FMST350 Chapter 4 Questions

Question 1

3 out of 3 points

Normative isomorphism arises when organizations are influenced by the same standards of:

Selected Answer:

professional practice.

  • Question 2

    3 out of 3 points

    When individuals do not have complete information or lack the ability to understand or judge the quality of the good they seek to purchase, there is:

    Selected Answer:

    information asymmetry.

  • Question 3

    3 out of 3 points

    One significant risk of resource dependency is actions taken by the nonprofit to alter its goals and activities to satisfy the contributor of funds. This is also called:

    Selected Answer:

    goal displacement.

  • Question 4

    3 out of 3 points

    Mary is writing strict organizational policies for a public sector organization. Mary is practicing:

    Selected Answer:

    bureaucracy.

  • Question 5

    3 out of 3 points

    According to Edgar Schein, logos, ceremonies, and symbols belong to this defined category of culture.

    Selected Answer:

    Artifacts and creations

  • Question 6

    3 out of 3 points

    ____________ enables the system to adapt to changing circumstances.

    Selected Answer:

    Feedback

  • Question 7

    3 out of 3 points

    Those who benefit without paying are called:

    Selected Answer:

    free riders.

  • Question 8

    3 out of 3 points

    A nonprofit organization is decides to manufacture its own brand of aspirin to sell to its clients. The nonprofit is applying:

    Selected Answer:

    supply-side theory.

  • Question 9

    3 out of 3 points

    The CEO of a nonprofit organization is preparing a data information system to monitor if organizational donations are meeting an organizational goal. The CEO is controlling his organization’s performance through the use of:

    Selected Answer:

    outcome measures.

  • Question 10

    3 out of 3 points

    Mary went grocery shopping for food to feed her family.Mary is buying:

    Selected Answer:

    private goods.

  • Question 11

    3 out of 3 points

    Salamon identifies nonprofits as:

    Selected Answer:

    self-governing.

  • Question 12

    3 out of 3 points

    ____________ refers to the tendency of organizations to mimic each other, specifically in models to be adopted.

    Selected Answer:

    Mimetic isomorphism

  • Question 13

    3 out of 3 points

    Great companies that produce excellent results have:

    Selected Answer:

    strong cultures.

  • Question 14

    3 out of 3 points

    In Grant Thornton’s 2012 survey of nonprofit boards, what activity/responsibility was identified as the “most important focus”?

    Selected Answer:

    Strategic planning

  • Question 15

    3 out of 3 points

    In 2005, who assembled a panel of experts to identify those practices that lead to effective governance in an organization?

    Selected Answer:

    BoardSource

  • Question 16

    3 out of 3 points

    Chait, Ryan, and Taylor call for the board and the CEO to focus their attention on:

    Selected Answer:

    the critical issues facing the organization.

  • Question 17

    3 out of 3 points

    Establishing the organization mission is the responsibility of its:

    Selected Answer:

    board.

  • Question 18

    3 out of 3 points

    ______________ means that a person is perceived by himself and the board of directors as the organization’s formal authority.

    Selected Answer:

    Psychological centrality

  • Question 19

    3 out of 3 points

    George retired from a local law firm and then volunteered to oversee a nonprofit’s legal records. George is performing the duties of a:

    Selected Answer:

    corporate secretary.

  • Question 20

    3 out of 3 points

    Today’s boards are being exhorted not only to raise money and promote the organization but also to:

    Selected Answer:

    be more aggressive in monitoring performance.

  • Question 21

    3 out of 3 points

    When a board is operating in the fiduciary mode, it is concerned with:

    Selected Answer:

    matters such as stewardship of tangible assets, faithfulness to mission, performance accountably, and obedience to law.

  • Question 22

    3 out of 3 points

    This concept states that a board member or officer of the organization cannot unreasonably benefit from the organization’s funds.

    Selected Answer:

    Private inurement

  • Question 23

    3 out of 3 points

    Excess benefit transaction is:

    Selected Answer:

    when a person’s compensation is deemed in excess of the value of his or her services.

  • Question 24

    3 out of 3 points

    According to BoardSource, exceptional boards shape and uphold their organization’s mission, articulate a compelling vision, and ensure the congruence between:

    Selected Answer:

    decisions and core values.

  • Question 25

    3 out of 3 points

    A nonprofit board of directors is establishing ground rules that inform members what type of fundraising efforts would not be allowed. The board is setting a policy that Carver would refer to as:

    Selected Answer:

    means to the end.