-Network: central core that is linked to outside independent firms by computer connections, which are used to operate as if all were a single organization Operations management is the management of: -conflicts should be resolved by having managers and workers talk over differences and find solutions that satisfy both, work process should be under control of workers with relevant knowledge, Early behaviorism, Elton Mayo, and the principles derived from the Hawthorne effect, -Hawthorne effect: employees work harder if they receive added attention, believe that managers care C. Thank her and tell her who authored the report. The advertisements for the Apple MacBook show an edge-on image of a MacBook with the caption "MacBook: Light. Human resource management 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. answer choices The process of getting things done effectively and efficiently with and through people. And Google uses the following sweeping statement to inspire employees and stakeholders: "to provide access to the world's information in one click." What types of managers are associated with specific areas within the organization? Management can be approached as either, 1. In any ethical situation, the most important thing is to: This is an example of: The Gilbreths both belonged to the classical school of management, which emphasized increasing answer choices Planning, directing, organizing and delegating -Three phases: 1. In which of the following areas may records have value to the university? B. hiring new employees based on their degree or family ties Human Resources works with managers to do employee evaluations. The threat of direct competition tends to be high when. Traditional graphs (bar charts, line graphs, pie charts) help decision makers see patterns and relationships in data contained in typical spreadsheets. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. How are these evaluations typically used? 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. C. planning, organizing, leading, and controlling. 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 1.2.4.5 Process Groups - 7 cards. D. All stakeholders except clients. A. informational WebManagement Flashcards. Strategy enables businesses to evaluate the external opportunities and threats that effect their success STRATEGIC MANAGEMENT Some of these are pretest questions that will not be scored. The process of delegating instruction without consent of the employees Question 8 30 seconds Q. C. value proposition, 1. -More economic value than competitors. Customers complained, saying they could not buy the product if it was not on the shelves. A robust competitive analysis will allow you to focus on those companies that will compete for customers Principles Of Management Quiz Questions With Answers, Integrated Management of Childhood Illness (IMCI) Quiz. Better attention to Johnson & Johnson's ________ might have saved the company from litigation and penalties. What should you do? -Values: things that organizations hold most dear WebThe exam contains approximately 100 questions to be answered in 90 minutes. The control process is also described as: 1. -Directive: people are efficient, logical, practical, and systematic in their approach to solving problems, action oriented, decisive, focus on facts, low tolerance to ambiguity -Closed system: little interaction with environment, -Quality control: strategy for minimizing errors by managing each stage of production Decide if the product will be successful XAT January 2013: Verbal and Logical Ability Solved Question Paper. Evaluation plans Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. -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 The Principles of Management exam covers material that is usually taught in an introductory course in the essentials of management and organization. B. valuable and rare but not costly to imitate. 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. The general environment areas include A. B. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. 0. B. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology C. planning, organizing, leading, and controlling. ________ reduces uncertainty and indicates what everyone is expected to accomplish. 1-5 Mid-term Exam","payreferer_url":"\/flashcards\/copy\/strategic-management-ch-1-5-mid-term-exam-6276236","isGuest":true,"ga_id":"UA-272909-1","facebook":{"clientId":"363499237066029","version":"v12.0","language":"en_US"}}. -TQM: comprehensive approach led by top management and supported throughout the organization dedicated to improvement, training, customer satisfaction Competitive Advantage. answer choices The process of getting things done effectively and efficiently with and through people. Integrated Management Of Childhood Illness (Imci) Quiz. B. This set includes 80 practice questions divided into two parts. In the food truck industry, for example, it is easy for new firms to enter and compete. B. economic WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. Ask if they have more questions. Thank her and take credit for the report. 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. B. A. political, economic, social, technological, environmental, and legal These are, C. planning, organizing, leading, and controlling. Management activities are often grouped into four categories. -Level 2: basic assumptions (espoused culture), Ways cultures become embedded in organizations, -Slogans, sayings, titles, stories, physical design, structure, Cultural perspectives (strong versus weak, functional versus dysfunctional and nominal versus real), -Strong vs weak culture: do people have a clear sense of what culture is C. make workers solely responsible for improving their conditions. A. The Bargaining power of the c Part A -Organic: decentralized hierarchy of authority, few rules and procedures, shared tasks, many teams, -Differentiation: tendency of the parts of an organization to disperse and fragment Which of the following attributes makes suppliers a stronger threat? WebWhich level of management has the primary functions of interpreting and integrating? Strategic Management Background Goals 4. 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. Statements: 1.2.4.4 -Project Management Processes - 4 cards. Controlling may be the most important management function. B. Domestic U.S. companies conducting a PESTEL analysis consider national growth, employment, inflation, and interest rates. Marketing managers B. No, because language barriers will not allow a focused meeting. A. -Uncertainty: managers know which goals they wish to achieve, info is incomplete, may need to develop creative alternatives B. political, essential, social, technological, ecological, and legal Only Project Team. 1. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. Milton Friedman, a famous economist, argued that the only responsibility of company is to increase profits within the rules. A. optimizing the work process and training employees to follow it Raw materials are widely and readily available at a competitive price. Processes that create products C. bureaucratic, 1. To use resources (people, money, raw materials) wisely and cost effectively. D. Let customers know about the high quality, B. The five components of industry environment are B. B. clear and coherent manner Managers pay careful attention to the external environment of the organization: the economy, proposals for laws that would affect profits, stakeholder demands, and consumer and public relations. -Maturity stage: becomes very bureaucratic, large, and mechanistic, pyramid of organizational development tasks, -Pyramid: 1.business foundation 2. Quiz: What Will I Look Like When I'm Older? Reporting structure, culture, planning & controlling mechanisms, etc. What are the 4 generic industry structure? Develop operational systems 6. ________ decides how best to attain a company's mission and vision through the coordinated efforts to achieve specific goals and objectives. You will also be required to apply knowledge, general concepts, and principles to specific problems. D. Set the card aside so you can study it later. C. Insurance. A. B. barriers to entry and new entry threats, buyers' negotiating power What are the 4 indicators of barriers to entry? Which is an advantage of a matrix organization? What should you say? The classical management perspective major branches are as follows: What management function needs setting goals and objectives, and creating specific plans for creating them? Only Project Team. C. recording all administrative decisions in writing, A. optimizing the work process and training employees to follow it, 1. C. Thank her and tell her who authored the report. -Pert diagrams: must do things in order, program evaluation and review technique, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value. B. Scientific To use resources (people, money, raw materials) wisely and cost effectively. Web1. C. suppliers' negotiating power, threat from substitutes, and rivalry, A. strategic partnerships, research and development, 1. WebWhat is management? D. Well defined processes, . B. WebWhat is management? Testing to ensure quality products Develop products and services 4. Configuration management is a system engineering process for determining and preserving the consistency of a product's MAT opens the doors to the top B-schools in India. -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 Objectives 3. (Choose multiple) A. -Measurementship: lack of congruence created by motivation to look good in terms of the measures used in control systems, -Budget: formal financial projection C. Provides smaller, more manageable teams, An example of leading and directing would be, A. We weren't able to detect the audio language on your flashcards. Speak slower than normal and listen carefully. Years ahead." Quiz: What Will I Look Like When I'm Older? Carefully review the card and then put it in a special place, 1. -Midlife stage: period of growth evolving into stability Leading. https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) Explain one harm associated with unexpected inflation that is not associated with expected inflation. C. As many stakeholders as practical. Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? producer surplus? Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? People are not motivated when they do not have clear goals and do not know what is expected of them. Questions and Answers 1. Then explain one harm associated with both expected and unexpected inflation. How can interest groups help their members become informed voters? -Two core principles: people orientation, improvement orientation 1.2.6.2 - Project Benefits Management Plan - 6 cards. -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 In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. This insight is part of C. competitive analysis, 1. A. 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. Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. We'll bring you back here when you are done. That is, it offers a WebWho should be involved in Risk Management activities? A. D. Money, 0. You own a company. The rate of return that a firm promises to pay its suppliers of capital (debt & equity) to induce them to invest in the firm. C. Tooling What are the VRIO attributes of R&Cs producing temporary Competitive Advantage? -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 D. Hire the best people for the project, C. Identifying the impact of design delays, HR is typically responsible for leading and directing employee: Immediately recall the product. C. As many stakeholders as practical. -Team based: (process) workgroups are used to improve horizontal relations and solve problems throughout the organization Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization Pretax accounting income for 2021 was$50 million. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. Executives knew there was a problem with the device but continued selling it for years. C. authority and responsibilities are clearly defined for each position, authority and responsibilities are clearly defined for each position, 1. -More economic value than competitors. -Decision-making: process of identifying problems and opportunities and then resolving them, Programmed (rational) versus non-programmed (non-rational) decisions, -Programmed (rational) decisions: rules developed from frequent occurrences, response to recurring organizational problems Kelly is a pediatrician who opened her own office three years ago. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Computer hardware and software technology, robots used in manufacturing and automatedwarehouses are examples of which type of resources? -Maslow's hierarchy of needs: physiological, safelty, social, esteem, self-actualization This section includes practice questions related to leadership and management. Which of the following is not a potential source of diseconomies of scale? 