Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? Some of these are pretest questions that will not be scored. What is one of the most important things you should focus on? Management can be approached as either, 1. C. Product design schedules 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. industry analysis WebThe exam contains approximately 100 questions to be answered in 90 minutes. Firms costs fall as a function of production (downward slope). You meet a new employee who has recently transferred to your office from China. answer choices The process of getting things done effectively and efficiently with and through people. I. Kelly has experience and knows there is only one way to run her businessfull steam ahead! Strategic Management Background Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. 1. 1.2.6.2 - Project Benefits Management Plan - 6 cards. Executives knew there was a problem with the device but continued selling it for years. -Import quotas: limits on the numbers of a product that can be imported Human Resources works with managers to do employee evaluations. -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 A. Effectiveness. These are aspects of which macro term? Provides more opportunities for advancement B. Your boss stops you in the hallway to commend you on a report you submitted to her. 1. In which of the following areas may records have value to the university? 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. C. code of ethics, 1. Please upgrade to Cram Premium to create hundreds of folders! Further suppose that your economist gives you the following demand and supply functions: Demand: QD=452PQ^{D} = 45 - 2PQD=452P -Norms: rules of behavior that address such issues as how employees dress and interact, usually found in employee handbook, The four function of organization culture, -Organizational identity, collective commitment, social system stability, sense making device, -Level 1: observable artifacts (enacted culture) Ask your manager to solve the problem. The general environment analysis considers broad societal dimensions influencing the industry or firms within it. The general environment areas include Dr. Kelly will struggle with the planning cycle that recommends C. Human resources in a company Decide if the product will be successful In general, what is a business's most valuable resource? Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization -Accountability: mechanism through which authority and responsibility are brought into alignment A. project planning chart His concept was to engage the employee's intrinsic motivation. -Responsibility: duty to perform the task or activity the employee has been assigned D. Money, 0. The second function is to make sure A. corporate values Bureaucratic Management looked at how large organizations with layers of management could operate in an Develop management systems 7. This set includes 80 practice questions divided into two parts. (Choose multiple). WebWho should be involved in Risk Management activities? Efficiency. A. division of labor D. Equipment upgrades, 19. C. Insurance. Statements: 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? B. planning, hiring, directing, and controlling. -High context culture: people rely heavily on situational cues for meaning when communicating with others, Hosfstedes model of four cultural dimensions, -1. C. No, it is best to make adjustments for other cultures. This is an example of: B. SitemapCopyright 2005 - 2023 ProProfs.com. One way to temper the profit goal is an explicit statement of -Suboptimization: occurs when the performance of an organizational subunit is optimized at the expense of the organization as a whole Interrupt her to ask for clarification. Pretax accounting income for 2021 was$50 million. {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. The classical management perspective major branches are as follows: What management function needs setting goals and objectives, and creating specific plans for creating them? -Maturity stage: becomes very bureaucratic, large, and mechanistic, pyramid of organizational development tasks, -Pyramid: 1.business foundation 2. This is Apple's At December 31, 2021, the book value of the equipment was $28 million. A. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. -More economic value than competitors. Jim Roth, dell worker, related to his factory team by doing what? A. environmental Prepare the appropriate journal entry to record Ameens 2021 income taxes. This insight is part of Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization Workers were able to eliminate movements in product assembly, making labor more efficient. And Google uses the following sweeping statement to inspire employees and stakeholders: "to provide access to the world's information in one click." A. (Choose multiple) A. Quiz: What Will I Look Like When I'm Older? Your schedule valuable and rare but not costly to imitate. A. B. clear and coherent manner A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. Manage the actions of each of their staff members Recommendations for credit-granting scores from the American Council on Education. A. considering alternatives Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. B. In general, first-mover advantages can arise from any of these sources except. Mintzberg classified management decision roles into four types. B. political, essential, social, technological, ecological, and legal B. Reporting structure, culture, planning & controlling mechanisms, etc. C. impersonality, 1. Some of these are pretest questions that will not be scored. C. entrepreneur, controller, and negotiator, A. resource allocator, disturbance handler, and negotiator, 1. B. What should you do? Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology Do things right. -Satisficing models: managers seek alternatives until they find one that is satisfactory, not optimal, -Bounded rationality and satisficing model: managers seek alternatives until they find one that is satisfactory The five components of industry environment are The Principles of Management exam requires knowledge of human resources and operational and functional aspects of management. answer choices Planning, directing, organizing and delegating sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. B. mission statement A. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. All other things being equal, which of the following would lead to lower barriers to entry in anindustry? When designing a new product, a good schedule helps management? WebWhat is management? Management function that involves working with and through people Some of these are pretest questions that will not be scored. Objectives 3. Tutor 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. Google has a flatter organization chart than most large companies. Would this type of focus and control be a good practice to use in meetings with co-workers around the world? C. in your market, 1. D. To set vacation benefits, 9. 1. D. Leave the meeting so they can talk privately. Key results areas 2. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. B. in your target market A. https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) 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. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. C. commodity, 1. D. Efficiency, A primary goal of quality assurance and control programs is to: Management is the act of getting people together to pursue their goals, including planning, organizing, processing, and controlling. C. To adjust compensation A. planning, organizing, directing, and feedback. Solve the problem without assigning blame, 8. 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. A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. These tools can help auditors make sense of the increasing amount of data, beyond just the traditional financial statements, available from their clients. -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 Google's motto is "Don't be evil." Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. No, because language barriers will not allow a focused meeting. Management by objectives is Peter Drucker's version of goal setting. using an imitative strategy to introduce improved versions of competitors' new products. Engineers talk to each other across the organization. Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization A. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. can increase the firms cost of developing its products or services - specifically by either charging a higher price or providing a lower quality, can decrease the price a firm is able to charge for its product or service, Meet approximately the same needs but do so in a different manner place a ceiling on the price a firm can charge for its products or services, The intensity of competition among the firms competitors often results in a reduction of price a firm can charge for its product or service. A. C. efficient, rational manner, 1. Competitive Advantage. Strategy enables businesses to evaluate the external opportunities and threats that effect their success STRATEGIC MANAGEMENT A. plans, which can direct everyone's actions toward desired outcomes answer choices True False Question 2 20 seconds Q. These are. com (if you click on learning you can choose between an "on-demand" product demo or you can schedule a "live" demo). Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. A. What should you do? Provides more opportunities for advancement B. B. -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 A. B. Marketing managers B. In any ethical situation, the most important thing is to: A. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? B. C. vision, 1. What are the 4 indicators of barriers to entry? Effectiveness. Each objective is linked to a specific report, and she has reports of those measures from the past three years. Choose the most appropriate option after reading the following statements. A. generic product The rate of return that a firm promises to pay its suppliers of capital (debt & equity) to induce them to invest in the firm. B. 1.00 - 27 cards. Civil wars, political coups, terrorism, wars between countries, famines, and country or regionaleconomic recessions are all examples of which element of the general environment? C. Social network management, 1. These are, C. planning, organizing, leading, and controlling. WebDefine the Strategic Management Process & Identify the Stages. B. resource allocator The Gilbreth's research provided many important principles that were later incorporated into A. quality assurance and quality control programs She took a goal-setting class and created seven goals for her organization and managers. Follow a product through its lifecycle, . B. Research shows that when actions are coordinated and focused on specific outcomes, they are much more effective. -Incremental budgeting: allocates increased or decreased funds to a department by using the last budget period as a reference point -Modular: firm assembles product chunks, or modules, provided by outside contractors, -Mechanistic: centralized hierarchy of authority, many rules and procedures, specialized tasks, formalized communication -Maslow's hierarchy of needs: physiological, safelty, social, esteem, self-actualization WebManagement Flashcards. -TQM: comprehensive approach led by top management and supported throughout the organization dedicated to improvement, training, customer satisfaction C. an intangible resource, 1. A. -Risk: decision has clear goals, info is available, future outcomes are subject to chance A. planning, organizing, directing, and feedback. C. Thank her and tell her who authored the report. What types of managers are associated with specific areas within 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. WebWhich level of management has the primary functions of interpreting and integrating? C. Tasks and responsibilities are shared within teams. The supplier's industry is dominated by a small number of firms. A. lifetime employment guarantees Carefully review the card and then put it in a special place, 1. A. that the control systems support the strategy answer choices Legal Financial Historical All the above Question 3 10 seconds Q. answer choices True False Question 2 20 seconds Q. B. scheduling chart One graphic representation of the tasks required over the course of a project is called In which of the following areas may records have value to the university? Date What are the 6 areas on the General Environment that should be considered? Planning can delay or prevent action. A. WebQ. A. strategic partnerships, research and development 2, Principle of Management Quiz 1 BBA II A (June 11, 2020), 3.1 SAP S/4HANA for Management Accounting Associates Certification. C. Tooling A motivation for scientific management, which uses time and motion studies and work standardizations, is to: Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. 1.00 - 27 cards. Middle Which is not true concerning corporate downsizing? In these companies, accountants report to a senior accountant; salespeople report to an executive of sales. What types of managers are associated with specific areas within the organization? WebThe exam contains approximately 100 questions to be answered in 90 minutes. Cost savings were not passed along to workers producing those efficiencies. Music Taste Quiz: What Is My Music Taste? Questions and Answers 1. What are the 4 generic industry structure? A. informational Explain one harm associated with unexpected inflation that is not associated with expected inflation. What is the difference between algorithms and heuristics? Planning is boring. C. Thank the person for giving you their card. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. A. B. D. Maintaining your own salary level. Marketing managers B. Taylor's Four Principles of Scientific Management included which of the following? Questions and Answers 1. -World bank: provide low interest loans to developing nations for improving transportation, education, health, and telecommunications Principles from the ________ school of management were originally designed to prevent favoritism and incompetence. A company wishes to convince customers that its product or service provides more value to them than a competitor's product or service. -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 D. Further investigate the situation. Are you ready for the 'Configuration Management Exam?' Many companies are organized along functional lines. ________ 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). Your boss tells you the company needs to save money, so you have to lay-off employees and make other budget cuts. -Team based: (process) workgroups are used to improve horizontal relations and solve problems throughout the organization B. C. suppliers' negotiating power, threat from substitutes, and rivalry, A. strategic partnerships, research and development, 1. All of the following are elements of the general environment except. Focus on providing accurate and timely information to them as you get it. -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 C. As many stakeholders as practical. B. value proposition Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). B. planning, hiring, directing, and controlling. If so, try out our well-researched quiz. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. Prior to Taylor, managers were owners or appointed by the owners with no role beyond oversight. C. Ask for a translator to make communication easier. C. fixed salaries, 1. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Scholarship Exam Quiz: Questions And Answers. Web1. B. 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. WebManagement Test Chapter 1 General Management Test 1 Chapter 1: General Management Test 1 Chapter 4:E risk management test 1 set 4 Business Management 1B Test 1 LU2 (4) Pharm Care/Management Test 4 Set 1 Chapter 1-4 Test Flashcards Management test 1 Chapter 1-4 Management Test 1 Chapter 1-4 by mikedonovan90 , C. a clear mission, 1. B. C. Staffing plans WebWhat is management? The Principles of Management exam covers material that is usually taught in an introductory course in the essentials of management and organization. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. In the food truck industry, for example, it is easy for new firms to enter and compete. 1. When the company neglects this to make more money, consumers are quick to criticize. C. Keeping the layoff news out of the newspaper. -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 Only Project Manager. Which is a limitation of scientific management? -Directive: people are efficient, logical, practical, and systematic in their approach to solving problems, action oriented, decisive, focus on facts, low tolerance to ambiguity Method for evaluating performance 7. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. B. The procedure wherein managers evaluate the in That necessity leads to the buyer-supplier relationship. Please sign in to share these flashcards. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. -Flat structure: wide span and fewer levels, -Centralization: decision authority is located near the top of the organization -Values: things that organizations hold most dear A. B. senior management process without any middle management involvement There were no other temporary differences and no permanent differences. A. mission -Importance: rise of virtual organizations, rise of boundaryless organizations, speed and innovation, The significance about learning about international management, Many places are multinational, may deal with foreign customers or partners, Globalization, the global village and e-commerce, -Globalization: trend of the world economy toward becoming a more interdependent system You know who created the problem. WebDefine the Strategic Management Process & Identify the Stages. D. All stakeholders except clients. What is the four functions of management? 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. C. that human resources hires the right people, B. that the people in the organization support the strategy, 1. A. planning, organizing, directing, and feedback. Do you think you can quickly answer all of them? This is called What does "death by planning" mean? C. As many stakeholders as practical. This refers to the lightweight design and the advanced tech inside. A. authority and responsibilities are shared so that each person can add to the collective effort C. setting an attainable goal, A. measuring the past and not planning for future growth, 1. 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. Power distance-how much do people accept inequality in power 3. C. planning, organizing, leading, and controlling. Productivity -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 -Three phases: 1. The Importance of the Strategic Management Process C. Determine the financial impact before taking action. WebManagement Test Chapter 1 General Management Test 1 Chapter 1: General Management Test 1 Chapter 4:E risk management test 1 set 4 Business Management 1B Test 1 LU2 (4) Pharm Care/Management Test 4 Set 1 Chapter 1-4 Test Flashcards Management test 1 Chapter 1-4 Management Test 1 Chapter 1-4 by mikedonovan90 , Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. B. owners are directly involved in management to protect their interests B. written policies Talk to your coworkers. Web1. What should you do if you have trouble communicating with her? Testing to ensure quality products Yes, it is best to do what you know will work. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. C. value proposition, 1. Sheryl Sandberg, now COO of Facebook, is great at encouraging fellow employees, but this is usually the ________ role of middle management. D. All stakeholders except clients. C. barriers to entry, 1. Mission The quiz below consists of some basic questions about management processes and functions. C. Thank her and tell her who authored the report. Questions divided into two parts very bureaucratic, large, and negotiator, a. resource allocator disturbance... Other budget cuts, a good practice to use in meetings with co-workers the. 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