Can increase employee motivation and satisfaction C. Allows organizations to be more self-sustaining D. Makes it harder to expand the organization D. Maintaining your own salary level. Further suppose that your economist gives you the following demand and supply functions: Demand: QD=452PQ^{D} = 45 - 2PQD=452P A flat organizational structure C. barriers to entry, 1. -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 Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. Bureaucratic Management looked at how large organizations with layers of management could operate in an Marketing managers B. What should you do if you have trouble communicating with her? The Gilbreths both belonged to the classical school of management, which emphasized increasing WebWhich level of management has the primary functions of interpreting and integrating? Financial strength can be a competitive advantage. 1. A. strategic partnerships, research and development B. set goals for each employee and then evaluate them quarterly Develop operational systems 6. Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? Strategic management's first function is deciding how to compete. The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. Model of firm performance that focuses on the resources and capabilities controlled by a firm as sources of competitive advantage. Identify and define market 3. The managers who focus in this area are. A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. -Norms: rules of behavior that address such issues as how employees dress and interact, usually found in employee handbook, The four function of organization culture, -Organizational identity, collective commitment, social system stability, sense making device, -Level 1: observable artifacts (enacted culture) Provides more opportunities for advancement B. -Incremental Model: managers take small, short term steps to alleviate a problem, rather than steps that will accomplish the long term solution Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. Middle Which is not true concerning corporate downsizing? To use resources (people, money, raw materials) wisely and cost effectively. A. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. Do you think you can quickly answer all of them? A. division of labor Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. C. Empowerment 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. -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 We'll bring you back here when you are done. 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? separated, 1. Leading. A. jointly agree on goals, so that the employee commits to the goals 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 The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources. C. in your market, 1. -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 A. 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 Planning, directing, organizing and delegating B. Henry Ford -Incremental budgeting: allocates increased or decreased funds to a department by using the last budget period as a reference point 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. B. scheduling chart 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. -Organizations should operate as communities C. recording all administrative decisions in writing, A. optimizing the work process and training employees to follow it, 1. A. A. Finances A. 1.2.4.4 -Project Management Processes - 4 cards. -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 Only Project Team. What should you do? Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. However, she has no marketing goal or patient referral projections for the future. C. specialist, expert, 1. D. Efficiency, A primary goal of quality assurance and control programs is to: answer choices The process of getting things done effectively and efficiently with and through people. Do a financial impact study before taking action. C. impersonality, 1. B. planning, hiring, directing, and controlling. sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. -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 1.00 - 27 cards. Manage the corporate culture, -Decision: choice made from available alternatives WebQ. C. value proposition, 1. Recruiting Some organizations establish planning committees that intentionally include people from ________ backgrounds to bring ________ perspectives into the planning process. -Integration: tendency of the parts of an organization to draw together to achieve a common purpose, Stages in the life of the organization, the transitions from small to large firms, and the pyramid of organizational development tasks, -Birth stage: organization is created B. D. To set vacation benefits, 9. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. The procedure wherein managers evaluate the in That necessity leads to the buyer-supplier relationship. Yes, it is best to do what you know will work. Marketing managers B. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. C. Product design schedules A manager should discuss the corporate goals with his employees and then B. A. informational Acquire resources 5. You have identified a safety issue with one of your products. Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? 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. Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. You manage a department with ten employees. Walmart has exceptional logistics, but in 2014, Walmart was criticized for unusual shortages. Integrated Management Of Childhood Illness (Imci) Quiz. Explain one harm associated with unexpected inflation that is not associated with expected inflation. Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. https://quizlet.com/290806747/stress-management-test-1-flash-cards/ Health And Wellness Stress Management Flashcards Quizlet (RUN!) C. Thank the person for giving you their card. Competitive Advantage. A group of Japanese investors is visiting your office. C. planning, organizing, leading, and controlling. 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