Corporate Governance Exam Review
Course Introduction
Corporate Governance examines the systems, principles, and processes by which corporations are directed and controlled, focusing on the roles and responsibilities of the board of directors, management, shareholders, and other stakeholders. The course explores frameworks for promoting corporate accountability, transparency, and ethical business practices, addressing issues such as executive compensation, shareholder rights, regulatory compliance, risk management, and the impact of corporate governance on organizational performance. Through case studies and real-world examples, students gain a comprehensive understanding of governance challenges in both local and global contexts and learn about contemporary trends and reforms shaping the future of corporate governance.
Recommended Textbook
Organization Theory and Design 11th Edition by Richard L. Daft
Available Study Resources on Quizplus 13 Chapters
1255 Verified Questions
1255 Flashcards
Source URL: https://quizplus.com/study-set/925
Page 2
Chapter 1: Organizations and Organization Theory
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/18227
Sample Questions
Q1) Non-profit organization managers deal with many diverse shareholders and must market their services to all of the following except
A) donors.
B) shareholders.
C) clients.
D) volunteers.
Answer: B
Q2) AT ABC Company, employees are encouraged to take care of problems by working with one another and with customers, using their discretion to make decisions. ABC Company is a _____ organization.
A) decentralized
B) centralized
C) mechanistic
D) sustainable
Answer: A
Q3) Men constitute the majority of the workforce in the United States.
A)True
B)False
Answer: False
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Page 3
Chapter 2: Strategy, Organization Design, and Effectiveness
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101 Verified Questions
101 Flashcards
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Sample Questions
Q1) The primary responsibility of top management is to:
A) perform the organization's SWOT analysis.
B) determine goals, strategy, and design, in adaptation to environment.
C) set a motivating culture for all employees.
D) formalize and centralize the firm.
Answer: B
Q2) A plan for interacting with the competitive environment to achieve organizational goals is referred to as:
A) strategy.
B) design.
C) culture.
D) structure.
Answer: A
Q3) The internal process emphasis represents management values of structural control and external focus.
A)True
B)False
Answer: False
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Chapter 3: Fundamentals of Organization Structure
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102 Verified Questions
102 Flashcards
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Sample Questions
Q1) An advantage of the divisional structure is that coordination of functional matters relative to any one given product is maximized.
A)True
B)False
Answer: True
Q2) Integrator roles require excellent people skills.
A)True
B)False
Answer: True
Q3) Horizontal grouping means to contract out certain tasks or functions.
A)True
B)False
Answer: False
Q4) All of the following, except ____ are symptoms of structural deficiency.
A) decision making is delayed or lacking quality
B) the organization does not respond innovatively to a changing environment
C) too much conflict is evident
D) employees lack motivation
Answer: D
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Chapter 4: The External Environment
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99 Verified Questions
99 Flashcards
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Sample Questions
Q1) Complex + Unstable environments = high uncertainty
A)True
B)False
Q2) An acquisition is the unification of two or more organizations into a single unit.
A)True
B)False
Q3) In organizations characterized by very ____ and ____ environments, almost no managers are assigned to integration roles.
A) simple, stable
B) simple, unstable
C) complex, stable
D) complex, unstable
Q4) When organizations depend on the environment but strive to acquire control over resources to minimize their dependence, it is referred to as cooptation.
A)True
B)False
Q5) Compare and contrast the four quadrants in the framework for environmental uncertainty.
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Chapter 5: Interorganizational Relationships
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96 Verified Questions
96 Flashcards
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Sample Questions
Q1) Variation, formation, and selection are the stages in the process of change in the environment.
A)True
B)False
Q2) In the population-ecology model of organizations, selection refers to the preservation and institutionalization of selected organizational forms.
A)True
B)False
Q3) All of the following except ____ are elements of the population ecology model of organizations.
A) retention
B) variation
C) legitimacy
D) selection
Q4) Describe the different strategies when organizations are struggling for existence.
Q5) When organizations become aware of resource dependence and begin to develop strategies to reduce their dependence on the environment, what alternatives would be considered? Explain at least two different approaches.
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Chapter 6: Designing Organizations for the International Environment
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101 Verified Questions
101 Flashcards
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Sample Questions
Q1) List the benefits that result from interunit collaboration.
Q2) High uncertainty avoidance means that people accept inequality in power among institutions, organizations, and people.
A)True
B)False
Q3) Why has globalization and global experience in management become so important to organizations?
Q4) Building a global presence expands an organization's scale of operations, enabling it to realize economies of scale.
A)True
B)False
Q5) Compare and contrast the typical alliances: licensing, joint ventures, and consortia.
Q6) Which stage is export-oriented and in a competitive position?
A) Multinational
B) Global
C) Domestic
D) International
Q7) Discuss the national value systems.
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Chapter 7: Manufacturing and Service Technologies
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96 Verified Questions
96 Flashcards
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Sample Questions
Q1) Job enrichment refers to the expansion of the number of different tasks performed by an employee.
A)True
B)False
Q2) _____ production is a manufacturing process characterized by long production runs of standardized parts. Output often goes into inventory from which orders are filled because customers do not have special needs.
