PROGRAM NAME: Associate in Applied Science Degree in Business Administration – Accounting Technology, Business Administration, Entrepreneurship, Management, and Real Estate Sales and Management, and including a short certificate in Entrepreneurship 2009/10 PROGRAM EVALUATION PLAN CALHOUN COMMUNITY COLLEGE UNIT PURPOSE AND DESCRIPTION: (What is the role of your unit within the College?) The Business Administration Program provides education and training opportunities for students who are interested in pursuing business careers in accounting (financial or managerial), business administration, entrepreneurship (self-employment in the small business sector), management (small business sector) and real estate sales and management. This program is also appropriate for students who are employed and who wish to upgrade their business skills and knowledge. RLS101 Real Estate Principles (as approved by the Alabama Real Estate Commission) is a prelicensure course for those interested in selling real estate. This program is not designed for transfer, although some of the courses may transfer to some senior institutions ALIGNMENT OF PROGRAM OUTCOMES WITH THE INSTITUTION’S MISSION STATEMENT AND THE PLAN FOR STUDENT SUCCESS: The mission of Calhoun Community College is to provide quality, innovative instruction and promote community development and cultural enrichment by (1) ensuring open access, (2) providing responsive student support services, (3) valuing diversity, (4) integrating assessment, accountability and improvement, (5) assuring a safe environment, (6) promoting lifelong learning, (7) securing partnerships for economic development, (8) facilitating research efforts to meet workforce development needs, and (9) supporting professional development. The Business Administration program purpose assigns with items (4), (6), (8) and (9) of the College’s Mission Statement. 1/12/2012 PROGRAM NAME: Associate in Applied Science Degree in Business Administration – Accounting Technology, Business Administration, Entrepreneurship, Management, and Real Estate Sales and Management, and including a short certificate in Entrepreneurship 2009-10 PROGRAM EVALUATION PLAN CALHOUN COMMUNITY COLLEGE Competency Area Student Learning Outcome Methods of Evaluation or Assessment Evaluation or Assessment Standards Assessment Results Explain how results were used to improve student learning, curriculum, or program. Business Principles Upon completion of the Business Administration Program, students will have an understanding of business principles including planning, organizing, staffing, directing and controlling. BUS 275 Final Exam Completing this course, students take the final exam. At least 70% of the Business Administration students will score 70% or better on the final exam. A copy of the BUS275 is attached. Analysis of data shows that 62.5% of the Business Administration students scored 70% or better on the final exam. This measurement is 7.5 points below the expected metric of 70%. Only one section of this class was taught. Results of the final exam for individual students and sections, were disseminated to all Business faculty at the end of each semester. This information was used to revise and improve course instruction. Business Communication Upon completion of the Business Administration Program, students will create a written resume with a cover letter. Student Resumes with Cover Letter At least 70% of Business Administration Students will produce a completed resume and cover letter with a score of 70 or better. The scoring rubric is attached. Analysis of data shows that 85.39% of the Business Administration students scored 70% or better on the Resume with Cover letter. This measurement is less than 1 point below the expected metric of Results of the graded resume and cover letter for individual students and sections, were disseminated to all Business faculty at the end of each semester. This information was used to revise and improve course instruction. 1/12/2012 70% Accounting Skills Upon completion of the Business Administration Program, students will be able to complete the accounting cycle. Graded Bus 241 Comprehensive Project that includes a complete business accounting cycle (also known as a practice set in accounting). At least 70% of Business Administration Students will complete an accounting project encompassing one complete business accounting cycle with a score of 70% or better. Analysis of data shows that 98.51% of the Business Administrations students scored 70% or better on the Accounting Comprehensive Project Results show that our students are exceeding the desired metric by over 28 points. These results were shared with the BUS241 faculty at the end of each semester. This information was used to revise and improve course instruction. Economics Upon completion of the Business Administration Program, students will demonstrate an understanding fundamental economic principles and current economic conditions. The use of 10 standard questions on the ECO 232 post-test which address awareness of core economic principles and current economic events. A copy of the post-test and grading rubric is attached. At least 70% of Business Administration Students will answer 70%, or more, of the selected questions correctly. Analysis of data shows that 58% of the Business Administration students scored 70% or better on the Economics Microeconomics Post-test. This measurement is 12 points less than the expected metric of 70% Results of the posttest, for individual students and sections, were disseminated to all Economics faculty at the end of each semester. This information was used to revise and improve course instruction. 1/12/2012 BUS275 Final Exam 2009-2010 Results Percentage Frequency 62.5 10 37.5 5 Scored > =70% Scored < 70% Percentage Scored < 70% Scored >=70% 0 10 20 30 40 50 This data is based upon a single class. This was the only section offered. 1/12/2012 60 70 BUS215 Resume Grade Results for 2009-2010 Percentage Frequency 69.09 76 30.91 13 Scored >=70% Scored < 70% Percentage Scored < 70% Scored >=70% 0 10 20 30 40 This data is based upon 4 sections taught by two instructors. 1/12/2012 50 60 70 80 BUS241 Comprehensive Project Results for 2009-2010 Scored >=70 Scored <70 Didn't do the assignment Percentage Frequency 98.51 198 1.49 3 59 Percentage Scored <70 1.49 Scored >=70 98.51 0 20 40 This data is based upon 10 sections taught by three instructors 1/12/2012 60 80 100 120 Economics Post-Test Results for 2009-2010 Scored >=70% Scored < 70% Percentage Frequency 58% 138 42% 98 Percentage Scored < 70% Scored >=70% 0% 10% 20% 30% 40% This data is based upon 10 Sections and 5 instructors. 1/12/2012 50% 60% 70% BUS275 Final Exam with Scoring Rubric Grade Test: Final Exam: Chapters 1 - 19 Assign a grade and feedback for the current test attempt. When available, click Save and Next or use the arrow buttons to navigate through or grade the attempts in the queue one at a time. If no grade is assigned to the attempt, clicking Save and Next will not change the status of the attempt. If multiple attempts for a test have been allowed, a Student's grade is not released until all of the attempts have beeen graded. Click Hide User Names to grade attempts anonymously. Click Show User Names to display user information. More Help Test Information Status Completed Score 100 out of 115 points Time Elapsed 1 hour, 40 minutes out of 2 hours. Started Date 12/13/11 12:07 PM Submitted Date 12/13/11 1:48 PM Instructions Clear Attempt Clear Attempt Click Clear Attempt to clear this user’s attempt. Question 1: Multiple Choice For the video that was viewed in class, the lecturer's name is Given Answer: Dr. Randy Pausch Correct Answer: 1/12/2012 Dr. Randy Pausch 5 out of 5 points Question 2: Multiple Choice The name of the video that we watched in class is Given Answer: The Last Lecture Correct Answer: The Last Lecture 5 out of 5 points Question 3: Multiple Choice Which of the following is (are) a motivator(s) for this video that we viewed in class? Given Answer: All of the above Correct Answer: All of the above 1/12/2012 5 out of 5 points Question 4: True/False Nonprogrammed decisions require six steps, however, programmed decisions being structured and well understood requires only one step. 1 Given Answer: False Correct Answer: False out of 1 points Question 5: True/False Efficiency can be calculated as the amount of resources used to produce a product or service. 1 Given Answer: True Correct Answer: True out of 1 points Question 6: True/False Other organizations in the same industry or type of business that provide goods or services to the same set of customers are referred to as suppliers. 1/12/2012 1 Given Answer: False Correct Answer: False out of 1 points Question 7: Multiple Choice According to the text, all of the following are ways managers can improve their writing skills EXCEPT: Given Answer: Write lengthy explanations Correct Answer: Write lengthy explanations 1 out of 1 points Question 8: True/False The virtual teams have resulted from globalization and advances in technology. 1 Given Answer: True Correct Answer: True out of 1 points 1/12/2012 Question 9: True/False Level 5 leaders are ambitious for themselves and their organizations. 1 Given Answer: False Correct Answer: False out of 1 points Question 10: Multiple Choice Darren set goals for each of his employees. Each employee ended up with at least twenty-five goals. This process violates which of the following criteria for effective goals? Given Answer: Covers key result areas Correct Answer: Covers key result areas 1 out of 1 points Question 11: Multiple Choice Sexual harassment is unethical because it violates an important part of which approach to ethical behavior? 1/12/2012 Given Answer: The moral-rights approach Correct Answer: The moral-rights approach 1 out of 1 points Question 12: Multiple Choice Herman is a team leader at CyberChasers. He usually tries to resolve conflict by referring the problem to a third party, such as his boss. This style of conflict resolution is known as Given Answer: mediation. Correct Answer: mediation. 1 out of 1 points Question 13: True/False Assessment centers are normally located in a firm's accounting department and have the responsibility of assessing other departments for the costs involved with human resource management. 1/12/2012 1 Given Answer: False Correct Answer: False out of 1 points Question 14: Multiple Choice Culture can be defined as Given Answer: the set of key values, beliefs, understandings, and norms shared by members of an organization Correct Answer: the set of key values, beliefs, understandings, and norms shared by members of an organization 1 out of 1 points Question 15: Multiple Choice Which communication channel would be most successful to inform managers of impending company-wide layoff? Given Answer: Face to face contact Correct Answer: 1/12/2012 Face to face contact 1 out of 1 points Question 16: Multiple Choice Good examples of ____ decisions are strategic decisions. Given Answer: nonprogrammed Correct Answer: nonprogrammed 1 out of 1 points Question 17: Multiple Choice Most early interpretations of the Hawthorne studies argued that the factor that best explained increased output was Given Answer: human relations. Correct Answer: human relations. 1/12/2012 1 out of 1 points Question 18: Multiple Choice Which of these styles would likely be appropriate for a counseling job? Given Answer: Sensation-feeling Correct Answer: Sensation-feeling 1 out of 1 points Question 19: Multiple Choice Stephanie works in one of seven research and development departments at Tara's Terrace, Inc. This would suggest that Tara's Terrace has a Given Answer: divisional structure. Correct Answer: divisional structure. 1 out of 1 points 1/12/2012 Question 20: True/False Recency supports the old truism that first impressions really do count. 1 Given Answer: False Correct Answer: False out of 1 points Question 21: True/False Rational persuasion is one interpersonal influence tactic available for leaders. 0 Given Answer: False Correct Answer: True out of 1 points Question 22: True/False The tendency to see one's own personal traits in other people refers to attribution. 1/12/2012 Given Answer: False Correct Answer: False 1 out of 1 points Question 23: True/False The leadership grid suggests a two-dimensional leadership theory that measures a leader's concern for people and concern for production. 1 Given Answer: True Correct Answer: True out of 1 points Question 24: Multiple Choice A culture that accepts only one way of doing things and one set of values and beliefs is referred to as a(n) Given Answer: monoculture. Correct Answer: monoculture. 1 out of 1 points Question 25: True/False 1/12/2012 More organizations are requiring all employees to perform boundary-spanning because of environmental turbulence and uncertainty. 1 Given Answer: True Correct Answer: True out of 1 points Question 26: True/False Operations management represents the field of management that specializes in the physical production of goods and services. 0 Given Answer: False Correct Answer: True out of 1 points Question 27: Multiple Choice The ____ is the basis for the strategic level of goals and plans which in turn shapes the ____ and ____ level. Given Answer: mission, tactical, operational Correct Answer: mission, tactical, operational 1/12/2012 1 out of 1 points Question 28: True/False As a common way group norms develop, primacy means that the first behaviors that occur in a team often set a precedent for later team expectations. 0 Given Answer: False Correct Answer: True out of 1 points Question 29: True/False Manager least enjoy activities such as controlling subordinates and managing time pressures. 1 Given Answer: True Correct Answer: True out of 1 points Question 30: True/False Groupthink describes the tendency to go along with others for the sake of avoiding conflict. Given Answer: 1/12/2012 False Correct Answer: 1 False out of 1 points Question 31: True/False Vertical integration means a firm expands into businesses that either produce the supplies needed to make products or that distribute and sell those products to customers. 1 Given Answer: True Correct Answer: True out of 1 points Question 32: Multiple Choice Frank Gilbreth felt that efficiency equated with ____. Given Answer: one best way to do work Correct Answer: one best way to do work 1 out of 1 points Question 33: Multiple Choice 1/12/2012 Which of the following is a formal team composed of a manager and his or her subordinates? Given Answer: Vertical team Correct Answer: Vertical team 1 out of 1 points Question 34: Multiple Choice Which of the following portfolio categories is made up of poor performers who command only a small share of a slow growth market? Given Answer: Dog Correct Answer: Dog 1 out of 1 points Question 35: True/False 1/12/2012 Team members take the responsibilities of scheduling work and vacations and ordering materials in a self-directed team. 0 Given Answer: False Correct Answer: True out of 1 points Question 36: True/False The relationship-oriented leader performs better in situations of intermediate favorability because human relations skills are important in achieving high group performance. 1 Given Answer: True Correct Answer: True out of 1 points Question 37: Multiple Choice The ____ leader is distinguished by their ability to bring about organizational change. Given Answer: transformational Correct Answer: 1/12/2012 transformational 1 out of 1 points Question 38: Multiple Choice Candice is a member of a team at Juggle, Inc. She meets with co-workers from her department to discuss ways to improve quality and the general work environment. This is an example of a Given Answer: problem-solving team. Correct Answer: problem-solving team. 1 out of 1 points Question 39: Multiple Choice Ian does not have much of a relationship with his subordinates. They feel obligated to do as he says because he's the boss. This is an example of Given Answer: legitimate power. Correct Answer: 1/12/2012 legitimate power. 1 out of 1 points Question 40: True/False A task force or a crossfunctional team is a group of employees from different departments formed to deal with a specific activity and existing only until the task is completed. 1 Given Answer: True Correct Answer: True out of 1 points Question 41: Multiple Choice ____ matches with the preconventional level of personal moral development. Given Answer: Task accomplishment Correct Answer: Task accomplishment 1 out of 1 points Question 42: Multiple Choice 1/12/2012 ____ is an organization structure that divides the major functions of the organization into separate companies. Given Answer: The virtual network approach Correct Answer: The virtual network approach 1 out of 1 points Question 43: True/False The ideal size of work teams often is thought to be eight 1 Given Answer: False Correct Answer: False out of 1 points Question 44: Multiple Choice ____ refers to the tendency for the presence of others to enhance one's motivation and performance. Given Answer: 1/12/2012 Public praise Correct Answer: Social facilitation 0 out of 1 points Question 45: Multiple Choice The early research on leadership traits was referred to as the Given Answer: great man approach. Correct Answer: great man approach. 1 out of 1 points Question 46: True/False A high need for power often is associated with successful attainment of top levels in the organizational hierarchy. 1/12/2012 Given Answer: False Correct Answer: True 0 out of 1 points Question 47: Multiple Choice Downward communication is usually used to communicate information about all of the following EXCEPT Given Answer: suggestions for improvement. Correct Answer: suggestions for improvement. 1 out of 1 points Question 48: True/False A discussion is often resolved by logic or "beating down" opponents, whereas, dialogue asks that participants suspend their attachments to a particular viewpoint so that a deeper level of listening, synthesis, and meaning can evolve from the group. 0 Given Answer: False Correct Answer: True out of 1 points Question 49: Multiple Choice 1/12/2012 Which of the following organizations have a flat structure compared to others? Given Answer: Organization B with three hierarchical levels Correct Answer: Organization B with three hierarchical levels 1 out of 1 points Question 50: True/False Front-line mangers have the final responsibility for strategic planning. 1 Given Answer: False Correct Answer: False out of 1 points Question 51: Multiple Choice When a small community hospital decides to add a radiation therapy unit, it is considered as a Given Answer: programmed decision. 1/12/2012 Correct Answer: nonprogrammed decision. 0 out of 1 points Question 52: True/False Customers are the people and organizations in the environment who acquire goods or services from the organization. 1 Given Answer: True Correct Answer: True out of 1 points Question 53: True/False Symbols, stories, heroes, slogans, and ceremonies combine to create an organization's culture. 1 Given Answer: True Correct Answer: True out of 1 points Question 54: Multiple Choice 1/12/2012 The organization's reason for existence is known as Given Answer: the organization's mission. Correct Answer: the organization's mission. 1 out of 1 points Question 55: True/False The functional structure is sometimes called a product, a program, or self-contained unit structure. 1 Given Answer: False Correct Answer: False out of 1 points Question 56: True/False One of the important reasons for the success of UPS is the concept of bureaucracy. 1/12/2012 Given Answer: True Correct Answer: True 1 out of 1 points Question 57: True/False Becoming a successful manager means thinking in terms of building teams and networks, becoming a motivator and organizer within a highly interdependent system of people and work. 1 Given Answer: True Correct Answer: True out of 1 points Question 58: True/False Metacognitive awareness means to step back and see the big picture required for effective planning, monitoring, and evaluating an organization. 0 Given Answer: False Correct Answer: True out of 1 points Question 59: True/False Forms of nonverbal communication include blushing, perspiring, glancing, crying, and laughing. 1/12/2012 1 Given Answer: True Correct Answer: True out of 1 points Question 60: Multiple Choice ____ involves exposing traditional managers to nontraditional peers to help break down stereotypical beliefs. Given Answer: Exposure Correct Answer: Exposure 1 out of 1 points Question 61: True/False Prohibition of discrimination of qualified individuals by employers on the basis of disability and the requirement "reasonable accommodations" be provided are enforced by the Americans with Disabilities Act of 1990. 1 Given Answer: True Correct Answer: True out of 1 points 1/12/2012 Question 62: Multiple Choice Which of the following refers to the rate at which one country's currency is exchanged for another country's currency? Given Answer: Exchange rate Correct Answer: Exchange rate 1 out of 1 points Question 63: Multiple Choice Marion is a great manager and he has a number of special skills. In particular, Marion has the ability to get his subordinates to do more than would be normally expected. Which of the following terms best describes Marion? Given Answer: Charismatic leader Correct Answer: Charismatic leader 1 out of 1 points Question 64: Multiple Choice 1/12/2012 When properly managed, ____ can create additional value with existing resources, providing a big boost to the bottom line. Given Answer: synergy Correct Answer: synergy 1 out of 1 points Question 65: Multiple Choice All of the following are characteristics of administrative decision making model EXCEPT Given Answer: conditions of certainty. Correct Answer: conditions of certainty. 1 out of 1 points Question 66: Multiple Choice 1/12/2012 ____ means that managers focus on leveraging and developing more from the firm's existing assets, capabilities, and core competencies in a way that will provide a sustained competitive advantage. Given Answer: Dynamic capability Correct Answer: Dynamic capability 1 out of 1 points Question 67: Multiple Choice ____ is the final step in the MBO process. Given Answer: Appraise overall performance Correct Answer: Appraise overall performance 1 out of 1 points Question 68: Multiple Choice 1/12/2012 The conventional stage of moral development is best described by which of the following statements? Given Answer: Everybody else is doing it, so it must be okay. Correct Answer: Everybody else is doing it, so it must be okay. 1 out of 1 points Question 69: Multiple Choice ____ describes whether a person who has observed others handle situations in the same way he would. Given Answer: Consistency Correct Answer: Consensus 0 out of 1 points Question 70: Multiple Choice Research has shown that 1/12/2012 Given Answer: diverse groups are more creative than homogeneous groups. Correct Answer: diverse groups are more creative than homogeneous groups. 1 out of 1 points Question 71: True/False A tendency to regard their own culture as superior and to downgrade other cultures reflects an attitude called geocentric. 1 Given Answer: False Correct Answer: False out of 1 points Question 72: Multiple Choice The legal-political environment, in international operations, includes which of the following? Given Answer: Political risks Correct Answer: 1/12/2012 Political risks 1 out of 1 points Question 73: True/False The communication and education approach for overcoming resistance to change should be used when the change is technical and the users need accurate information and analysis to understand change. 0 Given Answer: False Correct Answer: True out of 1 points Question 74: Multiple Choice The Write Pens, Inc. wants to reduce transferring costs by producing closer to the consumer in a foreign country. This will also help in reducing transportation and storage costs. Which strategy would be the best to use given the circumstances? Given Answer: Direct investing Correct Answer: Direct investing 1 out of 1 points 1/12/2012 Question 75: Multiple Choice Which of the following statements is true? Given Answer: Self-managed teams are empowered with decision-making authority. Correct Answer: Self-managed teams are empowered with decision-making authority. 1 out of 1 points Question 76: True/False A plan tells "why" to achieve the goal. 1 Given Answer: False Correct Answer: False out of 1 points Question 77: Multiple Choice All of the following are cultural dimensions as defined by the GLOBE Project, except: 1/12/2012 Given Answer: masculinity Correct Answer: masculinity 1 out of 1 points Question 78: Multiple Choice Which of the following typically is NOT considered a staff department? Given Answer: Strategic planning Correct Answer: Manufacturing 0 out of 1 points Question 79: Multiple Choice The classical model of decision making is based on ____ assumptions. Given Answer: 1/12/2012 economic Correct Answer: economic 1 out of 1 points Question 80: True/False A transnational strategy seeks to achieve both global integration and national responsiveness. 1 Given Answer: True Correct Answer: True out of 1 points Question 81: Multiple Choice According to the Manager's Shoptalk of chapter 2, which of the following is not in the top five contemporary management tools? Given Answer: Collaborative innovation Correct Answer: Collaborative innovation 1/12/2012 1 out of 1 points Question 82: Multiple Choice Which of the following is an incorrect fit in a stable organizational environment? Given Answer: A horizontal structure Correct Answer: A horizontal structure 1 out of 1 points Question 83: Multiple Choice The ____ is a single European currency that replaced 12 national currencies and unify a huge marketplace. Given Answer: Euro Correct Answer: Euro 1 out of 1 points 1/12/2012 Question 84: True/False The management science perspective emerged after World War II to treat problems associated with improving manufacturing. 1 Given Answer: False Correct Answer: False out of 1 points Question 85: Multiple Choice The human resource department at Paula's Powerwheels is implementing a number of functional level strategies. These strategies include focusing on ways to retain and develop a stable work force and ways to improve efficiency in the organization. These functionallevel strategies are consistent with which of the following strategies? Given Answer: Overall cost leadership Correct Answer: Overall cost leadership 1 out of 1 points Question 86: Multiple Choice 1/12/2012 Mingles, Inc. concentrates its efforts on its target market of 18 to 25 year olds. It is using a(n) ____ strategy. Given Answer: focus Correct Answer: focus 1 out of 1 points Question 87: Multiple Choice ____ works best for employees with moderate readiness, according to Hersey and Blanchard. Given Answer: Selling and telling Correct Answer: Selling and participating 0 out of 1 points Question 88: True/False The reality of today's borderless companies also means that consumers can easily identify from which country they are buying. 1/12/2012 1 Given Answer: False Correct Answer: False out of 1 points Question 89: Multiple Choice Which of the following means that all the information the decision-maker needs is fully available? Given Answer: Certainty Correct Answer: Certainty 1 out of 1 points Question 90: True/False According to MANAGER'S SHOPTALK in Chapter 15, a criticism of carrot-and-stick approaches is that extrinsic rewards assume people are driven by higher-level needs. 1 Given Answer: False Correct Answer: False out of 1 points 1/12/2012 Question 91: True/False Permissive expectations typically would fit in a traditional vertical structure with fixed rules and a clear hierarchy of authority. 1 Given Answer: False Correct Answer: False out of 1 points Question 92: Multiple Choice ____ is incentive pay that ties at least part of compensation to employee effort and performance. Given Answer: Pay-for-performance Correct Answer: Pay-for-performance 1 out of 1 points Question 93: True/False People in management positions have formal authority to direct and control immediate subordinates. 1/12/2012 0 Given Answer: False Correct Answer: True out of 1 points Question 94: True/False Administrative acts and decisions recorded in writing is one of the six characteristics of the ideal bureaucracy. 1 Given Answer: True Correct Answer: True out of 1 points Question 95: True/False Workforce diversity refers to hiring people from different geographic regions of the country but of same nationality. 1 Given Answer: False Correct Answer: False out of 1 points Question 96: True/False 1/12/2012 The contingency approach links the leader's behavioral style with the task readiness of subordinates. 1 Given Answer: False Correct Answer: False out of 1 points Question 97: Multiple Choice Keys to effective listening include all of the following EXCEPT Given Answer: have preconceptions. Correct Answer: have preconceptions. 1 out of 1 points Question 98: True/False Tactical plans are designed to help execute the major strategic plans and to accomplish a specific part of the company's strategy. 1/12/2012 Given Answer: True Correct Answer: True 1 out of 1 points Question 99: Multiple Choice ____ includes behavior that is not always written down and may actually not serve an organization's bottom-line. Given Answer: Ethical responsibility Correct Answer: Ethical responsibility 1 out of 1 points Question 100: Multiple Choice Which of the following is not a function of management? Given Answer: Performance Correct Answer: Performance 1 out of 1 points 1/12/2012 Question 101: True/False The administrative model of decision making describes how manager actually make decisions in difficult situations. 1 Given Answer: True Correct Answer: True out of 1 points Question 102: Multiple Choice A formal chain of command for both functional and divisional relationships is provided by the ____ approach to structure. Given Answer: team-based Correct Answer: horizontal matrix 0 out of 1 points Question 103: Multiple Choice The three subfields of the classical perspective include 1/12/2012 Given Answer: administrative management, bureaucratic organization, and scientific management. Correct Answer: administrative management, bureaucratic organization, and scientific management. 1/12/2012 Scoring Rubric: Resume and Cover Letter for Business Communication Competency Area Student Name: _____________________________________________________________Date: _____________________________________ Score Organization and Form Elements of Business Writing Grammar, Usage, Mechanics, and Spelling 1/12/2012 4 The writer uses a clear and organized resume format and the correct and complete form for a business letter. The resume has identified sections, which contain complete and accurate facts. Sections are organized in a sensible way: chronologically, by order of importance, or by skill. The cover letter contains the six essential parts: heading, inside address, salutation, body, closing, and signature. The resume fills a single page. It is written in brief, understandable phrases and contains relevant or standard facts. It does not contain the pronoun I. The letter explains its purpose and identifies what the writer wants: a job, an interview, or consideration. The letter uses formal language and contains no extraneous details. 3 The writer uses an organized resume format and the correct form for a business letter. The resume has identified sections, which contain accurate facts. Sections are organized in a sensible way: chronologically, by order of importance, or by skill. The cover letter contains the six essential parts: heading, inside address, salutation, body, closing, and signature. 2 The writer tries to arrange the resume on the page and approximates the correct form for a business letter. The resume contains accurate facts, but these may not be arranged in a logical way. The cover letter may be missing one or two essential parts. 1 The writer demonstrates a lack of understanding of the correct form for a resume and business letter. The resume is disorganized and hard to understand; section headings may be used inconsistently or may be missing entirely. The letter may lack several essential parts. The resume fills a single page. It is written in phrases and contains mostly facts about educational background and experience. The letter identifies what the writer wants: a job, an interview, or consideration. The letter uses formal language, but the level of language may be inconsistent. The resume may not fill the page. Facts about educational background and experience may be incomplete and difficult to understand. Important details are omitted. In the letter, the writer does not state the purpose for writing. The level of language is inconsistent or inappropriate. There are no errors in mechanics, usage, grammar, or spelling. There are some errors in mechanics, usage, grammar, or spelling, but they do not detract from the meaning. The resume may not fill the page. It is written in words and phrases that contain assorted facts about educational background and experience; these details may be incomplete or hard to understand. The letter may not clearly identify what the writer wants, and some parts may be missing or may be missing elements. There are noticeable errors in mechanics, usage, grammar, or spelling. Some of these may hinder comprehension. The resume and letter are hard to understand because of numerous errors in mechanics, usage, grammar, or spelling. Comments: _______________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ 1/12/2012 Core Questions from the Economics 232 Pre-/Post-Test 1. What is the opportunity cost of buying a new car? a) The value of other goods and services you could have purchased with the money you spent on the car b) The price you paid for the car c) The cost of operating and maintaining the car d) The difference between the price of the car and the price of a used car 2. Joe’s Pizza Company faces a demand for its pizzas which obeys the “law of demand.” This means if Joe lowers the price he charges per pizza a) he will sell more pizzas. b) he will sell fewer pizzas. c) his profit will rise. d) his profit will fall. 3. Which of the following would cause a shortage? a) A price ceiling set below the equilibrium price. b) A price ceiling set above the equilibrium price. c) A price floor set below the equilibrium price. d) A price floor set above the equilibrium price. 4. In order to increase tax revenue, the government should a) raise taxes on goods with elastic demands. b) raise taxes on goods with inelastic demands. c) raise taxes on luxury items purchased mostly by the wealthy. d) place equal taxes on all goods. 5. Marginal utility refers to the a) additional satisfaction from consuming the last unit of a good. b) additional profit generated by the last unit of a good sold. c) benefit derived from all units of a good consumed. d) opportunity cost of a good. 1/12/2012 6. Stephanie's Waterbeds faces the demand shown below for its beds. Each bed costs $300 to produce (no matter how many are made). If Stephanie charges $700 per waterbed, how much total profit will she earn? Price (per bed) Quantity Demanded $1000 1 $900 2 $800 3 $700 4 $600 5 a) $2800. b) $2500. c) $1600. d) $1200. 7. Which of the following is necessary for perfectly competitive markets to exist? a) A high level of advertising. b) Barriers to entry for new firms. c) A few firms have large shares of the market. d) Firms with products that are perfect (identical) substitutes for each other. 8. Which of the following would reduce monopoly power in an industry? a) Reducing the length of copyrights and patents. b) Mergers between existing firms. c) Allowing collusion between existing firms. d) Strengthening licensing requirements in a profession. 9. Price discrimination a) only occurs in competitive markets. b) almost always is illegal in the United States. c) is beneficial to some consumers. d) reduces producers’ profits. 10. A public good is characterized by which of the following? a) People who do not pay for the good can be excluded from using it. b) If one person uses the good, it does not reduce its usefulness to others. c) It is easy to determine who should pay the cost of the good. d) All the above are characteristic of a public good. 1/12/2012 Grading Rubric for the ECO232 Post-Test 1(a) 2(a) 3(a) 4(b) 5(a) 6(c) 7(d) 8(a) 9(c) 10(b) 1/12/2012 PROGRAM NAME: Associate in Applied Science Degree in Business Administration – Accounting Technology, Business Administration, Entrepreneurship, Management, and Real Estate Sales and Management, and including a short certificate in Entrepreneurship 2010-11 PROGRAM EVALUATION PLAN CALHOUN COMMUNITY COLLEGE Competency Area Business Principles Business Communication 1/12/2012 Student Learning Outcome Methods of Evaluation or Assessment Evaluation or Assessment Standards Assessment Results Explain how results were used to improve student learning, curriculum, or program. Upon completion of the Business Administration Program, students will have an understanding of business principles including planning, organizing, staffing, directing and controlling. BUS 275 Final Exam Completing this course, students take the final exam. At least 70% of the Business Administration students will score 70% or better on the final exam. 81% of the Business Administrations students scored 70% or better on the final exam. This is an improvement of 19.5 points from the previous year when we did not meet our 70% metric. Results of this student success were disseminated to all Business faculty at the end of each semester. This information was used to revise and improve course instruction. Upon completion of the Business Administration Program, students will create a written resume with a cover letter. Student Resumes with Cover Letter At least 70% of Business Administration Students will produce a completed resume and cover letter with a score of 70 or better. The scoring rubric is attached. 93.02% of the Business Administration students produced a completed resume and cover letter with a score of 70% or better. This is an improvement from the previous year when we did not meet our 70% metric. Results of this student success were disseminated to all Business faculty at the end of each semester. This information was used to revise and improve course instruction. Accounting Skills Upon completion of the Business Administration Program, students will be able to complete the accounting cycle. Graded Bus 241 Comprehensive Project including a complete business accounting cycle (known as a practice set in accounting). At least 70% of Business Administration Students will complete an accounting project encompassing one complete business accounting cycle with a score of 70 or better. 95.64% of the Business Administration Students who completed the Comprehensive Project scored 70% or better. Results of this student success were disseminated to all Business faculty at the end of each semester. This information was used to revise and improve course instruction. Economics Upon completion of the Business Administration Program, students will demonstrate an understanding fundamental economic principles and current economic conditions. The use of 10 standard questions on the ECO 232 post-test which address awareness of core economic principles and current economic events. At least 70% of Business Administration Students will answer 70%, or more, of the selected questions correctly. 71% of the Business Administration students scored 70% or better on the Economics Post-Test. This is an improvement from the last academic year (62%), Results of this metric were disseminated to all of the Economic instructors to use to revise and improve course instruction 1/12/2012 BUS 275 Final Exam results for 2010-2011 Academic Year Scored >= 70% Scored < 70% Percentage Frequency 81 70 19 18 Percentage Scored < 70% Scored >= 70% 0 20 40 This data is based upon 5 sections taught by 3 instructors 1/12/2012 60 80 100 BUS215 Resume/Cover Letter results for 2010-2011 Academic Year Percentage Frequency 93.02 79 6.98 31 Scored >= 70% Scored < 70% Percentage Scored < 70% Scored >= 70% 0 20 40 This data is based upon 5 sections taught by 3 instructors. 1/12/2012 60 80 100 BUS241 results for 2010-2011 Academic Year Percentage Frequency Scored >=70 95.64 307 Scored < 70 4.36 14 Did not complete the Project 97 Percentage Scored < 70 Scored >=70 0 20 40 60 This data is based upon 16 sections taught 5 instructors. 1/12/2012 80 100 120 ECO232 Post-test Results for 2010-2011 Academic Year Percentage Frequency Scored >=70% 71 75 Scored < 70% 29 30 Precentage Scored < 70% Scored >=70% 0 1/12/2012 10 20 30 40 50 60 70 80 BUS275 Final Exam and Scoring Rubric Grade Test: Final Exam: Chapters 1 - 19 Assign a grade and feedback for the current test attempt. When available, click Save and Next or use the arrow buttons to navigate through or grade the attempts in the queue one at a time. If no grade is assigned to the attempt, clicking Save and Next will not change the status of the attempt. If multiple attempts for a test have been allowed, a Student's grade is not released until all of the attempts have beeen graded. Click Hide User Names to grade attempts anonymously. Click Show User Names to display user information. More Help Test Information Status Completed Score 100 out of 115 points Time Elapsed 1 hour, 40 minutes out of 2 hours. Started Date 12/13/11 12:07 PM Submitted Date 12/13/11 1:48 PM Instructions Clear Attempt Clear Attempt Click Clear Attempt to clear this user’s attempt. Question 1: Multiple Choice For the video that was viewed in class, the lecturer's name is Given Answer: 1/12/2012 Dr. Randy Pausch Correct Answer: Dr. Randy Pausch 5 out of 5 points Question 2: Multiple Choice The name of the video that we watched in class is Given Answer: The Last Lecture Correct Answer: The Last Lecture 5 out of 5 points Question 3: Multiple Choice Which of the following is (are) a motivator(s) for this video that we viewed in class? Given Answer: 1/12/2012 All of the above Correct Answer: All of the above 5 out of 5 points Question 4: True/False Nonprogrammed decisions require six steps, however, programmed decisions being structured and well understood requires only one step. 1 Given Answer: False Correct Answer: False out of 1 points Question 5: True/False Efficiency can be calculated as the amount of resources used to produce a product or service. 1 Given Answer: True Correct Answer: True out of 1 points 1/12/2012 Question 6: True/False Other organizations in the same industry or type of business that provide goods or services to the same set of customers are referred to as suppliers. 1 Given Answer: False Correct Answer: False out of 1 points Question 7: Multiple Choice According to the text, all of the following are ways managers can improve their writing skills EXCEPT: Given Answer: Write lengthy explanations Correct Answer: Write lengthy explanations 1 out of 1 points Question 8: True/False 1/12/2012 The virtual teams have resulted from globalization and advances in technology. 1 Given Answer: True Correct Answer: True out of 1 points Question 9: True/False Level 5 leaders are ambitious for themselves and their organizations. 1 Given Answer: False Correct Answer: False out of 1 points Question 10: Multiple Choice Darren set goals for each of his employees. Each employee ended up with at least twenty-five goals. This process violates which of the following criteria for effective goals? Given Answer: Covers key result areas 1/12/2012 Correct Answer: Covers key result areas 1 out of 1 points Question 11: Multiple Choice Sexual harassment is unethical because it violates an important part of which approach to ethical behavior? Given Answer: The moral-rights approach Correct Answer: The moral-rights approach 1 out of 1 points Question 12: Multiple Choice Herman is a team leader at CyberChasers. He usually tries to resolve conflict by referring the problem to a third party, such as his boss. This style of conflict resolution is known as Given Answer: 1/12/2012 mediation. Correct Answer: mediation. 1 out of 1 points Question 13: True/False Assessment centers are normally located in a firm's accounting department and have the responsibility of assessing other departments for the costs involved with human resource management. 1 Given Answer: False Correct Answer: False out of 1 points Question 14: Multiple Choice Culture can be defined as Given Answer: 1/12/2012 the set of key values, beliefs, understandings, and norms shared by members of an organization Correct Answer: 1 the set of key values, beliefs, understandings, and norms shared by members of an organization out of 1 points Question 15: Multiple Choice Which communication channel would be most successful to inform managers of impending company-wide layoff? Given Answer: Face to face contact Correct Answer: Face to face contact 1 out of 1 points Question 16: Multiple Choice Good examples of ____ decisions are strategic decisions. Given Answer: nonprogrammed 1/12/2012 Correct Answer: nonprogrammed 1 out of 1 points Question 17: Multiple Choice Most early interpretations of the Hawthorne studies argued that the factor that best explained increased output was Given Answer: human relations. Correct Answer: human relations. 1 out of 1 points Question 18: Multiple Choice Which of these styles would likely be appropriate for a counseling job? Given Answer: Sensation-feeling 1/12/2012 Correct Answer: Sensation-feeling 1 out of 1 points Question 19: Multiple Choice Stephanie works in one of seven research and development departments at Tara's Terrace, Inc. This would suggest that Tara's Terrace has a Given Answer: divisional structure. Correct Answer: divisional structure. 1 out of 1 points Question 20: True/False Recency supports the old truism that first impressions really do count. 1/12/2012 Given Answer: False Correct Answer: False 1 out of 1 points Question 21: True/False Rational persuasion is one interpersonal influence tactic available for leaders. 0 Given Answer: False Correct Answer: True out of 1 points Question 22: True/False The tendency to see one's own personal traits in other people refers to attribution. 1 Given Answer: False Correct Answer: False out of 1 points Question 23: True/False The leadership grid suggests a two-dimensional leadership theory that measures a leader's concern for people and concern for production. 1/12/2012 1 Given Answer: True Correct Answer: True out of 1 points Question 24: Multiple Choice A culture that accepts only one way of doing things and one set of values and beliefs is referred to as a(n) Given Answer: monoculture. Correct Answer: monoculture. 1 out of 1 points Question 25: True/False More organizations are requiring all employees to perform boundaryspanning because of environmental turbulence and uncertainty. 1/12/2012 Given Answer: True Correct Answer: True 1 out of 1 points Question 26: True/False Operations management represents the field of management that specializes in the physical production of goods and services. 0 Given Answer: False Correct Answer: True out of 1 points Question 27: Multiple Choice The ____ is the basis for the strategic level of goals and plans which in turn shapes the ____ and ____ level. Given Answer: mission, tactical, operational Correct Answer: mission, tactical, operational 1 out of 1 points Question 28: True/False 1/12/2012 As a common way group norms develop, primacy means that the first behaviors that occur in a team often set a precedent for later team expectations. 0 Given Answer: False Correct Answer: True out of 1 points Question 29: True/False Manager least enjoy activities such as controlling subordinates and managing time pressures. 1 Given Answer: True Correct Answer: True out of 1 points Question 30: True/False Groupthink describes the tendency to go along with others for the sake of avoiding conflict. 1/12/2012 Given Answer: False Correct Answer: False 1 out of 1 points Question 31: True/False Vertical integration means a firm expands into businesses that either produce the supplies needed to make products or that distribute and sell those products to customers. 1 Given Answer: True Correct Answer: True out of 1 points Question 32: Multiple Choice Frank Gilbreth felt that efficiency equated with ____. Given Answer: one best way to do work Correct Answer: one best way to do work 1 out of 1 points Question 33: Multiple Choice 1/12/2012 Which of the following is a formal team composed of a manager and his or her subordinates? Given Answer: Vertical team Correct Answer: Vertical team 1 out of 1 points Question 34: Multiple Choice Which of the following portfolio categories is made up of poor performers who command only a small share of a slow growth market? Given Answer: Dog Correct Answer: Dog 1 out of 1 points Question 35: True/False 1/12/2012 Team members take the responsibilities of scheduling work and vacations and ordering materials in a self-directed team. 0 Given Answer: False Correct Answer: True out of 1 points Question 36: True/False The relationship-oriented leader performs better in situations of intermediate favorability because human relations skills are important in achieving high group performance. 1 Given Answer: True Correct Answer: True out of 1 points Question 37: Multiple Choice The ____ leader is distinguished by their ability to bring about organizational change. Given Answer: transformational 1/12/2012 Correct Answer: transformational 1 out of 1 points Question 38: Multiple Choice Candice is a member of a team at Juggle, Inc. She meets with coworkers from her department to discuss ways to improve quality and the general work environment. This is an example of a Given Answer: problem-solving team. Correct Answer: problem-solving team. 1 out of 1 points Question 39: Multiple Choice Ian does not have much of a relationship with his subordinates. They feel obligated to do as he says because he's the boss. This is an example of Given Answer: 1/12/2012 legitimate power. Correct Answer: legitimate power. 1 out of 1 points Question 40: True/False A task force or a crossfunctional team is a group of employees from different departments formed to deal with a specific activity and existing only until the task is completed. 1 Given Answer: True Correct Answer: True out of 1 points Question 41: Multiple Choice ____ matches with the preconventional level of personal moral development. Given Answer: Task accomplishment 1/12/2012 Correct Answer: Task accomplishment 1 out of 1 points Question 42: Multiple Choice ____ is an organization structure that divides the major functions of the organization into separate companies. Given Answer: The virtual network approach Correct Answer: The virtual network approach 1 out of 1 points Question 43: True/False The ideal size of work teams often is thought to be eight 1 Given Answer: False Correct Answer: False out of 1 points 1/12/2012 Question 44: Multiple Choice ____ refers to the tendency for the presence of others to enhance one's motivation and performance. Given Answer: Public praise Correct Answer: Social facilitation 0 out of 1 points Question 45: Multiple Choice The early research on leadership traits was referred to as the Given Answer: great man approach. Correct Answer: great man approach. 1 out of 1 points Question 46: True/False 1/12/2012 A high need for power often is associated with successful attainment of top levels in the organizational hierarchy. 0 Given Answer: False Correct Answer: True out of 1 points Question 47: Multiple Choice Downward communication is usually used to communicate information about all of the following EXCEPT Given Answer: suggestions for improvement. Correct Answer: suggestions for improvement. 1 out of 1 points Question 48: True/False A discussion is often resolved by logic or "beating down" opponents, whereas, dialogue asks that participants suspend their attachments to 1/12/2012 a particular viewpoint so that a deeper level of listening, synthesis, and meaning can evolve from the group. 0 Given Answer: False Correct Answer: True out of 1 points Question 49: Multiple Choice Which of the following organizations have a flat structure compared to others? Given Answer: Organization B with three hierarchical levels Correct Answer: Organization B with three hierarchical levels 1 out of 1 points Question 50: True/False Front-line mangers have the final responsibility for strategic planning. Given Answer: 1/12/2012 False Correct Answer: 1 False out of 1 points Question 51: Multiple Choice When a small community hospital decides to add a radiation therapy unit, it is considered as a Given Answer: programmed decision. Correct Answer: nonprogrammed decision. 0 out of 1 points Question 52: True/False Customers are the people and organizations in the environment who acquire goods or services from the organization. 1 Given Answer: True Correct Answer: True out of 1 points 1/12/2012 Question 53: True/False Symbols, stories, heroes, slogans, and ceremonies combine to create an organization's culture. 1 Given Answer: True Correct Answer: True out of 1 points Question 54: Multiple Choice The organization's reason for existence is known as Given Answer: the organization's mission. Correct Answer: the organization's mission. 1 out of 1 points Question 55: True/False The functional structure is sometimes called a product, a program, or 1/12/2012 self-contained unit structure. 1 Given Answer: False Correct Answer: False out of 1 points Question 56: True/False One of the important reasons for the success of UPS is the concept of bureaucracy. 1 Given Answer: True Correct Answer: True out of 1 points Question 57: True/False Becoming a successful manager means thinking in terms of building teams and networks, becoming a motivator and organizer within a highly interdependent system of people and work. 1 Given Answer: True Correct Answer: True out of 1 points 1/12/2012 Question 58: True/False Metacognitive awareness means to step back and see the big picture required for effective planning, monitoring, and evaluating an organization. 0 Given Answer: False Correct Answer: True out of 1 points Question 59: True/False Forms of nonverbal communication include blushing, perspiring, glancing, crying, and laughing. 1 Given Answer: True Correct Answer: True out of 1 points Question 60: Multiple Choice ____ involves exposing traditional managers to nontraditional peers to help break down stereotypical beliefs. 1/12/2012 Given Answer: Exposure Correct Answer: Exposure 1 out of 1 points Question 61: True/False Prohibition of discrimination of qualified individuals by employers on the basis of disability and the requirement "reasonable accommodations" be provided are enforced by the Americans with Disabilities Act of 1990. 1 Given Answer: True Correct Answer: True out of 1 points Question 62: Multiple Choice Which of the following refers to the rate at which one country's currency is exchanged for another country's currency? Given Answer: 1/12/2012 Exchange rate Correct Answer: Exchange rate 1 out of 1 points Question 63: Multiple Choice Marion is a great manager and he has a number of special skills. In particular, Marion has the ability to get his subordinates to do more than would be normally expected. Which of the following terms best describes Marion? Given Answer: Charismatic leader Correct Answer: Charismatic leader 1 out of 1 points Question 64: Multiple Choice When properly managed, ____ can create additional value with existing resources, providing a big boost to the bottom line. 1/12/2012 Given Answer: synergy Correct Answer: synergy 1 out of 1 points Question 65: Multiple Choice All of the following are characteristics of administrative decision making model EXCEPT Given Answer: conditions of certainty. Correct Answer: conditions of certainty. 1 out of 1 points Question 66: Multiple Choice ____ means that managers focus on leveraging and developing more from the firm's existing assets, capabilities, and core competencies in a 1/12/2012 way that will provide a sustained competitive advantage. Given Answer: Dynamic capability Correct Answer: Dynamic capability 1 out of 1 points Question 67: Multiple Choice ____ is the final step in the MBO process. Given Answer: Appraise overall performance Correct Answer: Appraise overall performance 1 out of 1 points Question 68: Multiple Choice The conventional stage of moral development is best described by 1/12/2012 which of the following statements? Given Answer: Everybody else is doing it, so it must be okay. Correct Answer: Everybody else is doing it, so it must be okay. 1 out of 1 points Question 69: Multiple Choice ____ describes whether a person who has observed others handle situations in the same way he would. Given Answer: Consistency Correct Answer: Consensus 0 out of 1 points Question 70: Multiple Choice 1/12/2012 Research has shown that Given Answer: diverse groups are more creative than homogeneous groups. Correct Answer: 1 diverse groups are more creative than homogeneous groups. out of 1 points Question 71: True/False A tendency to regard their own culture as superior and to downgrade other cultures reflects an attitude called geocentric. 1 Given Answer: False Correct Answer: False out of 1 points Question 72: Multiple Choice The legal-political environment, in international operations, includes which of the following? 1/12/2012 Given Answer: Political risks Correct Answer: Political risks 1 out of 1 points Question 73: True/False The communication and education approach for overcoming resistance to change should be used when the change is technical and the users need accurate information and analysis to understand change. 0 Given Answer: False Correct Answer: True out of 1 points Question 74: Multiple Choice The Write Pens, Inc. wants to reduce transferring costs by producing closer to the consumer in a foreign country. This will also help in reducing transportation and storage costs. Which strategy would be the best to use given the circumstances? 1/12/2012 Given Answer: Direct investing Correct Answer: Direct investing 1 out of 1 points Question 75: Multiple Choice Which of the following statements is true? Given Answer: Correct Answer: 1 Self-managed teams are empowered with decisionmaking authority. Self-managed teams are empowered with decisionmaking authority. out of 1 points Question 76: True/False A plan tells "why" to achieve the goal. 1/12/2012 1 Given Answer: False Correct Answer: False out of 1 points Question 77: Multiple Choice All of the following are cultural dimensions as defined by the GLOBE Project, except: Given Answer: masculinity Correct Answer: masculinity 1 out of 1 points Question 78: Multiple Choice Which of the following typically is NOT considered a staff department? Given Answer: Strategic planning 1/12/2012 Correct Answer: Manufacturing 0 out of 1 points Question 79: Multiple Choice The classical model of decision making is based on ____ assumptions. Given Answer: economic Correct Answer: economic 1 out of 1 points Question 80: True/False A transnational strategy seeks to achieve both global integration and national responsiveness. 1 Given Answer: True Correct Answer: True out of 1 points 1/12/2012 Question 81: Multiple Choice According to the Manager's Shoptalk of chapter 2, which of the following is not in the top five contemporary management tools? Given Answer: Collaborative innovation Correct Answer: Collaborative innovation 1 out of 1 points Question 82: Multiple Choice Which of the following is an incorrect fit in a stable organizational environment? Given Answer: A horizontal structure Correct Answer: A horizontal structure 1 out of 1 points 1/12/2012 Question 83: Multiple Choice The ____ is a single European currency that replaced 12 national currencies and unify a huge marketplace. Given Answer: Euro Correct Answer: Euro 1 out of 1 points Question 84: True/False The management science perspective emerged after World War II to treat problems associated with improving manufacturing. 1 Given Answer: False Correct Answer: False out of 1 points Question 85: Multiple Choice 1/12/2012 The human resource department at Paula's Powerwheels is implementing a number of functional level strategies. These strategies include focusing on ways to retain and develop a stable work force and ways to improve efficiency in the organization. These functional-level strategies are consistent with which of the following strategies? Given Answer: Overall cost leadership Correct Answer: Overall cost leadership 1 out of 1 points Question 86: Multiple Choice Mingles, Inc. concentrates its efforts on its target market of 18 to 25 year olds. It is using a(n) ____ strategy. Given Answer: focus Correct Answer: focus 1 out of 1 points Question 87: Multiple Choice 1/12/2012 ____ works best for employees with moderate readiness, according to Hersey and Blanchard. Given Answer: Selling and telling Correct Answer: Selling and participating 0 out of 1 points Question 88: True/False The reality of today's borderless companies also means that consumers can easily identify from which country they are buying. 1 Given Answer: False Correct Answer: False out of 1 points Question 89: Multiple Choice Which of the following means that all the information the decision- 1/12/2012 maker needs is fully available? Given Answer: Certainty Correct Answer: Certainty 1 out of 1 points Question 90: True/False According to MANAGER'S SHOPTALK in Chapter 15, a criticism of carrot-and-stick approaches is that extrinsic rewards assume people are driven by higher-level needs. 1 Given Answer: False Correct Answer: False out of 1 points Question 91: True/False Permissive expectations typically would fit in a traditional vertical structure with fixed rules and a clear hierarchy of authority. 1/12/2012 1 Given Answer: False Correct Answer: False out of 1 points Question 92: Multiple Choice ____ is incentive pay that ties at least part of compensation to employee effort and performance. Given Answer: Pay-for-performance Correct Answer: Pay-for-performance 1 out of 1 points Question 93: True/False People in management positions have formal authority to direct and control immediate subordinates. 1/12/2012 Given Answer: False Correct Answer: True 0 out of 1 points Question 94: True/False Administrative acts and decisions recorded in writing is one of the six characteristics of the ideal bureaucracy. 1 Given Answer: True Correct Answer: True out of 1 points Question 95: True/False Workforce diversity refers to hiring people from different geographic regions of the country but of same nationality. 1 Given Answer: False Correct Answer: False out of 1 points Question 96: True/False The contingency approach links the leader's behavioral style with the task readiness of subordinates. 1/12/2012 1 Given Answer: False Correct Answer: False out of 1 points Question 97: Multiple Choice Keys to effective listening include all of the following EXCEPT Given Answer: have preconceptions. Correct Answer: have preconceptions. 1 out of 1 points Question 98: True/False Tactical plans are designed to help execute the major strategic plans and to accomplish a specific part of the company's strategy. 1 Given Answer: True Correct Answer: True out of 1 points 1/12/2012 Question 99: Multiple Choice ____ includes behavior that is not always written down and may actually not serve an organization's bottom-line. Given Answer: Ethical responsibility Correct Answer: Ethical responsibility 1 out of 1 points Question 100: Multiple Choice Which of the following is not a function of management? Given Answer: Performance Correct Answer: Performance 1 out of 1 points Question 101: True/False 1/12/2012 The administrative model of decision making describes how manager actually make decisions in difficult situations. 1 Given Answer: True Correct Answer: True out of 1 points Question 102: Multiple Choice A formal chain of command for both functional and divisional relationships is provided by the ____ approach to structure. Given Answer: team-based Correct Answer: horizontal matrix 0 out of 1 points Question 103: Multiple Choice The three subfields of the classical perspective include 1/12/2012 Given Answer: Correct Answer: 1/12/2012 administrative management, bureaucratic organization, and scientific management. administrative management, bureaucratic organization, and scientific management. Scoring Rubric: Resume and Cover Letter for Business Communication Competency Area Student Name: _____________________________________________________________Date: _____________________________________ Score Organization and Form Elements of Business Writing Grammar, Usage, Mechanics, and Spelling 1/12/2012 4 The writer uses a clear and organized resume format and the correct and complete form for a business letter. The resume has identified sections, which contain complete and accurate facts. Sections are organized in a sensible way: chronologically, by order of importance, or by skill. The cover letter contains the six essential parts: heading, inside address, salutation, body, closing, and signature. The resume fills a single page. It is written in brief, understandable phrases and contains relevant or standard facts. It does not contain the pronoun I. The letter explains its purpose and identifies what the writer wants: a job, an interview, or consideration. The letter uses formal language and contains no extraneous details. 