Taylor's Four Principles of Scientific Management included which of the following? Kelly is a pediatrician who opened her own office three years ago. 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. In which of the following areas may records have value to the university? A. resource allocator, disturbance handler, and negotiator Only Project Team. C. authority and responsibilities are clearly defined for each position, authority and responsibilities are clearly defined for each position, 1. -More economic value than competitors. Beat the competition's product quality C. in your market, 1. C. organization, so that everyone knows their role, A. plans, which can direct everyone's actions toward desired outcomes, 1. Google has a flatter organization chart than most large companies. Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. Firms costs fall as a function of production (downward slope). In order to understand the competitive structure of an industry, analysts use Michael Porter's Five Forces model. B. senior management process without any middle management involvement Speak slower than normal and listen carefully. Manage the actions of each of their staff members Questions and Answers 1. Effectiveness. A. answer choices True False Question 2 20 seconds Q. 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. Talk to your coworkers. C. Identify the impact of design delays C. recording all administrative decisions in writing, A. optimizing the work process and training employees to follow it, 1. Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. The threat of new entrants in Porter's Five Forces analysis is often the most important force affecting an industry. Salary Processes that create products Workers were concerned the increased efficiency would mean less work and less pay. C. Mary Parker Follett, 1. A. plans, which can direct everyone's actions toward desired outcomes Scholarship Exam Quiz: Questions And Answers. Pretax accounting income for 2021 was$50 million. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. C. As many stakeholders as practical. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. A. Human Resources works with managers to do employee evaluations. C. planning, organizing, leading, and controlling. (Choose multiple). What is the Mission -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 Please sign in to share these flashcards. C. Have the best product prices A. No, because language barriers will not allow a focused meeting. A. Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). A. planning, organizing, directing, and feedback. Goal Domestic U.S. companies conducting a PESTEL analysis consider national growth, employment, inflation, and interest rates. -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 -Closed system: little interaction with environment, -Quality control: strategy for minimizing errors by managing each stage of production Your team members are worried about some potential changes in the organization. -McGregor: theory X: pessimistic view of workers, theory Y: optimistic view of workers, The Quantitative Management theory and its underlying principles, Quantitative management: application to management of quantitative techniques, such as statistic and computer stimulations..management science, operations management, The Management Science theory and its underlying principles, Stresses the use of rational, science based techniques to improve decision making and strategic planning.scheduling, planning, The Operations Management theory and its underlying principles, Managing the production and delivery of an organizations products or services more effectively, The Systems Viewpoint including the concept of open and closed systems, -Organization as a system of interrelated parts, subsystems, part of the larger environment Do you think you can quickly answer all of them? Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. Quiz! Management activities are often grouped into four categories. Write a review of the demo(s)you view and the trial version of any product(s) you test. C. Determine the financial impact before taking action. B. Heartily cooperate with the men to ensure all the work is done in accordance with the science that has been developed. D. All stakeholders except clients. The subject matter of the Principles of Management exam is drawn from the following topics. In which of the following areas may records have value to the university? Follow a product through its lifecycle Management has neglected its function of, 1. Do You Know How To Survive In The Wild? The five components of industry environment are Principles Of Management Quiz Questions With Answers, Integrated Management of Childhood Illness (IMCI) Quiz. What are the VRIO attributes of R&Cs producing temporary Competitive Advantage? 1. Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. C. commodity, 1. The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. Reporting structure, culture, planning & controlling mechanisms, etc. -Functional vs dysfunctional: does the culture enhance organizational productivity and performance -Import quotas: limits on the numbers of a product that can be imported -Unity of command: each employee accountable to one supervisor Which of the following is a characteristic of a good manager? D. Hire the best people for the project, C. Identifying the impact of design delays, HR is typically responsible for leading and directing employee: The supplier's industry is dominated by a small number of firms. -Two core principles: people orientation, improvement orientation C. Management 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. -Simple: authority in centralized in a single person with few rules and low work specialization C. Knowledge-based work can't be observed and broken down for efficiencies like manual labor. C. setting an attainable goal, A. measuring the past and not planning for future growth, 1. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Scientific com (if you click on learning you can choose between an "on-demand" product demo or you can schedule a "live" demo). A. setting SMART goals D. Ignore the problem until someone reports it. Leading. Dr. Kelly will struggle with the planning cycle that recommends Engineers talk to each other across the organization. Middle Which is not true concerning corporate downsizing? -Measurementship: lack of congruence created by motivation to look good in terms of the measures used in control systems, -Budget: formal financial projection C. As many stakeholders as practical. B. commitment to the plan B. written policies Taylor said managers had responsibilities such as 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. Decide if the product will be successful A. However, more advanced virtualization techniques are required to understand Big Data. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology 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? 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. A. That is, it offers a Management activities are often grouped into four categories. What is the difference between algorithms and heuristics? What is determining how best to group activities and resources known as? Explain one harm associated with unexpected inflation that is not associated with expected inflation. A. division of labor -Uncertainty: managers know which goals they wish to achieve, info is incomplete, may need to develop creative alternatives B. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. -PDCA cycle: plan, do, check, act 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. In general, what is a business's most valuable resource? This refers to the lightweight design and the advanced tech inside. In general, first-mover advantages can arise from any of these sources except. Executives knew there was a problem with the device but continued selling it for years. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. Only Project Manager. -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 -Directive: people are efficient, logical, practical, and systematic in their approach to solving problems, action oriented, decisive, focus on facts, low tolerance to ambiguity 1.00 - 27 cards. In the S-C-P model, ________ refers to the strategies that firms in an industry implement. We weren't able to detect the audio language on your flashcards. This section includes practice questions related to leadership and management. In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. B. A. D. All stakeholders except clients. Some of these are pretest questions that will not be scored. B. Please select the correct language below. C. vision, 1. Planning activities provide an opportunity for input from the departments and people affected. Accounting Measures and Economic Measures are____________. 1.2.6.2 - Project Benefits Management Plan - 6 cards. Name at least three goods that could be bought as complements to hamburgers. Acquire resources 5. -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 B. consulting, excellent Prepare the appropriate journal entry to record Ameens 2021 income taxes. A. Humanistic WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. B. How are these evaluations typically used? These are aspects of which macro term? 1. Which of the following is NOT a basic management task? What skills is setting the organizations goals and then deciding how to achieve them known as? In the United States you are very good at organizing and keeping meetings on schedule. answer choices Legal Financial Historical All the above Question 3 10 seconds Q. The Principles of Management exam covers material that is usually taught in an introductory course in the essentials of management and organization. A. base pay for first-class workers Some of these are pretest questions that will not be scored. A motivation for scientific management, which uses time and motion studies and work standardizations, is to: The pursuit of organization goals efficiently and effectively by integrating the work of people though planning, organizing, leading, and controlling resources, Planning, organizing, controlling, leading, The concept of organizational performance including efficiency and effectiveness and the difference between the two, -Efficiency: use of minimal resources to produce the desired volume output, The seven challenges to being an exceptional manager, competitive advantage, diversity, globalization, information technology, ethical standards, sustainability, own happiness and life goals, The difference in managerial requirements at different levels within the organizational hierarchy, -First line managers: production, sales, accounting supervisor (functional head), The concept of transition management for the manager and the three critical dimensions that a person must manage effectively to be successful at a given level of the organizational hierarchy, change in role concept, change in skills possessed, change the individuals psychology, The three categories of leadership roles and the roles within each category and their meaning, -Interpersonal: interact with people outside their work units, The four levels of skills plus transition management skills that managers must develop over their careers in order to be effective from the bottom to the top levels of the organization, Core management, operational management (day to day), organizational management (multilevel), organizational development. Plus one for every level: transition management, The transition in management skill emphasis as one progresses upwards in management, knowing how to transition to the next step in managing, The concept of evidence based management (Pfeffer and Sutton), Evidence based management: translating principles based on best evidence into organizational practice, bringing rationality to the decision making process, The two overarching perspectives about management, -Historical: classical, behavioral, quantitative You found a huge error in a report that is going to the president of the company shortly. -Satisficing models: managers seek alternatives until they find one that is satisfactory, not optimal, -Bounded rationality and satisficing model: managers seek alternatives until they find one that is satisfactory You have created 2 folders. D. Compensation plans, Product managers often have to: This set includes 80 practice questions divided into two parts. Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. A. in your industry Your schedule 7. Many companies are organized along functional lines. Management by objectives is Peter Drucker's version of goal setting. Marketing managers B. D. To set vacation benefits, 9. -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 You manage a department with ten employees. You have identified a safety issue with one of your products. -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 1. 2, Principle of Management Quiz 1 BBA II A (June 11, 2020), 3.1 SAP S/4HANA for Management Accounting Associates Certification. customers, competitors, suppliers, regulations, and advocacy groups, C. customers, competitors, suppliers, regulations, and advocacy groups, 1. Web1. -More economic value than competitors. The authors provided a wide view and significanceto strategic management. What should you do? Competitive Advantage. Strategic Management Background -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 The procedure wherein managers evaluate the in That necessity leads to the buyer-supplier relationship. Planning is boring. B. Civil wars, political coups, terrorism, wars between countries, famines, and country or regionaleconomic recessions are all examples of which element of the general environment? 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? If so, try out our well-researched quiz. -Non-programmed (nonrational) decisions: unique, poorly defined and unstructed, important consequences, The different decision-making environments (certainty, risk, uncertainty and ambiguity), -Certainty: all the info is fully available -TQM: comprehensive approach led by top management and supported throughout the organization dedicated to improvement, training, customer satisfaction Kelly has experience and knows there is only one way to run her businessfull steam ahead! Being asked to chair a new committee. Minimizing the harm to the employees. Recruiting The threat of direct competition tends to be high when. However, she has no marketing goal or patient referral projections for the future. XAT January 2013: Verbal and Logical Ability Solved Question Paper. Uncertainty avoidance-how strongly do people desire certainty 4. C. planning, organizing, leading, and controlling. -Risk: decision has clear goals, info is available, future outcomes are subject to chance 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 Protecting the company's financial position. Method for evaluating performance 7. Would this type of focus and control be a good practice to use in meetings with co-workers around the world? -Open system: continually interacts with its environment 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 , -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 What types of managers are associated with specific areas within the organization? The general environment areas include Objectives 3. C. To adjust compensation -Responsibility: duty to perform the task or activity the employee has been assigned You meet a new employee who has recently transferred to your office from China. B. set goals for each employee and then evaluate them quarterly B. A. Henri Fayol When designing a new product, a good schedule helps management? C. Hire the right people to produce the product If so, try out our well-researched quiz. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. 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. D. Well defined processes, . She is not a native English speaker. Model of firm performance that focuses on the resources and capabilities controlled by a firm as sources of competitive advantage. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? A. producer surplus? These tools can help auditors make sense of the increasing amount of data, beyond just the traditional financial statements, available from their clients. Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' The Importance of the Strategic Management Process In any ethical situation, the most important thing is to: Efficiency. Quiz: What Will I Look Like When I'm Older? -Organizations should operate as communities Planning 1.2.4.4 -Project Management Processes - 4 cards. C. Thank her and tell her who authored the report. Milton Friedman, a famous economist, argued that the only responsibility of company is to increase profits within the rules. C. Staffing plans At December 31, 2021, the book value of the equipment was $28 million. -Beliefs: assumptions that individuals hold about themselves, their customers and organization A. -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 Competition between employees valuable and rare but not costly to imitate. -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 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. Please upgrade to Cram Premium to create hundreds of folders! B. Computer hardware and software technology, robots used in manufacturing and automatedwarehouses are examples of which type of resources? B. owners are directly involved in management to protect their interests Each objective is linked to a specific report, and she has reports of those measures from the past three years. Medical or vacation benefits can increase the firms cost of developing its products or services - specifically by either charging a higher price or providing a lower quality, can decrease the price a firm is able to charge for its product or service, Meet approximately the same needs but do so in a different manner place a ceiling on the price a firm can charge for its products or services, The intensity of competition among the firms competitors often results in a reduction of price a firm can charge for its product or service. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. answer choices Planning, directing, organizing and delegating 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? A. C. No, it is best to make adjustments for other cultures. E. Manufacturing, . What types of managers are associated with specific areas within the organization? A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. A. mission C. value proposition, 1. 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."