Pre-1700s Societal Stage Quiz

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Questions and Answers

During the stage prevalent prior to the 1700s, what was the main characteristic of technology?

  • Cutting-edge technological advancements
  • Limited to handmade tools, transportation, and the printing press (correct)
  • Advanced machinery and automation
  • Access to modern computers and electricity

What was a key feature of the economy during the pre-1700s stage characterized by subsistence farming?

  • High level of technology and automation
  • Low reliance on agricultural labor
  • High levels of trading and commerce
  • Intensive labor and low levels of trading (correct)

What type of labor was primarily required in the societies before the 1700s?

  • Industrial labor
  • Technological labor
  • Agricultural labor (correct)
  • Service labor

Which of the following accurately describes the perspective of society before the 1700s regarding trading and technology?

<p>Low levels of trading and lack of a scientific perspective on technology (A)</p> Signup and view all the answers

What was the primary mode of exchange in the primitive societies before the 1700s?

<p>Community bartering (D)</p> Signup and view all the answers

In which period do societies establish the preconditions for take-off, marked by an increase in productivity like in Europe during the 1700s and 1800s?

<p>'Transition' stage between traditional and take-off society (B)</p> Signup and view all the answers

What is the primary function of managers at all levels?

<p>Planning (C)</p> Signup and view all the answers

Which of the following statements about planning is true?

<p>Planning is based on facts and information (B)</p> Signup and view all the answers

What does an action plan represent in the planning process?

<p>The means by which an organization achieves its goals (A)</p> Signup and view all the answers

Which of the following is NOT a characteristic of planning according to the text?

<p>Planning is an easy task (C)</p> Signup and view all the answers

What do goals represent in the planning process?

<p>The end statement, targets, and results that managers hope to achieve (D)</p> Signup and view all the answers

Which of the following statements is NOT true about planning according to the text?

<p>Planning is a rigid process with no flexibility (C)</p> Signup and view all the answers

What is the primary focus of corporate level planning?

<p>Identifying strategic options and core competencies (A)</p> Signup and view all the answers

At the business level, what type of competition do enterprises engage in?

<p>Price competition or unique selling point competition (C)</p> Signup and view all the answers

How can a business demonstrate its uniqueness, according to the text?

<p>Through product or service provision that commands higher margins (A)</p> Signup and view all the answers

Which of the following is NOT considered a support function at the functional level?

<p>Pricing strategies (A)</p> Signup and view all the answers

What is the purpose of functional level strategies?

<p>To strengthen overall corporate and business strategies (B)</p> Signup and view all the answers

Which level of planning is considered necessary for the entire lifetime of an organization?

<p>Corporate level (B)</p> Signup and view all the answers

What is the purpose of a strategic plan?

<p>To provide a forward-looking and flexible vision for the organization (D)</p> Signup and view all the answers

Which of the following is NOT a component of a strategic plan?

<p>Operational Plan (A)</p> Signup and view all the answers

What is the purpose of a tactical plan?

<p>To describe the tactics for achieving the ambitions outlined in the strategic plan (C)</p> Signup and view all the answers

What is the primary focus of an operational plan?

<p>Short-term objectives and day-to-day operations (B)</p> Signup and view all the answers

Which type of plan is created for events or activities with a single occurrence?

<p>Single Use Plan (C)</p> Signup and view all the answers

What is the purpose of an ongoing plan?

<p>To establish policies, rules, or procedures for ongoing use (C)</p> Signup and view all the answers

What is the primary purpose of contingency planning?

<p>To prepare for unforeseen events or necessary modifications (D)</p> Signup and view all the answers

Which statement about contingency planning is true?

<p>It becomes more important as business environments become more complex (D)</p> Signup and view all the answers

What is the role of top-level managers in an organization?

<p>Set goals and provide leadership for the entire company (B)</p> Signup and view all the answers

Which level of managers is responsible for executing organizational plans and motivating lower-level managers?

<p>Middle-level managers (B)</p> Signup and view all the answers

What is the primary role of low-level managers in an organization?

<p>Carry out plans with the support of their staff (A)</p> Signup and view all the answers

Which statement about the management levels in an organization is true?

<p>Managers at higher levels have more authority over those below them (D)</p> Signup and view all the answers

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