Which of the following is not a potential source of diseconomies of scale? Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? Details about the exam breakdown, credit recommendations, and free sample questions. -Measurementship: lack of congruence created by motivation to look good in terms of the measures used in control systems, -Budget: formal financial projection This is an example of: Would this type of focus and control be a good practice to use in meetings with co-workers around the world? She took a goal-setting class and created seven goals for her organization and managers. answer choices True False Question 2 20 seconds Q. Can increase employee motivation and satisfaction, An example of evaluating and controlling would be. Ask if they have more questions. B. C. Performing employee reviews. B. WebManagement. A. clients, competitors, suppliers, regulations, and adversaries Carefully review the card and then put it in a special place, 1. valuable and rare but not costly to imitate. Competitive Advantage. D. Well defined processes, . C. No, it is best to make adjustments for other cultures. A. informational Course What types of managers are associated with specific areas within the organization? Follow a product through its lifecycle Other participants -Global Village: shrinking of time and space as air travel and the electronic media have made it much easier for the people of the globe to communicate with one another WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? 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 You should schedule the call at a time that limits the inconvenience to: Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. WebManagement Flashcards. -Midlife stage: period of growth evolving into stability Milton Friedman, a famous economist, argued that the only responsibility of company is to increase profits within the rules. A flat organizational structure Employees should be hired on the basis of their interest and desire in the work. WebQ. Which of the following is needed to help accomplish this task? C. planning, organizing, leading, and controlling. Industries in which a large number of small or medium-sized firms operate and no small set offirms has dominant market share or creates dominant technologies are called ________ industries. C. recording all administrative decisions in writing, A. optimizing the work process and training employees to follow it, 1. You have identified a safety issue with one of your products. Amber had an idea for a change she thought they should make to a group project she was part of for a marketing class but didn't say anything because she didn't want to make the other group members mad. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. Management is the act of getting people together to pursue their goals, including planning, organizing, processing, and controlling. Beat the competition's product quality ________ reduces uncertainty and indicates what everyone is expected to accomplish. firms are unable to differentiate their products. The company could lose a large amount of money if customers find out about the problem. -Modular: firm assembles product chunks, or modules, provided by outside contractors, -Mechanistic: centralized hierarchy of authority, many rules and procedures, specialized tasks, formalized communication One graphic representation of the tasks required over the course of a project is called Management function that involves working with and through people Method of measurement 5. Which is an advantage of a tall organizational structure? Prior to Taylor, managers were owners or appointed by the owners with no role beyond oversight. Mission A. -Vertical functional structure: people are grouped by similar occupational specialties B. C. organization, so that everyone knows their role, A. plans, which can direct everyone's actions toward desired outcomes, 1. -More economic value than competitors. What are 3 strategic responses a firm can make to their competitors? B. economic Planning Integrated Management Of Childhood Illness (Imci) Quiz. A. B. in your target market Quiz: What Will I Look Like When I'm Older? Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Introduction C. Tooling Customers demonstrate a preference for the firms offerings. Google has a flatter organization chart than most large companies. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. What is the four functions of management? Web1. This refers to the lightweight design and the advanced tech inside. C. the systems approach to management, quality assurance and quality control programs, 1. Carefully review the card and then put it in a special place. B. a core competency (Choose multiple). A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. Key results areas 2. What types of managers are associated with specific areas within the organization? answer choices The process of getting things done effectively and efficiently with and through people. Follow a product through its lifecycle, . C. Insurance. C. Human resources in a company Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? -Intuition model: making a choice without the use of conscious thought or logical inference, -Case reality, problem/question, conceptual model, solution, Two dimensions of the personal decision framework, -Dimension 1: reflects the extent to which a person focuses on either task and technical concerns or people and social concerns when making decisions -PDCA cycle: plan, do, check, act WebThe exam contains approximately 100 questions to be answered in 90 minutes. That is, it offers a Your team members are worried about some potential changes in the organization. -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 How can interest groups help their members become informed voters? A. government regulations com (if you click on learning you can choose between an "on-demand" product demo or you can schedule a "live" demo). Knowledge and Skills Required Questions on the Principles of Management exam require test takers to demonstrate one or more of the following abilities in the approximate proportions indicated. Heartily cooperate with the men to ensure all the work is done in accordance with the science that has been developed. The training, experience, judgment, intelligence, relationships and insight of individual managersand workers in a firm are examples of, The VRIO assumption that some of the resource and capability differences among firms may belong lasting because it may be very costly for firms without certain resources and capabilities todevelop or acquire them is known as, Resources and capabilities, such as interpersonal relations among managers and a firm's culture,that may be costly to imitate because they are beyond the ability of firms to systematically manageand influence are referred to as, To the extent that a firm's resources and capabilities enhance a firm's competitive position byenabling a firm to exploit its opportunities or neutralize its threats, these resources and capabilitiesare valuable and are known as, Resources that generate a temporary competitive advantage are. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. answer choices Planning, directing, organizing and delegating Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. Effectiveness. 1. If so, try out our well-researched quiz. Customers demonstrate a preference for the firms offerings. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. Buildings C. barriers to entry, 1. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. A. generic product C. Planners rarely know what they are doing. ________ are said to exist when the increase in firm size (measured in terms of volume ofproduction) are associated with lower costs (measured in terms of average costs per unit ofproduction). The Importance of the Strategic Management Process A. D. Use a pocket dictionary so you can translate words for her, A. C. vision, 1. Through which bases of competitive advantage do firms attempt to alter the perceptions of currentand potential customers, whether or not specific attributes of a firm's products or services arealtered? Many companies are organized along functional lines. B. Interrupt her to ask for clarification. These tools can help auditors make sense of the increasing amount of data, beyond just the traditional financial statements, available from their clients. A. 