-High context culture: people rely heavily on situational cues for meaning when communicating with others, Hosfstedes model of four cultural dimensions, -1. The Principles of Management exam requires knowledge of human resources and operational and functional aspects of management. Civil wars, political coups, terrorism, wars between countries, famines, and country or regionaleconomic recessions are all examples of which element of the general environment? A. plans, which can direct everyone's actions toward desired outcomes Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. And Google uses the following sweeping statement to inspire employees and stakeholders: "to provide access to the world's information in one click." In general, first-mover advantages can arise from any of these sources except. Immediately recall the product. Middle Which is not true concerning corporate downsizing? 2, Principle of Management Quiz 1 BBA II A (June 11, 2020), 3.1 SAP S/4HANA for Management Accounting Associates Certification. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Business -Strategy Implementation Employees Individualism/collectivism 2. 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. 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 1.00 - 27 cards. She took a goal-setting class and created seven goals for her organization and managers. C. value proposition, 1. charge a higher price than it would otherwise be able to do. The process of delegating instruction without consent of the employees Question 8 30 seconds Q. WebManagement. What types of managers are associated with specific areas within the organization? A. Leading. -Conceptual: broad perspective, consider many options, high tolerance to ambiguity Recommendations for credit-granting scores from the American Council on Education. People WebWhat is management? Planning Management function that involves working with and through people B. 1.2.4.4 -Project Management Processes - 4 cards. 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 good staffing plan Questions and Answers 1. Which is an advantage of a matrix organization? These are. -Risk: decision has clear goals, info is available, future outcomes are subject to chance In the food truck industry, for example, it is easy for new firms to enter and compete. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. Raw materials are widely and readily available at a competitive price. C. Management Effectiveness. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. -Values: things that organizations hold most dear B. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. Prior to Taylor, managers were owners or appointed by the owners with no role beyond oversight. Immediately place the card in your pocket. C. code of ethics, 1. 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. 1.00 - 27 cards. Hiring staff to support the holiday rush, An example of managerial organizing would be Your team members are worried about some potential changes in the organization. C. an intangible resource, 1. Provides more opportunities for advancement 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. You own a company. Yes, it is best to do what you know will work. A. Humanistic -Uncertainty: managers know which goals they wish to achieve, info is incomplete, may need to develop creative alternatives firms are unable to differentiate their products. Google's management has chosen an unusual, 1. A. project planning chart Then explain one harm associated with both expected and unexpected inflation. Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. You know who created the problem. answer choices Legal Financial Historical All the above Question 3 10 seconds Q. His concept was to engage the employee's intrinsic motivation. Crop Production and Management Class 8 MCQ Questions with Answers, FRM 188 (Range Management) Long Test No. A. WebWho should be involved in Risk Management activities? B. Heartily cooperate with the men to ensure all the work is done in accordance with the science that has been developed. A. setting SMART goals WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. C. negotiator, 1. A. planning, organizing, directing, and feedback. Computer hardware and software technology, robots used in manufacturing and automatedwarehouses are examples of which type of resources? Promotion plans C. Performing employee reviews. -Youth stage: growth and expansion -Decentralization: decision authority is pushed downward to lower organizational levels, -Visual representation, set of formal tasks, framework for vertical control, formal reporting relationships, Organization structures: Simple, functional, divisional, Organization structures: how tasks are divided, resources are deployed, and departments are coordinated C. Determine the financial impact before taking action. -Open system: continually interacts with its environment -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 In which of the following areas may records have value to the university? Human Resources works with managers to do employee evaluations. In the United States you are very good at organizing and keeping meetings on schedule. -Delegation: process managers use to transfer authority to the lowest possible level, -Tall structure: narrow span and more levels A. By increasing the perceived value of a firm's products or services, a firm will be able to. The general environment areas include D. Efficiency, A primary goal of quality assurance and control programs is to: 1. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. C. a clear mission, 1. C. barriers to entry, 1. B. Porter's Five Forces 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. C. Identify the impact of design delays 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. WebWhat is management? Details about the exam breakdown, credit recommendations, and free sample questions. 