MIS is designed to provide information needed for effective decision making by? A) Consumers B) Workers C) Foremen D) Managers

MIS is designed to provide information needed for effective decision making by? A) Consumers B) Workers C) Foremen D) Managers
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_________ concluded that managers perform 10 interrelated activities that relate to decision making, using information and interpersonal relationships. (a) Mintzberg ; (b) Abraham Maslow ; (c) Robert Owen ; (d) Henri Fayol

Description : _________ concluded that managers perform 10 interrelated activities that relate to decision making, using information and interpersonal relationships. (a) Mintzberg ; (b) Abraham Maslow ; (c) Robert Owen ; (d) Henri Fayol

Last Answer : (a) Mintzberg ;

Decision support programs are designed to help managers make __________ a) budget projections b) visual presentations c) business decisions d) vacation schedules

Description : Decision support programs are designed to help managers make __________ a) budget projections b) visual presentations c) business decisions d) vacation schedules

Last Answer : c) business decisions

Decision support programs are designed to help managers make __________ a) budget projections b) visual presentations c) business decisions d) vacation schedules

Description : Decision support programs are designed to help managers make __________ a) budget projections b) visual presentations c) business decisions d) vacation schedules

Last Answer : c) business decisions

The managers of a multinational company are located in France, India, Brazil, and the United States. Which decision-making technique seems most reasonable for this organization? (a) A postal service interaction ; (b) A brainstorming session ; (c) A nominal discussion (d) An electronic meeting

Description : The managers of a multinational company are located in France, India, Brazil, and the United States. Which decision-making technique seems most reasonable for this organization? (a) A postal service interaction ; (b) A brainstorming session ; (c) A nominal discussion (d) An electronic meeting 

Last Answer : (d) An electronic meeting

Many sophisticated techniques or tolls are useful in decision-making. Which of the following is a tool that helps managers figure out how much to produce and points out the relationship between revenues, costs, and profits? (a) Marginal analysis ; (b) Breakeven analysis ; (c) Ratio analysis ; (d) Financial analysis

Description : Many sophisticated techniques or tolls are useful in decision-making. Which of the following is a tool that helps managers figure out how much to produce and points out the relationship between revenues, ... Marginal analysis ; (b) Breakeven analysis ; (c) Ratio analysis ; (d) Financial analysis

Last Answer : (b) Breakeven analysis ;

Stirling Hotels places an advertisement with a coupon in the travel section of the Sunday Times. This ad is intended to help consumers in which phase of the decision-making process? A)Internal search B)Cognitive dissonance C)Purchase D)External search E)Framing

Description : Stirling Hotels places an advertisement with a coupon in the travel section of the Sunday Times. This ad is intended to help consumers in which phase of the decision-making process? A)Internal search B)Cognitive dissonance C)Purchase D)External search E)Framing

Last Answer : D)External search

The scheme to provide the remunerative prices to the farmers in case of glut in production and fall in prices is known as? a. MIS (Market Intervention Scheme) b. PSS (Price support scheme ) c. ISSTd. Both a and b e. Both a and c

Description : The scheme to provide the remunerative prices to the farmers in case of glut in production and fall in prices is known as? a. MIS (Market Intervention Scheme) b. PSS (Price support scheme ) c. ISSTd. Both a and b e. Both a and c

Last Answer : d. Both a and b

The most effective approach for social workers to follow in dealing with groups of delinquent boys is probably Options: A) To keep them fully occupied e.g., sports B) To concentrate on winning them as friends before attempting to reform them C) Simply to display proper behaviour themselves and wait for the boys to identify with them D) To provide them with Big Brother heroes among the nicer kids in the neighbour hood

Description : The most effective approach for social workers to follow in dealing with groups of delinquent boys is probably Options: A) To keep them fully occupied e.g., sports B) To concentrate on winning them ... with them D) To provide them with Big Brother heroes among the nicer kids in the neighbour hood

Last Answer : B) To concentrate on winning them as friends before attempting to reform them 

In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in the organization. b. Greater for employee fraud because of the higher crime rate among blue collar workers. c. Greater for management fraud because of management's ability to override existing internal controls. d. Greater for management fraud because managers are inherently smarter than employees.

Description : In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in ... existing internal controls. d. Greater for management fraud because managers are inherently smarter than employees.