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. Being named the top employer in the state. Which of the following is NOT a basic management task? Employees WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. Management activities are often grouped into four categories. Minimizing the harm to the employees. C. Training opportunities C. Staffing plans Web1. How are these evaluations typically used? charge a higher price than it would otherwise be able to do. In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. 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. B. branded A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. A. quality assurance and quality control programs Identify and define market 3. -Embargoes: ban on import and export of certain products, Organizations promoting international trade (and what they do), -World Trade Organization (WTO): monitor and enforce trade agreements, agreements based on the general agreement on tariffs and trade (GATT), 153 countries The threat of new entrants in Porter's Five Forces analysis is often the most important force affecting an industry. D. Report the person who caused the problem, B. We weren't able to detect the audio language on your flashcards. You meet a new employee who has recently transferred to your office from China. WebWhat is management? The process of delegating instruction without consent of the employees Question 8 30 seconds Q. B. planning, hiring, directing, and controlling. A. If you had to trim the budget, which of these could you probably cut with minimal impact to your team members? -Fayol: French engineer and industrialist, first to identify major functions of management, Bureaucracy: Max Weber believed: rational, efficient, ideal organization based on the principles of logic, The Classical viewpoint and the problem with it and why it is important, -Problem: mechanistic, tends to view humans as cogs within a machine -Concurrent: assess current work activities, rules and regulations, ensures to produce correct results The general environment areas include 1.2.4.4 -Project Management Processes - 4 cards. Promotion plans 1. Questions on the exam require you to demonstrate knowledge of management functions and techniques, and ability to associate the meaning of specific terminology with important management ideas, processes, and techniques. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. C. Tasks and responsibilities are shared within teams. Testing to ensure quality products 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. D. Using color-coded file folders for different subjects, D. Using color coded file folders for different subjects. C. that human resources hires the right people, B. that the people in the organization support the strategy, 1. -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 A. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. -TQM: comprehensive approach led by top management and supported throughout the organization dedicated to improvement, training, customer satisfaction answer choices Legal Financial Historical All the above Question 3 10 seconds Q. C. fixed salaries, 1. A. Planning is a 1.00 - 27 cards. A. -Scalar principle: clearly defined line of authority in the organization that included all employees, Authority, responsibility, accountability and delegation, -Authority: formal and legitimate right of a manager to make decisions, issues orders, and allocate resources Power distance-how much do people accept inequality in power 3. What are the 4 generic industry structure? -Incremental Model: managers take small, short term steps to alleviate a problem, rather than steps that will accomplish the long term solution On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $36 million. Contact your college to find out the score required for credit and the number of credit hours granted. answer choices The process of getting things done effectively and efficiently with and through people. C. efficient, rational manner, 1. To use resources (people, money, raw materials) wisely and cost effectively. C. impersonality, 1. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Only Project Manager. These are. Competitive Advantage. Each objective is linked to a specific report, and she has reports of those measures from the past three years. B. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. Simple, Compound and Complex Sentences Quiz. A. benevolent and caring manner A. resource allocator, disturbance handler, and negotiator C. Hire the right people to produce the product A manager should discuss the corporate goals with his employees and then Some of these are pretest questions that will not be scored. B. senior management process without any middle management involvement A. A. plans, which can direct everyone's actions toward desired outcomes 1.2.4.4 -Project Management Processes - 4 cards. Leading. In any ethical situation, the most important thing is to: C. make workers solely responsible for improving their conditions. C. Try and find out who caused the problem. 1. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. WebThe exam contains approximately 100 questions to be answered in 90 minutes. A group of Japanese investors is visiting your office. Further suppose that your economist gives you the following demand and supply functions: Demand: QD=452PQ^{D} = 45 - 2PQD=452P WebManagement. 1.2.6.2 - Project Benefits Management Plan - 6 cards. The control process is also described as: 1. Take up this quiz and prove your knowledge now. answer choices Legal Financial Historical All the above Question 3 10 seconds Q. Manage the corporate culture, -Decision: choice made from available alternatives actions firms take to gain competitive advantages in a single market or industry, Business Level Strategies are intended to create differences between______, the firms position and those of its rivals. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Write a review of the demo(s)you view and the trial version of any product(s) you test. Some organizations establish planning committees that intentionally include people from ________ backgrounds to bring ________ perspectives into the planning process. You found a huge error in a report that is going to the president of the company shortly. Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. Web1. At December 31, 2020, the book value of the equipment was$30 million. What is the difference between algorithms and heuristics? Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. B. value proposition B. control, which can correct staff actions with feedback Workers were concerned the increased efficiency would mean less work and less pay. Recommendations for credit-granting scores from the American Council on Education. C. Social network management, 1. Better attention to Johnson & Johnson's ________ might have saved the company from litigation and penalties. A. in your industry Which of the following is NOT included in what Configuration Management does to answer its goal? The classical management perspective major branches are as follows: What management function needs setting goals and objectives, and creating specific plans for creating them? C. Gantt chart, 1. Explain one harm associated with unexpected inflation that is not associated with expected inflation. -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. These are, C. planning, organizing, leading, and controlling. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. 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