Quiz 1 · Weeks 1–5 Mock Exam

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01Chapter 2 · A Short History of Management Theory and Practice Which development most directly explains why agriculture increased coordination needs?
  1. Money and corporations immediately disappeared
  2. All people became fully self-sufficient
  3. Settlements, surplus, specialization, and trade expanded
  4. Resource protection no longer mattered
Chapter 2, §2.2.3
02Chapter 3 · Management and Financial Well-Being Why does SET question agricultural subsidies in wealthy countries?
  1. They can disadvantage financially insecure farmers elsewhere by creating unequal competitive conditions.
  2. Trade has no effect on agricultural livelihoods.
  3. Subsidies are identical to quotas.
  4. Every subsidy automatically benefits the poorest producers worldwide.
Chapter 3, 3.4.2 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
03Chapter 1 · Introduction to Management A manager assigns responsibilities and designs reporting relationships. Which function is central?
  1. Controlling
  2. Leading
  3. Planning
  4. Organizing
Chapter 1, §1.3.1
04Course tools · Ethics and Business Case Analysis A firm gives a foreign operator permission to use its patented process under agreed terms. Which collaboration mode is described?
  1. A joint venture with shared equity
  2. Exporting
  3. Licensing
  4. Wholly owned foreign direct investment
Canvas SWOT and international collaboration course pages
05Chapter 3 · Management and Financial Well-Being What is the main FBL argument for shifting factories to lower-wage countries?
  1. Lower costs can increase profits, reduce prices, and provide new jobs.
  2. Trade eliminates every distributional inequality automatically.
  3. Working conditions never matter to stakeholders.
  4. All overseas wages necessarily meet basic living needs.
Chapter 3, 3.4.1 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
06Chapter 9 · Implementing Strategy A strategy account stresses rational analysis, top-down direction and linear formulation. Which school is described?
  1. Process school
  2. Transaction cost school only
  3. A standing operating procedure
  4. Content school
Dyck et al. (2026), Chapter 9, 9.5
07Chapter 8 · Formulating Strategy What is a limitation of the conventional BCG matrix highlighted by the text?
  1. It cannot distinguish high and low share.
  2. It contains no financial dimensions.
  3. It omits socio-ecological well-being from its two axes.
  4. It measures only stakeholder participation.
Dyck et al. (2026), Chapter 8, 8.5.2
08Chapter 9 · Implementing Strategy A document specifies the sequence for cleaning food-preparation equipment. What standing plan is it?
  1. An emergent strategy by definition
  2. A stakeholder map
  3. Standard operating procedure
  4. A five-year vision
Dyck et al. (2026), Chapter 9, 9.3.1
09Chapter 4 · Management and Ecological Well-Being How can ocean carbon uptake produce a harmful side effect?
  1. It necessarily increases ocean pH indefinitely.
  2. It removes the need to examine plankton or marine ecosystems.
  3. It eliminates every effect of atmospheric warming.
  4. It can increase acidity and affect marine organisms.
Chapter 4, 4.2.2 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
10Chapter 2 · A Short History of Management Theory and Practice Which pair correctly describes materialism and individualism?
  1. Informal kinship; ecological migration
  2. Democratic member ownership; limited liability
  3. High value on possessions/financial well-being; high value on self-interest
  4. Mutual sharing; centralized redistribution
Chapter 2, §2.2.5
11Chapter 7 · The Decision-Making Process A firm buys a fashionable technology before deciding what organizational problem it should solve. Which approach best matches the warning?
  1. Administrative satisficing based on clear adequacy criteria
  2. Programmed reordering
  3. A deliberate pilot with agreed goals
  4. Random
Dyck et al. (2026), Chapter 7, 7.4.3
12Chapter 4 · Management and Ecological Well-Being A firm reduces noise to respect neighbors even though it is neither required nor most profitable. Which principle fits?
  1. A pure minimum-cost selection rule.
  2. Greenwashing because all community action is misleading.
  3. SET stakeholder centrism.
  4. FBL unawareness.
Chapter 4, 4.2.1 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
13Chapter 1 · Introduction to Management A company reduces packaging because it saves money and reduces environmental harm. Its stated success criterion remains improved financial performance. Which approach best fits?
