week4quiz - Name Class Date ID A MT2050 Week 4 Quiz Chapter...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Name: ________________________ Class: ___________________ Date: __________ ID: A 1 MT2050 Week 4 Quiz Chapter 6 Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. ____ 1. Which of these refers to the process of identifying problems and then resolving them? a. organizing b. controlling c. decision making d. planning e. leading ____ 2. ____ decisions are made in response to recurring organizational problems. a. Nonprogrammed b. Simple c. Complex d. Programmed e. Real ____ 3. Which of the following is an example of a nonprogrammed decision? ____ 4. ____ decisions usually involve situations that are unique and often poorly defined. a. Nonprogrammed b. Simple c. Complex d. Programmed e. Real ____ 5. The choice that Wal-Mart, the world's largest retailer, made when it decided to establish a loan company to help it reduce credit card processing costs was: ____ 6. Managers try to obtain information about decisions' alternatives that will reduce decision:
Image of page 1

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

View Full Document Right Arrow Icon
Name: ________________________ ID: A 2 ____ 7. While other athletic shoe manufacturers have continued to target the same markets, Reebok has chosen to target children to increase its sales. According to financial experts, "Uncertainty over Reebok's overall strategic direction explains why the company's stocks were trading at a much lower rate than its competitors." The statement suggests that Reebok's managers: a. have all the information they need to succeed in the new market they have chosen b. know which goals they want to achieve, but their information about the future is incomplete c. decision will produce the desired results d. have no idea what corporate objectives have been set for them e. are able to ignore environmental trends ____
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern