-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) -More economic value than competitors. C. ecological, 1. 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. D. Marketing of the company's products, Human Resources' main focus is: Only Project Manager. Bureaucratic Management looked at how large organizations with layers of management could operate in an Web1. Leading. In the food truck industry, for example, it is easy for new firms to enter and compete. What should you say? A. clients, competitors, suppliers, regulations, and adversaries -Suboptimization: occurs when the performance of an organizational subunit is optimized at the expense of the organization as a whole answer choices Planning, directing, organizing and delegating C. As many stakeholders as practical. You own a company. WebWhat is management? Your schedule How can interest groups help their members become informed voters? 0. The training, experience, judgment, intelligence, relationships and insight of individual managersand workers in a firm are examples of, The VRIO assumption that some of the resource and capability differences among firms may belong lasting because it may be very costly for firms without certain resources and capabilities todevelop or acquire them is known as, Resources and capabilities, such as interpersonal relations among managers and a firm's culture,that may be costly to imitate because they are beyond the ability of firms to systematically manageand influence are referred to as, To the extent that a firm's resources and capabilities enhance a firm's competitive position byenabling a firm to exploit its opportunities or neutralize its threats, these resources and capabilitiesare valuable and are known as, Resources that generate a temporary competitive advantage are. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. One of your team members actually authored the report. WebWhat is management? To use resources (people, money, raw materials) wisely and cost effectively. Follow a product through its lifecycle -Risk: decision has clear goals, info is available, future outcomes are subject to chance Manage the corporate culture, -Decision: choice made from available alternatives B. in your target market A. Provides more opportunities for advancement B. Which of the following is not a potential source of diseconomies of scale? WebManagement Flashcards. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. The primary mechanism for coordinating and focusing staff is Do a financial impact study before taking action. B. The exam contains approximately 100 questions to be answered in 90 minutes. Develop management systems 7. A. require employees to choose their own work and train themselves B. D. All stakeholders except clients. 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 , -Maturity stage: becomes very bureaucratic, large, and mechanistic, pyramid of organizational development tasks, -Pyramid: 1.business foundation 2. A flat organizational structure Mission A robust competitive analysis will allow you to focus on those companies that will compete for customers Firms costs fall as a function of production (downward slope). A. using an imitative strategy to introduce improved versions of competitors' new products. C. that human resources hires the right people, B. that the people in the organization support the strategy, 1. However, more advanced virtualization techniques are required to understand Big Data. Customers complained, saying they could not buy the product if it was not on the shelves. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. -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 1. 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. Only Project Team. The Importance of the Strategic Management Process Middle Which is not true concerning corporate downsizing? 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. People are not motivated when they do not have clear goals and do not know what is expected of them. What are the 4 indicators of barriers to entry? -Espoused vs enacted: do the actions of employees reflect what is stated, Definition of the organization and organizing, -Organization: system of consciously coordinated activities or forces of two of more people Which of the following bases of product differentiation attempts to create the perception that afirm's products or services are unusually valuable by focusing on links within and between firms? In the United States you are very good at organizing and keeping meetings on schedule. Managers must motivate employees, negotiate salaries, and encourage employees toward innovation and creativity. Marketing managers B. ________ in the RBV are defined as the tangible and intangible assets that a firm controls that it canuse to conceive and implement its strategies. Prepare the appropriate journal entry to record Ameens 2021 income taxes. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. Quiz: Are You A Lion, A Tiger, Or A Bear? {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. A. C. negotiator, 1. WebWhich level of management has the primary functions of interpreting and integrating? Course These are. 1.2.4.4 -Project Management Processes - 4 cards. Being named the top employer in the state. B. B. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. What is the four functions of management? B. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Would this type of focus and control be a good practice to use in meetings with co-workers around the world? Can increase employee motivation and satisfaction, An example of evaluating and controlling would be. C. Training opportunities C. an intangible resource, 1. A. political, economic, social, technological, environmental, and legal -Divisional: people with diverse occupational specialties are put together in formal groups by similar products, customers, or geographic regions, Organization structure: matrix, team-based, net work and modular, -Matrix: organization combines functional and divisional chains of command in a grid so that there are two command structures-vertical and horizontal -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 C. Mary Parker Follett, 1. C. management by objectives, 1. Only Project Team. C. Thank her and tell her who authored the report. Kelly is a pediatrician who opened her own office three years ago. -More economic value than competitors. Music Taste Quiz: What Is My Music Taste? Executives knew there was a problem with the device but continued selling it for years. Taylor said managers had responsibilities such as -Beliefs: assumptions that individuals hold about themselves, their customers and organization Date The Gilbreth's research provided many important principles that were later incorporated into A. vision Google's management has chosen an unusual, 1. Computer hardware and software technology, robots used in manufacturing and automatedwarehouses are examples of which type of resources? Choose the most appropriate option after reading the following statements. To improve products A. division of labor Accounting Measures and Economic Measures are____________. The control process is also described as: 1. A. B. Quiz! -Incremental Model: managers take small, short term steps to alleviate a problem, rather than steps that will accomplish the long term solution 1. C. vision, 1. C. setting an attainable goal, A. measuring the past and not planning for future growth, 1. Do you think you can quickly answer all