3 The writer uses an organized resume format and the correct form for a business letter. The resume has identified sections, which contain accurate facts. Sections are organized in a sensible way: chronologically, by order of importance, or by skill. The cover letter contains the six essential parts: heading, inside address, salutation, body, closing, and signature. 2 The writer tries to arrange the resume on the page and approximates the correct form for a business letter. The resume contains accurate facts, but these may not be arranged in a logical way. The cover letter may be missing one or two essential parts. 1 The writer demonstrates a lack of understanding of the correct form for a resume and business letter. The resume is disorganized and hard to understand; section headings may be used inconsistently or may be missing entirely. The letter may lack several essential parts. The resume fills a single page. It is written in phrases and contains mostly facts about educational background and experience. The letter identifies what the writer wants: a job, an interview, or consideration. The letter uses formal language, but the level of language may be inconsistent. The resume may not fill the page. Facts about educational background and experience may be incomplete and difficult to understand. Important details are omitted. In the letter, the writer does not state the purpose for writing. The level of language is inconsistent or inappropriate. There are no errors in mechanics, usage, grammar, or spelling. There are some errors in mechanics, usage, grammar, or spelling, but they do not detract from the meaning. The resume may not fill the page. It is written in words and phrases that contain assorted facts about educational background and experience; these details may be incomplete or hard to understand. The letter may not clearly identify what the writer wants, and some parts may be missing or may be missing elements. There are noticeable errors in mechanics, usage, grammar, or spelling. Some of these may hinder comprehension. The resume and letter are hard to understand because of numerous errors in mechanics, usage, grammar, or spelling. Comments: _______________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ 1/12/2012 Core Questions from the Economics 232 Pre-/Post-Test 1. What is the opportunity cost of buying a new car? a) The value of other goods and services you could have purchased with the money you spent on the car b) The price you paid for the car c) The cost of operating and maintaining the car d) The difference between the price of the car and the price of a used car 2. Joe’s Pizza Company faces a demand for its pizzas which obeys the “law of demand.” This means if Joe lowers the price he charges per pizza a) he will sell more pizzas. b) he will sell fewer pizzas. c) his profit will rise. d) his profit will fall. 3. Which of the following would cause a shortage? a) A price ceiling set below the equilibrium price. b) A price ceiling set above the equilibrium price. c) A price floor set below the equilibrium price. d) A price floor set above the equilibrium price. 4. In order to increase tax revenue, the government should a) raise taxes on goods with elastic demands. b) raise taxes on goods with inelastic demands. c) raise taxes on luxury items purchased mostly by the wealthy. d) place equal taxes on all goods. 5. Marginal utility refers to the a) additional satisfaction from consuming the last unit of a good. b) additional profit generated by the last unit of a good sold. c) benefit derived from all units of a good consumed. d) opportunity cost of a good. 1/12/2012 6. Stephanie's Waterbeds faces the demand shown below for its beds. Each bed costs $300 to produce (no matter how many are made). If Stephanie charges $700 per waterbed, how much total profit will she earn? Price (per bed) Quantity Demanded $1000 1 $900 2 $800 3 $700 4 $600 5 a) $2800. b) $2500. c) $1600. d) $1200. 7. Which of the following is necessary for perfectly competitive markets to exist? a) A high level of advertising. b) Barriers to entry for new firms. c) A few firms have large shares of the market. d) Firms with products that are perfect (identical) substitutes for each other. 8. Which of the following would reduce monopoly power in an industry? a) Reducing the length of copyrights and patents. b) Mergers between existing firms. c) Allowing collusion between existing firms. d) Strengthening licensing requirements in a profession. 9. Price discrimination a) only occurs in competitive markets. b) almost always is illegal in the United States. c) is beneficial to some consumers. d) reduces producers’ profits. 10. A public good is characterized by which of the following? a) People who do not pay for the good can be excluded from using it. b) If one person uses the good, it does not reduce its usefulness to others. c) It is easy to determine who should pay the cost of the good. d) All the above are characteristic of a public good. 1/12/2012 Grading Rubric for the ECO232 Post-Test 1. 1(a) 2. 2(a) 3. 3(a) 4. 4(b) 5. 5(a) 6. 6(c) 7. 7(d) 8. 8(a) 9. 9(c) 10. 10(b) 1/12/2012 PROGRAM NAME: Associate of Applied Science Degree in Business Administration – Accounting Technology, Business Administration, Entrepreneurship, Management, and Real Estate Sales and Management, and including a short certificate in Entrepreneurship 2011-12 PROGRAM EVALUATION PLAN Data available for Fall 2011 Only CALHOUN COMMUNITY COLLEGE Competency Area Business Principles Business Communication 1/12/2012 Student Learning Outcome Methods of Evaluation or Assessment Evaluation or Assessment Standards Assessment Results Explain how results were used to improve student learning, curriculum, or program. Upon completion of the Business Administration Program, students will have an understanding of business principles including planning, organizing, staffing, directing and controlling. BUS 275 Final Exam Completing this course, students take the final exam. At least 75% of the Business Administration students will score 70% or better on the final exam. 88.88% of the Business Administration students scored 70% or better on the final exam This shows a 18.88 point improvement over the desired metric and an 8 point improvement over the previous year. These results were disseminated to all of the BUS275 instructors so they can revise and improve their instructor. Upon completion of the Business Administration Program, students will create a written resume with a cover letter. Student Resumes with Cover Letter At least 75% of Business Administration Students will produce a completed resume and cover letter with a score of 70 or better. The scoring rubric is attached. 90.9% of Business Administration students scored 70% or better on the Resume and Cover Letter. This shows a 15 point improvement over the desired metric, but 2 points lower than last year. These results were disseminated to all of the BUS215 instructors so they can revise and improve their instruction. Accounting Skills Upon completion of the Business Administration Program, students will be able to complete the accounting cycle. Graded Bus 241 Comprehensive Project including a complete business accounting cycle (known as a practice set in accounting). At least 80% of Business Administration Students will complete an accounting project encompassing one complete business accounting cycle. 92.67% of the Business Administration students scored a 70 or better on this comprehensive project Our students exceeded the desired metric of 80% by 12 points. However, this represents a drop of 2.5 points from the previous academic year. This was shared with the faculty who teach BUS241 and the information was used to revise and improve course instruction. Economics Upon completion of the Business Administration Program, students will demonstrate an understanding fundamental economic principles and current economic conditions. The use of 10 standard questions on the ECO 232 post-test which address awareness of core economic principles and current economic events. At least 75% of Business Administration Students will answer 70%, or more, of the selected questions correctly. 62% of the Business Administration students scored a 70 of better on the Economics Microeconomics Post-Test. Results of the posttest, for individual students and sections, were disseminated to all ECO231 faculty at the end of each semester. This information was used to revise and improve course instruction. 1/12/2012 BuS275 Results ofr Fall of 2011 Percentage Frequency 88.88 32 11.12 4 Scored >=70% Scored <70% Percentage Scored <70% Scored >=70% 0 1/12/2012 20 40 60 80 100 BIS215 Results for Fall of 2011 Percentage Frequency 90.9 70 9.1 7 Scored >= 70% Scored < 70% Percentage Scored < 70% Scored >= 70% 0 1/12/2012 20 40 60 80 100 BUS241 Results for 2011-2012 Academic hear (Fall 2011 only) Percentage Frequency 92.67 177 7.33 14 68 Scored >=70 Scored < 70 Did not complete project Percentage Scored < 70 Scored >=70 0 1/12/2012 20 40 60 80 100 ECO232 Post-Test Results for Fall of 2011 Scored >=70% Scored < 70% Percentage Frequency 62 57 38 35 Percentage Scored < 70% Scored >=70% 0 1/12/2012 10 20 30 40 50 60 70 BUS275 Final Exam and Scoring Rubric Grade Test: Final Exam: Chapters 1 - 19 Assign a grade and feedback for the current test attempt. When available, click Save and Next or use the arrow buttons to navigate through or grade the attempts in the queue one at a time. If no grade is assigned to the attempt, clicking Save and Next will not change the status of the attempt. If multiple attempts for a test have been allowed, a Student's grade is not released until all of the attempts have beeen graded. Click Hide User Names to grade attempts anonymously. Click Show User Names to display user information. More Help Test Information Status Completed Score 100 out of 115 points Time Elapsed 1 hour, 40 minutes out of 2 hours. Started Date 12/13/11 12:07 PM Submitted Date 12/13/11 1:48 PM Instructions Clear Attempt Clear Attempt Click Clear Attempt to clear this user’s attempt. Question 1: Multiple Choice For the video that was viewed in class, the lecturer's name is Given Answer: Dr. Randy Pausch 1/12/2012 Correct Answer: Dr. Randy Pausch 5 out of 5 points Question 2: Multiple Choice The name of the video that we watched in class is Given Answer: The Last Lecture Correct Answer: The Last Lecture 5 out of 5 points Question 3: Multiple Choice Which of the following is (are) a motivator(s) for this video that we viewed in class? Given Answer: All of the above Correct Answer: 1/12/2012 All of the above 5 out of 5 points Question 4: True/False Nonprogrammed decisions require six steps, however, programmed decisions being structured and well understood requires only one step. 1 Given Answer: False Correct Answer: False out of 1 points Question 5: True/False Efficiency can be calculated as the amount of resources used to produce a product or service. 1 Given Answer: True Correct Answer: True out of 1 points Question 6: True/False Other organizations in the same industry or type of business that provide goods or services to the same set of customers are referred to 1/12/2012 as suppliers. 1 Given Answer: False Correct Answer: False out of 1 points Question 7: Multiple Choice According to the text, all of the following are ways managers can improve their writing skills EXCEPT: Given Answer: Write lengthy explanations Correct Answer: Write lengthy explanations 1 out of 1 points Question 8: True/False The virtual teams have resulted from globalization and advances in technology. 1/12/2012 Given Answer: True Correct Answer: True 1 out of 1 points Question 9: True/False Level 5 leaders are ambitious for themselves and their organizations. 1 Given Answer: False Correct Answer: False out of 1 points Question 10: Multiple Choice Darren set goals for each of his employees. Each employee ended up with at least twenty-five goals. This process violates which of the following criteria for effective goals? Given Answer: Covers key result areas Correct Answer: Covers key result areas 1 out of 1 points Question 11: Multiple Choice 1/12/2012 Sexual harassment is unethical because it violates an important part of which approach to ethical behavior? Given Answer: The moral-rights approach Correct Answer: The moral-rights approach 1 out of 1 points Question 12: Multiple Choice Herman is a team leader at CyberChasers. He usually tries to resolve conflict by referring the problem to a third party, such as his boss. This style of conflict resolution is known as Given Answer: mediation. Correct Answer: mediation. 1 out of 1 points Question 13: True/False Assessment centers are normally located in a firm's accounting department and have the responsibility of assessing other departments 1/12/2012 for the costs involved with human resource management. 