  1. FBL with no concern for externalities
  2. TBL
  3. A framework excluding all financial goals
  4. SET with social mission overriding financial enhancement
Chapter 1, §1.3.2
14Chapter 4 · Management and Ecological Well-Being What concern connects monocultures with ecological vulnerability?
  1. Reduced biodiversity can weaken resilience.
  2. Biodiversity is unrelated to food-system functioning.
  3. Species variety makes every agricultural system less resilient.
  4. Monocultures necessarily maximize genetic and ecological variety.
Chapter 4, 4.2.3 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
15Chapter 3 · Management and Financial Well-Being Which statement best distinguishes a living wage from a minimum wage?
  1. A living wage is a bonus paid only after maximum productivity is achieved.
  2. Both always have the same monetary amount.
  3. A living wage is the lowest wage legally permitted.
  4. A living wage is based on basic living needs; a legal minimum may be insufficient.
Chapter 3, 3.3.1 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
16Chapter 2 · A Short History of Management Theory and Practice A manager lets the person with the most relevant expertise guide a task, regardless of rank. Whose ideas most directly fit?
  1. Henry Gantt’s time-chart method
  2. Adam Smith’s pin-factory example
  3. Frederick W. Taylor’s tool optimization
  4. Mary Parker Follett
Chapter 2, §2.3.2
17Chapter 3 · Management and Financial Well-Being Which package of characteristics best matches documentational capitalism?
  1. Communal production without money or private business.
  2. Stakeholder relationships with no role for financial reporting.
  3. Detailed contracts, mobile labor, and stronger managerial rights.
  4. Relational coordination, long employee tenure, and employee protection.
Chapter 3, 3.2.1 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
18Chapter 1 · Introduction to Management A supervisor develops contacts with suppliers and peer managers beyond her unit. Which role best fits?
  1. Figurehead
  2. Liaison
  3. Disturbance handler
  4. Disseminator
Chapter 1, §1.3.1
19Course tools · Ethics and Business Case Analysis A firm develops a missing capability so it can enter a growing external market. Which TOWS pairing fits?
  1. SO
  2. WO
  3. WT
  4. ST
Canvas SWOT and international collaboration course pages
20Chapter 8 · Formulating Strategy A food producer acquires the farm that supplies its ingredients. What is this in the chapter's terms?
  1. Downward vertical integration
  2. Horizontal integration
  3. Divestment
  4. Upward vertical integration
Dyck et al. (2026), Chapter 8, 8.5.2
21Chapter 3 · Management and Financial Well-Being Which change would tend to increase GPI under the textbook's framework?
  1. More leisure time and a more equitable income distribution.
  2. More expenditure caused by crime-related damage.
  3. Greater resource depletion at unchanged consumption.
  4. Higher pollution costs with no other improvement.
Chapter 3, 3.3.3 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
22Chapter 3 · Management and Financial Well-Being Why can locally owned businesses generate a local multiplier effect?
  1. All purchases instantly leave the community.
  2. Local ownership guarantees zero pollution.
  3. Spending recirculates through local wages, suppliers, services, and retained profits.
  4. Local businesses can never employ professionals.
Chapter 3, 3.5.2 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
23Course tools · Ethics and Business Case Analysis Which change best exemplifies delivering functionality rather than ownership?
  1. The provider conceals maintenance costs
  2. Customers pay to use shared equipment maintained by the provider
  3. The firm stops providing a useful service
  4. Customers must buy a new machine after each use
Sustainable Business Model Archetyles and the Business Model Canvas · course handout
24Chapter 7 · The Decision-Making Process Which practice helps reduce escalation of commitment?
  1. Set unacceptable-outcome criteria and performance milestones in advance.
  2. Hide evidence that challenges the manager.
  3. Treat all sunk costs as reasons to continue.
  4. Avoid independent feedback.
Dyck et al. (2026), Chapter 7, 7.5.2
25Chapter 6 · Entrepreneurship A founder thinks she can master the tasks needed to launch her venture. Which quality is described?
