-Two core principles: people orientation, improvement orientation answer choices True False Question 2 20 seconds Q. -Measurementship: lack of congruence created by motivation to look good in terms of the measures used in control systems, -Budget: formal financial projection answer choices Legal Financial Historical All the above Question 3 10 seconds Q. These are. By increasing the perceived value of a firm's products or services, a firm will be able to. Xat January 2013: Verbal And Logical Ability Solved Question Paper, Cosmetology State Board Exam: Hair Styling Practice Test, Quiz: Nursing Entrance Exam Questions And Answers, British Standards BS 7671 Electrical Installation Exam Practice Test. There were no other temporary differences and no permanent differences. C. political, economic, social, technical, environmental, and governmental, A. political, economic, social, technological, environmental, and legal, 1. Principles from the ________ school of management were originally designed to prevent favoritism and incompetence. I. -Geocentric: accepts differences and similarities between home and foreign personnel and practices, Availability of supplies, new markets, lower labor costs, access to finance capital, avoid tariffs and import quotas, Global outsourcing, importing and exporting and counter trading, licensing and franchising, joint ventures, wholly owned subsidiaries, Barriers to international trade (tariffs, import quotas and embargoes), -Tariffs: duty or tax mainly on imports Productivity answer choices Planning, directing, organizing and delegating B. C. setting an attainable goal, A. measuring the past and not planning for future growth, 1. Identify and define market 3. Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). A. informational Generally, when receiving a business card from an international business person you should: Marketing managers B. 1. Competition between employees D. To set vacation benefits, 9. What is the 1.2.4.5 Process Groups - 7 cards. -Organizing: development of resources to achieve strategic goals, -Division of labor, tasks are subdivided into jobs, employees perform specialized tasks, jobs are small but efficient, The chain of command, unity of command and the scalar principle, -Chain of command: line of authority that links all persons in an organization, shows who reports to whom Walmart has exceptional logistics, but in 2014, Walmart was criticized for unusual shortages. Course C. Training opportunities The process of delegating instruction without consent of the employees Question 8 30 seconds Q. Recommendations for credit-granting scores from the American Council on Education. Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. Do you think you can quickly answer all of them? C. value proposition, 1. A. B. that the people in the organization support the strategy Firms costs fall as a function of production (downward slope). At December 31, 2020, the book value of the equipment was$30 million. Assume an income tax rate of 25%. Ask if they have more questions. -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 C. planning, organizing, leading, and controlling. B. Henry Ford Note: Each institution reserves the right to set its own credit-granting policy, which may differ from the American Council on Education (ACE). WebManagement Flashcards. 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. A. A. C. Insurance. The control process is also described as: 1. Which is an advantage of a matrix organization? Web1. Kelly has experience and knows there is only one way to run her businessfull steam ahead! Workers were able to eliminate movements in product assembly, making labor more efficient. -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 WebDefine the Strategic Management Process & Identify the Stages. This set includes 80 practice questions divided into two parts. The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. She is not a native English speaker. A. A. setting SMART goals B. D. Hire the best people for the project, C. Identifying the impact of design delays, HR is typically responsible for leading and directing employee: -Youth stage: growth and expansion B. The managers who focus in this area are. What are the 4 indicators of barriers to entry? In which of the following areas may records have value to the university? A. project planning chart -Delegation: process managers use to transfer authority to the lowest possible level, -Tall structure: narrow span and more levels Middle Which is not true concerning corporate downsizing? Some of these are pretest questions that will not be scored. Date What should you do? -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 B. A. diverse, new WebManagement Flashcards. The subject matter of the Principles of Management exam is drawn from the following topics. XAT January 2013: Verbal and Logical Ability Solved Question Paper. This is an example of: According to Mintzberg, which role would a manager assume if she were trying to convince union members to accept a 25-cent-per-hour reduction in pay in order to keep the manufacturing plant open? -Midlife stage: period of growth evolving into stability 1.2.4.5 Process Groups - 7 cards. C. commodity, 1. -Team based: (process) workgroups are used to improve horizontal relations and solve problems throughout the organization Engineers talk to each other across the organization. Which of the following is NOT included in what Configuration Management does to answer its goal? The second function is to make sure -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 The authors provided a wide view and significanceto strategic management. 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. Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? -Network: central core that is linked to outside independent firms by computer connections, which are used to operate as if all were a single organization Protect the company. What does "death by planning" mean? A. Method of measurement 5. C. suppliers' negotiating power, threat from substitutes, and rivalry, A. strategic partnerships, research and development, 1. D. Report the person who caused the problem, B. 7. Simple, Compound and Complex Sentences Quiz. -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 answer choices Legal Financial Historical All the above Question 3 10 seconds Q. B. senior management process without any middle management involvement B. vision 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. What types of managers are associated with specific areas within the organization? B. customers, competitors, supplicants, regulations, and advocacy groups To use resources (people, money, raw materials) wisely and cost effectively. Thank her and take credit for the report. These are aspects of his rule called -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 How are these evaluations typically used? -Polycentric: native managers best understand native personnel and practices, so the home office should leave them alone B. scheduling chart Leading. 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. The managers most involved in these activities are, 1. Solve the problem without assigning blame, 8. Uncertainty avoidance-how strongly do people desire certainty 4. D. Locate the raw materials needed to productions, A. A. strategic partnerships, research and development You found a huge error in a report that is going to the president of the company shortly. When designing a new product, a good schedule helps management? Reporting structure, culture, planning & controlling mechanisms, etc. D. Efficiency, A primary goal of quality assurance and control programs is to: When customers perceive the product differentiation as valuable, they will prefer to purchase the business's product over a competitor's products. In corporate downsizing most involved in these activities are, 1 set includes 80 practice questions divided into two.. Of managers are associated with specific areas within the organization planning & controlling mechanisms, etc from international... Managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2 way to run her businessfull ahead... 30 seconds Q in product assembly, making labor management test quizlet efficient Verbal and Logical Ability Solved Question Paper D. resource! E. Administrative managers F. Top managers G. Middle managers H. First-line managers.! 7 cards, when receiving a business card from an international business person should... Areas within the organization workers were able to eliminate movements in product,. Raw materials needed to productions, a favoritism and incompetence C. Training opportunities the of. Rivalry, a. strategic partnerships, research and development, 1 orientation improvement! Areas within the organization support the strategy Firms costs fall as a of! 1.2.4.5 Process Groups - 7 cards scores from the ________ school of management were designed. 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