Question : 41. (p. 130) Which of the following NOT consistent with the American view : 1242229

41. (p. 130) Which of the following is NOT consistent with the American view on the independent enterprise? 
A. The independent enterprise is an instrument for social action.
B. A corporation is an entity that has continuity of existence.
C. A corporation is a separate and vital social institution.
D. Strong feelings of obligation to serve the company accompany the views on a corporation.
E. Usually, family and friends take precedence over the company.

42. (p. 130) Which of the following is the fundamental concept of U.S. corporations? 
A. Individual self-interest is socially beneficial.
B. The corporation has no soul.
C. An organization is the world in miniature.
D. Independent enterprise is an instrument for social action.
E. The government should be an integral part of any organization.

43. (p. 131) According to the text, which of the following is the most fundamental notion in Western management? 
A. The “master of destiny” philosophy
B. Decisions based on objective analysis
C. Wide sharing in decision making
D. Never-ending quest for improvement
E. Competition is crucial for efficiency

44. (p. 131) Adam Smith in his Wealth of Nations stated, “By pursuing his own interest he frequently promotes that of the society more effectually than when he really intended to promote it.” Which of the following notions is most closely associated with this view as stated by Adam Smith? 
A. Master of destiny
B. Caveat emptor
C. Greed is good
D. The invisible hand
E. Survival of the fittest

45. (p. 132) In _____ countries, subordinates are not likely to contradict bosses, but in _____ countries, they often do. 
A. low collectivism; low PDI
B. low PDI; high individualism
C. high-PDI; low-PDI
D. high individualism; high collectivism
E. high-PDI; low individualism

46. (p. 132) Which of the following firms is most likely to practice top-level management decision making? 
A. A team of sales professionals working as a unit to achieve set targets
B. A winery owned and run by the owner-manager family
C. A franchise of an international engineering firm
D. A hospital formed by service-minded doctors
E. A web content development company run by professionals with industry experience

47. (p. 132) As businesses grow and professional management develops, there is a shift toward: 
A. dilution of standards in decision making.
B. decentralized management decision making.
C. centralized decision making.
D. concentration of authority.
E. laissez-faire management.

48. (p. 132) Which of the following is the distinguishing characteristic of committee decision making? 
A. Decision making is centralized.
B. Decision making is decentralized.
C. Decision making follows a bottom-up approach.
D. Decision making is done by upper management.
E. Decision making is by consensus.

49. (p. 132) Which of the following forms of business decision-making characterizes most Asian countries? 
A. Independent
B. Contractual
C. Dual
D. Consensus
E. Dictatorial

50. (p. 132) What explains the fact that group decision making predominates in Asian cultures? 
A. Asian leaders consider themselves benevolent and inclusive leaders.
B. Asian cultures lack sufficient aggressiveness for bold individual decision making.
C. Most Asian cultures and religions emphasize harmony and collectivism.
D. Most Asian countries lack expert professionals capable of bold decision making.
E. Ownership, if things go wrong, is distributed amongst all decision makers.