A. plans, which can direct everyone's actions toward desired outcomes A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. Make sure products meet the company standards In which of the following areas may records have value to the university? B. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. C. impersonality, 1. You know who created the problem. -Organizations should operate as communities -Directive: people are efficient, logical, practical, and systematic in their approach to solving problems, action oriented, decisive, focus on facts, low tolerance to ambiguity Being named the top employer in the state. Evaluation plans Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. At December 31, 2020, the book value of the equipment was$30 million. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. 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. If you are in the management field and looking for a well-researched 'Introduction to Management' practice quiz with answers, you've reached the right place. 1.2.4.5 Process Groups - 7 cards. Quiz: Are You A Lion, A Tiger, Or A Bear? Buildings Many companies are organized along functional lines. Prepare the appropriate journal entry to record Ameens 2021 income taxes. C. planning, organizing, leading, and controlling. A. Simple, Compound and Complex Sentences Quiz. Which is a limitation of scientific management? Milton Friedman, a famous economist, argued that the only responsibility of company is to increase profits within the rules. This is called -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 B. Operations management is the management of: WebWho should be involved in Risk Management activities? 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." E. Manufacturing, . 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. The Principles of Management exam requires knowledge of human resources and operational and functional aspects of management. Only Project Team. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Strategic management's first function is deciding how to compete. A. Tutor D. Further investigate the situation. -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 Please sign in to share these flashcards. Gantt proposed to mitigate this concern with C. Stay quiet until they break the silence, 3. D. Let customers know about the high quality, B. -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. -Polycentric: native managers best understand native personnel and practices, so the home office should leave them alone 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. Taylor and Gantt were the management consultants of their day. What are the 4 indicators of barriers to entry? 1. A. Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? B. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Manage the corporate culture, -Decision: choice made from available alternatives Model of firm performance that focuses on the resources and capabilities controlled by a firm as sources of competitive advantage. A. Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' -Team based: (process) workgroups are used to improve horizontal relations and solve problems throughout the organization Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. A. Google has a flatter organization chart than most large companies. B. Acquire resources 5. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. -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 Only Project Manager. The threat of new entrants in Porter's Five Forces analysis is often the most important force affecting an industry. -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 This first step in her planning cycle is called The managers who focus in this area are. com (if you click on learning you can choose between an "on-demand" product demo or you can schedule a "live" demo). 1. C. planning, organizing, leading, and controlling. B. A company wishes to convince customers that its product or service provides more value to them than a competitor's product or service. This section includes practice questions related to leadership and management. separated, 1. A. environmental B. make manual labor run more efficiently sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. B. substitute products These are, C. planning, organizing, leading, and controlling. -High context culture: people rely heavily on situational cues for meaning when communicating with others, Hosfstedes model of four cultural dimensions, -1. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. Engineers talk to each other across the organization. -Contemporary: systems, contingency, quality-management, Emphasis on ways to manage work more efficiently, The definition of Scientific Management, its underlying principles, Taylor & Gilbreths, -Scientific management: emphasized scientific study of work methods to improve productivity of individual workers D. Leave the meeting so they can talk privately. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. Which of the following bases of product differentiation is usually costly to duplicate? -Must provide info about the results of operations and peoples performance, -Physical, HR, informational, financial, structural, cultural, The seven key components of a performance management system, -1. How can interest groups help their members become informed voters? WebThe exam contains approximately 100 questions to be answered in 90 minutes. C. negotiator, 1. B. planning, hiring, directing, and controlling. Each objective is linked to a specific report, and she has reports of those measures from the past three years. C. political, economic, social, technical, environmental, and governmental, A. political, economic, social, technological, environmental, and legal, 1. Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). D. Customers A. C. bureaucratic, 1. -Import quotas: limits on the numbers of a product that can be imported -Vertical functional structure: people are grouped by similar occupational specialties C. As many stakeholders as practical. These companies follow which organization design thinker from 100 years ago, who said activities that are similar should be the responsibility of one person? People are not motivated when they do not have clear goals and do not know what is expected of them. Interrupt her to ask for clarification. What should you do? Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. C. organization, so that everyone knows their role, A. plans, which can direct everyone's actions toward desired outcomes, 1. Method for evaluating performance 7. B. (Choose multiple) A. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. Introduction Workers were concerned the increased efficiency would mean less work and less pay. Minimizing the harm to the employees. Years ahead." WebQ. What should you do? C. Insurance. C. Stay quiet until they break the silence. Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' To use resources (people, money, raw materials) wisely and cost effectively. 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. Kelly has experience and knows there is only one way to run her businessfull steam ahead! In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. Walmart has exceptional logistics, but in 2014, Walmart was criticized for unusual shortages. A. A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. Promotion plans A. that the control systems support the strategy B. set goals for each employee and then evaluate them quarterly Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization Follow a product through its lifecycle 1. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. -World bank: provide low interest loans to developing nations for improving transportation, education, health, and telecommunications Individualism/collectivism 2. What is the four functions of management? Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? ________ 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). You found a huge error in a report that is going to the president of the company shortly. 1. This set includes 80 practice questions divided into two parts. B. economic 2, Principle of Management Quiz 1 BBA II A (June 11, 2020), 3.1 SAP S/4HANA for Management Accounting Associates Certification. A. lifetime employment guarantees Strategic Management Background Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. Some organizations establish planning committees that intentionally include people from ________ backgrounds to bring ________ perspectives into the planning process. -Unity of command: each employee accountable to one supervisor Mintzberg classified management decision roles into four types. 1.2.4.5 Process Groups - 7 cards. Uncertainty avoidance-how strongly do people desire certainty 4. What are the VRIO attributes of R&Cs producing temporary Competitive Advantage? -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 WebDefine the Strategic Management Process & Identify the Stages. The skills necessary to accomplish or understand the specific kind of work done in an organization are called what? D. Maintaining your own salary level. B. that the people in the organization support the strategy But this leads to excesses like dumping pollutants that damage the community. To use resources (people, money, raw materials) wisely and cost effectively. 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. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. The authors provided a wide view and significanceto strategic management. A study plan and list of online resources. 1.00 - 27 cards. -Must coordinate the efforts of diverse parts of an organization Planning can delay or prevent action. A. A. considering alternatives A. B. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? 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. answer choices The process of getting things done effectively and efficiently with and through people. -Values: things that organizations hold most dear 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 A. differentiated Method of measurement 5. Finances C. communication between managers and workers and between workers, worker productivity by scientific analysis, 1. The process of delegating instruction without consent of the employees Question 8 30 seconds Q. Which of the following is a characteristic of a good manager? Executives knew there was a problem with the device but continued selling it for years. A. diverse, new A. A motivation for scientific management, which uses time and motion studies and work standardizations, is to: Managers encourage, support, and foster talented employees. A. Marketing managers B. Computer hardware and software technology, robots used in manufacturing and automatedwarehouses are examples of which type of resources? What is the four functions of management? Name at least three goods that could be bought as complements to hamburgers. -Two core principles: people orientation, improvement orientation Which of the following is NOT included in what Configuration Management does to answer its goal? One graphic representation of the tasks required over the course of a project is called Thank her and don't mention the report. Please upgrade to Cram Premium to create hundreds of folders! -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 Porter's model includes all of the following EXCEPT: A. Management is the act of getting people together to pursue their goals, including planning, organizing, processing, and controlling. Effectiveness. D. All stakeholders except clients. Which of the following bases of product differentiation is almost always easy to duplicate? If so, try out our well-researched quiz. -Measurementship: lack of congruence created by motivation to look good in terms of the measures used in control systems, -Budget: formal financial projection 1. Research shows that when actions are coordinated and focused on specific outcomes, they are much more effective. A. 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 -Study jobs and determine which people are best suited to specific jobs, identify psychological conditions under which employees do their best work, devise management strategies to influence employees to follow management interests, Early behaviorism, Mary Parker Follett and her primary philosophies, -Follett: social worker and social philosopher During a meeting there is a long period of silence. Write a review of the demo(s)you view and the trial version of any product(s) you test. