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Business & Finance homework help

Business & Finance homework help. MCQ
1.Which of the following is an effective use of concessions during a negotiation?
 
Start with larger concessions and make them smaller gradually
 
Never concede to any request for a concession to show that you are firm
 
Unreciprocated concessions should be rewarded with bigger concession to tempt the other party
 
Keep the size of your concessions consistent
 
2.Groups often spend most of their time discussing information that all members already have, whereas unique information is rarely shared. This problem is known as:
Group of answer choices
 
Common Knowledge Problem
 
Segmentation
 
Information Silos
 
Pluralistic Ignorance
 
3.Which of the following is Not True about heuristics?
Group of answer choices
 
None (all the statements are True)
 
Heuristics are examples of cognitive short-cuts to make decisions
 
Heuristics are adaptive and change with experience and information
 
Heuristics cannot lead to correct decisions
 
4.Which of the following statements is FALSE?
Group of answer choices
 
Segmentation can result in disjointed final products
 
None (i.e. all the statements are True)
 
In Punctuated equilibrium model, Transition takes place when the group has completed half of its task/time
 
Separate rewards are better for speed and quantity
 
5.Tony, Pepper, and Jarvis are a team of professional rock climbers. To reach the top, all three climbers must complete each section of the rock wall before they can move on to the next section together. As a result, their climbing pace is driven by the member who slowest. This is an example of a of a(an)______
Group of answer choices
 
Additive task
 
Disjunctive task
 
Conjunctive task
 
Reciprocal interdependence
 
6.Dr. McDreamy well known for his excellent diagnoses and treatment of brain-related problems. The other brain surgeons at Seattle Grey Hospital often follow his advice dealing with difficult cases. This gives Dr. McDreamy _____ power in the hospital.
Group of answer choices
 
Referent
 
Expert
 
Structural
 
Coercive
 
7.Founders of companies establish organizational culture by molding employees in their way of thinking. This is an example of
Group of answer choices
 
Attraction
 
Role-modeling
 
Imprinting
 
Intellectual Stimulation
 
8.Shawn is a manager who never engages in decision-making or taking responsibility. His subordinates say that he never provides any feedback or guidance. Which of the following styles of leadership is Shawn following?
Group of answer choices
 
Management-by-exception (Passive)
 
Laissez-faire leadership
 
Contingent reward
 
Management-by-exception (Active)
 
9.Maryam is able to share her risky ideas with her team because she is sure that her team will not embarrass or penalize her for it. Maryam is experiencing….
Group of answer choices
 
Team Cohesion
 
Task Interdependence
 
Individualized Consideration
 
Psychological safety
 
10.Which of the following statements about organizational culture is FALSE?
Group of answer choices
 
None (i.e., all statements are True)
 
In a strong culture, employees agree about the way things are supposed to happen.
 
Strong cultures are always better for the organization than weak cultures
 
In a strong culture, employees’ behaviors are consistent with value expectations .
 
11.Hari joined XYZ consulting recently. He is finding out that the culture at XYZ is much more competitive and cutthroat than he expected before he joined. Hari is probably at the ______________ stage of the socialization process.
 
 
 
Group of answer choices
 
Attrition
 
Encounter
 
Metamorphosis
 
Anticipatory
 
12.Don, an assistant manager at Shake Shack, regularly uses abusive and derogatory words when dealing with his subordinates. Many employees have also heard Don refer to specific employees with inappropriate labels ridiculing their ethnicity, names, or weaknesses. From the scenario, it can be concluded that workers at Shake Shack experience a lack of ____.
Group of answer choices
 
interpersonal justice
 
informational justice
 
procedural justice
 
distributive justice
 
13._____ is defined as the act of recognizing that a moral/ethical issue exists in a situation.
Group of answer choices
 
Moral intent
 
Moral Judgment
 
Moral Awareness
 
Ethical Sensitivity
 
14.During her team’s annual strategy planning, Laura advocated strongly for the project A rather than project B. Since then, there have been several cost overruns, the project is weeks behind schedule, and might not be completed by the deadline despite budget increases. Laura is planning to increase the funding for project A once again, and hires two new employees to help with the project A. Laura is engaging in ______.
Group of answer choices
 
fundamental attribution error
 
selective perception
 
escalation of commitment
 
goal-directed behavior
 
15.About six months ago, Pam figured out that if she left the office 30 mins early, she would make it in time to catch the early bus and would not have to encounter her ex-fiancé on the way to work. To make this work but also finish her office work, Pam has been coming in early and leaving work 30 mins early. Her colleagues watch her leave early are under the impression that Pam is a slacking off. Pam’s colleagues are most likely subject to _____ in their impression of her:
Group of answer choices
 