1 Given Answer: False Correct Answer: False out of 1 points Question 14: Multiple Choice Culture can be defined as Given Answer: the set of key values, beliefs, understandings, and norms shared by members of an organization Correct Answer: the set of key values, beliefs, understandings, and norms shared by members of an organization 1 out of 1 points Question 15: Multiple Choice Which communication channel would be most successful to inform managers of impending company-wide layoff? Given Answer: Face to face contact 1/12/2012 Correct Answer: Face to face contact 1 out of 1 points Question 16: Multiple Choice Good examples of ____ decisions are strategic decisions. Given Answer: nonprogrammed Correct Answer: nonprogrammed 1 out of 1 points Question 17: Multiple Choice Most early interpretations of the Hawthorne studies argued that the factor that best explained increased output was Given Answer: human relations. Correct Answer: 1/12/2012 human relations. 1 out of 1 points Question 18: Multiple Choice Which of these styles would likely be appropriate for a counseling job? Given Answer: Sensation-feeling Correct Answer: Sensation-feeling 1 out of 1 points Question 19: Multiple Choice Stephanie works in one of seven research and development departments at Tara's Terrace, Inc. This would suggest that Tara's Terrace has a Given Answer: divisional structure. Correct Answer: 1/12/2012 divisional structure. 1 out of 1 points Question 20: True/False Recency supports the old truism that first impressions really do count. 1 Given Answer: False Correct Answer: False out of 1 points Question 21: True/False Rational persuasion is one interpersonal influence tactic available for leaders. 0 Given Answer: False Correct Answer: True out of 1 points Question 22: True/False The tendency to see one's own personal traits in other people refers to attribution. 1/12/2012 1 Given Answer: False Correct Answer: False out of 1 points Question 23: True/False The leadership grid suggests a two-dimensional leadership theory that measures a leader's concern for people and concern for production. 1 Given Answer: True Correct Answer: True out of 1 points Question 24: Multiple Choice A culture that accepts only one way of doing things and one set of values and beliefs is referred to as a(n) Given Answer: monoculture. Correct Answer: monoculture. 1 out of 1 points 1/12/2012 Question 25: True/False More organizations are requiring all employees to perform boundary-spanning because of environmental turbulence and uncertainty. 1 Given Answer: True Correct Answer: True out of 1 points Question 26: True/False Operations management represents the field of management that specializes in the physical production of goods and services. 0 Given Answer: False Correct Answer: True out of 1 points Question 27: Multiple Choice The ____ is the basis for the strategic level of goals and plans which in turn shapes the ____ and ____ level. Given Answer: mission, tactical, operational 1/12/2012 Correct Answer: mission, tactical, operational 1 out of 1 points Question 28: True/False As a common way group norms develop, primacy means that the first behaviors that occur in a team often set a precedent for later team expectations. 0 Given Answer: False Correct Answer: True out of 1 points Question 29: True/False Manager least enjoy activities such as controlling subordinates and managing time pressures. 1 Given Answer: True Correct Answer: True out of 1 points Question 30: True/False 1/12/2012 Groupthink describes the tendency to go along with others for the sake of avoiding conflict. 1 Given Answer: False Correct Answer: False out of 1 points Question 31: True/False Vertical integration means a firm expands into businesses that either produce the supplies needed to make products or that distribute and sell those products to customers. 1 Given Answer: True Correct Answer: True out of 1 points Question 32: Multiple Choice Frank Gilbreth felt that efficiency equated with ____. Given Answer: one best way to do work Correct Answer: 1/12/2012 one best way to do work 1 out of 1 points Question 33: Multiple Choice Which of the following is a formal team composed of a manager and his or her subordinates? Given Answer: Vertical team Correct Answer: Vertical team 1 out of 1 points Question 34: Multiple Choice Which of the following portfolio categories is made up of poor performers who command only a small share of a slow growth market? Given Answer: Dog Correct Answer: Dog 1/12/2012 1 out of 1 points Question 35: True/False Team members take the responsibilities of scheduling work and vacations and ordering materials in a self-directed team. 0 Given Answer: False Correct Answer: True out of 1 points Question 36: True/False The relationship-oriented leader performs better in situations of intermediate favorability because human relations skills are important in achieving high group performance. 1 Given Answer: True Correct Answer: True out of 1 points Question 37: Multiple Choice The ____ leader is distinguished by their ability to bring about organizational change. 1/12/2012 Given Answer: transformational Correct Answer: transformational 1 out of 1 points Question 38: Multiple Choice Candice is a member of a team at Juggle, Inc. She meets with co-workers from her department to discuss ways to improve quality and the general work environment. This is an example of a Given Answer: problem-solving team. Correct Answer: problem-solving team. 1 out of 1 points Question 39: Multiple Choice Ian does not have much of a relationship with his subordinates. They feel obligated to do as he says because he's the boss. This is an example of 1/12/2012 Given Answer: legitimate power. Correct Answer: legitimate power. 1 out of 1 points Question 40: True/False A task force or a crossfunctional team is a group of employees from different departments formed to deal with a specific activity and existing only until the task is completed. 1 Given Answer: True Correct Answer: True out of 1 points Question 41: Multiple Choice ____ matches with the preconventional level of personal moral development. Given Answer: Task accomplishment 1/12/2012 Correct Answer: Task accomplishment 1 out of 1 points Question 42: Multiple Choice ____ is an organization structure that divides the major functions of the organization into separate companies. Given Answer: The virtual network approach Correct Answer: The virtual network approach 1 out of 1 points Question 43: True/False The ideal size of work teams often is thought to be eight 1 Given Answer: False Correct Answer: False out of 1 points 1/12/2012 Question 44: Multiple Choice ____ refers to the tendency for the presence of others to enhance one's motivation and performance. Given Answer: Public praise Correct Answer: Social facilitation 0 out of 1 points Question 45: Multiple Choice The early research on leadership traits was referred to as the Given Answer: great man approach. Correct Answer: great man approach. 1 out of 1 points Question 46: True/False 1/12/2012 A high need for power often is associated with successful attainment of top levels in the organizational hierarchy. 0 Given Answer: False Correct Answer: True out of 1 points Question 47: Multiple Choice Downward communication is usually used to communicate information about all of the following EXCEPT Given Answer: suggestions for improvement. Correct Answer: suggestions for improvement. 1 out of 1 points Question 48: True/False A discussion is often resolved by logic or "beating down" opponents, whereas, dialogue asks that participants suspend their attachments to a particular viewpoint so that a deeper level of listening, synthesis, and meaning can evolve from the group. Given Answer: 1/12/2012 False Correct Answer: 0 True out of 1 points Question 49: Multiple Choice Which of the following organizations have a flat structure compared to others? Given Answer: Organization B with three hierarchical levels Correct Answer: Organization B with three hierarchical levels 1 out of 1 points Question 50: True/False Front-line mangers have the final responsibility for strategic planning. 1 Given Answer: False Correct Answer: False out of 1 points Question 51: Multiple Choice 1/12/2012 When a small community hospital decides to add a radiation therapy unit, it is considered as a Given Answer: programmed decision. Correct Answer: nonprogrammed decision. 0 out of 1 points Question 52: True/False Customers are the people and organizations in the environment who acquire goods or services from the organization. 1 Given Answer: True Correct Answer: True out of 1 points Question 53: True/False Symbols, stories, heroes, slogans, and ceremonies combine to create an organization's culture. Given Answer: 1/12/2012 True Correct Answer: 1 True out of 1 points Question 54: Multiple Choice The organization's reason for existence is known as Given Answer: the organization's mission. Correct Answer: the organization's mission. 1 out of 1 points Question 55: True/False The functional structure is sometimes called a product, a program, or self-contained unit structure. 1 Given Answer: False Correct Answer: False out of 1 points Question 56: True/False 1/12/2012 One of the important reasons for the success of UPS is the concept of bureaucracy. 1 Given Answer: True Correct Answer: True out of 1 points Question 57: True/False Becoming a successful manager means thinking in terms of building teams and networks, becoming a motivator and organizer within a highly interdependent system of people and work. 1 Given Answer: True Correct Answer: True out of 1 points Question 58: True/False Metacognitive awareness means to step back and see the big picture required for effective planning, monitoring, and evaluating an organization. 1/12/2012 Given Answer: False Correct Answer: True 0 out of 1 points Question 59: True/False Forms of nonverbal communication include blushing, perspiring, glancing, crying, and laughing. 1 Given Answer: True Correct Answer: True out of 1 points Question 60: Multiple Choice ____ involves exposing traditional managers to nontraditional peers to help break down stereotypical beliefs. Given Answer: Exposure Correct Answer: Exposure 1 out of 1 points Question 61: True/False 1/12/2012 Prohibition of discrimination of qualified individuals by employers on the basis of disability and the requirement "reasonable accommodations" be provided are enforced by the Americans with Disabilities Act of 1990. 1 Given Answer: True Correct Answer: True out of 1 points Question 62: Multiple Choice Which of the following refers to the rate at which one country's currency is exchanged for another country's currency? Given Answer: Exchange rate Correct Answer: Exchange rate 1 out of 1 points Question 63: Multiple Choice Marion is a great manager and he has a number of special skills. In particular, Marion has the ability to get his subordinates to do more than would be normally expected. Which of the following terms best describes Marion? Given Answer: 1/12/2012 Charismatic leader Correct Answer: Charismatic leader 1 out of 1 points Question 64: Multiple Choice When properly managed, ____ can create additional value with existing resources, providing a big boost to the bottom line. Given Answer: synergy Correct Answer: synergy 1 out of 1 points Question 65: Multiple Choice All of the following are characteristics of administrative decision making model EXCEPT Given Answer: conditions of certainty. 1/12/2012 Correct Answer: conditions of certainty. 1 out of 1 points Question 66: Multiple Choice ____ means that managers focus on leveraging and developing more from the firm's existing assets, capabilities, and core competencies in a way that will provide a sustained competitive advantage. Given Answer: Dynamic capability Correct Answer: Dynamic capability 1 out of 1 points Question 67: Multiple Choice ____ is the final step in the MBO process. Given Answer: Appraise overall performance 1/12/2012 Correct Answer: Appraise overall performance 1 out of 1 points Question 68: Multiple Choice The conventional stage of moral development is best described by which of the following statements? Given Answer: Everybody else is doing it, so it must be okay. Correct Answer: Everybody else is doing it, so it must be okay. 1 out of 1 points Question 69: Multiple Choice ____ describes whether a person who has observed others handle situations in the same way he would. Given Answer: Consistency Correct Answer: 1/12/2012 Consensus 0 out of 1 points Question 70: Multiple Choice Research has shown that Given Answer: diverse groups are more creative than homogeneous groups. Correct Answer: diverse groups are more creative than homogeneous groups. 1 out of 1 points Question 71: True/False A tendency to regard their own culture as superior and to downgrade other cultures reflects an attitude called geocentric. 1 Given Answer: False Correct Answer: False out of 1 points Question 72: Multiple Choice 1/12/2012 The legal-political environment, in international operations, includes which of the following? Given Answer: Political risks Correct Answer: Political risks 1 out of 1 points Question 73: True/False The communication and education approach for overcoming resistance to change should be used when the change is technical and the users need accurate information and analysis to understand change. 