Last Answer : Greater for management fraud because of management's ability to override existing internal controls

In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in the organization. b. Greater for management fraud because of management's ability to override existing internal controls. c. Greater for employee fraud because of the higher crime rate among blue collar workers. d. Greater for management fraud because managers are inherently smarter than employees

Description : In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in the ... blue collar workers. d. Greater for management fraud because managers are inherently smarter than employees

Last Answer : Greater for management fraud because of management's ability to override existing internal controls

According to ---------- the managers and workers should work together as partners and of equal importance for the organizations success (a) X theory (b) Y theory ; (c) Z theory ; (d) 2 Factor theory

Description : According to ---------- the managers and workers should work together as partners and of equal importance for the organizations success (a) X theory (b) Y theory ; (c) Z theory ; (d) 2 Factor theory

Last Answer :  (c) Z theory ;

Which of the Which of the following is following is the least the least likely decision likely decision to be made by made by Operations Operations Managers? a. How much How much capacity is capacity is required to required to balance demand b. balance demand b. How to use quality techniques to reduce waste c. Deciding which market areas to manufacture products for d. Selecting the location and layout of a facility e. Designing and Designing and improving the improving the jobs of jobs of the workforce

Description : Which of the Which of the following is following is the least the least likely decision likely decision to be made by made by Operations Operations Managers? a. How much How much capacity is ... a facility e. Designing and Designing and improving the improving the jobs of jobs of the workforce

Last Answer : . Deciding which market areas to manufacture products for

Managers utilizes marginal costing for A. Make or buy decision B. Utilization of additional capacity C. Determination of dumping price D. All of the above

Description : Managers utilizes marginal costing for A. Make or buy decision B. Utilization of additional capacity C. Determination of dumping price D. All of the above

Last Answer : D. All of the above

Which of the following best expresses the difference between programmed and non-programmed decisions? (a) Occur under certainty or risk; occur under uncertainty or ambiguity (b) Made by managers who prefer a thinking or technocratic style; made by managers who use judgement and follow intuition (c) Handled with decision rules; decision rules cannot be developed (d) Have computer routines developed for them; are not computerized

Description : Which of the following best expresses the difference between programmed and non-programmed decisions? (a) Occur under certainty or risk; occur under uncertainty or ambiguity (b) Made by managers ... rules cannot be developed (d) Have computer routines developed for them; are not computerized

Last Answer : (c) Handled with decision rules; decision rules cannot be developed 

When an agent asks a customer to invest in a Mutual Fund product without telling him/her about the risks involved in the investment, the process is termed as ______ A. Mis-selling B. Undertaking C. Misappropriation of Funds D. cross selling E. None of the Above

Description : When an agent asks a customer to invest in a Mutual Fund product without telling him/her about the risks involved in the investment, the process is termed as ______ A. Mis-selling B. Undertaking C. Misappropriation of Funds D. cross selling E. None of the Above

Last Answer : A. Mis-selling Explanation: The act of selling something that is not suitable for the person who buys it.

Function of endorsement label is ___. a) Gives necessary information b) Target limits on energy performance c) Allow consumers to compare the energy consumption of similar products d) Provide a certification to inform prospective purchasers

Description : Function of endorsement label is ___. a) Gives necessary information b) Target limits on energy performance c) Allow consumers to compare the energy consumption of similar products d) Provide a certification to inform prospective purchasers

Last Answer : Provide a certification to inform prospective purchasers

The function of comparative label is ____ a) Allow consumers to compare the energy consumption of similar products b) Provide a certification to inform prospective purchasers c) Gives necessary information d) Target limits on energy performance

Description : The function of comparative label is ____ a) Allow consumers to compare the energy consumption of similar products b) Provide a certification to inform prospective purchasers c) Gives necessary information d) Target limits on energy performance

Last Answer : Allow consumers to compare the energy consumption of similar products

Product -related ethical issues can arise when marketers A)do not provide consumers with enough information about how a product is priced. B)force intermediaries to behave in a specific manner. C)bribe salespeople to push one product over another. D)fail to disclose information to consumers about the risks associated with using a product. E)manufacture a product that is very similar to a competing product.

Description : Product -related ethical issues can arise when marketers A)do not provide consumers with enough information about how a product is priced. B)force intermediaries to behave in a specific manner. C) ... with using a product. E)manufacture a product that is very similar to a competing product.