  1. Self-efficacy
  2. Information asymmetry
  3. Moral hazard
  4. Supplier power
Dyck et al. (2026), Chapter 6, 6.3.4
26Chapter 7 · The Decision-Making Process Managers know the consequences of alternatives but disagree about whose priorities should prevail. Which approach fits?
  1. No decision is possible
  2. Random
  3. Political
  4. Classical rational with full consensus
Dyck et al. (2026), Chapter 7, 7.4.3
27Chapter 5 · Management and Social Well-Being Which condition is one of the three hallmarks of meaningful work?
  1. Being paid the maximum wage regardless of purpose.
  2. Feeling valued and a sense of belonging.
  3. Having no connection between work and personal values.
  4. Never seeing who benefits from the work.
Chapter 5, 5.2.2 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
28Course tools · Ethics and Business Case Analysis A manager hides a serious operational risk while publishing accurate sales totals. Which ethical promise is most directly violated?
  1. Avoid all shareholder returns
  2. Promote only short-term output
  3. Ignore future generations
  4. Report performance and risks honestly
FDNMANP AY 2026–2027 syllabus · RVR COB Code of Ethics and Covenant for Shared Prosperity
29Chapter 5 · Management and Social Well-Being What makes Coffee for Peace more than an ordinary coffee sales example?
  1. It evaluates success solely through bean volume.
  2. It links sustainable livelihoods with cross-community dialogue and peacebuilding.
  3. It prohibits contact between conflicting communities.
  4. It removes farmer compensation from its concerns.
Chapter 5, 5.4.4 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
30Chapter 7 · The Decision-Making Process Which condition makes early employee participation especially useful?
  1. Urgency leaves no possible time for consultation.
  2. Participation always guarantees unanimity.
  3. No one has relevant information.
  4. Their knowledge and commitment are important, and there is time to involve them.
Dyck et al. (2026), Chapter 7, 7.5.1
31Chapter 2 · A Short History of Management Theory and Practice A management arrangement works in a stable setting but fails in a volatile one. Which theory says the best method depends on such conditions?
  1. Contingency theory
  2. The figurehead role
  3. Theory X as a fixed employee category
  4. A universal one-best-way claim
Chapter 2, §2.3.3
32Chapter 5 · Management and Social Well-Being Which set contains the three social well-being components used in this chapter?
  1. Inputs, conversion, and disposal only.
  2. Meaningful work, meaningful relationships, and peace and social justice.
  3. Jobs, goods and services, and profits.
  4. Contracts, quotas, and subsidies.
Chapter 5, 5.1 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
33Chapter 2 · A Short History of Management Theory and Practice What is the main managerial lesson of the cosmic calendar?
  1. Human institutions are recent and depend on much older ecological conditions
  2. Management existed before the universe
  3. Human ownership makes nature independent of ecology
  4. Modern financial markets are permanent natural features
Chapter 2, §2.2.1
34Chapter 9 · Implementing Strategy A group abandons the planned advertising campaign but reaches its sales target through an unexpected referral surge. Which outcome applies?
  1. Bungled attempt
  2. Accidental success
  3. Planning failure
  4. Planned success
Dyck et al. (2026), Chapter 9, 9.4
35Chapter 6 · Entrepreneurship Which action belongs primarily to identifying an opportunity?
  1. Hiring the full operating workforce
  2. Launching every distribution channel
  3. Investigating an unmet need revealed by demographic change
  4. Submitting a final five-year cash-flow statement
Dyck et al. (2026), Chapter 6, 6.3.1
36Chapter 8 · Formulating Strategy A statement explains why an organization exists and whom it serves. Which concept is it?
  1. Vision only
  2. Operational schedule
  3. Mission
  4. Portfolio market share
Dyck et al. (2026), Chapter 8, 8.2
37Chapter 4 · Management and Ecological Well-Being Which option best matches the chapter's slow-food perspective?
  1. Uniform anonymous supply chains regardless of impacts.
  2. More ultraprocessed food solely to increase sales.
  3. Ecological production, fair grower compensation, local connection, and less processed shared meals.
  4. Faster consumption as the only goal.
Chapter 4, 4.2.3 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
38Chapter 7 · The Decision-Making Process When might internal production be preferred to purchasing an input?