0 Given Answer: False Correct Answer: True out of 1 points Question 74: Multiple Choice The Write Pens, Inc. wants to reduce transferring costs by producing closer to the consumer in a foreign country. This will also help in reducing transportation and storage costs. Which strategy would be the best to use given the circumstances? 1/12/2012 Given Answer: Direct investing Correct Answer: Direct investing 1 out of 1 points Question 75: Multiple Choice Which of the following statements is true? Given Answer: Self-managed teams are empowered with decision-making authority. Correct Answer: Self-managed teams are empowered with decision-making authority. 1 out of 1 points Question 76: True/False A plan tells "why" to achieve the goal. Given Answer: 1/12/2012 False Correct Answer: 1 False out of 1 points Question 77: Multiple Choice All of the following are cultural dimensions as defined by the GLOBE Project, except: Given Answer: masculinity Correct Answer: masculinity 1 out of 1 points Question 78: Multiple Choice Which of the following typically is NOT considered a staff department? Given Answer: Strategic planning Correct Answer: Manufacturing 1/12/2012 0 out of 1 points Question 79: Multiple Choice The classical model of decision making is based on ____ assumptions. Given Answer: economic Correct Answer: economic 1 out of 1 points Question 80: True/False A transnational strategy seeks to achieve both global integration and national responsiveness. 1 Given Answer: True Correct Answer: True out of 1 points Question 81: Multiple Choice 1/12/2012 According to the Manager's Shoptalk of chapter 2, which of the following is not in the top five contemporary management tools? Given Answer: Collaborative innovation Correct Answer: Collaborative innovation 1 out of 1 points Question 82: Multiple Choice Which of the following is an incorrect fit in a stable organizational environment? Given Answer: A horizontal structure Correct Answer: A horizontal structure 1 out of 1 points Question 83: Multiple Choice The ____ is a single European currency that replaced 12 national currencies and unify a huge marketplace. 1/12/2012 Given Answer: Euro Correct Answer: Euro 1 out of 1 points Question 84: True/False The management science perspective emerged after World War II to treat problems associated with improving manufacturing. 1 Given Answer: False Correct Answer: False out of 1 points Question 85: Multiple Choice The human resource department at Paula's Powerwheels is implementing a number of functional level strategies. These strategies include focusing on ways to retain and develop a stable work force and ways to improve efficiency in the organization. These functionallevel strategies are consistent with which of the following strategies? Given Answer: Overall cost leadership 1/12/2012 Correct Answer: Overall cost leadership 1 out of 1 points Question 86: Multiple Choice Mingles, Inc. concentrates its efforts on its target market of 18 to 25 year olds. It is using a(n) ____ strategy. Given Answer: focus Correct Answer: focus 1 out of 1 points Question 87: Multiple Choice ____ works best for employees with moderate readiness, according to Hersey and Blanchard. Given Answer: Selling and telling Correct Answer: 1/12/2012 Selling and participating 0 out of 1 points Question 88: True/False The reality of today's borderless companies also means that consumers can easily identify from which country they are buying. 1 Given Answer: False Correct Answer: False out of 1 points Question 89: Multiple Choice Which of the following means that all the information the decision-maker needs is fully available? Given Answer: Certainty Correct Answer: Certainty 1 out of 1 points Question 90: True/False 1/12/2012 According to MANAGER'S SHOPTALK in Chapter 15, a criticism of carrot-and-stick approaches is that extrinsic rewards assume people are driven by higher-level needs. 1 Given Answer: False Correct Answer: False out of 1 points Question 91: True/False Permissive expectations typically would fit in a traditional vertical structure with fixed rules and a clear hierarchy of authority. 1 Given Answer: False Correct Answer: False out of 1 points Question 92: Multiple Choice ____ is incentive pay that ties at least part of compensation to employee effort and performance. Given Answer: Pay-for-performance 1/12/2012 Correct Answer: Pay-for-performance 1 out of 1 points Question 93: True/False People in management positions have formal authority to direct and control immediate subordinates. 0 Given Answer: False Correct Answer: True out of 1 points Question 94: True/False Administrative acts and decisions recorded in writing is one of the six characteristics of the ideal bureaucracy. 1 Given Answer: True Correct Answer: True out of 1 points Question 95: True/False 1/12/2012 Workforce diversity refers to hiring people from different geographic regions of the country but of same nationality. 1 Given Answer: False Correct Answer: False out of 1 points Question 96: True/False The contingency approach links the leader's behavioral style with the task readiness of subordinates. 1 Given Answer: False Correct Answer: False out of 1 points Question 97: Multiple Choice Keys to effective listening include all of the following EXCEPT Given Answer: have preconceptions. Correct Answer: have preconceptions. 1/12/2012 1 out of 1 points Question 98: True/False Tactical plans are designed to help execute the major strategic plans and to accomplish a specific part of the company's strategy. 1 Given Answer: True Correct Answer: True out of 1 points Question 99: Multiple Choice ____ includes behavior that is not always written down and may actually not serve an organization's bottom-line. Given Answer: Ethical responsibility Correct Answer: Ethical responsibility 1 out of 1 points Question 100: Multiple Choice 1/12/2012 Which of the following is not a function of management? Given Answer: Performance Correct Answer: Performance 1 out of 1 points Question 101: True/False The administrative model of decision making describes how manager actually make decisions in difficult situations. 1 Given Answer: True Correct Answer: True out of 1 points Question 102: Multiple Choice A formal chain of command for both functional and divisional relationships is provided by the ____ approach to structure. Given Answer: team-based 1/12/2012 Correct Answer: horizontal matrix 0 out of 1 points Question 103: Multiple Choice The three subfields of the classical perspective include Given Answer: administrative management, bureaucratic organization, and scientific management. Correct Answer: administrative management, bureaucratic organization, and scientific management. 1/12/2012 Scoring Rubric: Resume and Cover Letter for Business Communication Competency Area Student Name: _____________________________________________________________Date: _____________________________________ Score Organization and Form Elements of Business Writing Grammar, Usage, Mechanics, and Spelling 1/12/2012 4 The writer uses a clear and organized resume format and the correct and complete form for a business letter. The resume has identified sections, which contain complete and accurate facts. Sections are organized in a sensible way: chronologically, by order of importance, or by skill. The cover letter contains the six essential parts: heading, inside address, salutation, body, closing, and signature. The resume fills a single page. It is written in brief, understandable phrases and contains relevant or standard facts. It does not contain the pronoun I. The letter explains its purpose and identifies what the writer wants: a job, an interview, or consideration. The letter uses formal language and contains no extraneous details. 3 The writer uses an organized resume format and the correct form for a business letter. The resume has identified sections, which contain accurate facts. Sections are organized in a sensible way: chronologically, by order of importance, or by skill. The cover letter contains the six essential parts: heading, inside address, salutation, body, closing, and signature. 2 The writer tries to arrange the resume on the page and approximates the correct form for a business letter. The resume contains accurate facts, but these may not be arranged in a logical way. The cover letter may be missing one or two essential parts. 1 The writer demonstrates a lack of understanding of the correct form for a resume and business letter. The resume is disorganized and hard to understand; section headings may be used inconsistently or may be missing entirely. The letter may lack several essential parts. The resume fills a single page. It is written in phrases and contains mostly facts about educational background and experience. The letter identifies what the writer wants: a job, an interview, or consideration. The letter uses formal language, but the level of language may be inconsistent. The resume may not fill the page. Facts about educational background and experience may be incomplete and difficult to understand. Important details are omitted. In the letter, the writer does not state the purpose for writing. The level of language is inconsistent or inappropriate. There are no errors in mechanics, usage, grammar, or spelling. There are some errors in mechanics, usage, grammar, or spelling, but they do not detract from the meaning. The resume may not fill the page. It is written in words and phrases that contain assorted facts about educational background and experience; these details may be incomplete or hard to understand. The letter may not clearly identify what the writer wants, and some parts may be missing or may be missing elements. There are noticeable errors in mechanics, usage, grammar, or spelling. Some of these may hinder comprehension. The resume and letter are hard to understand because of numerous errors in mechanics, usage, grammar, or spelling. Comments: _______________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________ 1/12/2012 Core Questions from the Economics 232 Pre-/Post-Test 1. What is the opportunity cost of buying a new car? a) The value of other goods and services you could have purchased with the money you spent on the car b) The price you paid for the car c) The cost of operating and maintaining the car d) The difference between the price of the car and the price of a used car 2. Joe’s Pizza Company faces a demand for its pizzas which obeys the “law of demand.” This means if Joe lowers the price he charges per pizza a) he will sell more pizzas. b) he will sell fewer pizzas. c) his profit will rise. d) his profit will fall. 3. Which of the following would cause a shortage? a) A price ceiling set below the equilibrium price. b) A price ceiling set above the equilibrium price. c) A price floor set below the equilibrium price. d) A price floor set above the equilibrium price. 4. In order to increase tax revenue, the government should a) raise taxes on goods with elastic demands. b) raise taxes on goods with inelastic demands. c) raise taxes on luxury items purchased mostly by the wealthy. d) place equal taxes on all goods. 5. Marginal utility refers to the a) additional satisfaction from consuming the last unit of a good. b) additional profit generated by the last unit of a good sold. c) benefit derived from all units of a good consumed. d) opportunity cost of a good. 1/12/2012 6. Stephanie's Waterbeds faces the demand shown below for its beds. Each bed costs $300 to produce (no matter how many are made). If Stephanie charges $700 per waterbed, how much total profit will she earn? Price (per bed) Quantity Demanded $1000 1 $900 2 $800 3 $700 4 $600 5 a) $2800. b) $2500. c) $1600. d) $1200. 7. Which of the following is necessary for perfectly competitive markets to exist? a) A high level of advertising. b) Barriers to entry for new firms. c) A few firms have large shares of the market. d) Firms with products that are perfect (identical) substitutes for each other. 8. Which of the following would reduce monopoly power in an industry? a) Reducing the length of copyrights and patents. b) Mergers between existing firms. c) Allowing collusion between existing firms. d) Strengthening licensing requirements in a profession. 9. Price discrimination a) only occurs in competitive markets. b) almost always is illegal in the United States. c) is beneficial to some consumers. d) reduces producers’ profits. 10. A public good is characterized by which of the following? a) People who do not pay for the good can be excluded from using it. b) If one person uses the good, it does not reduce its usefulness to others. c) It is easy to determine who should pay the cost of the good. d) All the above are characteristic of a public good. 1/12/2012 Grading Rubric for the ECO232 Post-Test 1(a) 2(a) 3(a) 4(b) 5(a) 6(c) 7(d) 8(a) 9(c) 10(b) 1/12/2012