A) Continuous-process
B) Unit
C) Large-batch
D) Small-batch
Q3) Chemical plants, oil refineries, liquor producers, pharmaceuticals, and nuclear power plants are examples of _____ production.
A) unit
B) mass
C) large-batch
D) continuous-process
Q4) Contrast the axes on Perrow's framework for department technologies.
Q5) List and briefly describe the subcomponents of the digital factory.
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Chapter 8: Using Information Technology for Control and Coordination
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96 Verified Questions
96 Flashcards
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Sample Questions
Q1) _____ knowledge is formal, systemic knowledge that can be articulated, written down, and passed on to others in documents, rules, or general instructions.
A) Expert
B) Tacit
C) Codified
D) Resource
Q2) ____ is a highly ambitious quality standard that specifies a goal of no more than 3.4 defects per million parts.
A) Benchmarking
B) Balanced scorecard
C) Knowledge management
D) Six Sigma
Q3) The use of huge databases that combine all of a company's data and allow users to access the data directly, create reports, and obtain responses to what-if questions is referred to as:
A) data mining.
B) data processing.
C) transaction processing systems.
D) data warehousing.
Page 10
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Chapter 9: Organization Size, Life Cycle, and Decline
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95 Verified Questions
95 Flashcards
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Sample Questions
Q1) Max Weber developed the concept of a bureaucracy to make organizations:
A) more rational and efficient.
B) more empathetic.
C) less formal.
D) quicker to respond to stakeholders.
Q2) If Max Weber were living in the United States today, and observing the push away from bureaucracy, what do you think he would say? Would he defend the use of bureaucracy today, or are there different environmental factors that would cause him to abandon bureaucracy?
Q3) Which of the following is the use of rules, policies, hierarchy of authority, written documentation, standardization, and other bureaucratic mechanisms to standardize behavior and assess performance?
A) Market control
B) Bureaucratic control
C) Traditional control
D) Clan control
Q4) Your rich uncle owns his own entrepreneurial business and is trying to decide how large it should become. He has asked you to tell him what is the optimum size for a business. Write your response to him.
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Chapter 10: Organizational Culture and Ethical Values
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89 Verified Questions
89 Flashcards
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Sample Questions
Q1) Discuss how organizations are managing and coordinating ethics activities.
Q2) Which of the following is an example of the rite of integration in corporate culture?
A) Awards given to employee-of-the-month
B) Unpaid three week orientation and training for prospective (new) employees
C) Office Valentine party
D) Organization development activities
Q3) Discuss and draw a diagram of the relationship between ethical standards and legal requirements.
Q4) Learning ethical frameworks helps managers to act autonomously and still think their way through a difficult decision.
A)True
B)False
Q5) ____ are principles that guide the decisions and behaviors of managers with regard to whether they are right or wrong in a moral sense.
A) Managerial ethics
B) Social responsibility
C) Codes of ethics
D) Organization culture
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Chapter 11: Innovation and Change
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90 Verified Questions
90 Flashcards
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Sample Questions
Q1) The four strategic types of change highlighted in our text include all of the following categories except:
A) technology.
B) products and services.
C) strategy and structure.
D) life cycle maturation.
Q2) Mike Hall, CEO of Borrego Solar Systems, holds internal "innovation challenge' contests on the company intranet to get his shy, introverted engineers to speak up with their ideas for improving the business. Employees vote on their favorites and the winner takes home a cash prize. Borrego Solar Systems utilizes which of the following approaches?
A) Top-down
B) Bottom-up
C) Flat
D) Horizontal
Q3) The four types of change are independent of each other, or, in other words, a change in one has no effect on another.
A)True
B)False
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Page 13
Chapter 12: Decision Making Processes
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90 Verified Questions
90 Flashcards
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Sample Questions
Q1) According to the contingency framework for decision models, the Carnegie Model for organizational decision making should be used when:
A) there is high uncertainty in both problems and solutions and uncertain problems and certain solutions.
B) managers agree on goals and look for optimal solutions.
C) decisions are nonprogrammable and can be made by an individual.
D) all of these--the Carnegie Model should be used in every cell of the framework.
Q2) Which stage of the organizational decision making process occurs when alternative courses of action are considered and one alternative is selected and implemented?
A) Problem consensus stage
B) Problem identification stage
C) Problem solution stage
D) Problem generation stage
Q3) Describe the difference between programmed decisions and nonprogrammed decisions and provide an example of each.
Q4) What is a problematic search? What is its role in decision making?
Q5) List and describe the steps of the rational approach to decision making.
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14
Chapter 13: Conflict, Power, and Politics
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92 Verified Questions
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Sample Questions
Q1) Horizontal power is not defined by the formal hierarchy or the organization chart.
A)True
B)False
Q2) Centrality reflects a department's role in the primary activity of an organization.
A)True
B)False
Q3) Strategic contingencies refer to:
A) events and activities that are essential for attaining organizational goals.
B) environmental factors which have an indirect influence on goal attainment.
C) alternate strategic plans to cope with possible environmental changes.
D) competitors who may damage corporate standing.
Q4) Nonsubstitutability means that departmental power will be decreased with the loss of control over resources.
A)True
B)False
Q5) What political tactics are recommended for using power?
Q6) Why will the rational choice model not always work? Under what circumstances will it work?
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