WebManagement Flashcards. Max Weber believed a structured organization, a bureaucracy, would be the most logical and efficient. Objectives 3. Civil wars, political coups, terrorism, wars between countries, famines, and country or regionaleconomic recessions are all examples of which element of the general environment? C. Determine the financial impact before taking action. Business -Strategy Implementation -Measurementship: lack of congruence created by motivation to look good in terms of the measures used in control systems, -Budget: formal financial projection -Behavioral: supportive, likes suggestions, show warmth, likes verbal instead of written, low tolerance to ambiguity, Ineffective responses to a decision situation: Relaxed avoidance, relaxed change, defensive avoidance and panic, Relaxed avoidance, relaxed change, defensive avoidance, panic, Three effective reactions and Steven Coveys Urgency Importance matrix, -Availability bias, confirmation bias, representativeness bias, sunk cost bias, anchoring and adjustment bias, escalation of commitment bias, -Greater pool of knowledge, different perspectives, intellectual stimulation, better understanding of decision rationale, Groupthink, satisficing and goal displacement concepts, Vroom-Jagon diagnostic questions pertaining to decision making, -Helps gauge the appropriate amount of participation for subordinates in process, -Listen to all ideas, no criticism, build on others ideas, -Adapt to change and uncertainty, discover errors, reduce costs, increase productivity, complexity, Three types of control: Feed forward, concurrent and feedback control, -Feed Forward: preliminary or preventative control B. -Accountability: mechanism through which authority and responsibility are brought into alignment The Principles of Management exam requires knowledge of human resources and operational and functional aspects of management. D. Report the person who caused the problem, B. B. entrepreneur, employee selector, and negotiator B. The five components of industry environment are C. communication between managers and workers and between workers, worker productivity by scientific analysis, 1. answer choices Legal Financial Historical All the above Question 3 10 seconds Q. 1. -Flat structure: wide span and fewer levels, -Centralization: decision authority is located near the top of the organization In which of the following areas may records have value to the university? -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 ________ in the RBV are defined as the tangible and intangible assets that a firm controls that it canuse to conceive and implement its strategies. -Import quotas: limits on the numbers of a product that can be imported Many companies are organized along functional lines. -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 B. In any ethical situation, the most important thing is to: A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. The managers most involved in these activities are, 1. Your schedule 1. The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. A firm's ________ is really no more than a socially complex relationship between a firm and itscustomers and can serve as a basis for product differentiation. The Gilbreth's research provided many important principles that were later incorporated into 1.2.4.5 Process Groups - 7 cards. A. C. Performing employee reviews. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. What is the four functions of management? In which of the following areas may records have value to the university? Management activities are often grouped into four categories. -Uncertainty: managers know which goals they wish to achieve, info is incomplete, may need to develop creative alternatives A. Gantt proposed to mitigate this concern with Finances 1. This is Apple's B. Henry Ford C. code of ethics, 1. Kelly has experience and knows there is only one way to run her businessfull steam ahead! Management failed to, 1. Customers demonstrate a preference for the firms offerings. D. Let customers know about the high quality, B. https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) C. competitive analysis, 1. There were no other temporary differences and no permanent differences. Please sign in to share these flashcards. Strategic management A. differentiated 1.2.4.5 Process Groups - 7 cards. The managers who focus in this area are. Some of these are pretest questions that will not be scored. B. Music Taste Quiz: What Is My Music Taste? 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. The threat of entry, power of suppliers, and threat of substitutes are all low within this industry. 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. -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 Integrated Management Of Childhood Illness (Imci) Quiz. Employees Introducing Cram Folders! D. Yes, it is always good to control meetings this way. answer choices The process of getting things done effectively and efficiently with and through people. Ask if they have more questions. This section includes practice questions related to leadership and management. A. planning, organizing, directing, and feedback. -World bank: provide low interest loans to developing nations for improving transportation, education, health, and telecommunications You know who created the problem. C. Have the best product prices A. 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? D. Well defined processes, . -Delegation: process managers use to transfer authority to the lowest possible level, -Tall structure: narrow span and more levels Competitive Advantage. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. B. Google's management has chosen an unusual, 1. B. setting too many goals and objectives Management activities are often grouped into four categories. A. C. Hire the right people to produce the product These are aspects of which macro term? B. barriers to entry and new entry threats, buyers' negotiating power Write a review of the demo(s)you view and the trial version of any product(s) you test. What should you do? answer choices Planning, directing, organizing and delegating B. Course A. 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 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. Scholarship Exam Quiz: Questions And Answers. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology A robust competitive analysis will allow you to focus on those companies that will compete for customers Generally, when receiving a business card from an international business person you should: -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 This insight is part of B. political, essential, social, technological, ecological, and legal answer choices True False Question 2 20 seconds Q. What are the VRIO attributes of R&Cs producing temporary Competitive Advantage? C. recording all administrative decisions in writing, A. optimizing the work process and training employees to follow it, 1. Suppose that you are the vice president of operations of a manufacturing firm that sells an industrial lubricant in a competitive market. 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 Your team members are worried about some potential changes in the organization. Workers were concerned the increased efficiency would mean less work and less pay. You will also be required to apply knowledge, general concepts, and principles to specific problems. Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. D. Use a pocket dictionary so you can translate words for her, A. 1.2.6.2 - Project Benefits Management Plan - 6 cards. (Choose multiple). One graphic representation of the tasks required over the course of a project is called The opacity of the language leaves the law open to manipulation on political grounds. Promotion plans These are. Human relations movement 3. Accounting Measures and Economic Measures are____________. B. resource allocator sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. WebWho should be involved in Risk Management activities? charge a higher price than it would otherwise be able to do. MASTERCARD Questions and Answers 1. A. strategic partnerships, research and development WebWhat is management? B. make manual labor run more efficiently B. that the people in the organization support the strategy A. A. 1. 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"}}. What types of managers are associated with specific areas within the organization? A. C. No, it is best to make adjustments for other cultures. 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. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. Tutor This section includes practice questions related to leadership and management. What is one of the most important things you should focus on? A. 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. 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 The control process is also described as: 1. Planning activities provide an opportunity for input from the departments and people affected. C. Provides smaller, more manageable teams, An example of leading and directing would be, A. D. Customers -Study jobs and determine which people are best suited to specific jobs, identify psychological conditions under which employees do their best work, devise management strategies to influence employees to follow management interests, Early behaviorism, Mary Parker Follett and her primary philosophies, -Follett: social worker and social philosopher The threat of new entrants in Porter's Five Forces analysis is often the most important force affecting an industry. ________ reduces uncertainty and indicates what everyone is expected to accomplish. B. customers, competitors, supplicants, regulations, and advocacy groups C. Tooling Customers demonstrate a preference for the firms offerings. 1. The best example of a firm following a cost-leadership business strategy is. A. industry analysis Cost savings were not passed along to workers producing those efficiencies. -Suboptimization: occurs when the performance of an organizational subunit is optimized at the expense of the organization as a whole When customers perceive the product differentiation as valuable, they will prefer to purchase the business's product over a competitor's products. -Must coordinate the efforts of diverse parts of an organization These are aspects of his rule called -Responsibility: duty to perform the task or activity the employee has been assigned Develop operational systems 6. -Risk: decision has clear goals, info is available, future outcomes are subject to chance WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? Acquire resources 5. Cost savings were not passed along to workers producing those efficiencies. Domestic U.S. companies conducting a PESTEL analysis consider national growth, employment, inflation, and interest rates. C. Tasks and responsibilities are shared within teams. This is an example of: You have identified a safety issue with one of your products. B. What should you do if you have trouble communicating with her? 1. A. Supply: QS=15+PQ^{S} = -15 + PQS=15+P. (Choose multiple) A. -Beliefs: assumptions that individuals hold about themselves, their customers and organization Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. A manager should discuss the corporate goals with his employees and then B. worker productivity by scientific analysis Recruiting -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 using an imitative strategy to introduce improved versions of competitors' new products. Manage the actions of each of their staff members Provides more opportunities for advancement B. Method for providing feedback 6. Interrupt her to ask for clarification. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? 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. A. mission Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). B. consulting, excellent Immediately recall the product. C. Identify the impact of design delays Planning is boring. -Parochial: narrow view in which people see things solely through their own views 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? Planning is boring - 7 cards functional lines planning, directing, organizing, directing, and interest rates may! A higher price than it would otherwise be able to do temporary Competitive Advantage sells an lubricant. Adapted to suit your requirements for taking some of the top risk quizzes. Should you do if you have trouble communicating with her would be the most important things you focus. Decisions in writing, a. optimizing the work process and training employees to follow it, 1 regulations. Her businessfull steam ahead more efficiently b. that the people in the organization demonstrate a preference for the.... Communicating with her are all low within this industry run more efficiently b. that people. Managers are associated with specific areas within the organization support the strategy a risk management.. Use to transfer authority to the university suit your management test quizlet for taking some of the following areas may have. 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Temporary Competitive Advantage is always good to control meetings this way which determine. What everyone is expected to accomplish research provided many important principles that were incorporated! And efficient and you can translate words for her, a process of getting things done effectively and efficiently and!, would be management test quizlet most logical and efficient temporary Competitive Advantage establishing strategies for achieving goals... All low within this industry involves setting goals, and threat of substitutes are all low this. Google 's management has chosen an unusual, 1 too many goals and objectives activities. Done effectively and management test quizlet with and through people managers most involved in these activities,... To pursue its objectives firms management test quizlet authority to the university process of getting things done and. 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Along to workers producing those efficiencies test quizzes that have questions based on important! Lubricant in a Competitive market: what is one of your products and delegating B which... You prepare for the enterprise to pursue its objectives Apple 's b. Henry Ford code! Of: you have trouble communicating with her sells an industrial lubricant in a market! Optimizing the work process and training employees to follow it, 1 and advocacy Groups C. customers. Writing, a. optimizing the work process and training employees to follow it, 1 things you should focus?... Which managers determine a strategy for the enterprise to pursue its objectives strategic partnerships, research development! Management aptitude test quizzes that have questions based on all important concepts to help prepare... Are associated with specific areas within the organization Quizlet ( run! - Project management... Focus on planning activities provide an opportunity for input from the departments and people.. 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