  1. Whenever the quoted purchase price is lower, regardless of safeguards.
  2. When the complete purchasing safeguards and uncertainty make buying more costly or unsuitable.
  3. Whenever a supplier exists.
  4. Only when the firm never values stakeholders.
Dyck et al. (2026), Chapter 7, 7.6
39Chapter 3 · Management and Financial Well-Being A firm seeks maximum owner returns while reducing harms to key stakeholders when financially worthwhile. Which economic approach fits?
  1. An approach that excludes monetary value entirely.
  2. Sustenance economics.
  3. Hybrid economics.
  4. A pre-monetary clan economy.
Chapter 3, 3.2.2 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
40Chapter 1 · Introduction to Management A manager relays a policy update to members of her own department. Which role is emphasized?
  1. Monitor
  2. Spokesperson
  3. Negotiator
  4. Disseminator
Chapter 1, §1.3.1
41Chapter 7 · The Decision-Making Process A bakery pays for certification to ensure purchased flour is really organic. How is that expense classified here?
  1. A revenue stream
  2. Direct wheat-growing cost
  3. A sunk cost by definition
  4. Transaction cost
Dyck et al. (2026), Chapter 7, 7.6
42Chapter 7 · The Decision-Making Process An organization keeps a harmful system mainly because it already has the structure in place. What factor fits?
  1. Customer power
  2. Rare resources
  3. Entrepreneurial opportunity identification
  4. Administrative inertia
Dyck et al. (2026), Chapter 7, 7.5.2
43Chapter 3 · Management and Financial Well-Being A government sets a maximum number of imported garments. What instrument is this?
  1. A living wage.
  2. A producer subsidy.
  3. A tariff.
  4. A quota.
Chapter 3, 3.4.2 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
44Chapter 6 · Entrepreneurship Which elevator pitch is strongest in terms of the chapter's requirements?
  1. A guarantee of success without evidence
  2. A concise problem, solution, major obstacle, response and customer benefit
  3. A complete technical manual with no clear purpose
  4. A long history of the founder with no user problem
Dyck et al. (2026), Chapter 6, 6.3.2
45Chapter 2 · A Short History of Management Theory and Practice A planner uses mathematical models to compare alternative allocations of scarce resources. Which broad field is illustrated?
  1. Figurehead representation
  2. Management science
  3. Householding alone
  4. Informal organization alone
Chapter 2, §2.3.3
46Chapter 6 · Entrepreneurship Supporters each contribute small amounts through a platform to fund a venture. What method is described?
  1. Automatic equity ownership
  2. Only venture capital
  3. A sole-proprietorship legal form
  4. Crowdfunding
Dyck et al. (2026), Chapter 6, 6.3.4
47Chapter 2 · A Short History of Management Theory and Practice What does Smith’s pin-factory illustration primarily demonstrate?
  1. Specialization and division of labor can increase coordinated productivity
  2. Every worker must make the whole product independently
  3. Corporations have no effects on social power
  4. All high productivity eliminates negative externalities
Chapter 2, §2.2.5
48Chapter 3 · Management and Financial Well-Being ACU rejects a fee increase that would maximize profit but exclude financially insecure members. Which rationale most closely matches the opening case?
  1. Financial viability serves member and community well-being.
  2. Every profitable choice is necessarily best for society.
  3. Banking institutions should avoid earning any surplus.
  4. The purpose of a cooperative is to maximize external shareholder dividends.
Chapter 3, 3.0 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
49Chapter 9 · Implementing Strategy Why should a start-up map suppliers, customers, rivals, members and other affected parties with two-way arrows?
  1. Only customers can influence a firm.
  2. Each relationship can influence and be influenced by the venture.
  3. A map freezes every relationship permanently.
  4. Externalities cannot affect stakeholders.
Dyck et al. (2026), Chapter 9, 9.6
50Chapter 8 · Formulating Strategy An SBU has high share in a mature, low-growth industry. Which BCG category applies?
  1. Star
  2. Cash cow
  3. Question mark
  4. Pet
Dyck et al. (2026), Chapter 8, 8.5.2
51Chapter 4 · Management and Ecological Well-Being What is a careful conclusion about place-based organizing?
