Filters
Question type

Study Flashcards

You manage a Verizon Store. Explain how each of the four perspectives of the balanced scorecard is relevant to your business.

Correct Answer

verifed

verified

A balanced scorecard gives top managers ...

View Answer

Roberta, a customer service manager, tracks monthly complaints and has been trying over the past six months to reduce complaints to less than 0.2 percent through additional training for her staff. She is engaged in


A) organizing.
B) controlling.
C) measuring.
D) leading.
E) planning.

F) All of the above
G) A) and E)

Correct Answer

verifed

verified

Which of the following is a primary function of management?


A) communicating
B) globalizing
C) cooperating
D) organizing
E) influencing

F) A) and D)
G) A) and C)

Correct Answer

verifed

verified

Which of the following areas of control for organizations exerts informal control?


A) structural
B) human resources
C) informational
D) competitive
E) cultural

F) None of the above
G) D) and E)

Correct Answer

verifed

verified

Incremental budgeting allocates increased or decreased funds to a department by using the last budget period as a reference point; only incremental changes in the budget request are reviewed.

A) True
B) False

Correct Answer

verifed

verified

This question contains two parts; be sure to answer both. First, describe the barriers to the success of control systems. Second, consider one of your college classes as an example and your instructor as someone who would like to have good control systems in place. Explain if and how the barriers have detracted from your instructor's performance in the class.

Correct Answer

verifed

verified

The barriers are:
• too much control.
• ...

View Answer

Unlike the ISO 9000 series, the ISO 14000 series identifies standards for environmental performance.

A) True
B) False

Correct Answer

verifed

verified

At Fresh Bakery, Simon pulls six samples an hour from an assembly line to examine them for quality defects. If he finds any, he makes adjustments to various pieces of equipment in his area. Simon's job involves


A) feed-forward control.
B) benchmarking.
C) reduced cycle time.
D) statistical process control.
E) strategic control.

F) A) and B)
G) A) and E)

Correct Answer

verifed

verified

A(n) ________ budget is one that can be adjusted over time for changing environmental conditions.


A) operating
B) incremental
C) zero-based
D) variable
E) cash

F) None of the above
G) A) and E)

Correct Answer

verifed

verified

________ is the process of instituting ongoing small, incremental improvements in all parts of an organization.


A) MBO
B) Reengineering
C) Radical innovation
D) Continuous improvement
E) Productivity

F) A) and D)
G) C) and E)

Correct Answer

verifed

verified

Araceli has a new manager who she suspects might be a micromanager. What signs should she watch for from him?


A) He asks to be copied on everything regardless of what it is.
B) He expects assignments to be done according to the directions given.
C) He assumes that people are working their hours as noted on their time card.
D) He has high employee retention and low attrition rates.
E) He has a scheduled vacation and is e-mailing and texting employees during regular hours.

F) A) and C)
G) B) and D)

Correct Answer

verifed

verified

Which of the following may be done as a corrective action in the control process?


A) Establish standards.
B) Renew standards.
C) Compare performance to standards.
D) Align processes with goals.
E) Evaluate performance and take action.

F) All of the above
G) A) and B)

Correct Answer

verifed

verified

Productivity equals


A) labor, capital, energy, and materials, divided by goods and services produced.
B) goods and services produced, divided by labor, capital, energy, and materials.
C) labor, energy, and capital, divided by goods, services, and materials.
D) goods and services and energy and materials, divided by labor and capital produced.
E) energy and materials, divided by labor and capital.

F) A) and C)
G) A) and E)

Correct Answer

verifed

verified

How is management using controls when they allow decision making at lower levels and encourage employees to work together in teams?


A) They are adapting to change and uncertainty.
B) They are discovering irregularities and errors.
C) They are detecting opportunities and increasing innovation.
D) They are providing performance feedback.
E) They are decentralizing decision making.

F) A) and B)
G) A) and C)

Correct Answer

verifed

verified

An income statement summarizes an organization's financial results over a specified period of time, such as a quarter or a year.

A) True
B) False

Correct Answer

verifed

verified

Before the fall term began, professors at Pinetops Community College were required to fill out numerous forms, including performance objectives, surveys, and lists of their summer contacts with prospective students. Many professors complained that their time would be better spent preparing for their courses. This situation is an example of which barrier to successful control?


A) overemphasis on paperwork
B) overemphasis on one instead of multiple approaches
C) too much control
D) overemphasis on means instead of ends
E) too much flexibility

F) All of the above
G) D) and E)

Correct Answer

verifed

verified

Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of


A) too much control.
B) overemphasis on paperwork.
C) overemphasis on means instead of ends.
D) overemphasis on one instead of multiple approaches.
E) too little participation.

F) B) and C)
G) C) and D)

Correct Answer

verifed

verified

Which of the following is part of Deming's PDCA cycle?


A) check
B) direct
C) apply
D) process
E) decide

F) A) and E)
G) B) and D)

Correct Answer

verifed

verified

Monitoring performance to ensure that day-to-day goals are being implemented and taking corrective action as needed is known as ________ control.


A) strategic
B) functional
C) operational
D) tactical
E) managerial

F) B) and D)
G) A) and B)

Correct Answer

verifed

verified

Techniques for improving quality include all of the following EXCEPT


A) Six Sigma.
B) outsourcing.
C) reduced cycle time.
D) statistical process control.
E) market share.

F) All of the above
G) A) and B)

Correct Answer

verifed

verified

Showing 61 - 80 of 100

Related Exams

Show Answer