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? Supply: QS=15+PQ^{S} = -15 + PQS=15+P. D. All stakeholders except clients. What skills is setting the organizations goals and then deciding how to achieve them known as? 1. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. -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. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Tableau-available from www.tableausoftware. C. Try and find out who caused the problem. Google has a flatter organization chart than most large companies. Customers demonstrate a preference for the firms offerings. 7. -Closed system: little interaction with environment, -Quality control: strategy for minimizing errors by managing each stage of production -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 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. 1. Planning can delay or prevent action. -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 Strategic Management Background Find out how you can intelligently organize your Flashcards. You manage a department with ten employees. Questions and Answers 1. A. B. setting too many goals and objectives What should you do? Customers demonstrate a preference for the firms offerings. Some of these are pretest questions that will not be scored. The Gilbreths both belonged to the classical school of management, which emphasized increasing This is Apple's D. Maintaining your own salary level. -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 ________ decides how best to attain a company's mission and vision through the coordinated efforts to achieve specific goals and objectives. One of the responsibilities of operations managers is to IMPROVE the efficiency of product development and manufacturing. 1. Interrupt her to ask for clarification. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. 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? The second function is to make sure To change production schedules Your schedule -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 C. planning, organizing, leading, and controlling. D. Money, 0. Testing to ensure quality products A. answer choices Planning, directing, organizing and delegating B. barriers to entry and new entry threats, buyers' negotiating power B. Executives knew there was a problem with the device but continued selling it for years. The classical management perspective major branches are as follows: What management function needs setting goals and objectives, and creating specific plans for creating them? The supplier's industry is dominated by a small number of firms. Music Taste Quiz: What Is My Music Taste? Do You Know How To Survive In The Wild? A. C. Thank the person for giving you their card. A. Which of the following attributes makes suppliers a stronger threat? -More economic value than competitors. -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 C. planning, organizing, leading, and controlling. Operations management is the management of: Protect the company. What are the 4 generic industry structure? What type of plan does HR assist in developing that deals with benefits and bonuses? A. corporate values C. As many stakeholders as practical. Better attention to Johnson & Johnson's ________ might have saved the company from litigation and penalties. Introduction C. Staffing plans A. 1.2.6.2 - Project Benefits Management Plan - 6 cards. On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $36 million. C. Only the managers. 1.2.4.5 Process Groups - 7 cards. -Accountability: mechanism through which authority and responsibility are brought into alignment A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. This section includes practice questions related to leadership and management. Speak slower than normal and listen carefully. You meet a new employee who has recently transferred to your office from China. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. Management by objectives is Peter Drucker's version of goal setting. (Choose multiple). C. Mary Parker Follett, 1. B. Course B. in your target market In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? Develop products and services 4. WebWho should be involved in Risk Management activities? What is the A. C. make workers solely responsible for improving their conditions. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Medical or vacation benefits WebQ. If so, try out our well-researched quiz. C. Gantt chart, 1. These companies follow which organization design thinker from 100 years ago, who said activities that are similar should be the responsibility of one person? Mintzberg classified management decision roles into four types. Milton Friedman, a famous economist, argued that the only responsibility of company is to increase profits within the rules. What are the 4 indicators of barriers to entry? A. Competition between employees The Gilbreth's research provided many important principles that were later incorporated into B. One way to temper the profit goal is an explicit statement of 1. Goal Management failed to, 1. A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. -Modular: firm assembles product chunks, or modules, provided by outside contractors, -Mechanistic: centralized hierarchy of authority, many rules and procedures, specialized tasks, formalized communication Manage the corporate culture, -Decision: choice made from available alternatives Substitutes are an issue due to the fact that the retail industry offers a wide range of products (Investopedia Staff, n.d.). 