Question

1 —Students will be able to identify an international entry strategy. An international entry strategy in which the organization maintains its production facilities within its home country and transfers its products for sale in foreign markets is referred to as:

a. franchising

b. Licensing

c. exporting

d. greenfield venture

e joint venture

2 - Students will be able to ident a type of organizational structure based on stated characteristics. A computer company that organizes its structure into a computer division, a software division, and a consulting services division is using which approach to departmentalization? (Chapter 8)

a. the divisional approach

b. the functional approach

c. the network approach

d. the geographical approach

e. the matrix approach

3-Which of the following is a characteristic of the matrix approach? (Chapter8)

a. high centralization

b. a single boss

c. dual lines of authority

d. a predominantly functional structure

e. a lack of flexibility

4- Students will be able to identify the stages of rational decision making. Which of the following is not identified by the text as a stage of decision making? (Chapter 3)

a. generating alternative solutions

b. identifying and diagnosing the problem

c. maximizing bounded rationality

d. evaluating alternatives

e. implementing the decision

5- Students will be able to identify the components of the expectancy model of motivation. In the expectancy model, the question “If I perform the intended behavior, what will be the outcomes” is called ( Chapter 13)

a. valence

b. expectancy

c. instrumentality

d. role perceptions

e. hygiene factors

Answer 1

(1)

In this question, it is mentioned that the organization is producing goods in the home country and selling in the foreign market. This is the international entry strategy of exporting.

Correct answer: (c) – exporting

(2)

The computer company has departments based on services the company provides. For instance, the software division will handle the work related to software development, software testing, and software maintenance. This type of departmentalization is called a divisional approach. In the functional approach, the departments are based on specialized skills, such as HR, Marketing, Finance, etc.

Correct answer: (a) – divisional structure

(3)

Matrix organization refers to the structure where a person reports to the functional manager as well as project manager. So an employee has two bosses, with dual lines of authority.

Correct answer: (c) – dual lines of authority

(4)

Rational decision making refers to decision making by analyzing the situation, identifying different alternatives, and choosing the best alternative. Bounded rationality refers to the state where the decision-maker uses limited information to make the decision.

Correct answer: (c) – maximizing bounded rationality

(5)

In expectancy theory, three variables are there. Expectancy, instrumentality, and valence. Expectancy is the variable in which the question is hard work will lead to better performance. Instrumentality refers to the belief that better performance will lead to positive outcomes. Valence is the perceived value of the outcome, which ranges from -1 to +1.

Correct answer: (c) – Instrumentality