Model answers quiz 5 (b) - Strategic Management Quiz 5 (b)...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Strategic Management Quiz 5 (b) 0.5 negative mark for each wrong answer True/False 1. Staffing issues can involve hiring new people with new skills, firing people with inappropriate or substandard skills, and/or training existing employees to learn new skills. (p.218) Answer: T 2. A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines. (p.220) Answer: F 3. A professional liquidator might be called on by a bankruptcy court to close the firm and liquidate its assets. (p.220) Answer: T 4. Executive succession is the process of replacing a key top manager. (p.221) Answer: T 5. Assessment centers evaluate a person’s performance only for leaderless group discussions. (p.222) Answer: F 6. Downsizing refers to the planned elimination of positions or jobs. (p.222) Answer: T 7. MBO stands for Management By Objectives. (p.231) Answer: T 8. Assimilation involves the relatively balanced give-and-take of culture and managerial practices between...
View Full Document

This note was uploaded on 07/21/2011 for the course BUS 10001 taught by Professor All during the Spring '11 term at Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology.

Page1 / 2

Model answers quiz 5 (b) - Strategic Management Quiz 5 (b)...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online