MGMT 303 Midterm Exam
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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 />
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