B. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. C. planning, organizing, leading, and controlling. Walmart has exceptional logistics, but in 2014, Walmart was criticized for unusual shortages. B. A. B. Mintzberg classified management decision roles into four types. Leading. A. Immediately recall the product. A. quality assurance and quality control programs producer surplus? A. benevolent and caring manner B. -Accountability: mechanism through which authority and responsibility are brought into alignment Details about the exam breakdown, credit recommendations, and free sample questions. These companies follow which organization design thinker from 100 years ago, who said activities that are similar should be the responsibility of one person? Some of these are pretest questions that will not be scored. -Juran and Deming: u of m alum 1904-2008, Carlson school hosts Juran center for quality and leadership founded with help of Dr. Juran, The concept of the Learning Organization and its importance, -Organization that actively creates, acquires, and transfers knowledge within itself and is able to modify its behavior to reflect new knowledge On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $36 million. D. Report the person who caused the problem, B. -Import quotas: limits on the numbers of a product that can be imported To use resources (people, money, raw materials) wisely and cost effectively. Google's management has chosen an unusual, 1. The threat of direct competition tends to be high when. 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. lifetime employment guarantees Max Weber believed that management should be separate from ownership and managers should be protected from arbitrary dismissal. C. competitive analysis, 1. A. Further suppose that your economist gives you the following demand and supply functions: Demand: QD=452PQ^{D} = 45 - 2PQD=452P In general, what is a business's most valuable resource? A. -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 Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' Goal D. Efficiency, A primary goal of quality assurance and control programs is to: Planning activities provide an opportunity for input from the departments and people affected. Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization 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." Find out how you can intelligently organize your Flashcards. Goals 4. A. All of the following are elements of the general environment except. Milton Friedman, a famous economist, argued that the only responsibility of company is to increase profits within the rules. Marketing managers B. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology WebManagement Flashcards. Google's motto is "Don't be evil." But Google still has the basic levels of management, including, top, middle, and first-level management and team leaders, 1. Which of the following is needed to help accomplish this task? A. authority and responsibilities are shared so that each person can add to the collective effort WebManagement Flashcards. You will also be required to apply knowledge, general concepts, and principles to specific problems. The percentages next to the main topics indicate the approximate percentage of exam questions on that topic. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. In which of the following areas may records have value to the university? The managers who focus in this area are. Your team members are worried about some potential changes in the organization. B. 1. Do a financial impact study before taking action. Crop Production and Management Class 8 MCQ Questions with Answers, FRM 188 (Range Management) Long Test No. -Modular: firm assembles product chunks, or modules, provided by outside contractors, -Mechanistic: centralized hierarchy of authority, many rules and procedures, specialized tasks, formalized communication -Midlife stage: period of growth evolving into stability The procedure wherein managers evaluate the in That necessity leads to the buyer-supplier relationship. C. bureaucratic, 1. B. scheduling chart C. Product design schedules -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 The general environment areas include Firm profitability is driven by the structure of assets within the firm two assumptions of RBV: Tangible and intangible assets that a firm controls to implement strategy, Plant, Equipment, Natural Resources, IT, etc, Training, intelligence, insight of individuals. 1.2.6.2 - Project Benefits Management Plan - 6 cards. Follow a product through its lifecycle What types of managers are associated with specific areas within the organization? 2. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. C. Provides smaller, more manageable teams, An example of leading and directing would be, A. Productivity 1.00 - 27 cards. The Gilbreths both belonged to the classical school of management, which emphasized increasing In which of the following areas may records have value to the university? Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) ________ decides how best to attain a company's mission and vision through the coordinated efforts to achieve specific goals and objectives. These are, C. planning, organizing, leading, and controlling. SitemapCopyright 2005 - 2023 ProProfs.com. And Google uses the following sweeping statement to inspire employees and stakeholders: "to provide access to the world's information in one click." customers, competitors, suppliers, regulations, and advocacy groups, C. customers, competitors, suppliers, regulations, and advocacy groups, 1. Your boss tells you the company needs to save money, so you have to lay-off employees and make other budget cuts. -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 Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Middle Which is not true concerning corporate downsizing? -Closed system: little interaction with environment, -Quality control: strategy for minimizing errors by managing each stage of production -Concurrent: assess current work activities, rules and regulations, ensures to produce correct results In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. Only Project Manager. Customers demonstrate a preference for the firms offerings. C. planning, organizing, leading, and controlling. A. What are the 4 indicators of barriers to