Question 1

Most organizations can safely ignore changes in the general environment.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is not one of the reasons that an environment would be considered poor?

Accepted Answer

A)  The organization may be located in a poor country or a poor region.
B)  There is a large customer base, and organizations can't fill the demand.
C)  There are many organizations fighting over a limited amount of resources.
D)  There is a high level of competition.E) A) and B)
F) A) and C)

Question 3

Developing a good reputation is a way to manage competitive interdependencies.

Accepted Answer

A) True 
 B)False

Question 4

A small restaurant hires an advertising firm to handle promotions and advertising. This is an example of _________.

Accepted Answer

A)  a network
B)  franchising
C)  a long- term contract
D)  outsourcingE) All of the above
F) None of the above

Question 5

How was Ford able to reduce the complexity of its environment?

Accepted Answer

A)  Contracted for financing at a low interest rate
B)  Reduced the number of countries it operated in
C)  Reduced the number of suppliers it used
D)  Removed the overseas dealer networkE) B) and C)
F) A) and B)

Question 6

A keiretsu is a more formal interorganizational linkage than joint ventures.

Accepted Answer

A) True 
 B)False

Question 7

Economic forces, such as the interest rate or unemployment rate, are categorized as forces in the specific environment, since they affect the ability of all organizations in a particular environment to secure resources.

Accepted Answer

A) True 
 B)False

Question 8

Although other companies are dependent on Microsoft, the software giant is:

Accepted Answer

A)  operating in a simple environment.
B)  dependent on other companies.
C)  operating in a stable environment.
D)  not dependent on other companies.E) None of the above
F) A) and B)

Question 9

________are a part of an organization's specific environment.

Accepted Answer

A)  Interest rates
B)  Employees
C)  Suppliers
D)  ShareholdersE) C) and D)
F) None of the above

Question 10

Probably the most common linkage mechanism for managing symbiotic interdependencies is trust and reputation.

Accepted Answer

A) True 
 B)False

Question 11

The ________is the set of forces surrounding an organization that has the potential to affect the way it operates and its access to scarce resources.

Accepted Answer

A)  hierarchy
B)  global environment
C)  organizational environment
D)  economyE) All of the above
F) C) and D)

Question 12

The government attempted to control prescription drug prices during the 1990s. What effect would this have had on this industry?

Accepted Answer

A)  It would have reduced competition, thereby reducing the complexity of this environment.
B)  It would have increased the demand for drugs, thereby making the environment more dynamic.
C)  It would have enlarged the domain of this industry.
D)  It would have made the environment more complex due to the reduction in profits.E) A) and D)
F) B) and C)

Question 13

Which of the following is the least formal interorganizational strategy for managing symbiotic interdependencies?

Accepted Answer

A)  Co- optation
B)  Network
C)  Collusion
D)  Strategic alliancesE) All of the above
F) B) and D)

Question 14

According to ________, an organization should minimize its dependences on other organizations for resources and find ways of influencing them to make resources available.

Accepted Answer

A)  group theory
B)  resource dependency theory
C)  contingency theory
D)  organizational theoryE) A) and B)
F) A) and C)

Question 15

Which term is defined by the amount of resources available to support an organization's domain?

Accepted Answer

A)  Organizational domain
B)  Environmental richness
C)  Environmental dynamism
D)  Environmental complexityE) None of the above
F) B) and D)

Question 16

________exist between an organization and its suppliers.

Accepted Answer

A)  Rites of passage
B)  Levels of hierarchy
C)  Competitive interdependencies
D)  Symbiotic interdependenciesE) B) and C)
F) A) and D)

Question 17

U.S. companies had not been involved in international trade until the Industrial Revolution began.

Accepted Answer

A) True 
 B)False

Question 18

A capital keiretsu has a bank at the center of its network.

Accepted Answer

A) True 
 B)False

Question 19

The specific environment:

Accepted Answer

A)  includes economic and technological forces.
B)  contains forces that shape the general environment.
C)  consists of outside stakeholders.
D)  includes international forces.E) B) and C)
F) A) and D)

Question 20

Canadian businesses have little history with global trade.

Accepted Answer

A) True 
 B)False

Exam 3: Managing in a Changing Global Environment

How was Ford able to reduce the complexity of its environment?

Correct AnswerverifiedShow Answer

Canadian businesses have little history with global trade.

Correct AnswerverifiedShow Answer

The ________is the set of forces surrounding an organization that has the potential to affect the way it operates and its access to scarce resources.

Correct AnswerverifiedShow Answer

Which of the following is not one of the reasons that an environment would be considered poor?

Correct AnswerverifiedShow Answer

A capital keiretsu has a bank at the center of its network.

Correct AnswerverifiedShow Answer

Developing a good reputation is a way to manage competitive interdependencies.

Correct AnswerverifiedShow Answer

Probably the most common linkage mechanism for managing symbiotic interdependencies is trust and reputation.

Correct AnswerverifiedShow Answer

Which term is defined by the amount of resources available to support an organization's domain?

Correct AnswerverifiedShow Answer

U.S. companies had not been involved in international trade until the Industrial Revolution began.

Correct AnswerverifiedShow Answer

A small restaurant hires an advertising firm to handle promotions and advertising. This is an example of _________.

Correct AnswerverifiedShow Answer

Economic forces, such as the interest rate or unemployment rate, are categorized as forces in the specific environment, since they affect the ability of all organizations in a particular environment to secure resources.

Correct AnswerverifiedShow Answer

A keiretsu is a more formal interorganizational linkage than joint ventures.

Correct AnswerverifiedShow Answer

Most organizations can safely ignore changes in the general environment.

Correct AnswerverifiedShow Answer

The government attempted to control prescription drug prices during the 1990s. What effect would this have had on this industry?

Correct AnswerverifiedShow Answer

________are a part of an organization's specific environment.

Correct AnswerverifiedShow Answer

The specific environment:

Correct AnswerverifiedShow Answer

________exist between an organization and its suppliers.

Correct AnswerverifiedShow Answer

Although other companies are dependent on Microsoft, the software giant is:

Correct AnswerverifiedShow Answer

According to ________, an organization should minimize its dependences on other organizations for resources and find ways of influencing them to make resources available.

Correct AnswerverifiedShow Answer

Which of the following is the least formal interorganizational strategy for managing symbiotic interdependencies?

Correct AnswerverifiedShow Answer

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