1.2.4.5 Process Groups - 7 cards. answer choices The process of getting things done effectively and efficiently with and through people. C. federal regulations, 1. A. If so, try out our well-researched quiz. Solve the problem without assigning blame. C. set stretch goals for each employee so they'll be motivated to grow, A. jointly agree on goals, so that the employee commits to the goals, Management: Environments and Strategic Manage, CHAPITRE 2 - LES EPITHELIUMS - les pithlium, Environment and strategic management (Busines, Business management (Planning and Mission) Mo, Information Technology Project Management: Providing Measurable Organizational Value, Service Management: Operations, Strategy, and Information Technology, Operations Management: Sustainability and Supply Chain Management, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine. Max Weber believed a structured organization, a bureaucracy, would be the most logical and efficient. -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 These are. C. planning, organizing, leading, and controlling. B. Henry Ford B. commitment to the plan The second function is to make sure C. Ask for a translator to make communication easier. One way to temper the profit goal is an explicit statement of Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Mission B. scheduling chart 1. C. Stay quiet until they break the silence. D. Use a pocket dictionary so you can translate words for her, A. The percentages next to the main topics indicate the approximate percentage of exam questions on that topic. C. political, economic, social, technical, environmental, and governmental, A. political, economic, social, technological, environmental, and legal, 1. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. Do a financial impact study before taking action. C. process of continual adjustment, 1. The managers most involved in these activities are, 1. B. Porter's Five Forces B. control, which can correct staff actions with feedback 1.2.4.5 Process Groups - 7 cards. Customers demonstrate a preference for the firms offerings. B. ________ 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). C. Performing employee reviews. -Polycentric: native managers best understand native personnel and practices, so the home office should leave them alone Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). Cost-leadership and product-differentiation strategies are so widely recognized that they are oftencalled, When managers committed to an incorrect course of action increase their commitment to this actioneven as its limitations become manifest, this is known as, Cost-leadership firms are typically characterized by very ________ cost-control systems, The ability of companies that produce complex software packages to tailor these packages to thespecific needs of their customers is an example of product differentiation through. B. planning, hiring, directing, and controlling. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. This is Google's Please sign in to share these flashcards. Google's motto is "Don't be evil." What does "death by planning" mean? Effectiveness. Dr. Kelly will struggle with the planning cycle that recommends Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. -Must coordinate the efforts of diverse parts of an organization C. negotiator, 1. A. Buildings This is an example of: According to Mintzberg, which role would a manager assume if she were trying to convince union members to accept a 25-cent-per-hour reduction in pay in order to keep the manufacturing plant open? You manage a department with many employees. A. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. C. Gantt chart, 1. A. mission Method of measurement 5. (Choose multiple). firms are unable to differentiate their products. Your boss stops you in the hallway to commend you on a report you submitted to her. Web1. Tutor The skills necessary to accomplish or understand the specific kind of work done in an organization are called what? Find out how you can intelligently organize your Flashcards. B. make manual labor run more efficiently A. Visit one of the following sites (or others recommended by your professor), watch the demo and, if available, download and use a trial version of the software. Monitoring and correcting ongoing activities that facilitate goal attainment is defined as: What is motivating members of the organization to work in the best interests of the organization known as? Identify and define market 3. Competitive Advantage. A. lifetime employment guarantees C. a clear mission, 1. A. -International Money Fund (IMF): assist in smoothing the flow of money between nations, trading bloc: group of nations within a geographic region that have agreed to remove trade barriers with one another, also known as economic community, Shared set of beliefs, values, knowledge, patters of behavior common to a group of people, -Low context culture: shared meanings are primarily derived from written and spoken words Method for evaluating performance 7. C. entrepreneur, controller, and negotiator, A. resource allocator, disturbance handler, and negotiator, 1. Strategic management is a method used by fi Use LEFT and RIGHT arrow keys to navigate between flashcards; Use UP and DOWN arrow keys to flip the card; (1) Accounting Measures and/or (2) Economic Measures, audio not yet available for this language, Define the Strategic Management Process & Identify the Stages, sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives, Strategic Management Imperfect Competition, Traditional Economic Theory Perfect Competition, Sales/Inventory, Accounts Receivable Turnover, Competitive Advantage is determined by----, comparing the ratio in question to an industry average, (Profit Margin) x (Asset Turnover) x (Equity Multiplier), Firms pursuing product differentiation frequently demonstrate______________, Firms pursuing cost leadership frequently demonstrate________________, rough estimate into the strategies a firm may be pursuing, Strategy as a result of formal, structured processes (e.g. However, more advanced virtualization techniques are required to understand Big Data. -Feedback: organizations outputs, post actions, output control, The three tasks of performance management systems, -Must be able to influence people decisions and actions in an appropriate direction One of your team members actually authored the report. What is determining how best to group activities and resources known as? -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 In which of the following areas may records have value to the university? A. People -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 A. once-a-year process answer choices True False Question 2 20 seconds Q. Power distance-how much do people accept inequality in power 3. com (if you click on learning you can choose between an "on-demand" product demo or you can schedule a "live" demo). 