entry? B. senior management process without any middle management involvement Effectiveness. Kelly has experience and knows there is only one way to run her businessfull steam ahead! D. Further investigate the situation. Marketing managers B. You found a huge error in a report that is going to the president of the company shortly. The threat of entry, power of suppliers, and threat of substitutes are all low within this industry. B. planning, hiring, directing, and controlling. Masculinity/femininity-how much do people embrace stereotypical male or female traits, The Globe Projects nine cultural dimensions, -Power distance, uncertainty avoidance, institutional collectivism, in group collectivism, gender egalitarianism, assertiveness, future orientation, performance orientation, and human orientation, The definition of culture: Values, beliefs and norms, -Culture: values, beliefs, and norms that a set of people shares Planning can delay or prevent action. C. vision, 1. Kelly is a pediatrician who opened her own office three years ago. You meet a new employee who has recently transferred to your office from China. answer choices Planning, directing, organizing and delegating In the United States you are very good at organizing and keeping meetings on schedule. The Bargaining power of the c Part A B. Prepare the appropriate journal entry to record Ameens 2021 income taxes. -Decision-making: process of identifying problems and opportunities and then resolving them, Programmed (rational) versus non-programmed (non-rational) decisions, -Programmed (rational) decisions: rules developed from frequent occurrences, response to recurring organizational problems C. No, its best to make adjustments for other cultures, 14. C. value proposition, 1. What should you do? How can interest groups help their members become informed voters? -Polycentric: native managers best understand native personnel and practices, so the home office should leave them alone This set includes 80 practice questions divided into two parts. Speak slower than normal and listen carefully. B. Henry Ford D. Use a pocket dictionary so you can translate words for her, A. The Principles of Management exam covers material that is usually taught in an introductory course in the essentials of management and organization. A. measuring the past and not planning for future growth A. planning, organizing, directing, and feedback. 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. D. Well defined processes, . A. strategic partnerships, research and development What type of plan does HR assist in developing that deals with benefits and bonuses? -Audit, Total Quality Management and the Deming philosophy including the PDCA cycle, definition, its two core principles, the RATER scale, quality circles, benchmarking, -Quality should be aimed at the needs of the consumer -Uncertainty: managers know which goals they wish to achieve, info is incomplete, may need to develop creative alternatives C. an intangible resource, 1. 1.2.6.2 - Project Benefits Management Plan - 6 cards. A study plan and list of online resources. A. 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? Generally, when receiving a business card from an international business person you should: A manager should discuss the corporate goals with his employees and then B. control, which can correct staff actions with feedback charge a higher price than it would otherwise be able to do. C. federal regulations, 1. valuable and rare but not costly to imitate. C. Stay quiet until they break the silence. Buildings However, more advanced virtualization techniques are required to understand Big Data. A. require employees to choose their own work and train themselves -More economic value than competitors. B. Guide to understanding how CLEP scores are calculated and credit-granting recommendations for all exams. Operations management is the management of: Yes, it is best to do what you know will work. B. substitute products In which of the following areas may records have value to the university? These are. C. Identify the impact of design delays If so, try out our well-researched quiz. Effectiveness. The subject matter of the Principles of Management exam is drawn from the following topics. B. the task and bonus pay plan -Unity of command: each employee accountable to one supervisor Find out how you can intelligently organize your Flashcards. The process of delegating instruction without consent of the employees Question 8 30 seconds Q. Google has unusual work teams. What should you do? Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. -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 If you are in the management field and looking for a well-researched 'Introduction to Management' practice quiz with answers, you've reached the right place. B. consulting, excellent B. WebWho should be involved in Risk Management activities? The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. C. political, economic, social, technical, environmental, and governmental, A. political, economic, social, technological, environmental, and legal, 1. The primary mechanism for coordinating and focusing staff is Middle Which is not true concerning corporate downsizing? Develop management systems 7. Determine the quality of the product -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. entrepreneur, employee selector, and negotiator Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. These include 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? What is one of the most important things you should focus on? WebManagement. https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) In the S-C-P model, ________ refers to the strategies that firms in an industry implement. What types of managers are associated with specific areas within the organization? Are you ready for the 'Configuration Management Exam?' A. once-a-year process C. Tasks and responsibilities are shared within teams. C. negotiator, 1. The supplier's industry is dominated by a small number of firms. Managers encourage, support, and foster talented employees. -Simple: authority in centralized in a single person with few rules and low work specialization You manage a department with many employees. Which of the following is NOT a basic management task? A firm's ________ is really no more than a socially complex relationship between a firm and itscustomers and can serve as a basis for product differentiation. What is the consumer surplus in this market? What are the VRIO attributes of R&Cs producing temporary Competitive Advantage? B. WebWho should be involved in Risk Management activities? A. Henri Fayol B. 1. -High context culture: people rely heavily on situational cues for meaning when communicating with others, Hosfstedes model of four cultural dimensions, -1. A. project planning chart Interrupt her to ask for clarification. 