D. All stakeholders except clients. C. Social network management, 1. INTRODUCTION C. impersonality, 1. What should you do? Determine the quality of the product D. Ignore the problem until someone reports it. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. 1. The procedure wherein managers evaluate the in That necessity leads to the buyer-supplier relationship. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. A. Further suppose that your economist gives you the following demand and supply functions: Demand: QD=452PQ^{D} = 45 - 2PQD=452P 1.00 - 27 cards. Would this type of focus and control be a good practice to use in meetings with co-workers around the world? The Principles of Management exam requires knowledge of human resources and operational and functional aspects of management. A. require employees to choose their own work and train themselves Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. What should you do? -RATER scale: enables customers to rate the quality of service along dimensions like reliability, assurance, tangibles, empathy, responsiveness, -Also called lean production, not machines or technology but employee involvement, Sharing financial info and results with all employees, -Financial, customer, internal business, innovation and learning, comprehensive management control system, -Economic value added: company's net operating profit minus the cost of capital invested in the company's tangible assets, Management control tools including Gantt Charts and Pert diagrams, -Gantt charts: Interactive calendar WebManagement. I. Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. -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 A. D. Money, 0. 1. B. a core competency Jim Roth, dell worker, related to his factory team by doing what? Workers were able to eliminate movements in product assembly, making labor more efficient. Why do many interest groups spend their time and money educating citizens on legislative issues and candidates? Find out how you can intelligently organize your Flashcards. Speak slower than normal and listen carefully. Questions and Answers 1. Walmart has exceptional logistics, but in 2014, Walmart was criticized for unusual shortages. What is the difference between algorithms and heuristics? B. C. federal regulations, 1. C. Identify the impact of design delays What should you do? Pretax accounting income for 2021 was$50 million. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology Power distance-how much do people accept inequality in power 3. -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 The Bargaining power of the c Part A -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. valuable and rare but not costly to imitate. ________ reduces uncertainty and indicates what everyone is expected to accomplish. C. a clear mission, 1. Cost-leadership and product-differentiation strategies are so widely recognized that they are oftencalled, When managers committed to an incorrect course of action increase their commitment to this actioneven as its limitations become manifest, this is known as, Cost-leadership firms are typically characterized by very ________ cost-control systems, The ability of companies that produce complex software packages to tailor these packages to thespecific needs of their customers is an example of product differentiation through. C. Empowerment 1. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. A. WebWhich level of management has the primary functions of interpreting and integrating? Only Project Team. Individualism/collectivism 2. Method of measurement 5. -Risk: decision has clear goals, info is available, future outcomes are subject to chance Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. Heartily cooperate with the men to ensure all the work is done in accordance with the science that has been developed. Acquire resources 5. Managers encourage, support, and foster talented employees. This insight is part of How can interest groups help their members become informed voters? A. -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 In order to understand the competitive structure of an industry, analysts use Michael Porter's Five Forces model. The primary mechanism for coordinating and focusing staff is WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? Efficiency. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. A. -Youth stage: growth and expansion Scholarship Exam Quiz: Questions And Answers. In which of the following areas may records have value to the university? A. -Three phases: 1. Bureaucratic Management looked at how large organizations with layers of management could operate in an WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. A. Follow a product through its lifecycle, . A. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. Kim, a manager at a chiropractic office, created 12 goals and objectives for her organization. Which of the following is a characteristic of a good manager? C. Determine the financial impact before taking action. 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. Ask if they have more questions. Computer hardware and software technology, robots used in manufacturing and automatedwarehouses are examples of which type of resources? Workers were concerned the increased efficiency would mean less work and less pay. WebManagement Flashcards. Solve the problem without assigning blame, 8. Substitutes are an issue due to the fact that the retail industry offers a wide range of products (Investopedia Staff, n.d.). 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. All other things being equal, which of the following would lead to lower barriers to entry in anindustry? Some of these are pretest questions that will not be scored. Solve the problem without assigning blame. Being named the top employer in the state. C. barriers to entry, 1. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. The general environment analysis considers broad societal dimensions influencing the industry or firms within it. 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? Carefully review the card and then put it in a special place, 1. Management has neglected its function of, 1. When designing a new product, a good schedule helps management? B. Do a financial impact study before taking action. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Competitive Advantage. A. Uncertainty avoidance-how strongly do people desire certainty 4. A. mission Google's motto is "Don't be evil." Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. Competitive Advantage. Civil wars, political coups, terrorism, wars between countries, famines, and country or regionaleconomic recessions are all examples of which element of the general environment? Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? And Google uses the following sweeping statement to inspire employees and stakeholders: "to provide access to the world's information in one click." C. bureaucratic, 1. What are the 4 generic industry structure? WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? D. To set vacation benefits, 9. Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? Make sure products meet the company's standards. Mission Middle Which is not true concerning corporate downsizing? Please sign in to share these flashcards. 