1. Forecasts are most useful when the __________ will look radically different from the __________.

Multiple Choice

• past; future

• future; past

• present; future

• present; past

• future; present

2. Which organizational cultures objectives are productivity, planning, and efficiency?

Multiple Choice

• adhocracy

• hierarchy

• market

• collaboration

3. Jean Pauls French Foods founded in 1963 has grown steadily to 250 employees. Despite its size, Jean Pauls operates as a family business with a strong clan culture. Jean Pauls CEO, John Smythe, has just learned that the companys long-standing and best customer, Saul's Bistro, with 15 locations in the region, is filing for bankruptcy. As a result, Jean Pauls will immediately experience a 15 percent reduction in sales. Based upon this description, what do you advise John to do?

Multiple Choice

• Without consulting his team, lay off 15 percent of the workforce.

• Ask members of the entire company to agree to cut their hours by 15 percent until business improves, avoiding any layoffs.

• Without consulting his employees, quickly sell the company.

• Avoid an employee strike by offering bonuses to employees.

• Secretly implement a permanent policy to short-pay invoices from their suppliers by 15 percent and hope no suppliers leave.