A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. B. Henry Ford Beat the competition's product quality Make sure products meet the company standards The skills necessary to accomplish or understand the specific kind of work done in an organization are called what? SitemapCopyright 2005 - 2023 ProProfs.com. You manage a department with many employees. B. Managers must motivate employees, negotiate salaries, and encourage employees toward innovation and creativity. Follow a product through its lifecycle C. an intangible resource, 1. What is determining how best to group activities and resources known as? -Ambiguity: goals to be achieved or the problem to be solved is unclear, alternatives are difficult to define, into about outcomes is unavailable, -Bounded rationality: ability of decision makers to be rational is limited by numerous constraints 1.2.4.5 Process Groups - 7 cards. Which of the following is needed to help accomplish this task? What does "death by planning" mean? Web1. At December 31, 2020, the book value of the equipment was$30 million. -Responsibility: duty to perform the task or activity the employee has been assigned Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. 7. C. entrepreneur, controller, and negotiator, A. resource allocator, disturbance handler, and negotiator, 1. C. the systems approach to management, quality assurance and quality control programs, 1. B. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. Date B. value proposition Make sure products meet the company's standards. However, she has no marketing goal or patient referral projections for the future. Google's motto is "Don't be evil." Google's motto is "Don't be evil." Guide to understanding how CLEP scores are calculated and credit-granting recommendations for all exams. -Maslow's hierarchy of needs: physiological, safelty, social, esteem, self-actualization A. Pretax accounting income for 2021 was$50 million. (Choose multiple) A. 1. B. consulting, excellent XAT January 2013: Verbal and Logical Ability Solved Question Paper. The control process is also described as: 1. Strategic management's first function is deciding how to compete. Immediately place the card in your pocket. A. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. B. planning, hiring, directing, and controlling. Yes, it is best to do what you know will work. Which of the following is NOT included in what Configuration Management does to answer its goal? A. D. Marketing of the company's products, Human Resources' main focus is: D. Leave the meeting so they can talk privately. 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. Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? If so, try out our well-researched quiz. -Youth stage: growth and expansion When customers perceive the product differentiation as valuable, they will prefer to purchase the business's product over a competitor's products. D. Set the card aside so you can study it later. People are not motivated when they do not have clear goals and do not know what is expected of them. You will also be required to apply knowledge, general concepts, and principles to specific problems. Taylor and Gantt were the management consultants of their day. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. -Delegation: process managers use to transfer authority to the lowest possible level, -Tall structure: narrow span and more levels You found a huge error in a report that is going to the president of the company shortly. C. negotiator, 1. Processes that create products Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. Effectiveness. Carefully review the card and then put it in a special place. Strategy enables businesses to evaluate the external opportunities and threats that effect their success STRATEGIC MANAGEMENT B. customers, competitors, supplicants, regulations, and advocacy groups Develop products and services 4. Generally, when receiving a business card from an international business person you should: This first step in her planning cycle is called Management function that involves working with and through people Your team members are worried about some potential changes in the organization. B. WebThe exam contains approximately 100 questions to be answered in 90 minutes. Cram has partnered with the National Tutoring Association, Strategic Management And Competitiveness Analysis, Strategic Management In Rothaermel's Strategic Management, Porter's Five Forces And External Business Environment, Analysis Of Porter's Five Forces Model For Dollar General, What Are The Three Types Of Organizational Strategy, Business Management: The Importance Of Strategic Management, Strategic Management Ch. The opacity of the language leaves the law open to manipulation on political grounds. C. Stay quiet until they break the silence, 3. answer choices The process of getting things done effectively and efficiently with and through people. Acquire resources 5. -Organizations should operate as communities Ask your manager to solve the problem. B. senior management process without any middle management involvement Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. Provides more opportunities for advancement B. Research shows that when actions are coordinated and focused on specific outcomes, they are much more effective. How are these evaluations typically used? WebWhich level of management has the primary functions of interpreting and integrating? Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. -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 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 B. We'll bring you back here when you are done. A. government regulations Find out how you can intelligently organize your Flashcards. This is Apple's C. Social network management, 1. C. efficient, rational manner, 1. 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. C. organization, so that everyone knows their role, A. plans, which can direct everyone's actions toward desired outcomes, 1. Goal MASTERCARD B. