C. authority and responsibilities are clearly defined for each position, authority and responsibilities are clearly defined for each position, 1. Do You Know How To Survive In The Wild? Administering rewards, Barriers to effective control systems including goal displacement, suboptimization, measurementship and falsifying, -Goal displacement: lack of goal congruence created by the motivation to achieve some goals sought by the organization at the expense of other intended goals WebThe exam contains approximately 100 questions to be answered in 90 minutes. C. planning, organizing, leading, and controlling. Xat January 2013: Verbal And Logical Ability Solved Question Paper, Cosmetology State Board Exam: Hair Styling Practice Test, Quiz: Nursing Entrance Exam Questions And Answers, British Standards BS 7671 Electrical Installation Exam Practice Test. This set includes 80 practice questions divided into two parts. Some of these are pretest questions that will not be scored. Quiz: What Will I Look Like When I'm Older? A. C. efficient, rational manner, 1. What are the 4 generic industry structure? At December 31, 2021, the book value of the equipment was $28 million. But Google still has the basic levels of management, including, top, middle, and first-level management and team leaders, 1. Interrupt her to ask for clarification. A. -Espoused vs enacted: do the actions of employees reflect what is stated, Definition of the organization and organizing, -Organization: system of consciously coordinated activities or forces of two of more people Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. -Delegation: process managers use to transfer authority to the lowest possible level, -Tall structure: narrow span and more levels B. WebManagement. Method for providing feedback 6. C. in your market, 1. Each team is 3 to 4 people who work independently of other teams, but each team posts weekly to a company blog about what they are doing. A. base pay for first-class workers 1.2.4.4 -Project Management Processes - 4 cards. Competitive Advantage. Civil wars, political coups, terrorism, wars between countries, famines, and country or regionaleconomic recessions are all examples of which element of the general environment? B. scheduling chart Which of the following bases of product differentiation attempts to create the perception that afirm's products or services are unusually valuable by focusing on links within and between firms? A study plan and list of online resources. Management activities are often grouped into four categories. One of the responsibilities of operations managers is to IMPROVE the efficiency of product development and manufacturing. Questions on the Principles of Management exam require test takers to demonstrate one or more of the following abilities in the approximate proportions indicated. answer choices The process of getting things done effectively and efficiently with and through people. -RATER scale: enables customers to rate the quality of service along dimensions like reliability, assurance, tangibles, empathy, responsiveness, -Also called lean production, not machines or technology but employee involvement, Sharing financial info and results with all employees, -Financial, customer, internal business, innovation and learning, comprehensive management control system, -Economic value added: company's net operating profit minus the cost of capital invested in the company's tangible assets, Management control tools including Gantt Charts and Pert diagrams, -Gantt charts: Interactive calendar 1.2.4.4 -Project Management Processes - 4 cards. Guide to understanding how CLEP scores are calculated and credit-granting recommendations for all exams. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. How are these evaluations typically used? A. lifetime employment guarantees -High context culture: people rely heavily on situational cues for meaning when communicating with others, Hosfstedes model of four cultural dimensions, -1. Tutor B. B. Henry Ford B. She is not a native English speaker. Management activities are often grouped into four categories. Protect the company. A. Name The procedure wherein managers evaluate the in That necessity leads to the buyer-supplier relationship. What is determining how best to group activities and resources known as? D. All stakeholders except clients. You found a huge error in a report that is going to the president of the company shortly. Identify and define market 3. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. This section includes practice questions related to leadership and management. -Integration: tendency of the parts of an organization to draw together to achieve a common purpose, Stages in the life of the organization, the transitions from small to large firms, and the pyramid of organizational development tasks, -Birth stage: organization is created XAT January 2013: Verbal and Logical Ability Solved Question Paper. B. However, more advanced virtualization techniques are required to understand Big Data. A. Henri Fayol Masculinity/femininity-how much do people embrace stereotypical male or female traits, The Globe Projects nine cultural dimensions, -Power distance, uncertainty avoidance, institutional collectivism, in group collectivism, gender egalitarianism, assertiveness, future orientation, performance orientation, and human orientation, The definition of culture: Values, beliefs and norms, -Culture: values, beliefs, and norms that a set of people shares D. Using color-coded file folders for different subjects, D. Using color coded file folders for different subjects. Max Weber believed a structured organization, a bureaucracy, would be the most logical and efficient. This is Apple's -Values: things that organizations hold most dear One of his rules was that com (if you click on learning you can choose between an "on-demand" product demo or you can schedule a "live" demo). Then explain