1 Whats the major requirement for lowcontext managers doing

1. What\'s the major requirement for low-context managers doing business in high-context cultures? A. Promptness B. Formality C. Flexibility D. Patience

2. Which of the following attacks refers to electronic garbage and harassment? A. Spoofing B. Worms C. Viruses D. Spamming

3. The best way to treat a computer-based customer relationship management system is to consider it as a/an _______ system. A. back-end B. bridge C. front-end D. integrated

4. Which of the following groups is the primary cause for an organization\'s failure? A. Management B. Customers C. Competitors D. Suppliers

5. Just-in-time strategies _______ investment in inventories. A. semi-increase B. increase C. decrease D. semi-decrease

6. Marketing management focuses on _______-term results. A. intermediate B. short C. near long D. long

7. Marketing and sales management should focus more on doing A. cross-selling and lateral-selling. B. lateral-selling and down-selling. C. up-selling and cross-selling. D. up-selling and down-selling.

8. Organizational controls affect which of the following? A. Ethics, fraud, costs, audit, and risks B. Fraud and audit C. Risks and costs D. Ethics and laws

9. Regarding supplier performance measurement, a supplier\'s willingness to participate in the minimum purchase requirement comes under _______ measures. A. cost/price B. delivery C. quality D. service

10. Which of the following represents the costs associated with safety stock as a cushion? A. Quality B. Stock-out C. Ordering D. Carrying

11. The Securities Act of 1933 focuses on _______ transactions. A. computer trading B. primary C. secondary D. over-the-counter

12. _______ show the amount of time needed to complete activities as well as the amount of activity that needs to be completed within a timeframe. A. Fishbone diagrams B. Process diagrams C. Gantt charts D. Organizational charts

13. John (the seller) and Tom (the buyer) entered into a contract for the sale and purchase of an Item K for $12,000. Later, John finds out that Tom wants to resell the item to Gary, a reseller, for a 10% profit after the purchase. John breaches the contract and sells the item directly to Gary, instead of to Tom. The market price of the Item K at the time of breach is $14,000. Now, Tom sues John for the breach of the contract. How much Tom can expect in compensatory damages from John? A. $2,000 B. $2,600 C. $1,200 D. $1,400

14. Higher-level managers need A. less soft skills and more hard skills. B. more soft skills and less hard skills. C. no soft skills and all hard skills. D. average soft skills and average hard skills.

15. What are the internal factors affecting job recruiting? A. Demand for labor B. Promotion policies C. Legal considerations D. Supply of labor

16. Backward or reverse electronic auction occurs between A. many buyers and many sellers. B. one buyer and one seller. C. one seller and many buyers. D. one buyer and many sellers.

17. Which of the following bases of power is based on an individual\'s charisma? A. Legitimate B. Reward C. Coercive D. Referent

18. Which of the following represents the correct sequence of tasks in the human resources department? A. Job description Job analysis Job design Job specifications B. Job specifications Job analysis Job design Job description C. Job design Job analysis Job description Job specifications D. Job analysis Job design Job specifications Job description

19. Which of the following types of inventory decreases when customers are buying heavily and production management wasn\'t able to meet the customer demand? A. Work-in-process B. In-transit C. Finished goods D. Raw materials

20. A recent regulatory audit of RBI Financial Corporation revealed that the company is in compliance with six new regulations and noncompliance with three new rules. The RBI legal counsel gathered the following financial data with the cooperation of functional management. All data is in thousands (k). What is the out-of-pocket cost of noncompliance for the RBI Corporation? Cost of planning $5K Cost of hiring employees $10K Fines and penalties $100K Cost of training $6K Cost of implementation $20K Court costs $1K Cost of reporting $2K Cost of legal fees $15K Reputation costs $50K End of exam A. $166k B. $129k C. $121k D. $116k

Solution

1.    The major requirement for low-context managers doing business in high-context cultures is formality(B)

2.    The following attacks refers to electronic garbage and harassment : Spamming ( D)

3.    The best way to treat a computer-based customer relationship management system is to consider it as an integrated system (D).

4.    The group the primarily responsible for an organization\'s failure is Management (A)

5.    Just-in-time strategies decrease ( C ) investment in inventories

6.    Marketing management focuses on long term (D) results.

7.    Marketing and sales management should focus more on doing up-selling and cross-selling (C )

8.    Organizational controls affect Ethics, fraud, costs, audit, and risks (A)

9.    Regarding supplier performance measurement, a supplier\'s willingness to participate in the minimum purchase requirement comes under cost/price measures. ( A. )

10.   Carrying ( D) represents the costs associated with safety stock as a cushion

11. The Securities Act of 1933 focuses on primary transactions (C)

12. Gantt charts (C) show the amount of time needed to complete activities as well as the amount of activity that needs to be completed within a timeframe

13. Tom can expect in compensatory damages of $1,200 (C)from John

14. Higher-level managers need. more soft skills and less hard skills.(B)

15. The internal factors affecting job recruiting is Promotion policies(B)

16. Backward or reverse electronic auction occurs between one buyer and many sellers.(D)

17. Referent (D) power is based on an individual\'s charisma

18. The correct sequence of tasks in the human resources department is Job description Job analysis Job design Job specifications (A)

19. Finished goods (C) inventory decreases when customers are buying heavily and production management wasn\'t able to meet the customer demand