301. In what order do managers typically perform the managerial functions?
Correct answer: (C)
planning, organising, leading, controlling
302. Individualism as a guiding moral philosophy was advocated by which economist?
Correct answer: (C)
Milton Friedman
303. Of what is advertising a form?
Correct answer: (B)
Differentiation
304. Of what is an investment decision an example?
Correct answer: (D)
Non-programmed decision
305. Of what is individual freedom to schedule work an example?
Correct answer: (B)
Job enrichment
306. Of what is worker autonomy in decision making an example?
Correct answer: (C)
Worker empowerment
307. Power distance in national cultures is a characteristic of a model by which writer?
Correct answer: (A)
Geert Hofstede
308. Profitability stemming from how well a firm positions itself in the market is a key feature of which writer's view on strategy?
Correct answer: (C)
Michael Porter
309. Simon (1960) is associated with what type of decision making model?
Correct answer: (D)
Administrative
310. Specialisation is a feature of which organisational structure?
Correct answer: (D)
Functional