Last Answer : D)fail to disclose information to consumers about the risks associated with using a produc

Does anyone know about a computer and management information systems (MIS) as a degree or career?

Description : Does anyone know about a computer and management information systems (MIS) as a degree or career?

Last Answer : Back in the day, 30 years ago, my husband was among the first people in the field, and his salary and job opportunities have always been way above par.

As compared to rental and leasing methods to acquire computer systems for a Management Information System (MIS), purchase method has following advantage : (A) It has high level of flexibility (B) It doesn’t require cash up-front (C) It is a business investment (D) Little risk of obsolescence

Description : As compared to rental and leasing methods to acquire computer systems for a Management Information System (MIS), purchase method has following advantage : (A) It has high level of flexibility (B) It doesn’t require cash up-front (C) It is a business investment (D) Little risk of obsolescence

Last Answer : (C) It is a business investment

Which of the following is considered a primary reason for creating an internal audit department? a. To safeguard resources entrusted to the organization. b. To evaluate and improve the effectiveness of control processes. c. To ensure the accuracy, reliability, and timeliness of financial and operating data used in management's decision making. d. To relieve management of the responsibility for establishing effective controls

Description : Which of the following is considered a primary reason for creating an internal audit department? a. To safeguard resources entrusted to the organization. b. To evaluate and improve the ... 's decision making. d. To relieve management of the responsibility for establishing effective controls

Last Answer : To evaluate and improve the effectiveness of control processes.

Definition of energy management given by cape hart , turner and Kennedy is ____ A. The Judicious and effective use of energy to maximize profits and enhance competitive position B. The Judicious and effective use of energy to minimize profits and enhance competitive position C. The systematic approach for decision making in area of energy management. D. All of the above

Description : Definition of energy management given by cape hart , turner and Kennedy is ____ A. The Judicious and effective use of energy to maximize profits and enhance competitive position B. The Judicious and ... The systematic approach for decision making in area of energy management. D. All of the above

Last Answer : The Judicious and effective use of energy to maximize profits and enhance competitive position

Should my human resources office at my job be able to provide me with information about workers compensation insurance?

Description : Should my human resources office at my job be able to provide me with information about workers compensation insurance?

Last Answer : Yes, it is one of the duties of the HR department to direct you regarding initiating a workers compensation claim.

What source of information is usually effective for moving consumers to the evaluation stage of the product adoption process? A)Salespersons B)Mass communication C)Personal sources D)Consumer advocat

Description : What source of information is usually effective for moving consumers to the evaluation stage of the product adoption process? A)Salespersons B)Mass communication C)Personal sources D)Consumer advocates

Last Answer : C)Personal sources

The............................. Is a collection of protocols designed by Internet Engineering TaskForce(IETF) to provide security for a packet at the Network level. A) IPsec B) Netsec C) Packetsec D) Protocolsec

Description : The............................. Is a collection of protocols designed by Internet Engineering TaskForce(IETF) to provide security for a packet at the Network level. A) IPsec B) Netsec C) Packetsec D) Protocolsec

Last Answer : A) IPsec

The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of alternative options. b. ensure the project sponsor has tight control of the project manager’s activity. c. document the outcomes of the planning process and provide the reference document for managing the project. d. document the outcome of the risk, change and configuration management processes.

Description : The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of  alternative options. b. ensure ... the  project. d. document the outcome of the risk, change and configuration management processes.

Last Answer : c. document the outcomes of the planning process and provide the reference document for managing the  project.

The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of alternatd. document the outcome of the risk, change and configuration management processes.ive options. b. ensure the project sponsor has tight control of the project manager’s activity. c. document the outcomes of the planning process and provide the reference document for managing the project.

Description : The main purpose of the Project Management Plan is to:  a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk  of alternative options.  b ... managing the project. d. document the outcome of the risk, change and configuration management processes.

Last Answer : c. document the outcomes of the planning process and provide the reference document for  managing the project.

Which of the following statements about the sales force in the 21st century is true? A. Sales managers will use a hands-off approach and let the professional salesperson be his or her own boss B. Transactional exchanges no longer occur C. Sales management must be smart and nimble and provide technology-centered solutions to support the sales effort D. Salespeople make little use of the Internet because they realize the importance of the personal touch E. All of the above statements about the sales force in the 21st century are true.