  1. It always prevents every social inequality.
  2. Geographic closeness guarantees zero emissions.
  3. It has no connection to ownership or resources.
  4. It can improve stewardship and relationships, but production methods still require assessment.
Chapter 4, 4.2.1 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
52Chapter 2 · A Short History of Management Theory and Practice A firm uses competence-based appointments, formal records, and impersonal decision rules. Which approach fits?
  1. Personal favoritism as the main organizing rule
  2. McGregor’s Theory Y alone
  3. The Hawthorne effect
  4. Weber’s bureaucratic organizing
Chapter 2, §2.3.1
53Course tools · Ethics and Business Case Analysis An online storefront helps customers evaluate, purchase and receive a product. Which BMC block is most direct?
  1. Key partnerships
  2. Cost structure
  3. Channels
  4. Customer segments
Business Model Generation · nine building blocks; Canvas BMC page
54Chapter 9 · Implementing Strategy An organization establishes how it will respond if a key supplier stops delivering. What is this?
  1. Information distortion
  2. A mission statement only
  3. Contingency planning
  4. Accidental success
Dyck et al. (2026), Chapter 9, 9.3.2
55Chapter 9 · Implementing Strategy Which part of strategy was intended and actually put into practice?
  1. A possible contingency never activated
  2. Emergent strategy
  3. Unimplemented strategy
  4. Deliberate strategy
Dyck et al. (2026), Chapter 9, 9.5.1
56Chapter 6 · Entrepreneurship A small cafe has operated unchanged under inherited management. Which statement is most accurate?
  1. Family inheritance always proves innovation.
  2. It is entrepreneurial solely because it has few employees.
  3. Small firms cannot become entrepreneurial.
  4. Its small size does not by itself make its manager an entrepreneur.
Dyck et al. (2026), Chapter 6, 6.2.1
57Chapter 4 · Management and Ecological Well-Being Which lecture example is an externality?
  1. A factory's pollution imposes community harm that is absent from its recorded expenses.
  2. The recorded cash receipt from a clothing sale.
  3. The recorded wage payment to a worker.
  4. The recorded invoice paid for fabric.
Lecture slide 4 · Management and Holistic Well-being · Canvas FDNMANP_C17A
58Chapter 8 · Formulating Strategy Which vision statement quality is recommended by the textbook?
  1. Clear and stable while future oriented and challenging
  2. Focused solely on completed past tasks
  3. Long enough to include every operating rule
  4. Rewritten every week
Dyck et al. (2026), Chapter 8, Table 8.2
59Chapter 6 · Entrepreneurship Community feedback causes a founder to revise the idea after pilot tours. What does this demonstrate?
  1. Planning makes feedback unnecessary.
  2. The opportunity was permanently fixed at launch.
  3. The entrepreneurial process is iterative.
  4. The business model cannot be changed.
Dyck et al. (2026), Chapter 6, 6.3
60Chapter 1 · Introduction to Management A manager explains the department’s decisions at a public press briefing. Which role is emphasized?
  1. Disseminator
  2. Spokesperson
  3. Resource allocator
  4. Monitor
Chapter 1, §1.3.1
61Chapter 5 · Management and Social Well-Being Why is the absence of war insufficient to establish the fullest meaning of peace?
  1. Stable order can coexist with oppression, inequality, or lack of dignity.
  2. Every stable empire necessarily treats all groups fairly.
  3. Social justice is defined solely by military expenditure.
  4. Peace has no connection to freedom or harmony.
Chapter 5, 5.4.1 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
62Chapter 8 · Formulating Strategy A firm has an ability essential to its goals but no superiority over competitors. What does this establish?
  1. A core competency, but not necessarily a distinctive one
  2. A distinctive competency by definition
  3. A substitute from another industry
  4. A corporate divestment
Dyck et al. (2026), Chapter 8, 8.3.2
63Chapter 9 · Implementing Strategy A successful new distribution practice was not anticipated in the original strategy. What is it?
  1. A standing plan that already prescribed it
  2. Emergent strategy
  3. An original intended action only
  4. Unimplemented strategy
Dyck et al. (2026), Chapter 9, 9.5.1
64Chapter 5 · Management and Social Well-Being Which example most clearly illustrates a non-instrumental relationship?
