210)The following tendencies of U.S. managers (large corporations) regarding managerial "control" are generally true,except:

Group of answer choices

heavy reliance on quantitative performance criteria

short-term performance orientation

broad and transitory base of shareholders, much inclined "to flee" (sell their shares) rather than "fight" management for change when disappointed with performance

more pressure from non-shareholder "stakeholders" than in Western Europe

22.)Western European CEOs (large companies), relative to their American (U.S.) counterparts, tended to be:

Group of answer choices

more easily fired if not performing well

less likely to have studied business and management subjects during formal higher education

more mobile between employers

more well paid

23.)Which of the following is more characteristic of the E.U. (vs. the U.S.)?

Group of answer choices

More social and legal resistance to laying off employees

Less extensive government involvement in labor relations

More widespread ownership of company stock by the general public

More entrepreneurial startups

25)In comparison with their US counterparts, European corporations, in general, are

Group of answer choices

more willing to take risks to seek opportunities for high growth

more interested in business expansion and product diversification

more interested in getting funds by issuing stocks rather than bonds (debt)

less active in mergers and acquisitions

26)Western European employer-employee relations (by contrast with theU.S.) show all of the following tendencies,except:

Group of answer choices

unions are more powerful and influential than their US counterparts

employee-employer relations policies are more regulated by government, thus fewer issues are discussed/resolved through unionized collective bargaining

lower rates of unionization

longer advance notice and larger severance (separation) payments when making layoffs

27)A characteristic of Western Europe, by contrast with the United States:

Group of answer choices

lower non-wage labor costs

higher tax burden in proportion to national income

less government social spending in proportion to national inc

more labor mobility between employers

29)A characteristic pattern of the Western European labor environment of (versus North America):

Group of answer choices

lower long-term unemployment rates

less incidence of "industrial democracy"

weaker ties between unions and political parties

more absenteeism and more vacation days for employees

Question 30

Managerial propensities of factory directors in the former Soviet system included all of the following,except:

padding of cost and expense estimates

frequent layoffs of employees to control labor costs

overstatement of resource requests to higher-ups

recourse to barter, connections and bribes to obtain scarce parts and supplies when suppliers didn't deliver on time

Question 31

Which of the following historically fits socialist countries (e.g., Cuba, North Korea, former USSR):

Group of answer choices

extensive private schooling for business management

resource allocation governed by supply and demand

public (government) ownership of the means of production

much managerial autonomy in decision making

Question 32

0.5pts

In the former Soviet industrial management system, all of the following were true,except:

Group of answer choices

factory plans were negotiated annually with government branch ministries

the system didn't work well without bending the rules

no private ownership rights

each enterprise was essentially a cost center rather than a profit center

profitability was the primary performance criterion at the enterprise (factory) level