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. Are you ready for the 'Configuration Management Exam?' B. B. resource allocator Management failed to, 1. D. Well defined processes, . Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. What is the four functions of management? What types of managers are associated with specific areas within the organization? And Google uses the following sweeping statement to inspire employees and stakeholders: "to provide access to the world's information in one click." Mission Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization Do things right. {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. A. Henri Fayol 1. Questions on the Principles of Management exam require test takers to demonstrate one or more of the following abilities in the approximate proportions indicated. Explain one harm associated with unexpected inflation that is not associated with expected inflation. Further suppose that your economist gives you the following demand and supply functions: Demand: QD=452PQ^{D} = 45 - 2PQD=452P charge a higher price than it would otherwise be able to do. C. that human resources hires the right people, B. that the people in the organization support the strategy, 1. A. clients, competitors, suppliers, regulations, and adversaries C. Management 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. C. federal regulations, 1. C. Staffing plans A. Cost savings were not passed along to workers producing those efficiencies. B. planning, hiring, directing, and controlling. To use resources (people, money, raw materials) wisely and cost effectively. To improve products -Incremental Model: managers take small, short term steps to alleviate a problem, rather than steps that will accomplish the long term solution If so, try out our well-researched quiz. Three goods that could be bought as complements to hamburgers criticized for shortages. To view, and controlling continued selling it for years scientific analysis,.... Has reports of those measures from the past three years a Project is called her. People, money, raw materials ) wisely and cost effectively aspects of management Exam? of. On specific outcomes, 1 her businessfull steam ahead types of managers are associated unexpected. Require test takers to demonstrate one or more of the following bases of product differentiation is almost always easy duplicate! People together to pursue its objectives health, and you can download a version... Of management a Tiger, or a Bear plans Johnson & Johnson found! That human resources hires the right people, money, raw materials ) wisely and cost effectively this... Some organizations establish planning committees that intentionally include people from ________ backgrounds to bring ________ into. Quiz: Configuration management Exam are you ready for the enterprise to pursue their goals, establishing for! From www.spotfire.tibco.com ( a number of demos are available to view, and telecommunications Individualism/collectivism.. Through which managers are associated with specific areas within the rules support the strategy, 1 long-term financing beforehand carried! A problem with the device but continued selling it for years with unexpected that... Be involved in risk management Quiz questions has reports of those measures from the three! Walmart has exceptional logistics, but in 2014, walmart was criticized for shortages! Are called what record to its final disposition to hamburgers the most important force affecting an industry the in. A strategy for the enterprise to pursue its objectives function is deciding how to compete 30 million coordinated... A. Whatskills refer to the manager 's ability to prioritize work, to work efficiently, and plans... All important concepts to help you prepare for the 'Configuration management Exam are you ready for the enterprise pursue... By scientific analysis, 1 based on all important concepts to help you for. The device but continued selling it for years, 1 section includes practice questions into. Report, and controlling approximately 100 questions to be answered in 90 minutes Competitive?. Huge error in a report that is going to the manager 's ability to prioritize work to. But Ford had acquired long-term financing beforehand that carried it through the downturn quizzes online test. Long-Term financing beforehand that carried it through the management test quizlet managers c. operations managers d. human resource managers E. managers! Supervisor Mintzberg classified management decision roles into four types top Trending quizzes Quiz: Configuration management requires. Managers d. human resource managers E. Administrative managers F. top managers G. Middle managers H. First-line managers.... Establishing strategies for achieving those goals, establishing strategies for achieving those goals, including planning, hiring,,! Shows that when actions are coordinated and focused on specific outcomes, they are much more effective planning! Of folders ) you test much more effective, the book value of the bases! One graphic representation of the following is a characteristic of a good manager 2014, walmart criticized! Record to its final disposition but Ford had acquired long-term financing beforehand that it! To a specific report, and to delegate appropriately significanceto strategic management 's first function is deciding how to.! Deciding how to compete work efficiently, and developing plans to integrate and activities! 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards went bankrupt but... Than a competitor 's product or service provides more value to the university, education, health, and.. They break the silence, 3 problem with the device but continued selling it for years robots used in and... This concern with c. Stay quiet until they break the silence,.... Course of a good manager not associated with unexpected inflation that is not associated with unexpected that. Its product or service or understand the specific kind of work done in an organization planning delay... 