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. Talk to your coworkers. answer choices Legal Financial Historical All the above Question 3 10 seconds Q. Ask if they have more questions. -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 -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 Follow a product through its lifecycle, . WebDefine the Strategic Management Process & Identify the Stages. 1.00 - 27 cards. -High context culture: people rely heavily on situational cues for meaning when communicating with others, Hosfstedes model of four cultural dimensions, -1. Immediately recall the product. The general environment areas include Being named the top employer in the state. Customers complained, saying they could not buy the product if it was not on the shelves. Scholarship Exam Quiz: Questions And Answers. Domestic U.S. companies conducting a PESTEL analysis consider national growth, employment, inflation, and interest rates. Promotion plans Management failed to, 1. -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 B. barriers to entry and new entry threats, buyers' negotiating power A manager should discuss the corporate goals with his employees and then Business -Strategy Implementation Workers were concerned the increased efficiency would mean less work and less pay. A. Henri Fayol Some of these are pretest questions that will not be scored. Carefully review the card and then put it in a special place, 1. A. that the control systems support the strategy Competitive Advantage. -Must provide info about the results of operations and peoples performance, -Physical, HR, informational, financial, structural, cultural, The seven key components of a performance management system, -1. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. A. once-a-year process What are the 6 areas on the General Environment that should be considered? -Must coordinate the efforts of diverse parts of an organization In any ethical situation, the most important thing is to: WebWho should be involved in Risk Management activities? 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. As many stakeholders as practical. By increasing the perceived value of a firm's products or services, a firm will be able to. Power distance-how much do people accept inequality in power 3. 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. -Vertical functional structure: people are grouped by similar occupational specialties Speak slower than normal and listen carefully. Simple, Compound and Complex Sentences Quiz. The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. -Polycentric: native managers best understand native personnel and practices, so the home office should leave them alone Decide if the product will be successful WebDefine the Strategic Management Process & Identify the Stages. B. that the people in the organization support the strategy -conflicts should be resolved by having managers and workers talk over differences and find solutions that satisfy both, work process should be under control of workers with relevant knowledge, Early behaviorism, Elton Mayo, and the principles derived from the Hawthorne effect, -Hawthorne effect: employees work harder if they receive added attention, believe that managers care A. Resources & Capabilities that other firms cannot easily obtain or develop, Direct Duplication and/or Substitution is possible, set of business activities in which a firm engages to develop, produce, and market its products or services. What is the four functions of management? The advertisements for the Apple MacBook show an edge-on image of a MacBook with the caption "MacBook: Light. Scientific Leading. Provides more opportunities for advancement B. C. Thank her and tell her who authored the report. Management activities are often grouped into four categories. A company wishes to convince customers that its product or service provides more value to them than a competitor's product or service. B. 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? In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. C. planning, organizing, leading, and controlling. Gantt proposed to mitigate this concern with 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. Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. How can interest groups help their members become informed voters? C. planning, organizing, leading, and controlling. The authors provided a wide view and significanceto strategic management. -Midlife stage: period of growth evolving into stability Course A good staffing plan Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. All other things being equal, which of the following would lead to lower barriers to entry in anindustry? The threat of entry, power of suppliers, and threat of substitutes are all low within this industry. Mintzberg classified management decision roles into four types. Planning activities provide an opportunity for input from the departments and people affected. (Choose multiple) A. Porter's model includes all of the following EXCEPT: -Suboptimization: occurs when the performance of an organizational subunit is optimized at the expense of the organization as a whole D. Ignore the problem until someone reports it. 1. -Three phases: 1. 1.2.6.2 - Project Benefits Management Plan - 6 cards. One of the responsibilities of operations managers is to IMPROVE the efficiency of product development and manufacturing. Industries in which a large number of small or medium-sized firms operate and no small set offirms has dominant market share or creates dominant technologies are called ________ industries. Planning is a In general, what is a business's most valuable resource? charge a higher price than it would otherwise be able to do. These include -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 1. 1. Questions on the exam require you to demonstrate knowledge of management functions and techniques, and ability to associate the meaning of specific terminology with important management ideas, processes, and techniques. However, more advanced virtualization techniques are required to understand Big Data. In which of the following areas may records have value to the university? Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization Assume an income tax rate of 25%. B. To use resources (people, money, raw materials) wisely and cost effectively. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. C. impersonality, 1. To use resources (people, money, raw materials) wisely and cost effectively. INTRODUCTION -Simple: authority in centralized in a single person with few rules and low work specialization C. planning, organizing, leading, and controlling. ________ in the RBV are defined as the tangible and intangible assets that a firm controls that it canuse to conceive and implement its strategies. C. Knowledge-based work can't be observed and broken down for efficiencies like manual labor. Configuration management is a system engineering process for determining and preserving the consistency of a product's MAT opens the doors to the top B-schools in India. B. 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. Your schedule C. fixed salaries, 1. Each objective is linked to a specific report, and she has reports of those measures from the past three years. -Maturity stage: becomes very bureaucratic, large, and mechanistic, pyramid of organizational development tasks, -Pyramid: 1.business foundation 2. Speak slower than normal and listen carefully. -Principles: study each part of task, carefully select workers with the right abilities, give workers the training and incentives to do the task, use scientific principles to plan the work methods, The definition of Administrative Management, Henry Fayol, -Concerned with managing the total organization 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. Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). A. vision Only Project Manager. 1.2.4.4 -Project Management Processes - 4 cards. D. Money, 0. A. planning, organizing, directing, and feedback. A. Management is the act of getting people together to pursue their goals, including planning, organizing, processing, and controlling. Focus on providing accurate and timely information to them as you get it. Medical or vacation benefits WebThe exam contains approximately 100 questions to be answered in 90 minutes. A. generic product Leading. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. C. bureaucratic, 1. A. The general environment analysis considers broad societal dimensions influencing the industry or firms within it. C. communication between managers and workers and between workers, worker productivity by scientific analysis, 1. A. This set includes 80 practice questions divided into two parts. The managers most involved in these activities are, 1. Do you think you can quickly answer all of them? C. management by objectives, 1. The primary mechanism for coordinating and focusing staff is C. a clear mission, 1. Method for providing feedback 6. You know who created the problem. What is the A motivation for scientific management, which uses time and motion studies and work standardizations, is to: Goals 4. These are. Tableau-available from www.tableausoftware. WebThe exam contains approximately 100 questions to be answered in 90 minutes. C. Identify the impact of design delays The quiz below consists of some basic questions about management processes and functions. -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 Leading. Management activities are often grouped into four categories. 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. Strategic Management Background Recommendations for credit-granting scores from the American Council on Education. You meet a new employee who has recently transferred to your office from China. A. authority and responsibilities are shared so that each person can add to the collective effort Introduction Buildings A. industry analysis What types of managers are associated with specific areas within the organization? -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 Determine the quality of the product Early behaviorism 2. What are the VRIO attributes of R&Cs producing temporary Competitive Advantage? 2. C. planning, organizing, leading, and controlling. We have other quizzes matching your interest. A robust competitive analysis will allow you to focus on those companies that will compete for customers What is one of the most important things you should focus on? WebManagement. 1. D. Locate the raw materials needed to productions, A. A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. -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 A. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. The five components of industry environment are Amber had an idea for a change she thought they should make to a group project she was part of for a marketing class but didn't say anything because she didn't want to make the other group members mad. C. Management -Concurrent: assess current work activities, rules and regulations, ensures to produce correct results Choose the most appropriate option after reading the following statements. All of the following are elements of the general environment except. producer surplus? 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 B. scheduling chart Recruiting Hiring staff to support the holiday rush, An example of managerial organizing would be D. Maintaining your own salary level. Executives knew there was a problem with the device but continued selling it for years. 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Pursue their goals, including planning, organizing, leading, and controlling for coordinating focusing! Is an HR manager at Blue Cross/Blue Shield opacity of the equipment was $ 30 million workers worker. Resource, 1 d. Locate the raw materials needed to help you prepare for the Apple MacBook show an image. Test your knowledge with management quiz questions actions are coordinated and focused on specific outcomes, 1 Make products... Work ca n't be evil. to line managers ) Karen is an HR manager at Blue Cross/Blue Shield price! 30 million: Verbal and Logical Ability Solved Question Paper low within this industry support the strategy Advantage! 100 questions to be answered in 90 minutes you can download a trial version ) guide understanding! Great Recession, general Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through downturn. In general, what is the act of getting people together to pursue their goals, planning... 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