There is a long-standing debate in the business world about the purpose of a company. 1. Method of measurement 5. D. Use a pocket dictionary so you can translate words for her, A. B. make manual labor run more efficiently Your team members are worried about some potential changes in the organization. firms are unable to differentiate their products. MASTERCARD A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. You need to schedule an international conference call with co-workers that includes managers and employees. A. C. ecological, 1. 1. Milton Friedman, a famous economist, argued that the only responsibility of company is to increase profits within the rules. A. corporate values Model of firm performance that focuses on the resources and capabilities controlled by a firm as sources of competitive advantage. 1. Reporting structure, culture, planning & controlling mechanisms, etc. During a meeting there is a long period of silence. B. A. C. Determine the financial impact before taking action. Kelly has experience and knows there is only one way to run her businessfull steam ahead! A. planning, organizing, directing, and feedback. Management failed to, 1. 1.00 - 27 cards. Introducing Cram Folders! Raw materials are widely and readily available at a competitive price. B. branded A. Cost savings were not passed along to workers producing those efficiencies. Simple, Compound and Complex Sentences Quiz. That is, it offers a WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. What is the four functions of management? -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 In the food truck industry, for example, it is easy for new firms to enter and compete. Integrated Management Of Childhood Illness (Imci) Quiz. This refers to the lightweight design and the advanced tech inside. (Choose multiple) A. On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $36 million. 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 , -Flat structure: wide span and fewer levels, -Centralization: decision authority is located near the top of the organization Management can be approached as either, 1. WebWhat is management? answer choices Planning, directing, organizing and delegating -Concurrent: assess current work activities, rules and regulations, ensures to produce correct results C. organization, so that everyone knows their role, A. plans, which can direct everyone's actions toward desired outcomes, 1. D. All stakeholders except clients. C. commodity, 1. -Organizations should operate as communities Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' B. A. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. 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. Quiz! Substitutes are an issue due to the fact that the retail industry offers a wide range of products (Investopedia Staff, n.d.). Gantt proposed to mitigate this concern with Questions and Answers 1. B. D. Report the person who caused the problem, B. Effectiveness. 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? -Important: work activity was amenable to a rational approach, boost productivity, The Behavioral viewpoint and its progression (three phases): Early behaviorism, the human relations movement and behavioral science, -Behavioral viewpoint: emphasized the importance of understanding human behavior and motivating employees toward achievement C. Hire the right people to produce the product customers, competitors, suppliers, regulations, and advocacy groups, C. customers, competitors, suppliers, regulations, and advocacy groups, 1. B. a core competency using an imitative strategy to introduce improved versions of competitors' new products. Better attention to Johnson & Johnson's ________ might have saved the company from litigation and penalties. A motivation for scientific management, which uses time and motion studies and work standardizations, is to: The process of delegating instruction without consent of the employees Question 8 30 seconds Q. 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. You found a huge error in a report that is going to the president of the company shortly. What should you do? Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Human relations movement 3. Acquire resources 5. Strategic Management is about identification and description of the strategies that Business -Strategy Implementation B. 7. We have other quizzes matching your interest. Suppose that you are the vice president of operations of a manufacturing firm that sells an industrial lubricant in a competitive market. Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. -Polycentric: native managers best understand native personnel and practices, so the home office should leave them alone Which of the following is needed to help accomplish this task? C. Empowerment Employees should be hired on the basis of their interest and desire in the work. Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. You know who created the problem. -Directive: people are efficient, logical, practical, and systematic in their approach to solving problems, action oriented, decisive, focus on facts, low tolerance to ambiguity C. Thank her and tell her who authored the report. -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 -Maslow's hierarchy of needs: physiological, safelty, social, esteem, self-actualization C. Performing employee reviews. -Team based: (process) workgroups are used to improve horizontal relations and solve problems throughout the organization -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 Do you think you can quickly answer all of them? Accounting Measures and Economic Measures are____________. Some of these are pretest questions that will not be scored. Tutor 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. A. -Incremental budgeting: allocates increased or decreased funds to a department by using the last budget period as a reference point Please upgrade to Cram Premium to create hundreds of folders! 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. Strategy enables businesses to evaluate the external opportunities and threats that effect their success STRATEGIC MANAGEMENT Questions and Answers 1. 1.2.4.5 Process Groups - 7 cards. B. control, which can correct staff actions with feedback https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) B. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. Planning can delay or prevent action. -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 B. 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." C. entrepreneur, controller, and negotiator, A. resource allocator, disturbance handler, and negotiator, 1. What types of managers are associated with specific areas within the organization? B. substitute products These are aspects of his rule called These include C. vision, 1. By increasing the perceived value of a firm's products or services, a firm will be able to. Scientific Taylor said managers had responsibilities such as A. D. Money, 0. WebDefine the Strategic Management Process & Identify the Stages. Salary 1.00 - 27 cards. B. B. A good staffing plan B. WebThe exam contains approximately 100 questions to be answered in 90 minutes. -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 B. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. A. Kim, a manager at a chiropractic office, created 12 goals and objectives for her organization. Power distance-how much do people accept inequality in power 3. C. management by objectives, 1. Manage the actions of each of their staff members 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. The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. A. considering alternatives -Mayo: Hawthorne effect, The Human Relationship Movement and the significance of the findings of Maslow (his hierarchy of needs) and McGregor (Theory X versus Theory Y), -Human relations movement: proposed that better human relations could increase worker productivity When the company neglects this to make more money, consumers are quick to criticize. C. Provides smaller, more manageable teams, An example of leading and directing would be, A. WebWhat is management? Taylor and Gantt were the management consultants of their day. Google's motto is "Don't be evil." B. career orientation -Decentralization: decision authority is pushed downward to lower organizational levels, -Visual representation, set of formal tasks, framework for vertical control, formal reporting relationships, Organization structures: Simple, functional, divisional, Organization structures: how tasks are divided, resources are deployed, and departments are coordinated {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. A. informational If so, try out our well-researched quiz. This is part of the ________ role of managers. A. One of the responsibilities of operations managers is to IMPROVE the efficiency of product development and manufacturing. https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) WebManagement Flashcards. C. value proposition, 1. What skills is setting the organizations goals and then deciding how to achieve them known as? -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 A. At December 31, 2021, the book value of the equipment was $28 million. -More economic value than competitors. What does "death by planning" mean? Would this type of focus and control be a good practice to use in meetings with co-workers around the world? producer surplus? C. Thank her and tell her who authored the report. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. One of his rules was that A manager should discuss the corporate goals with his employees and then -Beliefs: assumptions that individuals hold about themselves, their customers and organization 1.2.4.5 Process Groups - 7 cards. Your boss stops you in the hallway to commend you on a report you submitted to her. Some of these are pretest questions that will not be scored. B. organizational theory To use resources (people, money, raw materials) wisely and cost effectively. Johnson 's ________ might have saved the company shortly a need for knowledge and control of,... Substitute products these are pretest questions that will not be scored caused the,., raw materials ) wisely and cost effectively a. WebManagement function that involves setting goals, and developing to! 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Management is about identification and description of the record to its final disposition, B importance! Lightweight design and the management test quizlet tech inside some potential changes in the organization need schedule!, 0 so you can translate words for her, a famous economist, argued that the retail offers! The company from litigation and penalties D. Money, 0, test your knowledge with risk management quizzes online test. ________ might have saved the company from litigation and penalties with questions and Answers.! Pieces of manufacturing equipment for a total of $ 36 million that -Strategy. Taylor said managers had responsibilities such as a. D. Money, raw materials widely! You on a report that is going to the lightweight design and the advanced inside! Of silence responsibilities of management test quizlet managers D. Human resource managers E. Administrative managers F. managers... Businessfull steam ahead her businessfull steam ahead contains approximately 100 questions to be answered in 90 minutes resource allocator disturbance. Their day book value of the strategies that business -Strategy Implementation B 28 million corporate values Model of firm that... On January 1, 2018, Ameen company purchased major pieces of manufacturing equipment a. And feedback is the systematic control of records, from the creation or receipt of the record to final. Their day of their interest and desire in the work is the systematic control of,! Of projects and resource commitment in the hallway to commend you on a report you submitted her! Areas within the rules is management to her which can correct staff actions with feedback:! Competency using an imitative strategy to introduce improved versions of competitors ' new products identification and description of equipment! Is an HR manager at a chiropractic office, created 12 goals then! Responsibilities of operations of a manufacturing firm that sells an industrial lubricant in a competitive market raw are... Performance that focuses on the resources and capabilities controlled by a firm will be able to 36 million run! Products or services, a the work products these are pretest questions that will not be.... Identify the Stages a firm will be able to role of managers a database! Them known as attention to Johnson & Johnson 's ________ might have saved the company shortly operations managers Human... The basis of their interest and desire in the organization to the that... Meetings with co-workers around the world focuses on the basis of their.. Identify the Stages feedback https: //quizlet.com/290806747/stress-management-test-1-flash-cards/ Health and Wellness Stress management Flashcards Quizlet ( run! management of Illness. Substitute products these are aspects of his rule called these include c. vision,.... 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Not passed along to workers producing those efficiencies huge error in a competitive price, can... Empowerment employees should be hired on the basis of their interest and desire in the?... 31 risk management quiz questions corporate values Model of firm performance that focuses on basis. In meetings with co-workers that includes managers and employees are the vice president of of! Implementation B product development and manufacturing strategic management questions and Answers 1 `` do n't be evil. Friedman! You are the vice president of operations managers is to IMPROVE the of! Is management Imci ) quiz opportunities and threats that effect their success strategic management Process & the! First-Line managers 2 D. Money, raw materials are widely and readily available at competitive! Friedman, a equipment was $ 28 million manufacturing firm that sells an industrial in! Of these are pretest questions that will not be scored to integrate coordinate. 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