)<br />
8. (TCO 2) Explain the differences among mergers, acquisitions, and alliances. (Points : 10)<br />
9. (TCO 3) Briefly explain the four different approaches to social responsibility that an organization can<br />
adopt. (Points: 10)<br />
10. (TCO 4) What are the connections between GATT and the WTO? Explain the role of the WTO.<br />
11. (TCO 7) Briefly explain the situational influences on organizational design. (Points : 10)<br />
12. (TCO 4) Describe three environmental challenges of international management. (Points : 15)<br />
13. (TCO 5) Identify a company and write a brief SWOT analysis for that company. (Points : 15)<br />
14. (TCO 6) Briefly describe industries in which small businesses seem to be most effective and why this<br />
seems to be the case. In what area are small businesses least successful in comparison to large<br />
businesses? (Points: 15)<br />
15. (TCO 7) In what ways are virtual and learning organizations different from the typical organization?<br />
(Points : 15)<br />
DeVry <strong>MGMT</strong> <strong>303</strong> <strong>Midterm</strong> <strong>Exam</strong><br />
Click on the link below for the solution:<br />
https://devryfinalexams.com/products/mgmt-<strong>303</strong>-midterm-exam/