1. Domestic U.S. companies conducting a PESTEL analysis consider national growth, employment, inflation, and interest rates. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. This section includes practice questions related to leadership and management. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Beat the competition's product quality WebDefine the Strategic Management Process & Identify the Stages. C. planning, organizing, leading, and controlling. -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 Hiring staff to support the holiday rush, An example of managerial organizing would be 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). B. customers, competitors, supplicants, regulations, and advocacy groups Employees should be hired on the basis of their interest and desire in the work. C. Gantt chart, 1. The Principles of Management exam covers material that is usually taught in an introductory course in the essentials of management and organization. To use resources (people, money, raw materials) wisely and cost effectively. A. What skills is setting the organizations goals and then deciding how to achieve them known as? Quiz: What Will I Look Like When I'm Older? WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. A study plan and list of online resources. Human Resources works with managers to do employee evaluations. -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 Accounting Measures and Economic Measures are____________. If you had to trim the budget, which of these could you probably cut with minimal impact to your team members? -Incremental Model: managers take small, short term steps to alleviate a problem, rather than steps that will accomplish the long term solution Planning That is, it offers a -Beliefs: assumptions that individuals hold about themselves, their customers and organization C. Product design schedules A. Humanistic C. fixed salaries, 1. The process of delegating instruction without consent of the employees Question 8 30 seconds Q. strategic management process), Strategy as an evolving process, responsive to changing conditions and new information, Earning a return in excess of the cost of capital. WebManagement Flashcards. Leading. B. Minimizing the harm to the employees. B. Max Weber believed that management should be separate from ownership and managers should be protected from arbitrary dismissal. B. owners are directly involved in management to protect their interests B. senior management process without any middle management involvement The opacity of the language leaves the law open to manipulation on political grounds. What is the consumer surplus in this market? -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 What is the four functions of management? Course 1. B. substitute products What is determining how best to group activities and resources known as? WebWhat is management? There were no other temporary differences and no permanent differences. (Choose multiple) A. 2. Management activities are often grouped into four categories. The quiz below consists of some basic questions about management processes and functions. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. C. make workers solely responsible for improving their conditions. Which is an advantage of a matrix organization? C. that human resources hires the right people, B. that the people in the organization support the strategy, 1. Marketing managers B. B. We weren't able to detect the audio language on your flashcards. 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 , Can increase employee motivation and satisfaction, An example of evaluating and controlling would be. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Management function that involves working with and through people D. Customers These include B. ________ decides how best to attain a company's mission and vision through the coordinated efforts to achieve specific goals and objectives. -Suboptimization: occurs when the performance of an organizational subunit is optimized at the expense of the organization as a whole C. recording all administrative decisions in writing, A. optimizing the work process and training employees to follow it, 1. One graphic representation of the tasks required over the course of a project is called Quiz: What Will I Look Like When I'm Older? 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Questions and Answers 1. -Maslow's hierarchy of needs: physiological, safelty, social, esteem, self-actualization A. planning, organizing, directing, and feedback. -Dimension 2: Person's tolerance for ambiguity(uncertainty), Decision-making styles (directive, analytical, conceptual and behavioral), -Analytical: considers more info and alternatives, high tolerance to ambiguity 1.2.6.2 - Project Benefits Management Plan - 6 cards. C. Try and find out who caused the problem. This is Google's Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' This is Apple's Planning is a Each objective is linked to a specific report, and she has reports of those measures from the past three years. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. WebDefine the Strategic Management Process & Identify the Stages. You know who created the problem. D. Equipment upgrades, 19. separated, 1. C. Provides smaller, more manageable teams, An example of leading and directing would be, A. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. C. an intangible resource, 1. A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. -World bank: provide low interest loans to developing nations for improving transportation, education, health, and telecommunications WebWhich level of management has the primary functions of interpreting and integrating? Executives knew there was a problem with the device but continued selling it for years. B. planning, hiring, directing, and controlling. B. written policies Choose the most appropriate option after reading the following statements. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. Administering rewards, Barriers to effective control systems including goal displacement, suboptimization, measurementship and falsifying, -Goal displacement: lack of goal congruence created by the motivation to achieve some goals sought by the organization at the expense of other intended goals A. B. Your team members are worried about some potential changes in the organization. In the S-C-P model, ________ refers to the strategies that firms in an industry implement. Google's motto is "Don't be evil." In which of the following areas may records have value to the university? Which of the following bases of product differentiation is almost always easy to duplicate? This refers to the lightweight design and the advanced tech inside. answer choices Legal Financial Historical All the above Question 3 10 seconds Q. C. As many stakeholders as practical. B. C. planning, organizing, leading, and controlling. XAT January 2013: Verbal and Logical Ability Solved Question Paper. What is the B. Effectiveness. Manage the actions of each of their staff members Crop Production and Management Class 8 MCQ Questions with Answers, FRM 188 (Range Management) Long Test No.
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