Questions and Answers of Agribusiness Principles Of Management

Why has international business grown so much in recent years?
Summarize the basic structure of the international economy. What are some of the major changes occurring today within the international economy?
Identify and briefly describe some of the basic challenges of international management.
What are some of the competitive differences for MNEs, medium-sized organizations, and smaller organizations?
Identify industries that are most and least global.
In what ways are the processes of managing an increase in internationalization versus managing in a steady state of international involvement likely to be the same and different?
In which situations might an organization want to decrease its level of international activity? Comment on some of the basic issues that might be involved.
Some experts argue that free trade eventually helps everyone. Others, however, believe that domestic governments have an obligation to protect local businesses from foreign competition. What do you
Identify several businesses and/or products that affect you on a regular basis that are owned by foreign companies.
A business that acquires essentially all of its resources and sells all of its products or services within a single country is known as a/an _______ business.
A business that is primarily based in a single country but acquires some meaningful share of its resources or revenues from other countries is a/an ______ business.
An organization that has a worldwide marketplace from which it buys raw materials, borrows money, manufactures its products, and to which it subsequently sells its products, is known as a/an ______
A business that transcends national boundaries and is not committed to a single home country is called a ______ business.
A company can allow another company to use its brand name, trademark, technology, patent copyrights, or other assets under a ______ agreement.
An agreement to share in the control and ownership of a new enterprise is known as a/an ______ ______.
A cooperative agreement that allows companies to work together but does not necessarily involve ownership is called a/an ______ ______.
An economic agreement between the United States, Canada, and Mexico that aims to allow easier movement of goods and services among the three countries is the ______ ______ ______ _______ ______.
The ______ ________ is a mature market system that consists of Denmark, the United Kingdom, Portugal, the Netherlands, Belgium, Spain, Ireland, Luxembourg, France, Germany, Italy, and Greece.
Agreements to voluntarily limit the volume or value of goods exported to a particular country are known as ______ ______ agreements.
In 2009, Prince Charles in kilts presided over the opening of a newly expanded Glenlivet whisky distillery.This facility would allow Pernod Ricard SA to expand production by 75 percent. A more apt
What are the three general types of situations in which ethics are important to managers? What are the key dimensions of the manager’s ethical context?
How can ethics be managed by organizations?
What is meant by social responsibility? What are the arguments for and against it?
What four general approaches to social responsibility do organizations take?
What is the government’s role with regard to business’s social responsibility? Why has it assumed that role? How does business influence government?
List five ways in which you feel it is ethical for students to behave. Then list five that you feel are unethical. What are the strongest influences on your feelings about what is ethical and
Identify four actions that are (1) both legal and ethical, (2) legal but unethical, (3) illegal but ethical, and (4) both illegal and unethical.
How useful are codes of conduct or codes of ethics to business firms? Explain your response.
The proponents of social responsibility claim that the arguments against responsibility are flawed.Study those arguments and explain how each might be flawed. Give details to support your claim.
Which area of social responsibility do you feel is most in need of action? Which is least in need of action? Why?
Those standards or morals a person sets for himself or herself regarding what is good and bad or right and wrong are called ______.
An employee who is put into a situation in which his decisions may be compromised because of competing loyalties is said to have a/an ______ _______ _______.
Meaningful symbolic statements that emphasize the importance of ethical behavior in business are called ______ ______ _______.
The obligations of an organization to protect and/or enhance the society in which it functions are known as ______ ______.
______ ______ includes not only fulfilling the organization’s social obligations and responding to requests but also actively seeking ways to benefit society.
A formal and thorough analysis of the effectiveness of a firm’s social performance is called a ______ ______ ______.
The disclosure by an employee of illegal or unethical conduct on the part of others within the organization is called ______ ______.
Groups that solicit funds from organizations and then make contributions to political candidates in order to gain their favor are called ______ ______ ______.
People and organizations that are directly affected by the practices of an organization and that have a stake in its performance are known as ______ _______.
______ ______ refers to meeting economic and legal responsibilities but not going beyond them.
Horace Greeley, newspaper editor, observed in 1838, “If any young man is about to commence the world, we say to him, publicly and privately, Go to the West.” Apparently this advice applies today;
Identify and describe the three basic kinds of planning done by most organizations.
What are the six steps in the organizational goal-setting process?
How should organizations integrate plans that span different periods of time?
What are contingency plans? How are they developed?
Identify several roadblocks to effective planning. Suggest ways around these roadblocks.
What kinds of goals would a not-for-profit organization, such as your college or university, have.What might be the similarities and differences between those goals and the goals of a business
If all managers are supposed to plan, why should planning start at the top? Could it start at the bottom? How?
