Tescra Education is an educational publishing company that provides textbooks in the area of higher education. The company has been in business for almost 20 years now and has earned substantial profits during this period.
Which of the following trends, if true, would drive the company to change its business strategy?
A) a rise in the cost of electronic products such as iPads and e-book readers and subscription charges for educational apps
B) an upward trend in students' preference for face-to-face interaction with instructors using traditional classroom learning techniques
C) a need for learning environments where students feel safe to apply the knowledge they've acquired in the classroom to real-life situations
D) a decrease in the number of people going back to school to upgrade their skills, due to an economic boom
E) an increase in the number of laws and regulations related to intellectual property
Question 2Organizational plans can be classified on the basis of their ________.
A) usefulness
B) frequency of use
C) suitability
D) attainability
Question 3Strategic plans are usually ________.
A) short term, directional, and standing
B) short term, specific, and standing
C) long term, directional, and single use
D) long term, specific, and standing
Question 4Which of the following statements is true regarding effects of national culture on organizational culture and ethical behavior within an organization?
A) As compared to managers in the United States, managers in developing economies are less likely to see ethical decisions as embedded in a social environment.
B) Organizations can safely ignore local culture while establishing its operation in another country.
C) Generally, U.S. managers see bribery, nepotism, and favoring personal contacts as highly unethical.
D) Organizational cultures rarely reflect national culture.
E) Most U.S. managers do not view profit maximization as a moral obligation.
Question 5When making editorial decisions for his newspaper, the owner/editor mostly picks issues that are in line with his political beliefs and those that his advertisers approve of despite his publicly stated goal
to be a champion for free speech and for the development of the community. This indicates that ________.
A) the company's strategic goals do not leave any room for interpretation
B) the company's stated goals are not its real goals
C) the company's goals are directional in nature
D) the company's financial goals derive from its strategic goals
Question 6Organizations are increasingly adjusting their processes and positioning their products as environment friendly and sustainable in order to increase their appeal to consumers. This is a response to changes in ________.
A) demographic trends
B) social trends
C) cultural trends
D) legal requirements
E) nature of the workforce