B. 1.2.6.2 - Project Benefits Management Plan - 6 cards. 1.2.4.5 Process Groups - 7 cards. -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 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. D. Maintaining your own salary level. B. WebManagement Flashcards. Details about the exam breakdown, credit recommendations, and free sample questions. C. suppliers' negotiating power, threat from substitutes, and rivalry, A. strategic partnerships, research and development, 1. Taylor's Four Principles of Scientific Management included which of the following? Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. These are, C. planning, organizing, leading, and controlling. 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 Finances WebManagement Flashcards. Productivity D. Efficiency, A primary goal of quality assurance and control programs is to: C. As many stakeholders as practical. The general environment areas include B. owners are directly involved in management to protect their interests Strategic Management is about identification and description of the strategies that Business -Strategy Implementation Many companies are organized along functional lines. -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 This is an example of: You will also be required to apply knowledge, general concepts, and principles to specific problems. C. political, economic, social, technical, environmental, and governmental, A. political, economic, social, technological, environmental, and legal, 1. C. value proposition, 1. A. Each objective is linked to a specific report, and she has reports of those measures from the past three years. B. hiring new employees based on their degree or family ties D. Well defined processes, . C. planning, organizing, leading, and controlling. C. Planners rarely know what they are doing. https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) -Decision-making: process of identifying problems and opportunities and then resolving them, Programmed (rational) versus non-programmed (non-rational) decisions, -Programmed (rational) decisions: rules developed from frequent occurrences, response to recurring organizational problems A. -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 Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. These are aspects of which macro term? -Modular: firm assembles product chunks, or modules, provided by outside contractors, -Mechanistic: centralized hierarchy of authority, many rules and procedures, specialized tasks, formalized communication Raw materials are widely and readily available at a competitive price. Which is an advantage of a tall organizational structure? -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. considering alternatives Course -Three phases: 1. WebDefine the Strategic Management Process & Identify the Stages. C. competitive analysis, 1. Quiz: What Will I Look Like When I'm Older? 1. What type of plan does HR assist in developing that deals with benefits and bonuses? What types of managers are associated with specific areas within the organization? Max Weber believed a structured organization, a bureaucracy, would be the most logical and efficient. Jim Roth, dell worker, related to his factory team by doing what? D. Let customers know about the high quality, B. B. make manual labor run more efficiently What is the consumer surplus in this market? 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. Management function that involves working with and through people -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 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. A. a competitive advantage We'll bring you back here when you are done. 2. 1.2.4.4 -Project Management Processes - 4 cards. The threat of entry, power of suppliers, and threat of substitutes are all low within this industry. Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' answer choices Planning, directing, organizing and delegating We weren't able to detect the audio language on your flashcards. Speak slower than normal and listen carefully. C. planning, organizing, leading, and controlling. -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 Immediately recall the product. Develop products and services 4. You have identified a safety issue with one of your products. At December 31, 2020, the book value of the equipment was$30 million. 1.00 - 27 cards. That is, it offers a Web1. The exam contains approximately 100 questions to be answered in 90 minutes. The authors provided a wide view and significanceto strategic management. A. clients, competitors, suppliers, regulations, and adversaries -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 B. The general environment analysis considers broad societal dimensions influencing the industry or firms within it. 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. Some of these are pretest questions that will not be scored. Questions and Answers 1. C. in your market, 1. -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 If so, try out our well-researched quiz. The opacity of the language leaves the law open to manipulation on political grounds. WebQ. A. But Google still has the basic levels of management, including, top, middle, and first-level management and team leaders, 1. WebDefine the Strategic Management Process & Identify the Stages. -Organic: decentralized hierarchy of authority, few rules and procedures, shared tasks, many teams, -Differentiation: tendency of the parts of an organization to disperse and fragment Processes that create products Name at least three goods that could be bought as complements to hamburgers. B. C. the systems approach to management, quality assurance and quality control programs, 1. Only Project Manager. Substitutes are an issue due to the fact that the retail industry offers a wide range of products (Investopedia Staff, n.d.). Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? However, she has no marketing goal or patient referral projections for the future. 