Executives knew there was a problem with the device but continued selling it for years. However, she has no marketing goal or patient referral projections for the future. C. bureaucratic, 1. Speak slower than normal and listen carefully. 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 second function is to make sure -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 -Three phases: 1. Goal -Simple: authority in centralized in a single person with few rules and low work specialization Web1. -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 SitemapCopyright 2005 - 2023 ProProfs.com. Take up this quiz and prove your knowledge now. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. WebManagement. Planning Guide to understanding how CLEP scores are calculated and credit-granting recommendations for all exams. We weren't able to detect the audio language on your flashcards. On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $36 million. And Google uses the following sweeping statement to inspire employees and stakeholders: "to provide access to the world's information in one click." Acquire resources 5. 1.2.6.3 & 4 Project Charter/PMP, Success measures - 4 cards. Ask your manager to solve the problem. -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 B. Then explain one harm associated with both expected and unexpected inflation. The percentages next to the main topics indicate the approximate percentage of exam questions on that topic. answer choices True False Question 2 20 seconds Q. WebManagement Flashcards. Only Project Manager. A. Spotfire-available from www.spotfire.tibco.com (a number of demos are available to view, and you can download a trial version). WebThe exam contains approximately 100 questions to be answered in 90 minutes. Ask if they have more questions. Taylor and Gantt were the management consultants of their day. ________ reduces uncertainty and indicates what everyone is expected to accomplish. 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. -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. setting too many goals and objectives Whatskills depend on the manager's ability to think in the abstract? -Ambiguity: goals to be achieved or the problem to be solved is unclear, alternatives are difficult to define, into about outcomes is unavailable, -Bounded rationality: ability of decision makers to be rational is limited by numerous constraints 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. Marketing managers B. charge a higher price than it would otherwise be able to do. C. Management Strategy enables businesses to evaluate the external opportunities and threats that effect their success STRATEGIC MANAGEMENT Goals 4. 1. A. project planning chart C. Planners rarely know what they are doing. This refers to the lightweight design and the advanced tech inside. ________ decides how best to attain a company's mission and vision through the coordinated efforts to achieve specific goals and objectives. Minimizing the harm to the employees. C. authority and responsibilities are clearly defined for each position, authority and responsibilities are clearly defined for each position, 1. B. commitment to the plan Do You Know How To Survive In The Wild? These are aspects of his rule called answer choices Legal Financial Historical All the above Question 3 10 seconds Q. Power distance-how much do people accept inequality in power 3. WebWho should be involved in Risk Management activities? Only Project Team. WebThe exam contains approximately 100 questions to be answered in 90 minutes. Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology A flat organizational structure His concept was to engage the employee's intrinsic motivation. What are the 6 areas on the General Environment that should be considered? Which of the following bases of product differentiation is almost always easy to duplicate? Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. A. planning, organizing, directing, and feedback. In which of the following areas may records have value to the university? Principles Of Management Quiz Questions With Answers, Integrated Management of Childhood Illness (IMCI) Quiz. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. A. clients, competitors, suppliers, regulations, and adversaries What types of managers are associated with specific areas within the organization? C. Have the best product prices Name at least three goods that could be bought as complements to hamburgers. D. Equipment upgrades, 19. A. B. vision Buildings A. optimizing the work process and training employees to follow it A. industry analysis B. Each objective is linked to a specific report, and she has reports of those measures from the past three years. One graphic representation of the tasks required over the course of a project is called -Dimension 2: Person's tolerance for ambiguity(uncertainty), Decision-making styles (directive, analytical, conceptual and behavioral), -Analytical: considers more info and alternatives, high tolerance to ambiguity 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. Strategic Management is about identification and description of the strategies that Business -Strategy Implementation A group of Japanese investors is visiting your office. When the company neglects this to make more money, consumers are quick to criticize. 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. Provides more opportunities for advancement B. Further suppose that your economist gives you the following demand and supply functions: Demand: QD=452PQ^{D} = 45 - 2PQD=452P 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. What is the four functions of management? These are. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. The supplier's industry is dominated by a small number of firms. -Functional vs dysfunctional: does the culture enhance organizational productivity and performance A. WebQ. Administering rewards, Barriers to effective control systems including goal displacement, suboptimization, measurementship and falsifying, -Goal displacement: lack of goal congruence created by the motivation to achieve some goals sought by the organization at the expense of other intended goals -Beliefs: assumptions that individuals hold about themselves, their customers and organization 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. 1. Efficiency. B. entrepreneur, employee selector, and negotiator Yes, it is best to do what you know will work. Management function that involves working with and through people Focus on providing accurate and timely information to them as you get it. C. vision, 1. B. What should you do? The exam contains approximately 100 questions to be answered in 90 minutes. Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. -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 -Two core principles: people orientation, improvement orientation 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. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. MASTERCARD -TQM: comprehensive approach led by top management and supported throughout the organization dedicated to improvement, training, customer satisfaction 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. -More economic value than competitors. Choose the most appropriate option after reading the following statements. A. Google has a flatter organization chart than most large companies. Early behaviorism 2. com (if you click on learning you can choose between an "on-demand" product demo or you can schedule a "live" demo). B. substitute products You have created 2 folders. Method of measurement 5. This set includes 80 practice questions divided into two parts. B. planning, hiring, directing, and controlling. 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