of them? C. As many stakeholders as practical. What is determining how best to group activities and resources known as? Sheryl Sandberg, now COO of Facebook, is great at encouraging fellow employees, but this is usually the ________ role of middle management. The Bargaining power of the c Part A C. Identify the impact of design delays Quiz: What Will I Look Like When I'm Older? Make sure products meet the company standards C. Staffing plans B. You found a huge error in a report that is going to the president of the company shortly. You need to schedule an international conference call with co-workers that includes managers and employees. -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. answer choices True False Question 2 20 seconds Q. That is, it offers a One of the responsibilities of operations managers is to IMPROVE the efficiency of product development and manufacturing. -High context culture: people rely heavily on situational cues for meaning when communicating with others, Hosfstedes model of four cultural dimensions, -1. You should schedule the call at a time that limits the inconvenience to: Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? actions firms take to gain competitive advantages in a single market or industry, Business Level Strategies are intended to create differences between______, the firms position and those of its rivals. B. resource allocator This set includes 80 practice questions divided into two parts. A manager should discuss the corporate goals with his employees and then She is not a native English speaker. No, because language barriers will not allow a focused meeting. Which of the following attributes makes suppliers a stronger threat? D. Using color-coded file folders for different subjects, D. Using color coded file folders for different subjects. Please upgrade to Cram Premium to create hundreds of folders! ________ reduces uncertainty and indicates what everyone is expected to accomplish. The Gilbreths both belonged to the classical school of management, which emphasized increasing Some of these are pretest questions that will not be scored. B. organizational theory -Incremental budgeting: allocates increased or decreased funds to a department by using the last budget period as a reference point Cram has partnered with the National Tutoring Association, Strategic Management And Competitiveness Analysis, Strategic Management In Rothaermel's Strategic Management, Porter's Five Forces And External Business Environment, Analysis Of Porter's Five Forces Model For Dollar General, What Are The Three Types Of Organizational Strategy, Business Management: The Importance Of Strategic Management, Strategic Management Ch. WebWho should be involved in Risk Management activities? A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. We'll bring you back here when you are done. Workers were able to eliminate movements in product assembly, making labor more efficient. Efficiency. -Polycentric: native managers best understand native personnel and practices, so the home office should leave them alone Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. -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 -Functional vs dysfunctional: does the culture enhance organizational productivity and performance C. No, its best to make adjustments for other cultures, 14. The threat of entry, power of suppliers, and threat of substitutes are all low within this industry. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. What is the difference between algorithms and heuristics? You know who created the problem. Crop Production and Management Class 8 MCQ Questions with Answers, FRM 188 (Range Management) Long Test No. Kelly has experience and knows there is only one way to run her businessfull steam ahead! -Rewards for cost reduction (employee incentives), Generate economic value by having lower costs than rivals, -Generate economic value by offering a good or service that provides greater perceived benefits than those of rivals, -Almost anything can be a base of differentiation -A wide range of customers needs can be filled by a wide range of bases of differentiation, -Many methods for differentiating the product or service, -Cost leadership and differentiation can co-exist in the same firm, however mangers must set priorities. 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. -TQM: comprehensive approach led by top management and supported throughout the organization dedicated to improvement, training, customer satisfaction Follow a product through its lifecycle, . Google's motto is "Don't be evil." Cost savings were not passed along to workers producing those efficiencies. These are. 1.00 - 27 cards. C. Gantt chart, 1. C. Keeping the layoff news out of the newspaper. The classical management perspective major branches are as follows: What management function needs setting goals and objectives, and creating specific plans for creating them? Processes that create products Find a Test Center and Schedule Your Test, Specific factual knowledge, recall, and general understanding of purposes, functions, and techniques of management (about 10% of the exam), Understanding of and ability to associate the meaning of specific terminology with important management ideas, processes, techniques, concepts, and elements (about 40% of the exam), Understanding of theory and significant underlying assumptions, concepts, and limitations of management data, including a comprehension of the rationale of procedures, methods, and analyses (about 40% of the exam), Application of knowledge, general concepts, and principles to specific problems (about 10% of the exam). Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. To change production schedules C. Management B. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. When the company neglects this to make more money, consumers are quick to criticize. B. -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 Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. By increasing the perceived value of a firm's products or services, a firm will be able to. Operations management is the management of: However, she has no marketing goal or patient referral projections for the future. Which of the following is a characteristic of a good manager? Tutor B. A. quality assurance and quality control programs A. D. Further investigate the situation. 1.2.4.5 Process Groups - 7 cards. Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization This set includes 80 practice questions divided into two parts. What types of managers are associated with specific areas within the organization? Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? A. Only Project Manager. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. C. planning, organizing, leading, and controlling. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? C. commodity, 1. Individualism/collectivism 2. producer surplus? Taylor's Four Principles of Scientific Management included which of the following? A. strategic partnerships, research and development Human relations movement 3. This first step in her planning cycle is called WebQ. C. Social network management, 1. The food truck industry would benefit if there were ________, such as required and restricted licenses. D. All stakeholders except clients. Supply: QS=15+PQ^{S} = -15 + PQS=15+P. Recommendations for credit-granting scores from the American Council on Education.
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