1. In centralized decision making, authority is
   
   

Ashared throughout the organization.

Bdelegated to wherever it's needed to solve problems.

Ckept at senior management levels.

Dpushed down to front-line employees.

1. Which of the following types of organizations operate to protect, preserve, and educate citizens?
   
   

ANonprofit

BMutual-benefit

CPorous

DCommonweal

1. How do organizations formulate and implement strategies that provide a competitively superior fit between the organization and its environment to achieve its goals?
   
   

ADeveloping stretch goals

BBecoming porous organizations

CDuring supernormal growth business cycles

DUsing the strategic management process

1. Employee empowerment can be found in _______ departments.
   
   

Alegacy

Bsemi-silo

Cagile

Dsilo

1. Which of the following considers both owners and customers when making management decisions?
   
   

AC-corporation

BLimited liability company (LLC)

CB-corporation

DS-corporation

1. Juan found a supplier that costs 20% less than all other suppliers who provide the same quality. This is an example of
   
   

Aefficiency.

Bproductivity.

Ceconomy.

Deffectiveness.

1. Which of the following measures how well a job is performed?
   
   

AEconomical

BEfficiency

CEffectiveness

DProductivity

1. Which of the following measures the total market value of all final goods and services produced by a country in a given year?
   
   

AConsumer price index (CPI)

BProducer price index (PPI)

CGross national product (GNP)

DGross domestic product (GDP)