21) A company can add new products through acquisition or development. The acquisition route can take three forms. The company can buy other companies, it can acquire patents from other companies, or it can buy a ________ or _________ from another company.
A. license/receive permission
B. franchise/co-brand
C. franchise/acquire rights
D. license/franchise
22) New-to-the- world products are ________.
A. new products that allow a company to enter an established market for the first time
B. new products that provide improved performance or greater perceived value and replace existing products
C. existing products that are targeted to new markets or market segments
D. new products that supplement established product lines (package sizes, flavors, and so on)
E. new products that create an entirely new market
23) The chief disadvantage to a firm that decides to follow a product specialization strategy in selecting target markets is ________.
A. logistics can become a nightmare
B. competitors can easily copy any new product introductions
C. e-commerce becomes difficult for the company
D. the product may be supplanted by an entirely new technology
E. no synergy exists
24) Which of the following statements best defines a work group?
A. A work group interacts primarily to share information, rather than to engage in work that requires joint effort.
B. A work group consists of 3 or more people from across departmental or functional lines.
C. A work group is a group comprised of 10 or more people
D. A work group consists of 3 or more people who take on self-supervising responsibilities.
E. The performance of a work group is generally greater than the sum of its inputs from individual members.
25) The traditional view of conflict is the belief that conflict is _____.
A. natural
B. situationally-dependent
C. neutral
D. necessary
E. harmful
26) Which of the following is NOT included in the definition of conflict?
A. disruption of tasks
B. negative effects
C. incompatibility
D. something that is cared about
E. perception
27) Which of the following statements about leadership is true?
A. Formal rights enable managers to lead effectively.
B. leaders are hierarchically superior to followers.
C. Nonsanctioned leadership is as important as or more important than formal influence.
D. managers are leaders.
E. leaders are managers.
28) _____ bargaining is negotiation that seeks to divide a “fixed pie.”
A. Integrative
B. Affective
C. Conjunctive
D. Reflective
E. Distributive
29) Danielle wants to become a surgeon, not only because achieving this goal will give her self-respect and autonomy, but also because she wants a job with high status and recognition from others. Which of Maslow’s needs is Danielle trying to fill?
A. social
B. psychological
C. safety
D. esteem
E. self-actualization
30) Which of the following qualities is NOT found in work groups?
A. security
B. energy
C. objectives
D. enthusiasm
E. synergy
Total 500 Questions from 5 set of actual exams (5 sets x 100 questions) with double checked answers
final exam str 581
str 581 final exam answers
str 581 final exam
str 581 final
100 % A+ Correct answers !! Double Checked
str 581 final exam answers
str 581 final exam
str 581 final
