Which THREE of the following apply?

The scientific management theory of management suffers from a number of problems. Which THREE of the following apply?A . Because under scientific management employees are trained to do just one part of a job they can become bored, motivation declines and labour turnover increases.B . Managers may find that as...

April 14, 2021 No Comments READ MORE +

Which of the following is the most appropriate term for the SBU according to the Boston Consulting Group model?

A company has a number of Strategic Business Units (SBUs), one of which operates in a market that is experiencing high growth. The SBU has only been in operation for a short while and therefore its market share relative to its competitors is small. Which of the following is the...

April 14, 2021 No Comments READ MORE +

JJ is the project manager implementing a new software system in the customer services department of a large manufacturing organisation.

JJ is the project manager implementing a new software system in the customer services department of a large manufacturing organisation. As part of the new ways of working, JJ is introducing changes to the working hours of the customer services team. The customer services team is not happy with the...

April 14, 2021 No Comments READ MORE +

According to Porter, which will give the company a sustainable competetive advantage?

Michael Porter identified four determinants of national competitive advantage, one of which is Factor conditions. A company has the following 4 factor conditions. According to Porter, which will give the company a sustainable competetive advantage?A . Unskilled labourB . Raw materialsC . R & D experienceD . Initial capital availabilityView...

April 14, 2021 No Comments READ MORE +

What stage of its strategic analysis has the organisation failed to carry out?

An organisation undertakes a planned strategy and it is currently at the stage of completing a strategic analysis. It has defined what it is seeking to achieve, identified the strengths and weaknesses of the company and has undertaken a corporate appraisal. What stage of its strategic analysis has the organisation...

April 13, 2021 No Comments READ MORE +

In terms of Porter's Diamond model, a DEMAND condition as applied to the brewing industry in Germany would be which of the following?

In terms of Porter's Diamond model, a DEMAND condition as applied to the brewing industry in Germany would be which of the following?A . German consumers are loyal and enthusiastic about German beer, and are keen to purchase new products.B . Germany has a network of firms and suppliers that...

April 13, 2021 No Comments READ MORE +

Which of the following is the concept whereby a manager has a right to exercise power on behalf the organisation?

Which of the following is the concept whereby a manager has a right to exercise power on behalf the organisation?A . AccountabilityB . EmpowermentC . AuthorityD . DelegationView AnswerAnswer: C

April 12, 2021 No Comments READ MORE +

Which TWO of the following factors are considered to be advantages of the rational approach?

Many public companies remain committed to the rational approach to strategic decision making believing that the long term advantages outweigh the disadvantages. Which TWO of the following factors are considered to be advantages of the rational approach?A . Less time consuming and less expensiveB . Fosters an entrepreneurial spiritC ....

April 12, 2021 No Comments READ MORE +

Which of the following are examples of problems associated with group working?

Which of the following are examples of problems associated with group working? (i) The Abilene paradox (ii) Synergy (iii) Risky Shift (iv) Groupthink (v) ConformityA . All of the aboveB . (i), (iii), (iv) and (v)C . (i), (ii), (iii) and (iv)D . (ii), (iii), (iv) and (v)View AnswerAnswer: B

April 12, 2021 No Comments READ MORE +

Which THREE of the following are benefits of having strong discipline and grievance procedures in place?

Which THREE of the following are benefits of having strong discipline and grievance procedures in place?A . Cost savings due to legal costs being avoided.B . Staff have higher morale and are more motivated.C . Any staff who don't perform as required can be dismissed without risk of legal action.D...

April 12, 2021 No Comments READ MORE +