IB Practice test difficult questions Flashcards
As professor Meijs explained in his lecture on business ethics, which of the following statements is true?
Corporate Community Involvement = Corporate Citizenship + Corporate Social Responsibility
According to Introduction to Business the main motivation for the rising popularity of international joint ventures in the 1970s and 1980s was one of
Control in the form of access to markets, resources and supply chains
According to Introduction to Business in business ethics the theory of utilitarianism is classified as a pragmatic version of
Transcendental ethics
According to prof. Meijs in his lecture on Business Ethics and Corporate Social Responsibility, the core activities of NGOs and Nonprofit Organizations are
Service delivery, mutual support and campaigning
In his lecture on Small business and entrepreneurship Dr. Hulsink discussed the concept of gestation in nascent entrepreneurship. To which particular activities does the concept of gestation refer?
Forming a legal entity and investing money in the business
What is the effect of entering into a franchise agreement for a small business owner?
You retain ownership of your business but you lose your independence in running the business
What, according to Dr. Koene in his lecture on creating flexible organizations, is the classical organization design dilemma?
Optimizing both efficiency and effectiveness
When a company devises a plan to cut costs, match competitor’s prices, boost sales and thus improve its competitive position for a number of years ahead, such a plan is ca
A tactical plan
In the field of HRM Introduction to Business distinguishes several approaches to employee performance feedback. Which of these approaches is criticized for being prone to cause defensiveness, resentment and frustration in subordinates?
The ‘tell and sell’-approach, because the employee has no saying in this method. Only the supervisor “sells” the critique to the employee.
tell-and-listen approach, the supervisor tells the employee what has been right and wrong with the employee’s performance and then gives the employee a chance to respond.
problem-solving approach, employees evaluate their own performance and set their own goal s for future performance
A 360-degree evaluation collects anonymous reviews about an employee from his or her peers , subordinates, and supervisors and then compiles these reviews into a feed back report that is given to the employee.
Only through tactful, honest communication can the results of an appraisal be fully used.
There are three major approaches t o performance feedback interviews: tell-and-sell, tell-and-listen. and problem solving.
Changing job requirements force companies to invest in training and development of their employees. As dr. Dietz showed in his lecture the distinction between training and development is such that
Training prepares for people’s current jobs, while development focuses on future careers
As explained in the text by Goffin and Mitchell on key aspects of innovation, when a company targets existing products to new markets, this is an example of
Incremental innovation
In his lecture on innovation management professor Van den Ende discussed several models depicting the process of innovation in organizations. In the classical Stage-Gate model
Development precedes testing
In the second part of his lecture on innovation Professor Van den Ende discussed the case whether Siemens should enter the low-end Chinese market for fire detectors. Why did he classify this fire detector as a disruptive innovation?
Because Siemens had to use completely new technology, which it did not have at its disposal in China yet
In his lecture on innovation management Professor Van den Ende also discussed several models depicting the process of innovation in organizations. The characteristic of testing a minimally viable product with clients in an early phase of the innovation process to reduce uncertainty about product success is a typical feature of
The Lean Development model
Which of the following statements about Total Quality Management (TQM) is correct?
I. TQM requires high levels of trust across the entire organization
II. The gains of TQM tend to increase over time due to growing employee engagement
I. TQM requires high levels of trust across the entire organization
TOM is a strategic approach to quality that embraces all members of the organization . The aim is to create a corporate culture that focuses on the needs of the customer by building quality into every aspect of the operation. The claimed advantages are a cost saving for the organization and added value for the customer. It is a method of long-term continuous improvement that is linked to national standards and international standards . Common criticisms include its association with the introduction of a cumbersome bureaucracy and the problems of introducing such systems in low-trust cultures.
