MBA 540 2-1 Quiz Milestone One Pre-check

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Southern New Hampshire University *

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540

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Management

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Jan 9, 2024

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Uploaded by UltraWombat3833

1 1.5 / Which of the following statements best describes the term internal analysis ? Select one. Question options: It examines a company’s resources and capabilities to determine a firm’s ability to deliver unique value. It studies the infrastructure of a company to gauge the number of employees it can recruit. It examines the efficiency of employees with the help of standardized tests and group discussions. It examines the emotions of a firm’s employees in order to identify their weaknesses. Hide question 1 feedback A company’s resources and capabilities are part of the internal environment and determine their ability to deliver unique value. These qualities a internal analysis. 2 1.5 / In the context of organizational behavior, the systematic and comprehensive process of making objective, unbiased assessments of facts when forming a judgment is known as which of the following? Select one. Question options: Contingency thinking Industrial engineering Critical thinking Emotional intelligence Effective management Hide question 2 feedback Critical thinking involves evaluating data and considering all available information in a systematic and unbiased way both inside and outside of 3 1.5 / Using graphical data representation provides a great opportunity to visualize data so that it conveys a particular point of view. Question options: True False Hide question 3 feedback Using visual representation through graphical data allows you to make data appear to support one particular point of view without changing the 4 1.5 / The goal of a strategic business plan is which of the following? Select one. Question options: Create a monopolistic market Drive competitors out of business Improve employee morale Create competitive advantage Hide question 4 feedback A strategic business plan is focused on achieving competitive advantage for the organization. A high-level, strategic approach is required to achi 5 1.5 / A chart that uses vertical or horizontal bars whose length corresponded to the frequency of each category most accurately defines which of the following? Select one. Question options: Pie chart Frequency histogram Line graph Bar chart

Hide question 5 feedback When data is categorical, bar charts or bar graphs work well because the number of categories is usually limited. In bar charts, frequency of each by horizontal or vertical bars. 6 1.5 / Sorting the data from smallest to largest is a useful first step that makes calculating which measure(s) of central tendency easier? Select one. Question options: Median Mode Both Median and Mode Mean Hide question 6 feedback Sorting the data makes finding both the median and the mode easier . The median is the point where half the numbers are higher and half are low first step. If the data set is small enough, sorting prior to calculating the mode is not required, but it does make finding it significantly easier, and step. 7 1.5 / The point at which half of the numbers are larger and half are smaller is the definition of which measure of central tendency? Select one. Question options: Median Mode Mean Variance Hide question 7 feedback The median is the point at which half of the numbers are larger and half are smaller. If there is no mid-point, the median is the point between the the middle. 8 1.5 / Organizational behavior is an interdisciplinary body of knowledge with strong ties to psychology, sociology, and anthropology. Question options: True False Hide question 8 feedback Organizational behavior is the study of human behavior in organizations, focusing on individuals, teams, interpersonal processes, and organizati interdisciplinary body of knowledge with strong ties to the behavioral sciences—psychology, sociology, and anthropology—as well as to social economics and political science 9 1.5 / When calculating the mean, the Greek letter µ (mu) represents what? Question options: Number of measurements Sample mean Population mean Variance Hide question 9 feedback µ (mu) is the symbol representing the mean of the entire population. 10 1.5 / Which of the following can best be defined as the ability of an organization to generate higher profits compared to its rivals? Select one.

Question options: Competitive advantage Employer advantage Client advantage Unique value Hide question 10 feedback When a company or organization can consistently generate higher profits compared to others, it is considered to have a competitive advantage b something that is giving it an advantage over the competition.

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