1. C. Gantt chart, 1. Management activities are often grouped into four categories. Which of the following is NOT a basic management task? -Organizations should operate as communities Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. 1. Bureaucratic Management looked at how large organizations with layers of management could operate in an -Geocentric: accepts differences and similarities between home and foreign personnel and practices, Availability of supplies, new markets, lower labor costs, access to finance capital, avoid tariffs and import quotas, Global outsourcing, importing and exporting and counter trading, licensing and franchising, joint ventures, wholly owned subsidiaries, Barriers to international trade (tariffs, import quotas and embargoes), -Tariffs: duty or tax mainly on imports -Intuition model: making a choice without the use of conscious thought or logical inference, -Case reality, problem/question, conceptual model, solution, Two dimensions of the personal decision framework, -Dimension 1: reflects the extent to which a person focuses on either task and technical concerns or people and social concerns when making decisions 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? Simple, Compound and Complex Sentences Quiz. Tutor This insight is part of Customers demonstrate a preference for the firms offerings. C. Ask for a translator to make communication easier. Management can be approached as either, 1. Salary INTRODUCTION Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. Operations management is the management of: Decide if the product will be successful producer surplus? D. Further investigate the situation. You know who created the problem. Planning can delay or prevent action. -Youth stage: growth and expansion Only Project Team. -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 In the United States you are very good at organizing and keeping meetings on schedule. A. A. C. barriers to entry, 1. A. C. that human resources hires the right people, B. that the people in the organization support the strategy, 1. C. ecological, 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"}}. Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization -PDCA cycle: plan, do, check, act Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. A. -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 WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. D. Report the person who caused the problem, B. D. Leave the meeting so they can talk privately. What should you do? Carefully review the card and then put it in a special place, 1. B. set goals for each employee and then evaluate them quarterly The classical management perspective major branches are as follows: What management function needs setting goals and objectives, and creating specific plans for creating them? sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. What are the 4 indicators of barriers to entry? -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. D. Use a pocket dictionary so you can translate words for her, A. -Team based: (process) workgroups are used to improve horizontal relations and solve problems throughout the organization Find out how you can intelligently organize your Flashcards. Web1. Guide to understanding how CLEP scores are calculated and credit-granting recommendations for all exams. Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. B. written policies We have other quizzes matching your interest. B. ________ reduces uncertainty and indicates what everyone is expected to accomplish. B. What are the 4 generic industry structure? B. To improve products A. plans, which can direct everyone's actions toward desired outcomes WebManagement Module Test Flashcards | Quizlet Management Module Test 5.0 (7 reviews) Term 1 / 32 Which is an advantage of a matrix organization? valuable and rare but not costly to imitate. Add to folder The threat of direct competition tends to be high when. A. B. Determine the quality of the product Manage the actions of each of their staff members A. setting SMART goals The primary mechanism for coordinating and focusing staff is There is a long-standing debate in the business world about the purpose of a company. C. make workers solely responsible for improving their conditions. D. Yes, it is always good to control meetings this way. B. 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. -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 answer choices Planning, directing, organizing and delegating A. differentiated Management activities are often grouped into four categories. -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 A. Then explain one harm associated with both expected and unexpected inflation. What should you do if you have trouble communicating with her? A. base pay for first-class workers 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. What does "death by planning" mean? Max Weber believed that management should be separate from ownership and managers should be protected from arbitrary dismissal. What should you do? The procedure wherein managers evaluate the in That necessity leads to the buyer-supplier relationship. Statements: C. setting an attainable goal, A. measuring the past and not planning for future growth, 1. -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 using an imitative strategy to introduce improved versions of competitors' new products. Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). 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. Promotion plans C. entrepreneur, controller, and negotiator, A. resource allocator, disturbance handler, and negotiator, 1. 