This post provides the latest mgt503 quiz 2 solution with an answer that helps in test and exam paper preparation.

MGT503 Quiz 2 Solved

1) Which of the following example best describes Socio-cultural Trends

1. Trade Agreements and Alliances
2. Inflation and interest rate
3. Lawsuits filled by customers
4. Sits in demand of products

2) First line supervisions generally deal with repetitive and routine tasks, therefore; decisions made by them are:

1. Ill-structured decisions
2. Novel decisions
3. Non-programmed decisions
4. Programmed decisions

3) Non-programmed decisions are typically made under a condition of which of the following

1. Certainly
2. Uncertainly
3. Low levels of risk
4. Reliability

4) The degree to which management decisions take into consideration the effect on people within the organization is called:

1. Team Orientation
2. People Orientation
3. Outcome orientation
4. Stability

5) A publisher of school -books conducted a survey and found that the number of school going children is increasing According to the research, he decided about the number of books to be printed. This scenario portrayed which of the following decision-making situation

1. Ambiguity
2. Risk
3. Uncertainly
4. Certainly

6) Which ethical approach is guided by the principle of” greatest good for the greatest number of people”

1. Justice approach
2. Moral-Rights approach
3. Utilitarian approach
4. Individual approach

7) Which of the following is NOT a valid assumption about rationality

1. A single well-defined goal is to be achieved
2. The problem is clear and unambiguous
3. Preferences are constantly changing
4. Preferences are clear

8) Which of the following view is concerned with respecting and protecting individuals’ liberties and privileges such as the rights to privacy, free speech and safety of life

1. Utilitarian view
2. Social contract’s view
3. Rights view
4. Justice view

9) Which of the following is Not a purpose of World Trade Organizations (WTO)

1. Promote global trade
2. Reduce the wasteful activities
3. Promote regional trade with favored nations
4. All of the given

10) Which of the following is not among the external forces that create the need for change in the organizations

1. New equipment
2. Government regulations
3. Labor markets
4. Technology

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