Describe a contingency plan you once developed. How closely did the steps you followed coincide with those outlined in this chapter?
Why might different kinds of organizations have different conceptions of what long-range planning means?
A blueprint or framework an organization uses to describe how it expects to achieve its goals is known as a/an ______.
A desired state or condition that the organization wants to achieve is called a/an ______.
The way an organization attempts to fulfill its purpose is known as its ______.
The process of achieving an effective balance among the different goals of an organization is known as ______ ______.
Formulating the broad goals and plans of the organizations called ______ ______.
Plans that are designed to handle recurring and relatively routine situations are called ______ plans.
Identifying alternative courses of action that might be followed if various conditions arise is known as ______ _______.
General guidelines that govern relatively important actions within the organization are known as ______.
Specific guidelines for handling a series of recurring activities are referred to as ______ ______ _______.
Plans that are developed to handle events that only happen once are known as ______ ______ plans.
The priestly procession entered the “holy enclosure” followed at a respectful distance by everyone else.Excitement and apprehension were palpable; everyone felt that today would be the day. A
What are the three levels of strategy? Do all firms have all three levels? Why or why not?
What are the five critical environmental forces that organizations must consider when developing strategies? How do organizations go about positioning themselves relative to those forces?
Identify three grand strategies that organizations might choose to pursue.
What are the three problems of management and the three strategic business alternatives described in the adaptation model?
What are the six basic functional strategies most organizations develop?
Apply the concepts of corporate, business, and functional strategies to your university or college.
Which of the five environmental forces are more likely to exist together than others? Identify other examples of organizations likely to be affected by each of the five forces.
What are the risks involved in selling dogs quickly? Why would anyone want to buy a dog?
Identify examples beyond those noted in the chapter to illustrate defenders, prospectors, and analyzers.
What are the critical issues in implementing a new strategy within an organization?
The advantages or disadvantages that a firm holds relative to its competitors is known as ______ ______.
Strategies that chart the course for the basic functional areas within an organization (marketing, finance, production, etc.) are known as ______ strategies.
Those aspects of the organization that let the organization compete effectively are known as organizational ______.
The VRIO framework consists of asking for each strength whether it is ______, ______, ______ ______ ______, and _______.
Those aspects of the organization that prevent or deter it from competing effectively are known as organizational ______.
Those aspects of the organization’s environment that, if not countered in some way, would impede the organization’s progress to achieve its plans are known as organizational ______.
When managers want to shrink operations, cut back in some areas, or eliminate unprofitable operations altogether, the organization uses a ______ strategy.
The changing of a product’s sales volume over the lifetime of the product is known as the ______ ______ ______.
The process of setting the firm’s products apart from those of other companies on some basis such as quality, style, or service is called ______.
When products have a high share of a market, they are known as _____ if the market is fast-growing, or as _______ ______ if the market is low-growth.
This was the chant of male and female tea porters in China. They regularly carried loads of 150–200 pounds for 20 days over 140 miles through 17,000-foot mountain passes. They walked the “Tea
Why is environmental scanning a planning tool?
What is the reason for break-even analysis?
If you are sure of your resources, why would you want to spend the time on a PERT chart for a project?
What are some barriers to effective time management?
What is the difference between an action plan and strategic planning?
Review the assignments you have for the entire semester:(a) Develop a Gantt chart for the semester projects,(b) Develop an action plan for the semester, and(c) Develop a time management schedule
Comment on this statement: “Time management is just common sense. Either you have the ability to be organized or you don’t.”
Describe a situation where competitive intelligence borders on industrial espionage.
If you planning to enter graduate school immediately after graduation, which environmental sources would be helpful to you in making your selection of a program?
Try to map your thought process for determining your major. Which steps did you take for granted and almost leave out of your notes?
A proactive approach to monitoring trends and anticipating changes that may affect an organization at the strategic and tactical levels of planning is called ______ ______.
The active approach of scanning information available publicly about competitors is known as ______ ______.
The systematic development of predictions about the future is called ______.
The systematic refinement of expert opinions to develop an expert-based prediction is known as ______ ______.
A method for determining the optimal combination of resources and activities in making a product is called ______ ______.
A planning technique that determines the point at which revenues and costs will be equal is known as ______ ______.
A charting technique that involves identifying the various activities necessary in a project,developing a network that specifies the interrelationships among those activities, determining how much
A bar chart, with each bar representing a project task, for depicting the overlap of scheduled tasks is called a/an ______ ______.

Showing 400 - 500 of 524