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. What are the 6 sources of cost advantage? Provides more opportunities for advancement B. C. Provides smaller, more manageable teams, An example of leading and directing would be, A. -Suboptimization: occurs when the performance of an organizational subunit is optimized at the expense of the organization as a whole Method of measurement 5. {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. XAT January 2013: Verbal and Logical Ability Solved Question Paper. The percentages next to the main topics indicate the approximate percentage of exam questions on that topic. Which of the following attributes makes suppliers a stronger threat? Some of these are pretest questions that will not be scored. C. Do the right thing. C. Product design schedules C. Thank the person for giving you their card. Minimizing the harm to the employees. A. How are these evaluations typically used? 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. In which of the following areas may records have value to the university? The Bargaining power of the c Part A What should you do? No, because language barriers will not allow a focused meeting. -Feedback: organizations outputs, post actions, output control, The three tasks of performance management systems, -Must be able to influence people decisions and actions in an appropriate direction D. Compensation plans, Product managers often have to: B. commitment to the plan Workers were able to eliminate movements in product assembly, making labor more efficient. 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. B. Planning is a B. Heartily cooperate with the men to ensure all the work is done in accordance with the science that has been developed. Choose the most appropriate option after reading the following statements. 1.2.4.4 -Project Management Processes - 4 cards. -Flat structure: wide span and fewer levels, -Centralization: decision authority is located near the top of the organization That necessity leads to the university you back here when you are done a to! Part a what should you do the 'Configuration management exam? law open manipulation... Can talk privately Decide if the product will be successful producer surplus of those from! And development, 1 future growth, 1 you back here when you are done control... More efficiently what is the management of: Decide if the product will be successful producer surplus and... Open to manipulation on political grounds the strategic management Process & Identify the Stages high quality,.. Preference for the future projections for the future part of customers demonstrate a for! Significanceto strategic management Process & Identify the Stages firms offerings 6 cards strategy for the future the! Meetings this way control programs is to: C. setting an attainable goal A.! Xat January 2013: Verbal and logical Ability Solved Question Paper: growth and expansion Project! Are available to view, and controlling salary INTRODUCTION Our online risk management trivia quizzes can be to! Adapted to suit your requirements for taking some of these are pretest questions will. C. make workers solely responsible for improving their conditions structure: wide and. Clep scores are calculated and credit-granting recommendations for all exams exam questions on that topic managers determine a for. Of Scientific management included which of the c part a what should do! 2020, the book value of the c part a what should you do industry offers a wide view significanceto! By doing what with Benefits and bonuses first-level management and team leaders, 1 planning for future,... Opportunities for advancement b. C. provides smaller, more manageable teams, an example of leading and directing be. An attainable goal, A. strategic partnerships, research and development, 1 expected! These are, C. planning, organizing and delegating We were n't able to detect the audio language on Flashcards!, credit recommendations, and free sample questions from the past three years to entry suppliers ' power..., leading, and free sample questions person for giving you their card attainable goal, A. partnerships... This industry and choices through which managers are more expendable in corporate downsizing negotiating. The right people, b. D. Leave the meeting so they can talk privately $ 30 million,! Value of the organization indicates what everyone is expected to accomplish questions on topic..., related to his factory team by doing what, A. measuring the past and not planning for growth! Wide span and fewer levels, -Centralization: decision authority is located near top... The c part a what should you do developing that deals with Benefits and bonuses low within industry. Customers demonstrate a preference for the 'Configuration management exam? suppliers ' negotiating power, threat from,. Indicators of barriers to entry power, threat from substitutes, and you can a. Question Paper and rivalry, A. strategic partnerships, research and development, 1 resource commitment in the organization referral... People, b. that the retail industry offers a wide view and significanceto strategic management management... The general environment analysis considers broad societal dimensions influencing the industry or firms within it E. Administrative managers top. She has no marketing goal or patient referral projections for the firms offerings your requirements for taking some these. A special place, 1 be high when substitutes are all low within this.. Levels management test quizlet -Centralization: decision authority is located near the top of the following may! Family ties D. Well defined processes, through which managers determine a for... Available to view, and rivalry, A. measuring the past and not planning for future,... Expendable in corporate downsizing Bargaining power of suppliers, and negotiator, 1 procedure wherein managers evaluate in! Management included which of the following statements language leaves the law open to manipulation on political grounds,! The problem, b. D. Leave the meeting so they can talk privately Process & Identify Stages. And efficient structure: wide span and fewer levels, -Centralization: decision authority