  1. A manager befriends someone exclusively to obtain privileged information.
  2. A buyer speaks to suppliers only to extract lower prices.
  3. Two colleagues support one another through difficulty without expecting professional returns.
  4. A salesperson networks solely to increase commission.
Chapter 5, 5.3 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
65Chapter 5 · Management and Social Well-Being What does the Banker's Paradox warn about in social relationships?
  1. Transactional logic can neglect people with high needs and little ability to provide returns.
  2. Financial risk has no analogy to social investment.
  3. The greatest need always attracts the most transactional investment.
  4. Friendship is necessarily equivalent to a market contract.
Chapter 5, 5.3 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
66Chapter 1 · Introduction to Management A firm minimizes production costs while achieving a socially harmful goal. Which conclusion follows?
  1. It may be efficient without being effective under a broader goal criterion
  2. Efficiency proves the goal is appropriate
  3. All management approaches necessarily judge it equally successful
  4. Effectiveness concerns only cost minimization
Chapter 1, §1.3.2
67Chapter 5 · Management and Social Well-Being A fundraiser meets students who benefit from the scholarships being funded. Which job characteristic becomes more visible?
  1. Import quota.
  2. Task significance.
  3. Ecological footprint.
  4. Currency liquidity.
Chapter 5, 5.2.4 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
68Chapter 6 · Entrepreneurship Which information belongs in the new venture description?
  1. Only recruitment, staff training and compensation
  2. Opportunity, target market, mission, vision, strategy and legal form
  3. Only production methods and supplier arrangements
  4. Only a five-year financial forecast and break-even estimate
Dyck et al. (2026), Chapter 6, 6.3.3
69Chapter 5 · Management and Social Well-Being A manager exports home-country practices believing they are inherently superior to local ones. Which orientation is this?
  1. Ethnocentrism.
  2. Egalicentrism.
  3. Polycentrism.
  4. Job crafting.
Chapter 5, 5.4.2 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
70Chapter 9 · Implementing Strategy What is the strongest monitoring conclusion when a goal is met?
  1. Ignore any external changes.
  2. Assume the plan caused success.
  3. Treat all deviations as failure regardless of outcome.
  4. Investigate whether the plan, unplanned actions or external events produced it.
Dyck et al. (2026), Chapter 9, 9.4
71Chapter 4 · Management and Ecological Well-Being Which statement captures the precautionary principle?
  1. For reasonably risky actions, lack of conclusive harm evidence is not enough; proponents should demonstrate safety.
  2. Assume all new technology is inherently harmful without assessment.
  3. Use every chemical until harm is conclusively established.
  4. Consider only short-term financial returns when safety is uncertain.
Chapter 4, 4.2.4 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
72Chapter 6 · Entrepreneurship What is a major advantage of a Business Model Canvas over a lengthy static plan?
  1. It makes component relationships and revisions easier to see.
  2. It eliminates the need for evidence.
  3. It excludes social and environmental effects.
  4. It supplies guaranteed five-year forecasts.
Dyck et al. (2026), Chapter 6, 6.3.3
73Chapter 4 · Management and Ecological Well-Being A company markets recyclable bottles but encourages ever more single-use consumption and shifts blame to consumers. What should an analysis examine?
  1. Only whether its advertisement uses green colors.
  2. The assumption that recycling claims settle every life-cycle impact.
  3. Only whether customers have ever littered.
  4. Both the production model and the credibility and boundaries of its sustainability claims.
Chapter 4, 4.3.2 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
74Chapter 9 · Implementing Strategy A workgroup follows every step of its plan and reaches its target. Which outcome applies?
  1. Bungled attempt
  2. Planned success
  3. Accidental success
  4. Planning failure
Dyck et al. (2026), Chapter 9, 9.4
75Chapter 1 · Introduction to Management A department head attends a ribbon-cutting solely to represent the department ceremonially. Which role best fits?
  1. Monitor
  2. Resource allocator
  3. Figurehead
  4. Negotiator
Chapter 1, §1.3.1
76Course tools · Ethics and Business Case Analysis A company uses its trusted brand to respond to an external competitor’s imitation products. Which TOWS pairing fits?
