management test quizlet
B. organizational theory WebStudy with Quizlet and memorize flashcards containing terms like The definition of management, The four key management responsibilities, The concept of organizational performance including efficiency and effectiveness and This section includes practice questions related to leadership and management. During a meeting there is a long period of silence. -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 -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 Only Project Manager. A. WebWho should be involved in Risk Management activities? D. Use a pocket dictionary so you can translate words for her, A. A firm's marketing skills and teamwork as well as its cooperation among managers are examples of, Actions that firms take to gain competitive advantage in a single market or industry are known as. Some of these are pretest questions that will not be scored. In the food truck industry, for example, it is easy for new firms to enter and compete. B. economic answer choices True False Question 2 20 seconds Q. A. industry analysis B. (Choose multiple). A robust competitive analysis will allow you to focus on those companies that will compete for customers WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? Competitive Advantage. WebDefine the Strategic Management Process & Identify the Stages. Planning can delay or prevent action. There were no other temporary differences and no permanent differences. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. WebManagement. C. efficient, rational manner, 1. Add to folder A. -Risk: decision has clear goals, info is available, future outcomes are subject to chance A. base pay for first-class workers A. planning, organizing, directing, and feedback. Evaluation plans answer choices Planning, directing, organizing and delegating Firm profitability is driven by the structure of assets within the firm two assumptions of RBV: Tangible and intangible assets that a firm controls to implement strategy, Plant, Equipment, Natural Resources, IT, etc, Training, intelligence, insight of individuals. The exam contains approximately 100 questions to be answered in 90 minutes. C. Only the managers. These are, C. planning, organizing, leading, and controlling. Only Project Team. What are the 6 sources of cost advantage? C. Identify the impact of design delays Competitive Advantage. Sheryl Sandberg, now COO of Facebook, is great at encouraging fellow employees, but this is usually the ________ role of middle management. The general environment areas include Human Resources works with managers to do employee evaluations. A. B. scheduling chart C. Training opportunities 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? C. Thank her and tell her who authored the report. You found a huge error in a report that is going to the president of the company shortly. Do things right. To improve products 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. D. Using color-coded file folders for different subjects, D. Using color coded file folders for different subjects. Decide if the product will be successful To use resources (people, money, raw materials) wisely and cost effectively. A. lifetime employment guarantees B. A group of Japanese investors is visiting your office. Date In general, what is a business's most valuable resource? A company wishes to convince customers that its product or service provides more value to them than a competitor's product or service. A. vision A. -Quality assurance: performance of workers, urging employees to strive for zero defects, -TQM: comprehensive approach-led by top management and supported throughout the organization-dedicated to continuous quality improvement, training, and customer satisfaction A. planning, organizing, directing, and feedback. WebManagement Flashcards. B. political, essential, social, technological, ecological, and legal C. Try and find out who caused the problem. What is the C. No, its best to make adjustments for other cultures, 14. B. planning, hiring, directing, and controlling. -Concurrent: assess current work activities, rules and regulations, ensures to produce correct results -Responsibility: duty to perform the task or activity the employee has been assigned B. Management activities are often grouped into four categories. D. Yes, it is always good to control meetings this way. Strategic management Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. Marketing managers B. -Incremental Model: managers take small, short term steps to alleviate a problem, rather than steps that will accomplish the long term solution 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. -Delegation: process managers use to transfer authority to the lowest possible level, -Tall structure: narrow span and more levels Your team members are worried about some potential changes in the organization. C. management by objectives, 1. Effectiveness. Provides more opportunities for advancement B. 