Industrial Organization MCQs

Industrial Organization MCQs

Our experts have gathered these Industrial Organization MCQs through research, and we hope that you will be able to see how much knowledge base you have for the subject of Industrial Organization by answering these 30 multiple-choice questions.
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1: A ________ firm uses both online and traditional stand-alone locations.

A.   First mover

B.   Clicks-and-bricks

C.   Focuser

D.   Brick-and-mortar

2: An organization's financial, physical, human, and intangible assets are known as its ________.

A.   Resources

B.   Capabilities

C.   Opportunities

D.   Strength

3: The difference between firing and layoffs is that ________.

A.   Layoffs are not permanent.

B.   Firing is not permanent.

C.   Layoffs are voluntary

D.   None of these

4: The tasks, duties, and responsibilities that make up a job are known as the _____.

A.   Labor relations

B.   Selection tools

C.   A job analysis

D.   Job description

5: The terms __________ and a mission statement are often used interchangeably.

A.   Diversification

B.   Departments

C.   Cash cows

D.   Vision

6: A mechanistic organization will _____________.

A.   Have rules, regulations, and formal standards in place

B.   Have decentralized decision making

C.   Have broad and evolving job responsibilities

D.   Have high degree of employee interdependence

7: One advantage of the delayering approach at north-west would be ____________.

A.   Better clarity around job tasks

B.   Better budgetary control over labor costs

C.   Increased opportunity for promotion

D.   More discretion to reward top performers

8: An internal analysis, the third step of the strategic management process helps identify ________.

A.   Opportunities and threats

B.   Resources and capabilities

C.   Opportunities and possibilities

D.   Values and philosophy

9: In staffing, o*net is used for ________.

A.   Background job analysis information

B.   Legal research

C.   Job rewards analyses

D.   Identifying a firm's best business strategy

10: The ______ is the number of subordinates who report directly to an executive or supervisor.

A.   Degree of standardization

B.   Span of control

C.   Degree of specialization

D.   Division of labor

E.   Locus of control

11: A realistic job preview (rjp) includes ________ a job.

A.   Only factual information about

B.   Only positive aspects of

C.   Only negative aspects of

D.   Both positive and negative aspects of

12: A virtual organization is also known as a(n) ________ organization.

A.   Boundaryless

B.   Electronic

C.   Modular

D.   Pyramidal

E.   Triangular

13: The rise of industrialization was accompanied by _____.

A.   A loss of fertile land

B.   Labor-intensive farming

C.   The invention of new raw materials

D.   An increased use of fossil fuels

14: _____ is incentive pay that ties at least part of compensation to employee effort and performance.

A.   Universal compensation plan

B.   Pay-for-performance

C.   Cafeteria-plan

D.   Group performance pay

15: A(n) _____ organization depends heavily on an informal structure of employee networks.

A.   Hierarchical

B.   Authoritative

C.   Mechanistic

D.   Bureaucratic

E.   Organic

16: An organization's resources identify ________.

A.   How the organization gets things done

B.   Where the organization operates

C.   When the organization operates

D.   What the organization has

17: Cross-functional self-managed teams work best when ______________.

A.   Leadership is shared

B.   There are at least two line and staff mangers on the team

C.   The teams consist of members of only two functional units

D.   The academic levels of all members are comparable

18: Forecasting can use statistical methods or ______.

A.   Human judgement

B.   Functional

C.   Stability

D.   Corporate

19: Growth strategies include ________.

A.   Diversification, concentration, integration, stabilization

B.   Vertical integration, horizontal integration, concentration, diversification

C.   Vertical integration, horizontal integration, lateral integration, horizontal concentration

D.   Integration, allocation, horizontal diversification, vertical diversification

20: Lower-level managers are responsible for ________ strategies.

A.   Functional

B.   Stability

C.   Corporate

D.   Growth

21: Managers perform an external analysis so that they know about ________.

A.   Their organization's core competencies

B.   What vendors want

C.   The firm's basic beliefs and ethical priorities

D.   What the competition is doing

22: Regarding the findings from a swot analysis, organizational strengths are ____.

A.   Skills and capabilities that give a company advantages in executing its strategies

B.   Environmental factors that the organization may exploit for a competitive advantage

C.   Both

D.   None of these

23: Regarding the results of a swot analysis, organizational opportunities are ____.

A.   Environmental factors that the organization may exploit for a competitive advantage

B.   Skills and capabilities that give a company advantages in executing its strategies

C.   Both

D.   None of these

24: The combined external and internal analyses are called ________.

A.   Competitor analysis.

B.   Industry analysis.

C.   Market analysis.

D.   SWOT analysis.

25: The major value-creating capabilities of the organization are known as its ________.

A.   Strengths

B.   Opportunities

C.   Core competencies

D.   Resources

26: The three different types of strategies that managers implement are ________.

A.   Corporate, private, functional

B.   Corporate, competitive, functional

C.   Long-term, short-term, public

D.   Competitive, noncompetitive, corporate

27: When an organization is analyzing its labor supply, it is studying its ________.

A.   Organizational culture

B.   Internal environment

C.   External environment

28: The right to sell a good or service within an exclusive market is a _____.

A.   Franchise

B.   Organizational culture

C.   Internal environment

D.   External environment

29: Organizational orientation informs a new employee about ________.

A.   His or her responsibilities for the job

B.   The history and philosophy of the organization

C.   What expectations he or she has about the job are unrealistic

D.   How their manager will evaluate the employee on the job

30: Bmw produces cars exclusively for high-income customers. bmw is pursuing a ______________ strategy.

A.   Strategy is well understood.

B.   Forward vertical integration.

C.   Focused differentiation strategy

D.   Greater barriers to entry.

31: Defining the organizational mission forces managers to identify ________.

A.   What the labor supply is like in the locations where the organization operates

B.   What the organization is in business to do

C.   What the competitor is doing

D.   What pending legislation will affect the organization

32: Downsizing seems to harm ________.

A.   Victims who are dismissed only

B.   Both victims who are dismissed and survivors who stayed on

C.   Survivors who stayed on only

D.   Managers who carried out the dismissals and their families only

33: The _____ pool consists of all persons who are actually evaluated for selection.

A.   Applicant

B.   Selection

C.   Labor

D.   Talent