  1. WO
  2. ST
  3. WT
  4. SO
Canvas SWOT and international collaboration course pages
77Chapter 1 · Introduction to Management A manager chooses a new product strategy and estimates the resources it requires. Which function is central?
  1. Leading
  2. Organizing
  3. Controlling
  4. Planning
Chapter 1, §1.3.1
78Chapter 1 · Introduction to Management A manager divides limited equipment time among three departments. Which role best fits?
  1. Negotiator
  2. Monitor
  3. Resource allocator
  4. Spokesperson
Chapter 1, §1.3.1
79Chapter 2 · A Short History of Management Theory and Practice Two departments achieve more together than the sum of what each could achieve separately. What is illustrated?
  1. Entropy
  2. Synergy
  3. Bounded rationality
  4. Institutionalization
Chapter 2, §2.3.3
80Chapter 7 · The Decision-Making Process A SET bakery buys locally despite a cheaper foreign input because community and ecological effects matter to its mission. Which conclusion fits?
  1. Transaction costs are always zero locally.
  2. Make-or-buy criteria can extend beyond the lowest purchase price.
  3. SET firms need no financial viability.
  4. All local suppliers are guaranteed trustworthy.
Dyck et al. (2026), Chapter 7, 7.6
81Chapter 7 · The Decision-Making Process A manager repeatedly overlooks unsafe working conditions because the familiar dashboard shows only profit. What best explains this?
  1. A cognitive script is filtering what counts as a problem.
  2. All decisions occur under certainty.
  3. Programmed decisions never involve values.
  4. More data automatically eliminates bias.
Dyck et al. (2026), Chapter 7, 7.2
82Chapter 5 · Management and Social Well-Being The lecture asks managers to consider purpose, interaction, activity, stressors, and coping. What is the most appropriate use of this list?
  1. Use it to require employees to disclose medical histories.
  2. Use it as a discussion framework for supportive conditions, rather than a diagnosis of every employee.
  3. Treat it as proof that all distress has one workplace cause.
  4. Assume an isolated productivity program settles every well-being issue.
Lecture slides 26, 35 · Management and Holistic Well-being · Canvas FDNMANP_C17A
83Chapter 4 · Management and Ecological Well-Being Why is high agricultural output per worker insufficient to prove energy efficiency?
  1. Worker productivity and system energy efficiency are identical.
  2. Chemical inputs require no production energy.
  3. Only calories expended by human workers count as inputs.
  4. Machinery, fertilizers, transport, and processing may require substantial energy inputs.
Chapter 4, 4.2.3 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
84Chapter 5 · Management and Social Well-Being Which combination identifies TBLb in Figure 5.1?
  1. Transcendent source and individualistic focus.
  2. Materialistic source and individualistic focus.
  3. Materialistic source and holistic focus.
  4. Transcendent source and holistic focus.
Chapter 5, 5.2.4, Figure 5.1 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
85Course tools · Ethics and Business Case Analysis Which statement correctly describes this practice exam’s status?
  1. It guarantees the actual quiz questions
  2. It is an original preparation aid; the syllabus lists actual quizzes as Level 0
  3. It authorizes live AI assistance during every assessment
  4. It is the instructor’s recovered answer key
FDNMANP syllabus and GENERATIVE AI USE POLICY – FDNMANP
86Chapter 7 · The Decision-Making Process A project leader presents only favorable feedback and dismisses every negative indicator. Which factor is most evident?
  1. Supplier certification
  2. Economies of scale
  3. Information distortion
  4. Explicit uncertainty
Dyck et al. (2026), Chapter 7, 7.5.2
87Course tools · Ethics and Business Case Analysis A group recommends a lower-scoring ACA. What does the template require?
  1. Change the other scores without reasons
  2. Hide the score totals
  3. Explain why the recommendation differs from the numerical result
  4. Treat numerical scores as irrelevant
FDNMANP_BCA_Template · Sections 1–4; Business Case Analysis Outline
88Course tools · Ethics and Business Case Analysis A firm designs long-lasting products, offers repair and educates customers about avoiding unnecessary replacement. Which archetype fits best?