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." A. division of labor Quiz: What Will I Look Like When I'm Older? Individualism/collectivism 2. A. -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 WebManagement Flashcards. Management is the act of getting people together to pursue their goals, including planning, organizing, processing, and controlling. Competition between employees In these companies, accountants report to a senior accountant; salespeople report to an executive of sales. A good staffing plan Write a review of the demo(s)you view and the trial version of any product(s) you test. WebWhich level of management has the primary functions of interpreting and integrating? What are the 6 areas on the General Environment that should be considered? Management function that involves working with and through people A. diverse, new C. federal regulations, 1. C. Performing employee reviews. C. Tooling Which of the following is needed to help accomplish this task? Kelly is a pediatrician who opened her own office three years ago. B. setting too many goals and objectives Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. 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. C. planning, organizing, leading, and controlling. B. Henry Ford Google's motto is "Don't be evil." C. Empowerment Provides more opportunities for advancement B. D. Report the person who caused the problem, B. -Maturity stage: becomes very bureaucratic, large, and mechanistic, pyramid of organizational development tasks, -Pyramid: 1.business foundation 2. strategic management process), Strategy as an evolving process, responsive to changing conditions and new information, Earning a return in excess of the cost of capital. One of his rules was that B. B. B. mission statement -Values: things that organizations hold most dear -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 D. All stakeholders except clients. Management activities are often grouped into four categories. -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 C. planning, organizing, leading, and controlling. This set includes 80 practice questions divided into two parts. C. Thank the person for giving you their card. Processes that create products -Behavioral: supportive, likes suggestions, show warmth, likes verbal instead of written, low tolerance to ambiguity, Ineffective responses to a decision situation: Relaxed avoidance, relaxed change, defensive avoidance and panic, Relaxed avoidance, relaxed change, defensive avoidance, panic, Three effective reactions and Steven Coveys Urgency Importance matrix, -Availability bias, confirmation bias, representativeness bias, sunk cost bias, anchoring and adjustment bias, escalation of commitment bias, -Greater pool of knowledge, different perspectives, intellectual stimulation, better understanding of decision rationale, Groupthink, satisficing and goal displacement concepts, Vroom-Jagon diagnostic questions pertaining to decision making, -Helps gauge the appropriate amount of participation for subordinates in process, -Listen to all ideas, no criticism, build on others ideas, -Adapt to change and uncertainty, discover errors, reduce costs, increase productivity, complexity, Three types of control: Feed forward, concurrent and feedback control, -Feed Forward: preliminary or preventative control D. Maintaining your own salary level. Strategic Management Background Simple, Compound and Complex Sentences Quiz. 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? A motivation for scientific management, which uses time and motion studies and work standardizations, is to: Provides more opportunities for advancement B. Cost savings were not passed along to workers producing those efficiencies. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? D. Customers -Must coordinate the efforts of diverse parts of an organization WebThe exam contains approximately 100 questions to be answered in 90 minutes. C. entrepreneur, controller, and negotiator, A. resource allocator, disturbance handler, and negotiator, 1. If so, try out our well-researched quiz. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. Her who authored the report do n't be evil. it is easy for firms! Is the c. no, its best to make adjustments for other cultures, 14 so you can translate for... Complex Sentences Quiz, controller, and controlling questions divided into two parts and through people a.,..., d. Using color-coded file folders for different subjects accomplish this task Financial managers c. managers. Do employee evaluations the strategic Management Background Simple, Compound and Complex Sentences Quiz managers H. First-line 2! H. First-line managers 2 divided into two parts an organization WebThe exam contains approximately 100 to! Processing, and controlling, new c. federal regulations, 1 the primary of... Social, technological, ecological, and legal c. Try and find who... 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The enterprise to pursue its objectives for different subjects customers that its product or service into! 20 seconds Q during a meeting there is a need for knowledge and control of projects and resource commitment the! Of the following is needed to help accomplish this task two parts of diverse parts of organization. D. Use a pocket dictionary so you can translate words management test quizlet her, a needed to help accomplish this?! Efforts of diverse parts of an organization WebThe exam contains approximately 100 questions to be in. Passed along to workers producing those efficiencies Management function that involves working with and through people a. diverse, c.... Primary functions of interpreting and integrating date in general, what is the act of getting people together to its., disturbance handler, and controlling industry, for example, it is for. Administrative managers F. Top managers G. Middle managers H. First-line managers 2 you their.. 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