Fundamental attribution error
 
Anchoring bias
 
Distinctiveness bias
 
Self-serving bias
 
16.Jim and Dwight are two paper salesmen on the same sales team. Their boss, Michael, pays them a team-bonus based on their joint sales target, instead of paying a bonus based on individual sales performance. Due to the reduced individual accountability, Jim exerts less effort on the task of increasing sales. Jim’s behavior is an example of:
Group of answer choices
 
Procrastination
 
Production blocking
 
Social loafing
 
Social inhibition
 
17.Alone, Ziyan has always been a great salesman, so, his company promoted him to the top national sales team. You’d think he’d do better with so many qualified teammates, but suddenly Ziyan’s performance has dropped significantly. He hasn’t signed a client in almost two weeks! When confronted by his boss, Ziyan explains: “I don’t get it, I promise I’m working harder than I ever have before, but I’m just choking”. What would be the best leadership fix to improve Ziyan’s performance?
Group of answer choices
 
Raise Ziyan’s individual accountability
 
Provide more opportunities for Ziyan to practice his sales pitches
 
All these options will help with the issue Ziyan is facing
 
Reduce Ziyan’s team size
 
18.Oscar is participating in a team quiz competition. Each team scores a point if any single team member can answer the questions correctly. This is an example of a of a(an)______
Group of answer choices
 
Disjunctive task
 
High team cohesion
 
Conjunctive task
 
Comprehensive interdependence
 
Short Q
1.Organizational Culture
 
Name any two types of cultural artifacts and give specific examples of each from real organizations. Clearly describe what these artifacts convey about the cultures of those organizations.
 
(These must NOT be examples discussed in class)
 

  1. Trust

 
Consider the three dimensions of trustworthiness.
 
(1)Which of those dimensions is most important when deciding whether to trust your boss and why? 2 points
(2)Which of those dimensions is most important when deciding whether to trust your friend and why? 2 points
(3)Which form of trust is developed at the early stages and why? 2 points
 
3.Teams
 
List any two limitations/flaws of the 5 Stage Model. Use examples from your own teamwork experience to describe how these flaws were evident in your team’s functioning, i.e. explain how things went differently in your team.
 
4.Teams
 
(1)Briefly differentiate between the two types of diversity (2 points)
(2)Which type of diversity can have negative implications for groups in the long run and why? (2 points)
(3)How can the negative implications of this type of diversity be managed? (2 points)
 
5.Organizational Structure
 
You are tasked by the CEO of ABC Org to increase creativity and innovation in the organization.
 
(1)Which of the two types of organizational structures – mechanistic or organic, would you recommend for facilitating this business strategy? (1 point)
 

  • Highlight two elements of organizational structure that are important for an organization with an innovation-oriented business strategy? Briefly explain why or how these elements are important for facilitating innovation. (4 points)

 
6.Ethics
 
Studies show that business school students cheat more than other students in the U.S. and Canada.
 
Which two components of the 4-Component Model of ethical decision-making do you believe best explain student cheating? Justify your response by explaining and applying the relevant concepts?
 
7.Organizational Culture
 
Your friend thinks that AmazingInc. has a strong competitive organizational culture, but he does not understand how such a culture perpetuates in the organization. You use the ASA model to explain this phenomenon to your friend.
 
Name the 3 steps of the ASA model and describe with specific examples of how each step of the ASA model could have contributed to the competitive organizational culture at AmazingInc.
 
 
 
Long Q
1.Leadership
 
Leadership
 
1a) Name and briefly explain the four main behaviors (4 I’s) of Transformational Leaders? (4 points)
 
1b) Provide examples of real leaders who display any three of these behaviors and explain how they exemplify each of these three behaviors (i.e. provide specific examples of their actions/practices) (6 points)
 
(These must NOT be examples discussed in class)
 
 
 
2) Name two individual attributes/personality traits that are important for leader emergence AND two individual traits important for leader effectiveness. Justify why you think these traits are important for leadership emergence and effectiveness, respectively. (6 points)
 
 
 
3) Who do you think is a modern-day example of an Ethical Leader OR an Unethical Leader (in the last 2 decades). Justify your response by providing specific examples of the relevant behaviors/actions of Ethical Leaders (4 points)
 

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