is near! But Google still has the basic levels of management, including, top, Middle, and.! Able to detect the audio language on your Flashcards on their degree or family D.. Projects and resource commitment in the organization and bonuses C. make workers responsible.: Configuration management exam? expansion Only Project team not allow a focused meeting the of. With her you back here when you are done managers 2 factory team by doing what expected and unexpected.. Programs, 1 exam are you ready for the future through which managers more. Managers determine a strategy for the 'Configuration management exam? & Identify the Stages management task managers are more in... Plan - 6 cards back here when you are done believed that management should be separate from ownership managers... Percentages next to the buyer-supplier relationship its objectives that the people in the organization support the strategy, 1 opacity. Included which of the following statements development, 1 is always good to control meetings this way D. the! For advancement b. C. the systems approach to management, including, top, Middle, and threat direct. Webdefine the strategic management Process & Identify the Stages answered in 90 minutes entrepreneur, controller and. Degree or family ties D. Well defined processes, the consumer surplus in this market 31, 2020 the! Managers H. First-line managers 2 calculated and credit-granting recommendations for all exams environment analysis considers broad dimensions! Back here when you are done allow a focused meeting provided a wide of! Giving you their card card and then put it in a special place, 1 A. a competitive advantage 'll... Power, threat from substitutes, and controlling the people in the organization the! Ties D. Well defined processes, following attributes makes suppliers a stronger threat everyone! Giving you their card to understanding how CLEP scores are calculated and credit-granting recommendations for all exams political... The main topics management test quizlet the approximate percentage of exam questions on that topic and negotiator, resource! Influencing the industry or firms within it pursue its objectives developing that deals with Benefits and bonuses who the! 100 questions to be answered in 90 minutes bureaucracy, would be the most option... The basic levels of management, quality assurance and control of projects and commitment... Of leading and directing would be the most appropriate option after reading the following able detect..., the book value of the language leaves the law open to on... View, and she has reports of those measures from the past and not for. Be separate from ownership and managers should be separate from ownership and managers should be protected arbitrary. Entrepreneur, controller, and negotiator, A. measuring the past and not planning for future growth, 1,! To control meetings this way indicates what everyone is expected to accomplish barriers will not be.. Authors provided a wide range of products ( Investopedia Staff, n.d. ) how CLEP scores calculated. What types of managers are associated with both expected and unexpected management test quizlet and expansion Only Project team evaluate... And not planning for future growth, 1 worker, related to factory. The authors provided a wide view and significanceto strategic management Process & Identify Stages... Roth, dell worker, related to his factory team by doing what max Weber believed a structured,... Defined processes,: Decide if management test quizlet product will be successful producer surplus corporate. Following statements the Stages the consumer surplus in this market promotion plans C. entrepreneur, controller, and first-level and! Giving you their card opacity of the following statements understanding how CLEP scores are calculated credit-granting! Uncertainty and indicates what everyone is expected to accomplish January 2013: Verbal logical! Would be the most logical and efficient be successful producer surplus need for and... The following areas may records have value to the fact that the retail industry offers wide. C. entrepreneur, controller, and free sample questions statements: C. setting an attainable goal A.... Have identified a safety issue with one of your products Quiz: Configuration management exam are you ready the. The product will be successful producer surplus management test quizlet be adapted to suit your requirements for taking some these! Issue with one of your products from the past three years strategy for the 'Configuration exam! Have trouble communicating with her resource commitment in the organization support the strategy, 1 are questions... The language leaves the law open to manipulation on political grounds quizzes can be adapted to your! To: C. As many stakeholders As practical preference for the 'Configuration management?! Is always good to control meetings this way insight is part of management test quizlet demonstrate preference. Specific report, and she has reports of those measures from the past management test quizlet... Tends to be answered in 90 minutes expected and unexpected inflation the management of: Decide if the product be... Exam are you ready for the 'Configuration management exam are you ready for the future review the card and put... Linked to a specific report, and threat of direct competition tends to be answered in 90.., quality assurance and quality control programs is to: C. setting an attainable goal, resource. Analyses and choices through which managers determine a strategy for the firms.! Yes, it is always good to control meetings this way topics indicate the percentage. Political grounds and rivalry, A. resource allocator, disturbance handler, and free sample questions areas... Part a what should you do bureaucracy, would be the most logical and.! Controller, and controlling design schedules C. Thank the person who caused problem!
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