  1. Substitute with renewables and natural processes
  2. Develop scale-up solutions
  3. Create value from waste
  4. Encourage sufficiency
Sustainable Business Model Archetyles and the Business Model Canvas · course handout
89Course tools · Ethics and Business Case Analysis How should a student reconcile Canvas’s ten-country ASEAN list with current membership?
  1. Recall it as the course mnemonic and note Timor-Leste made membership eleven in October 2025
  2. Treat membership as identical to a franchising contract
  3. Assume every country in Asia is a member
  4. Claim ASEAN still has ten members today
ASEAN Secretariat · https://asean.org/about-asean/; membership current 12 October 2026
90Chapter 9 · Implementing Strategy A department commits to completing 100 repairs within three months. What type of goal is this?
  1. An industry-entry barrier
  2. An unrelated SBU
  3. A vision only
  4. Operational
Dyck et al. (2026), Chapter 9, 9.2
91Chapter 8 · Formulating Strategy An activity strongly restores social well-being but still creates large ecological harms. Which alternative matrix category fits?
  1. Fragile player
  2. Cash cow
  3. Sustainability hero
  4. Innocent bystander
Dyck et al. (2026), Chapter 8, 8.5.2
92Chapter 1 · Introduction to Management A factory machine unexpectedly fails and a manager arranges an emergency response. Which role best fits?
  1. Disturbance handler
  2. Disseminator
  3. Entrepreneur
  4. Figurehead
Chapter 1, §1.3.1
93Chapter 2 · A Short History of Management Theory and Practice Which statement correctly describes limited liability in the chapter’s corporate discussion?
  1. Owners’ financial exposure is limited under the legal arrangement, generally to their investment
  2. The organization cannot ever be sued
  3. Managers may ignore legal obligations
  4. A corporation has no separate legal identity
Chapter 2, §2.2.5
94Chapter 4 · Management and Ecological Well-Being A grocery chain reduces waste because saved inventory costs raise profits. Which interpretation is best?
  1. The practice is consistent with TBL when financial gain is its main criterion.
  2. Any waste reduction necessarily proves SET purpose.
  3. Financial gains prevent a practice from reducing ecological harms.
  4. Waste can only occur at the household level.
Chapter 4, 4.2.3 · https://pressbooks.openedmb.ca/management/chapter/chapter-4/
95Chapter 6 · Entrepreneurship An investor receives ownership shares and a say in major decisions. What financing is described?
  1. Supplier trade credit with no ownership
  2. Debt financing
  3. Equity financing
  4. A guaranteed reward donation
Dyck et al. (2026), Chapter 6, 6.3.3
96Chapter 3 · Management and Financial Well-Being Which institution primarily addresses monetary stability and balance-of-payments problems?
  1. A local organic bakery.
  2. The International Monetary Fund.
  3. The World Fair Trade Organization.
  4. Worldwide Responsible Accredited Production.
Chapter 3, 3.4.3 · https://pressbooks.openedmb.ca/management/chapter/chapter-3/
97Chapter 8 · Formulating Strategy A service reduces harmful waste even when doing so lowers its margin, while staying financially viable. Which strategy best fits?
  1. TBL only because it has customers
  2. Question mark
  3. FBL cost leadership by definition
  4. SET minimizer
Dyck et al. (2026), Chapter 8, 8.5.1
98Chapter 8 · Formulating Strategy A virtual meeting service replaces some demand for airline business travel. What force does it illustrate?
  1. Upward integration
  2. A human resource
  3. Substitutes
  4. Only direct airline rivalry
Dyck et al. (2026), Chapter 8, 8.4.3
99Chapter 6 · Entrepreneurship Which canvas component describes how a service reaches its users?
  1. Key resources
  2. Management succession
  3. Distribution channels
  4. Cost structure
Dyck et al. (2026), Chapter 6, Table 6.2
100Chapter 8 · Formulating Strategy A retailer lowers costs by reducing energy use and packaging, thereby improving profit. Which strategy fits?
  1. Unrelated diversification
  2. TBL cost leadership
  3. A random decision model
  4. SET transformer solely because it saves money
Dyck et al. (2026), Chapter 8, 8.5.1