one harm associated with both expected and unexpected inflation. -Must coordinate the efforts of diverse parts of an organization Financial strength can be a competitive advantage. Business -Strategy Implementation INTRODUCTION Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. A. C. Hire the right people to produce the product C. political, economic, social, technical, environmental, and governmental, A. political, economic, social, technological, environmental, and legal, 1. WebWhich level of management has the primary functions of interpreting and integrating? Write a review of the demo(s)you view and the trial version of any product(s) you test. The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. Provides more opportunities for advancement B. A. division of labor -Geocentric: accepts differences and similarities between home and foreign personnel and practices, Availability of supplies, new markets, lower labor costs, access to finance capital, avoid tariffs and import quotas, Global outsourcing, importing and exporting and counter trading, licensing and franchising, joint ventures, wholly owned subsidiaries, Barriers to international trade (tariffs, import quotas and embargoes), -Tariffs: duty or tax mainly on imports B. B. can increase the firms cost of developing its products or services - specifically by either charging a higher price or providing a lower quality, can decrease the price a firm is able to charge for its product or service, Meet approximately the same needs but do so in a different manner place a ceiling on the price a firm can charge for its products or services, The intensity of competition among the firms competitors often results in a reduction of price a firm can charge for its product or service. A. project planning chart A. Apple's current vision statement was introduced by CEO Tim Cook, who stated, "We believe that we are on the face of the earth to make great products." Provides more opportunities for advancement B. C. Gantt chart, 1. -More economic value than competitors. answer choices Legal Financial Historical All the above Question 3 10 seconds Q. That is, it offers a B. mission statement Leading. Dr. Kelly will struggle with the planning cycle that recommends Processes that create products C. Do the right thing. C. competitive analysis, 1. One graphic representation of the tasks required over the course of a project is called To use resources (people, money, raw materials) wisely and cost effectively. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. B. 7. Only Project Team. Web1. Recruiting Years ahead." A. Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology A. in your industry Prepare the appropriate journal entry to record Ameens 2021 income taxes. valuable and rare but not costly to imitate. Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. A. D. All stakeholders except clients. WebManagement Flashcards. Ask if they have more questions. 1.00 - 27 cards. WebDefine the Strategic Management Process & Identify the Stages. What are 3 strategic responses a firm can make to their competitors? A robust competitive analysis will allow you to focus on those companies that will compete for customers -Three phases: 1. B. C. Human resources in a company Being asked to chair a new committee. WebWho should be involved in Risk Management activities? Immediately place the card in your pocket. Executives knew there was a problem with the device but continued selling it for years. Google has a flatter organization chart than most large companies. -Divisional: people with diverse occupational specialties are put together in formal groups by similar products, customers, or geographic regions, Organization structure: matrix, team-based, net work and modular, -Matrix: organization combines functional and divisional chains of command in a grid so that there are two command structures-vertical and horizontal A. Firms costs fall as a function of production (downward slope). A. industry analysis WebDefine the Strategic Management Process & Identify the Stages. Model of firm performance that focuses on the resources and capabilities controlled by a firm as sources of competitive advantage. Other participants The opacity of the language leaves the law open to manipulation on political grounds. C. setting an attainable goal, A. measuring the past and not planning for future growth, 1. A. B. set goals for each employee and then evaluate them quarterly Which of the following is NOT a basic management task? Planning is boring. Web1. Human Resources works with managers to do employee evaluations. But this leads to excesses like dumping pollutants that damage the community. A company wishes to convince customers that its product or service provides more value to them than a competitor's product or service. -Mayo: Hawthorne effect, The Human Relationship Movement and the significance of the findings of Maslow (his hierarchy of needs) and McGregor (Theory X versus Theory Y), -Human relations movement: proposed that better human relations could increase worker productivity Substitutes are an issue due to the fact that the retail industry offers a wide range of products (Investopedia Staff, n.d.). C. Thank her and tell her who authored the report. Hiring staff to support the holiday rush, An example of managerial organizing would be A. optimizing the work process and training employees to follow it B. make manual labor run more efficiently firms are unable to differentiate their products. WebDefine the Strategic Management Process & Identify the Stages. WebQ. Recommendations for credit-granting scores from the American Council on Education. C. Keeping the layoff news out of the newspaper. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. -Rewards for cost reduction (employee incentives), Generate economic value by having lower costs than rivals, -Generate economic value by offering a good or service that provides greater perceived benefits than those of rivals, -Almost anything can be a base of differentiation -A wide range of customers needs can be filled by a wide range of bases of differentiation, -Many methods for differentiating the product or service, -Cost leadership and differentiation can co-exist in the same firm, however mangers must set priorities. Sheryl Sandberg, now COO of Facebook, is great at encouraging fellow employees, but this is usually the ________ role of middle management. using an imitative strategy to introduce improved versions of competitors' new products. -Decentralization: decision authority is pushed downward to lower organizational levels, -Visual representation, set of formal tasks, framework for vertical control, formal reporting relationships, Organization structures: Simple, functional, divisional, Organization structures: how tasks are divided, resources are deployed, and departments are coordinated In which of the following areas may records have value to the university? A. that the control systems support the strategy Only Project Manager. If so, try out our well-researched quiz. -Principles: study each part of task, carefully select workers with the right abilities, give workers the training and incentives to do the task, use scientific principles to plan the work methods, The definition of Administrative Management, Henry Fayol, -Concerned with managing the total organization A firm's ________ is really no more than a socially complex relationship between a firm and itscustomers and can serve as a basis for product differentiation. Human resource management Which of the following is NOT included in what Configuration Management does to answer its goal? B. hiring new employees based on their degree or family ties B. planning, hiring, directing, and controlling. B. Which of the following bases of product differentiation is almost always easy to duplicate? B. No, because language barriers will not allow a focused meeting. Better attention to Johnson & Johnson's ________ might have saved the company from litigation and penalties. I. -Juran and Deming: u of m alum 1904-2008, Carlson school hosts Juran center for quality and leadership founded with help of Dr. Juran, The concept of the Learning Organization and its importance, -Organization that actively creates, acquires, and transfers knowledge within itself and is able to modify its behavior to reflect new knowledge B. defining objectives 1.2.4.4 -Project Management Processes - 4 cards. Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' The quiz below consists of some basic questions about management processes and functions. C. Management C. Thank her and tell her who authored the report. Please upgrade to Cram Premium to create hundreds of folders! Develop operational systems 6. -Importance: rise of virtual organizations, rise of boundaryless organizations, speed and innovation, The significance about learning about international management, Many places are multinational, may deal with foreign customers or partners, Globalization, the global village and e-commerce, -Globalization: trend of the world economy toward becoming a more interdependent system -Ambiguity: goals to be achieved or the problem to be solved is unclear, alternatives are difficult to define, into about outcomes is unavailable, -Bounded rationality: ability of decision makers to be rational is limited by numerous constraints Evaluation plans Ask your manager to solve the problem. This is an example of: A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. Kelly has experience and knows there is only one way to run her businessfull steam ahead! Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. D. To set vacation benefits, 9. -Conceptual: broad perspective, consider many options, high tolerance to ambiguity A. The best example of a firm following a cost-leadership business strategy is. The subject matter of the Principles of Management exam is drawn from the following topics. ________ in the RBV are defined as the tangible and intangible assets that a firm controls that it canuse to conceive and implement its strategies. -PDCA cycle: plan, do, check, act We have other quizzes matching your interest. Planning can delay or prevent action. Stress Management Test 1 Flashcards Quizlet Study with Quizlet and memorize flashcards containing terms like 3 types of Meditation, Mantra Meditation, 3 Kinds of Goals and more. This is part of the ________ role of managers. Course Customers demonstrate a preference for the firms offerings. 1.2.4.5 Process Groups - 7 cards. In the food truck industry, for example, it is easy for new firms to enter and compete. -More economic value than competitors. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Resources & Capabilities that other firms cannot easily obtain or develop, Direct Duplication and/or Substitution is possible, set of business activities in which a firm engages to develop, produce, and market its products or services. However, she has no marketing goal or patient referral projections for the future. Planning activities provide an opportunity for input from the departments and people affected. D. All stakeholders except clients. What are the 6 sources of cost advantage? Being named the top employer in the state. -E-commerce: buying and selling of products and services through computer networks over long distances, -Ethnocentrism: belief that their own nation or country is best Management function that involves working with and through people A. government regulations The threat of direct competition tends to be high when. Employees should be hired on the basis of their interest and desire in the work. Protecting the company's financial position. -Accountability: mechanism through which authority and responsibility are brought into alignment WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. 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