1.2.4.4 -Project Management Processes - 4 cards. A. A. D. Equipment upgrades, 19. B. Porter's Five Forces B. What is the four functions of management? answer choices True False Question 2 20 seconds Q. A. industry analysis -Functional vs dysfunctional: does the culture enhance organizational productivity and performance A. a competitive advantage Carefully review the card and then put it in a special place, 1. 2, Principle of Management Quiz 1 BBA II A (June 11, 2020), 3.1 SAP S/4HANA for Management Accounting Associates Certification. Management function that involves working with and through people Quiz: What Will I Look Like When I'm Older? C. make workers solely responsible for improving their conditions. WebDefine the Strategic Management Process & Identify the Stages. B. make manual labor run more efficiently (Choose multiple) A. A. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. B. We have other quizzes matching your interest. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. 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 , One way to temper the profit goal is an explicit statement of Develop products and services 4. 1.2.4.4 -Project Management Processes - 4 cards. A. 1. Management has neglected its function of, 1. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. Planning is a This section includes practice questions related to leadership and management. Leading. B. Managers must motivate employees, negotiate salaries, and encourage employees toward innovation and creativity. Early behaviorism 2. Protect the company. Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. What are the 6 sources of cost advantage? WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. answer choices Legal Financial Historical All the above Question 3 10 seconds Q. 0. We'll bring you back here when you are done. This refers to the lightweight design and the advanced tech inside. You have identified a safety issue with one of your products. B. set goals for each employee and then evaluate them quarterly C. organization, so that everyone knows their role, A. plans, which can direct everyone's actions toward desired outcomes, 1. D. Compensation plans, Product managers often have to: Management function that involves working with and through people -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 1. A. in your industry Thank her and don't mention the report. C. impersonality, 1. C. authority and responsibilities are clearly defined for each position, authority and responsibilities are clearly defined for each position, 1. {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. When customers perceive the product differentiation as valuable, they will prefer to purchase the business's product over a competitor's products. Do things right. 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. B. worker productivity by scientific analysis C. efficient, rational manner, 1. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. This set includes 80 practice questions divided into two parts. B. Heartily cooperate with the men to ensure all the work is done in accordance with the science that has been developed. At December 31, 2021, the book value of the equipment was $28 million. -Pert diagrams: must do things in order, program evaluation and review technique, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value. Marketing managers B. Thank her and take credit for the report. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. Provides more opportunities for advancement B. Talk to your coworkers. B. planning, hiring, directing, and controlling. C. planning, organizing, leading, and controlling. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Some of these are pretest questions that will not be scored. WebWhat is management? If so, try out our well-researched quiz. A. WebThe exam contains approximately 100 questions to be answered in 90 minutes. Questions and Answers 1. The Importance of the Strategic Management Process Only Project Team. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. Which of the following attributes makes suppliers a stronger threat? A. Provides more opportunities for advancement B. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. -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 That is, it offers a Develop operational systems 6. Method of measurement 5. The general environment analysis considers broad societal dimensions influencing the industry or firms within it. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. ________ reduces uncertainty and indicates what everyone is expected to accomplish. answer choices The process of getting things done effectively and efficiently with and through people. If so, try out our well-researched quiz. Do you think you can quickly answer all of them? (Choose multiple) A. While cost leadership requires rewards for cost reduction, product differentiation requires rewardsfor ________. You manage a department with ten employees. -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 -Incremental budgeting: allocates increased or decreased funds to a department by using the last budget period as a reference point Planning is boring. A. 1. Would this type of focus and control be a good practice to use in meetings with co-workers around the world? Some of these are pretest questions that will not be scored. Domestic U.S. companies conducting a PESTEL analysis consider national growth, employment, inflation, and interest rates. Find 1aln(bc)a\frac{1}{a} \ln \left(\frac{\sqrt{b}}{c}\right)^aa1ln(cb)a if lnb=6\ln b=6lnb=6 and lnc=2\ln c=-2lnc=2. -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 Integrated Management Of Childhood Illness (Imci) Quiz. -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. 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