Question $33$

$2$

Points

An interpersonal role is one in which the manager must either gather or provide information.

True

False

Question $34$

$2$

Points

Corporations account for about $82$ percent of all sales revenues.

True

False

Question $35$

$2$

Points

Common job titles associated with $\_\_\_\_$ management include president, vice president, and chief executive officer.

first$-$line

middle

top

executive

functional

Question $36$

$2$

Points

Businesses such as flower shops, restaurants, bed and breakfasts, and automobile repair are good candidates for entrepreneurs because they

do not require any skills.

are the most likely to succeed.

can obtain financing easily.

require no special equipment.

have a relatively low initial investment.

Question $37$

$2$

Points

In the last stage of the decision$-$making process, managers may decide to

strengthen supplier relationships.

start the problem identification process all over again.

ensure customer satisfaction.

continue quality improvement.

hand the monitoring task to another manager.

Question $38$

$2$

Points

A vertical merger is a merger between firms that operate at different but related levels in the production and marketing of a product.

True

False

Question $39$

$2$

Points

Although Martin is not in top management, he is charismatic and well liked by others in his organization. Other employees often look to Martin to see how he reacts to new policies implemented by top management, and they follow his lead. Martin has $\_\_\_\_$ leadership in his organization.

personal

formal

informational

unofficial

informal

Question $40$

$2$

Points

Suppose Bill Gates, founder of Microsoft, is interested in a small software company. He may offer to purchase the stock of this company at a price that is just high enough to tempt the current stockholders. This action would be called a

monopoly.

tender offer.

proxy fight.

hostile takeover.

white knight offer.