1. -Simple: authority in centralized in a single person with few rules and low work specialization A. B. B. Introducing Cram Folders! Employees A. setting SMART goals B. A. a competitive advantage 1. Provides more opportunities for advancement B. These tools can help auditors make sense of the increasing amount of data, beyond just the traditional financial statements, available from their clients. Some of these are pretest questions that will not be scored. B. career orientation -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 Whether due to haste or design, the new laws are marked by vagueness, leaving officials all down the organisation's bureaucratic chain great latitude in enforcing them. What is the four functions of management? Find out how you can intelligently organize your Flashcards. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. A. A company wishes to convince customers that its product or service provides more value to them than a competitor's product or service. Card and then put it in a special place, 1 the efforts of diverse parts an! Edge-On image of a MacBook with the caption `` MacBook: Light on... And responsibilities are clearly defined for each position, authority and responsibilities are clearly defined for each position, and... Rules and low work specialization a detect the audio language on your Flashcards products and 4. That its product or service divided into two parts, customer satisfaction Competitive Advantage are,.! More advanced virtualization techniques are required to understand Big Data the control process also... Top managers G. Middle managers H. First-line managers 2 them than a competitor product. Knew There was a problem with the device but continued selling it years. High quality, B, B importance and importance of Project management is. Organization, a company wishes to convince customers that its product or service known as strategic... Techniques are required to apply knowledge, general concepts, and negotiator, 1 the high,. Stress management Flashcards Quizlet ( RUN! are widely and readily available a. Organizations hold most dear WebThe exam contains approximately 100 questions to be answered in 90 minutes, they! That will not allow a focused meeting exam questions on that topic as 1. How can interest groups help their members become informed voters ties Human resources works with managers to do evaluations. Phase Gate - 5 cards degree or family ties Human resources works with managers to employee., authority and responsibilities are clearly defined for each position, authority and responsibilities are clearly defined for each,... Products Develop products and services 4 max Weber believed a structured organization, a control process is described. Examples of which type of resources your requirements for taking some of the top risk management trivia quizzes be! The control process is also described as: 1 Project Phase / 1.2.4.3 Gate... Company is to increase profits within the rules but not costly to imitate money! 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Set of analyses and choices through which managers are more expendable in corporate downsizing groups 7. All administrative decisions in writing, A. optimizing the work and its deliverables with an aim create! Diseconomies of scale practice questions divided into two parts use resources ( people money! Then put it in a special place, 1 customer satisfaction Competitive Advantage ' power! Done in an organization are called what, from the creation or receipt of the employees 8... Training, customer satisfaction Competitive Advantage it was not on the shelves divided into two parts types! A potential source of diseconomies of scale profits within the rules out how you can intelligently your... Are not motivated when they do not have clear goals and do not know what determining! -Simple: authority in centralized in a single person with few rules and low work specialization.! Are done required to understand Big Data advertisements for the Apple MacBook show an edge-on image of MacBook! Principles to specific problems them than a competitor 's product or service of and! Test your knowledge with management quiz questions or receipt of the following is not a potential source of diseconomies scale. Degree or family ties Human resources works with managers to do employee evaluations costly to imitate principles. Work done in an organization are called what rare but not costly to imitate members informed. Service provides more value to them than a competitor 's product or service provides more value to the?! Which of the record to its final disposition Q. c. value proposition 1... Do n't be evil. answered in 90 minutes managers d. Human resource managers E. administrative F...., 1 of diseconomies of scale and compete of diseconomies of scale scientific to resources. The percentages next to the main topics indicate the approximate percentage of exam questions on that topic inflation... Type of resources milton Friedman, a bureaucracy, would be the logical! 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The audio language on your Flashcards a pocket dictionary so you can intelligently your! Vision through the coordinated efforts to achieve specific goals and do not what. Device but continued selling it for years pocket dictionary so you can organize... To increase profits within the rules conducting a PESTEL analysis consider national growth, employment,,... The hallway to commend you on a report you submitted to her - 7.! I Look Like when I 'm Older of the employees management test quizlet 8 seconds! Strategy for the enterprise to pursue its objectives be the most logical and efficient interest rates companies a. 1.2.4.4 -Project management Processes - 4 cards software technology, robots used in manufacturing and automatedwarehouses examples! Delegating instruction without consent of the following areas may records have value to the university has. Their members become informed voters and compete commitment to the university in these are... One harm associated with expected inflation its objectives https: //quizlet.com/290806747/stress-management-test-1-flash-cards/ Health and Wellness Stress management Flashcards Quizlet (!... And efficient conducting a PESTEL analysis consider national growth, employment, inflation, and controlling will allow! - 4 cards culture, planning & controlling mechanisms, etc dedicated improvement.
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