Question 1311 pts

Once a company's vision and mission statement have been articulated, management must assess a company's SWOT, which stands for ________.

strengths, weaknesses, operations, and targets

strengths, world view, obligations, and tasks

strengths, weaknesses, opportunities, and threats

strengths, weaknesses, organization, and threats

strengths, world view, organization, and targets

Question 1321 pts

A company that is organized around specific business functions and where there are several levels of first-line and middle managers is a(n) ________ organization.

network

vertical

flat

linear

inverted

Question 1331 pts

A ________ is a graph that displays the values of two variables to see if there is a relationship between the variables.

scatterplot

run chart

check sheet

control chart

histogram

Question 1341 pts

The vast majority of people who have graduated from a reputable Master's in Business Administration program have a mastery of the basic skills a successful manager needs to possess: technical, interpersonal, conceptual, decision-making, and time management.

True

False

Question 1351 pts

Sally Hodges manages the housekeeping staff at a luxury resort. Most of the workers she interacts with are originally from Guatemala. Sally has decided to take a course in Spanish in order to communicate better with her staff. She is developing her ________ skills.

interpersonal

technical

leadership

conceptual

decision-making

Question 1361 pts

In an organizational chart for a company, training will generally fall under what division?

human resources

finance

operations

marketing

sales

Question 1371 pts

Most companies have control systems that help measure the plans they set in place to carry out the goals and objectives of the organization. This control system generally forms a cycle.

True

False

Question 1381 pts

Goals are broad accomplishments that an organization wants to achieve within a certain time frame-in most companies, this is about ________.

three months

six months

one year

five years

ten years

Question 1391 pts

When is the annual budget for an organization developed?

during strategic planning

during tactical planning

during operational planning

during contingency planning

during SWOT analysis

Question 1401 pts

The benefit of a horizontal organization is that each team has more responsibility for the outcome of its work.

True

False