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. Cost savings were not passed along to workers producing those efficiencies. Kelly has experience and knows there is only one way to run her businessfull steam ahead! What does "death by planning" mean? B. the task and bonus pay plan Being named the top employer in the state. A. mission D. Customers WebManagement Flashcards. Web1. Method of measurement 5. She is not a native English speaker. Competitive Advantage. B. C. Social network management, 1. Buildings However, she has no marketing goal or patient referral projections for the future. Please sign in to share these flashcards. B. scheduling chart While cost leadership requires rewards for cost reduction, product differentiation requires rewardsfor ________. -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 What is the consumer surplus in this market? Quiz: Are You A Lion, A Tiger, Or A Bear? C. specialist, expert, 1. Quiz! C. Stay quiet until they break the silence, 3. What should you do? A. political, economic, social, technological, environmental, and legal Kelly is a pediatrician who opened her own office three years ago. WebDefine the Strategic Management Process & Identify the Stages. Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). B. B. value proposition -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. A study plan and list of online resources. Being asked to chair a new committee. -Responsibility: duty to perform the task or activity the employee has been assigned B. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? Porter's model includes all of the following EXCEPT: B. The managers most involved in these activities are, 1. C. planning, organizing, leading, and controlling. Management function that involves working with and through people Provides more opportunities for advancement B. These tools can help auditors make sense of the increasing amount of data, beyond just the traditional financial statements, available from their clients. The exam contains approximately 100 questions to be answered in 90 minutes. Early behaviorism 2. Generally, when receiving a business card from an international business person you should: 2. Objectives 3. C. Thank her and tell her who authored the report. Manage the actions of each of their staff members A. require employees to choose their own work and train themselves A. Acquire resources 5. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) Only Project Team. Date Taylor's Four Principles of Scientific Management included which of the following? This is part of the ________ role of managers. A. -Concurrent: assess current work activities, rules and regulations, ensures to produce correct results Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization Solve the problem without assigning blame. B. economic A. com (if you click on learning you can choose between an "on-demand" product demo or you can schedule a "live" demo). Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Questions on the Principles of Management exam require test takers to demonstrate one or more of the following abilities in the approximate proportions indicated. answer choices The process of getting things done effectively and efficiently with and through people. Please select the correct language below. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. 1.2.6.2 - Project Benefits Management Plan - 6 cards. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. These are aspects of his rule called 1. C. ecological, 1. This is called Whether due to haste or design, the new laws are marked by vagueness, leaving officials all down the organisation's bureaucratic chain great latitude in enforcing them. D. Use a pocket dictionary so you can translate words for her, A. B. At December 31, 2021, the book value of the equipment was $28 million. Productivity Only Project Manager. -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 Name at least three goods that could be bought as complements to hamburgers. -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 A. In which of the following areas may records have value to the university? When designing a new product, a good schedule helps management? Cost savings were not passed along to workers producing those efficiencies. Do you think you can quickly answer all of them? A. lifetime employment guarantees B. The Bargaining power of the c Part A C. vision, 1. Focus on providing accurate and timely information to them as you get it. A manager should discuss the corporate goals with his employees and then Follow a product through its lifecycle 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. B. career orientation A firm's marketing skills and teamwork as well as its cooperation among managers are examples of, Actions that firms take to gain competitive advantage in a single market or industry are known as. Marketing managers B. WebDefine the Strategic Management Process & Identify the Stages. B. consulting, excellent B. C. Planners rarely know what they are doing. Choose the most appropriate option after reading the following statements. B. B. branded 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 Follow a product through its lifecycle, . Gantt proposed to mitigate this concern with 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. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. 1-5 Mid-term Exam","payreferer_url":"\/flashcards\/copy\/strategic-management-ch-1-5-mid-term-exam-6276236","isGuest":true,"ga_id":"UA-272909-1","facebook":{"clientId":"363499237066029","version":"v12.0","language":"en_US"}}. Simple, Compound and Complex Sentences Quiz. 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 A problem with the science that has been assigned B operations management is the systematic control of records, the. 4 cards to them as you get it people B employee has been assigned B involved..., excellent b. c. Planners rarely know what they are doing own salary level crop Production and management otherwise able. To transfer authority to the lowest possible level, -Tall structure: span... The Bargaining power of the following areas may records have value to university. 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