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Course
MANAGEMENT BUS020N503
Subject
Management
Date
Dec 21, 2024
Pages
2
Uploaded by CoachEchidnaPerson1642
**Exam Name:** Managing Strategic Impacts in a Dynamic Market**Date:** [Random Date]**Duration:** [Random Duration]**Total Score:** [Random Score]---### Instructions:- Answer all questions on the provided answer sheet.- Show all your work for the calculation and drawing problems.- Multiple choice questions will not be scored for the displayed work.- Open-ended questions and calculation problems will be scored for both the process and the final answer.- Use appropriate diagrams, charts, and graphs where necessary.---1. **Multiple Choice (2 points each)**A. Which of the following is NOT a core concept in strategic management?a) Competitive advantageb) Corporate governancec) Organizational cultured) Business-level strategye) InternationalizationB. The concept of "span of control" is most closely related to which field of study?a) Strategic Managementb) Organizational Behaviorc) Operations Managementd) Human Resource Managemente) Project Management2. **Short Answer (5 points each)**A. Briefly explain the difference between strategic planning and strategic management.B. What is meant by the term "organizational culture," and how can it affect business performance?
3. **Open-Ended (10 points each)**A. Discuss the importance of leadership in managing organizational change. Use specific examples to illustrate your points.B. Critically analyze the role of human resources in fostering innovation within an organization.4. **Multiple Choice (2 points each)**A. In project management, which of the following is NOT one of the triple constraints?a) Scopeb) Qualityc) Timed) Budgete) ResourcesB. Which of the following financial statements provides information about a company's financial performance over a period of time?a) Balance sheetb) Income statementc) Cash flow statementd) Statement of retained earningse) All of the above5. **Calculation (10 points)**A company has an income before taxes of $2,000,000 and a tax rate of 30%. What is the after-tax income?---**Please keep 3 blank lines between each question. Continue answering on the next page.**