Pre-1700s Societal Stage Quiz

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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?

Low levels of trading and lack of a scientific perspective on technology Signup and view all the answers

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

Community bartering 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?

'Transition' stage between traditional and take-off society Signup and view all the answers

What is the primary function of managers at all levels?

Planning Signup and view all the answers

Which of the following statements about planning is true?

Planning is based on facts and information Signup and view all the answers

What does an action plan represent in the planning process?

The means by which an organization achieves its goals Signup and view all the answers

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

Planning is an easy task Signup and view all the answers

What do goals represent in the planning process?

The end statement, targets, and results that managers hope to achieve Signup and view all the answers

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

Planning is a rigid process with no flexibility Signup and view all the answers

What is the primary focus of corporate level planning?

Identifying strategic options and core competencies Signup and view all the answers

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

Price competition or unique selling point competition Signup and view all the answers

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

Through product or service provision that commands higher margins Signup and view all the answers

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

Pricing strategies Signup and view all the answers

What is the purpose of functional level strategies?

To strengthen overall corporate and business strategies Signup and view all the answers

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

Corporate level Signup and view all the answers

What is the purpose of a strategic plan?

To provide a forward-looking and flexible vision for the organization Signup and view all the answers

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

Operational Plan Signup and view all the answers

What is the purpose of a tactical plan?

To describe the tactics for achieving the ambitions outlined in the strategic plan Signup and view all the answers

What is the primary focus of an operational plan?

Short-term objectives and day-to-day operations Signup and view all the answers

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

Single Use Plan Signup and view all the answers

What is the purpose of an ongoing plan?

To establish policies, rules, or procedures for ongoing use Signup and view all the answers

What is the primary purpose of contingency planning?

To prepare for unforeseen events or necessary modifications Signup and view all the answers

Which statement about contingency planning is true?

It becomes more important as business environments become more complex Signup and view all the answers

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

Set goals and provide leadership for the entire company Signup and view all the answers

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

Middle-level managers Signup and view all the answers

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

Carry out plans with the support of their staff Signup and view all the answers

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

Managers at higher levels have more authority over those below them Signup and view all the answers