240 in Your Business

Assignment File

Assignment 2

Due date:

14 January 2013

Coverage:

Units 3–4

Length:

The total length of essay-type questions should not exceed

2,000 words. Those exceeding the upper word limit will be

strictly penalized.

Note:

According to OUHK policy, no extension will be allowed

for this last assignment.

Question 1 (20 marks)

For each of the following ten sub-questions, select the best answer. Each

correct answer is worth two marks.

1

Planning is ultimately based upon ________.

A how a planner deals with bounded rationality

B choosing a goal and developing a method or strategy to achieve

that goal

C the relationship between organizational line and staff personnel

D whether the mission statement is internally or externally oriented

2

Revlon was once the world’s biggest cosmetics company. Over the

past few years, its brands have lost sales and struggled through a

series of management setbacks, but still it was reluctant to give up

divisions that were no longer profitable. Which grand strategy does

Revlon need to implement if it is to stay in business?

A harvesting

B recovery

C growth

D retrenchment

3

According to research on self-monitoring, which of the following is

true?

A Low self-monitors were more likely to acquire a mentor.

B High self-monitors received more promotions than did low selfmonitors.

C Low self-monitoring individuals were more likely to achieve

career success.

D Self-monitoring is an either-or proposition. You either fall into

one category or the other.

1

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MGT B240 Principles and Practices of Management

4

You are rushing to class when a friend stops you and begins to

discuss a personal problem. You want to break off the conversation

so that you can get to class on time. You glance at your watch, and

the other person responds, ‘Ok, I know you’ve got to run. Can we

talk after class?’ Clearly your friend got the message and understands

through your verbal and...