B. A. 1. -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 Questions and Answers 1. -Mayo: Hawthorne effect, The Human Relationship Movement and the significance of the findings of Maslow (his hierarchy of needs) and McGregor (Theory X versus Theory Y), -Human relations movement: proposed that better human relations could increase worker productivity Domestic U.S. companies conducting a PESTEL analysis consider national growth, employment, inflation, and interest rates. 1. SitemapCopyright 2005 - 2023 ProProfs.com. -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 -Uncertainty: managers know which goals they wish to achieve, info is incomplete, may need to develop creative alternatives B. C. setting an attainable goal, A. measuring the past and not planning for future growth, 1. Managers encourage, support, and foster talented employees. Protecting the company's financial position. Protect the company. -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 If so, try out our well-researched quiz. Details about the exam breakdown, credit recommendations, and free sample questions. firms are unable to differentiate their products. ________ in the RBV are defined as the tangible and intangible assets that a firm controls that it canuse to conceive and implement its strategies. A study plan and list of online resources. Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. However, more advanced virtualization techniques are required to understand Big Data. C. Have the best product prices What are 3 strategic responses a firm can make to their competitors? A. resource allocator, disturbance handler, and negotiator You have created 2 folders. What is the difference between algorithms and heuristics? 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." 0. Competitive Advantage. Which of the following is NOT a basic management task? In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. 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 Would this type of focus and control be a good practice to use in meetings with co-workers around the world? A. C. As many stakeholders as practical. -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 Decide if the product will be successful B. Develop operational systems 6. WebManagement Flashcards. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. 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. C. authority and responsibilities are clearly defined for each position, authority and responsibilities are clearly defined for each position, 1. Some of these are pretest questions that will not be scored. C. ecological, 1. 1. What types of managers are associated with specific areas within the organization? -International Money Fund (IMF): assist in smoothing the flow of money between nations, trading bloc: group of nations within a geographic region that have agreed to remove trade barriers with one another, also known as economic community, Shared set of beliefs, values, knowledge, patters of behavior common to a group of people, -Low context culture: shared meanings are primarily derived from written and spoken words A. mission You have identified a safety issue with one of your products. Management by objectives is Peter Drucker's version of goal setting. ________ are said to exist when the increase in firm size (measured in terms of volume ofproduction) are associated with lower costs (measured in terms of average costs per unit ofproduction). WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. Add to folder -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 A. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. 1. 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 Further suppose that your economist gives you the following demand and supply functions: Demand: QD=452PQ^{D} = 45 - 2PQD=452P Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. Principles Of Management Quiz Questions With Answers, Integrated Management of Childhood Illness (IMCI) Quiz. 1.2.6.2 - Project Benefits Management Plan - 6 cards. 1. Middle Which is not true concerning corporate downsizing? Management function that involves working with and through people We have other quizzes matching your interest. Do you think you can quickly answer all of them? B. control, which can correct staff actions with feedback -High context culture: people rely heavily on situational cues for meaning when communicating with others, Hosfstedes model of four cultural dimensions, -1. A. jointly agree on goals, so that the employee commits to the goals In the food truck industry, for example, it is easy for new firms to enter and compete. WebWhat is management? Each objective is linked to a specific report, and she has reports of those measures from the past three years. 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. 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. The subject matter of the Principles of Management exam is drawn from the following topics. Google has unusual work teams. A comprehensive database of more than 31 risk management quizzes online, test your knowledge with risk management quiz questions. -Maturity stage: becomes very bureaucratic, large, and mechanistic, pyramid of organizational development tasks, -Pyramid: 1.business foundation 2. In general, what is a business's most valuable resource? Gantt proposed to mitigate this concern with -Accountability: mechanism through which authority and responsibility are brought into alignment Focus on providing accurate and timely information to them as you get it. Some of these are pretest questions that will not be scored. -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 A. in your industry C. Management Max Weber believed that management should be separate from ownership and managers should be protected from arbitrary dismissal. This set includes 80 practice questions divided into two parts. Other participants Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. -Polycentric: native managers best understand native personnel and practices, so the home office should leave them alone C. Thank the person for giving you their card. A. Henri Fayol The food truck industry would benefit if there were ________, such as required and restricted licenses. Which is an advantage of a tall organizational structure? 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. The best example of a firm following a cost-leadership business strategy is. Web1. Carefully review the card and then put it in a special place. -Concurrent: assess current work activities, rules and regulations, ensures to produce correct results And Google uses the following sweeping statement to inspire employees and stakeholders: "to provide access to the world's information in one click." A flat organizational structure 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. Guide to understanding how CLEP scores are calculated and credit-granting recommendations for all exams. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. What is the four functions of management? A. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. A. Contact your college to find out the score required for credit and the number of credit hours granted. Productivity This is called Management is the act of getting people together to pursue their goals, including planning, organizing, processing, and controlling. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. -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 A. Efficiency. Thank her and take credit for the report. Employees B. entrepreneur, employee selector, and negotiator By increasing the perceived value of a firm's products or services, a firm will be able to. We'll bring you back here when you are done. C. To adjust compensation C. Only the managers. WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? C. Gantt chart, 1. Some of these are pretest questions that will not be scored. Effectiveness. -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 Power distance-how much do people accept inequality in power 3. The authors provided a wide view and significanceto strategic management. 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. Efficiency. Middle Which is not true concerning corporate downsizing? D. Locate the raw materials needed to productions, A. answer choices The process of getting things done effectively and efficiently with and through people. Management has neglected its function of, 1. Prior to Taylor, managers were owners or appointed by the owners with no role beyond oversight. C. competitive analysis, 1. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Please sign in to share these flashcards. D. Using color-coded file folders for different subjects, D. Using color coded file folders for different subjects. What is one of the most important things you should focus on? These include C. make workers solely responsible for improving their conditions. D. Money, 0. D. Yes, it is always good to control meetings this way. That is, it offers a 1.2.4.4 -Project Management Processes - 4 cards. She is not a native English speaker. Hiring staff to support the holiday rush, An example of managerial organizing would be The Principles of Management exam requires knowledge of human resources and operational and functional aspects of management. XAT January 2013: Verbal and Logical Ability Solved Question Paper. B. career orientation Executives knew there was a problem with the device but continued selling it for years. You should schedule the call at a time that limits the inconvenience to: You will also be required to apply knowledge, general concepts, and principles to specific problems. What types of managers are associated with specific areas within the organization? Yes, it is best to do what you know will work. C. suppliers' negotiating power, threat from substitutes, and rivalry, A. strategic partnerships, research and development, 1. -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 D. Compensation plans, Product managers often have to: B. branded To use resources (people, money, raw materials) wisely and cost effectively. In which of the following areas may records have value to the university? Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? Introducing Cram Folders! Substitutes are an issue due to the fact that the retail industry offers a wide range of products (Investopedia Staff, n.d.). Competition between employees Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. We weren't able to detect the audio language on your flashcards. The managers most involved in these activities are, 1. Questions and Answers 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. Only Project Manager. actions firms take to gain competitive advantages in a single market or industry, Business Level Strategies are intended to create differences between______, the firms position and those of its rivals. 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