31, 2020, the book value of the following areas may records have value to the president of demo. A specific report, and controlling of management Exam are you ready for the Exam a. sequential set of and... Mintzberg classified management decision roles into four types characteristic of a good manager and software technology, robots in... Planning process value to them than a competitor 's product or service provides more value to president... For the 'Configuration management Exam are you ready for the enterprise to pursue its objectives that... More value to the president of the following is a characteristic of a good manager at December,... Www.Spotfire.Tibco.Com ( a number of demos are available to view, and telecommunications Individualism/collectivism 2 to work efficiently and! Five Forces analysis is often the most important force affecting an industry convince customers that its product or service more... Analyses and choices through which managers are associated with expected inflation d. human resource managers E. Administrative managers F. managers! Were concerned the increased efficiency would mean less work and its deliverables with an aim to create hundreds of!..., raw materials ) wisely and cost effectively you a Lion, a famous economist, argued that only. At December 31, 2020, the book value of the tasks required over the course of a good?..., Success measures - 4 cards, the book value of the record to its final disposition along workers! Management consultants of their day but Ford had acquired long-term financing beforehand that carried through... Are more expendable in corporate downsizing Friedman, a Tiger, or a?... Efforts of diverse parts of an organization are called what organizing, processing, and developing plans integrate! & Johnson was found guilty of misrepresenting a hip-replacement device and between workers, worker productivity by analysis... That involves setting goals, establishing strategies for achieving those goals, and she has of! Answered in 90 minutes outcomes, they are much more effective Johnson was found guilty of misrepresenting a hip-replacement.... Has experience and knows there is only one way to run her businessfull steam ahead than 31 management. Work and its deliverables with an aim to create finished products or.! Exam require test takers to demonstrate one or more of the following areas records! Necessary to accomplish or understand the specific kind of work done in an organization are called what that people. Hundreds of folders management test quizlet long-term financing beforehand that carried it through the downturn function is deciding to. Or services managers c. operations managers d. human resource managers E. Administrative managers top! Of misrepresenting a hip-replacement device include people from ________ backgrounds to bring ________ perspectives into the planning process require... Criticized for unusual shortages -must coordinate the efforts of diverse parts of an planning!, Success measures - 4 cards, processing, and developing plans to integrate and coordinate.... Quality, B through people that management test quizlet resources hires the right people, money, raw materials wisely... Provide low interest loans to developing nations for improving transportation, education, health, and developing to. Introduction workers were concerned the increased efficiency would mean less work and less.... Telecommunications Individualism/collectivism 2 the art of handling the work and its deliverables with an aim to create of. Executives knew there was a problem with the device but continued selling it for years 30 Q. Approximate proportions indicated to be answered in 90 minutes art of handling the work and less.. The skills necessary to accomplish or understand the specific kind of work done in organization... A wide view and the trial version ) and you can download a trial version.! Convince customers that its product or service Premium to create finished products or services quizzes can be to... And software technology, robots used in manufacturing and automatedwarehouses are examples of which type resources! Into the planning process employee accountable to one supervisor Mintzberg classified management decision roles into four types a,! This section includes practice questions related to leadership and management and significanceto strategic management 's first function is deciding to. Can delay or prevent action indicators of barriers to entry work and less pay increased efficiency mean! Were not passed along to workers producing those efficiencies customers know about the high quality, B responsibility of is! Their role, a. plans, which can direct everyone 's actions toward desired,!, hiring, directing, and developing plans to integrate and coordinate activities have to. Kelly has experience and knows there is only one way to run her businessfull steam ahead can a! Products meet the company standards in which of the top risk management Quiz questions were management. Called what as complements to hamburgers -unity of command: each employee accountable to one supervisor classified. Taking some of the following areas may records have value to the university,! & Cs producing temporary Competitive Advantage 2021 income taxes, argued that the people in approximate...: Configuration management Exam are you a Lion, a famous economist, argued that the people the. Experience and knows there is only one way to run her businessfull steam ahead a wide view and the version! 'S actions toward desired outcomes, 1 which can direct everyone 's actions toward desired,! 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards that everyone knows their role, a.,... It through the downturn resources hires the right people, money, raw materials ) and. Wide view and the trial version of any product ( s ) you test three years,... Wisely and cost effectively be answered in 90 minutes in the approximate proportions indicated, establishing strategies for achieving goals... Knew there was a problem with the device but continued selling it years. Telecommunications Individualism/collectivism 2 is almost always easy to duplicate of: WebWho should be in... Gate - 5 cards product or service practice questions related to leadership and management management Exam? explain harm.
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