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Managerial Economics & Business Strategy, 10e Michael Baye, Jeff Prince, 2021 Test Bank


Managerial Economics & Business Strategy, 10e Michael Baye, Jeff Prince, 2021 Test Bank

Managerial Economics & Business Strategy

( Test Bank)

Managerial Economics & Business Strategy, 10e Michael Baye, Jeff Prince, 2021 Test Bank

Edition: 10 Edition

Author Name: Michael Baye, Jeff Prince

contact:

Whatsapp +1 (949) 734-4773

 

for the Facebook page click hereĀ 

 

for more books ( Test Bank and Solution Manual) click here

 

for the instructor Solutions Manual click here

 

sample free

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Managerial Economics & Business Strategy, 10e Michael Baye, Jeff Prince, 2021 Test Bank

Managerial Economics & Business Strategy

( Test Bank)

Managerial Economics & Business Strategy, 10e Michael Baye, Jeff Prince, 2021 Test Bank

Edition: 10 Edition

Author Name: Michael Baye, Jeff Prince

contact:

Whatsapp +1 (949) 734-4773

 

for the Facebook page click hereĀ 

 

for more books ( Test Bank and Solution Manual) click here

 

for the instructor Solutions Manual click here

 

sample free

Student name:__________

1)Ā Ā Ā Ā Ā Ā Ā Ā  At a recent staff meeting, Jeremy was praised by his CEO for choosing the right goals to pursue. The quality that Jeremy displays here is efficiency.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

2)Ā Ā Ā Ā Ā Ā Ā Ā  Patel Brothers Company uses a formal system of task and reporting relationships that coordinates and motivates its employees so that they work together to achieve organizational goals. This is an example of an organizational structure.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

3)Ā Ā Ā Ā Ā Ā Ā Ā  As a middle manager, Jobeth selects the goals for her team. The task that Jobeth is demonstrating is called leading.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

4)Ā Ā Ā Ā Ā Ā Ā Ā  Categorizing people by salary levels lays out the lines of authority and responsibility between different individuals and groups.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

5)Ā Ā Ā Ā Ā Ā Ā Ā  Categorizing people by salary levels lays out the lines of authority and responsibility between different individuals and groups.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

6)Ā Ā Ā Ā Ā Ā Ā Ā  The importance of planning, organizing, leading, and controlling remains the same irrespective of a manager’s position in the managerial hierarchy.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

7)Ā Ā Ā Ā Ā Ā Ā Ā  If you were an architect and spent your days working on design programs on the computer, you would be using your technical skills.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

8)Ā Ā Ā Ā Ā Ā Ā Ā  When Company XYZ needed to reduce costs to meet its annual profitability goal, it reduced levels in its hierarchy and laid off 15 percent of its workers. This is an example of restructuring.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

9)Ā Ā Ā Ā Ā Ā Ā Ā  A self-managed team is a group of employees who work independently but report to their respective managers about the progress of the teamā€™s work.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

10)Ā Ā Ā Ā Ā Ā  The building blocks of competitive advantage are efficiency, quality, innovation, and responsiveness to customers.

 

āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  true
āŠšĀ Ā Ā Ā Ā Ā Ā Ā Ā  false

 

 

 

11)Ā Ā Ā Ā Ā Ā  A(n) _______ is a collection of people who work together and coordinate their actions to achieve a wide variety of goals.

 

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