Description : Which of the following statements about the sales force in the 21st century is true? A. Sales managers will use a hands-off approach and let the professional salesperson be his or her own boss B ... touch E. All of the above statements about the sales force in the 21st century are true.

Last Answer : C. Sales management must be smart and nimble and provide technology-centered solutions to support the sales effort

The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer's Surplus (2) Producer's Surplus (3) Landlord's Surplus (4) Worker's Surplus

Description : The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer's Surplus (2) Producer's Surplus (3) Landlord's Surplus (4) Worker's Surplus

Last Answer : (1) Consumer's Surplus Explanation: Consumer surplus is the difference between the maximum price a consumer is willing to pay and the actual price they do pay. If a consumer would be willing to pay ... price, then they are getting more benefit from the purchased product than they spent to buy it.

The goal of a pure market economy is to best meet the desires of a. consumers b. companies c. workers d. the government

Description : The goal of a pure market economy is to best meet the desires of a. consumers b. companies c. workers d. the government

Last Answer : a. consumers

Which of the following is not a benefit of international trade? (a) Lower domestic prices (b) Development of more efficient methods of production © A wider selection of products for domestic consumers (d) High wage levels for all domestic workers.

Description : Which of the following is not a benefit of international trade? (a) Lower domestic prices (b) Development of more efficient methods of production © A wider selection of products for domestic consumers (d) High wage levels for all domestic workers.

Last Answer : The theory of comparative cost advantage is given by

The goal of a pure market economy is to meet the desire of? a) Consumers b) Companies c) Workers d) The government

Description : The goal of a pure market economy is to meet the desire of? a) Consumers b) Companies c) Workers d) The government

Last Answer : Answer- a 

The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer’s Surplus (2) Producer’s Surplus (3) Landlord’s Surplus (4) Worker’s Surplus

Description : The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer’s Surplus (2) Producer’s Surplus (3) Landlord’s Surplus (4) Worker’s Surplus 

Last Answer : Consumer’s Surplus

Tell me about a time when you had to make a decision, but didn't have all the information you needed.

Description : Tell me about a time when you had to make a decision, but didn't have all the information you needed.

Last Answer : This question is designed to see whether you know how to ask the right questions to get the information you need. The company doesn't want someone who makes a decision without all of the information.

Tell me about a time when you had to make a decision without all the information you needed. How did you handle it? Why? Were you happy with the outcome?

Description : Tell me about a time when you had to make a decision without all the information you needed. How did you handle it? Why? Were you happy with the outcome?

Last Answer : In many scenarios, you will not have all the information needed. The key is to make the best possible decision based on what you deem to be a sucient amount of information.

A combination of software and information designed to provide security and information for payment is called - a. digital wallet b. pop up ad c shopping cart d. encryption

Description : A combination of software and information designed to provide security and information for payment is called - a. digital wallet b. pop up ad c shopping cart d. encryption

Last Answer : d. encryption

A combination of software and information designed to provide security and information for payment is called a what? a. digital wallet b. Pop up ad c. Shopping cart d. Encryption

Description : A combination of software and information designed to provide security and information for payment is called a what? a. digital wallet b. Pop up ad c. Shopping cart d. Encryption

Last Answer : a. digital wallet

A combination of software and information designed to provide security and information for payment is called a what? a. digital wallet b. pop up ad c. shopping cart d. encryption

Description : A combination of software and information designed to provide security and information for payment is called a what? a. digital wallet b. pop up ad c. shopping cart d. encryption

Last Answer : a. digital wallet

Advertising that encourages consumers to send in cards for additional information aids salespersons in achieving which goal of personal selling? A)Convincing prospects to buy B)Finding prospects C)Keeping customers satisfied D)Making the presentation E)Following up the sale

Description : Advertising that encourages consumers to send in cards for additional information aids salespersons in achieving which goal of personal selling? A)Convincing prospects to buy B)Finding prospects C)Keeping customers satisfied D)Making the presentation E)Following up the sale

Last Answer : B)Finding prospect

Is there any company directory that can provide direct contact information of decision-makers?

Description : Is there any company directory that can provide direct contact information of decision-makers?

Last Answer : This is just me thinking out loud on how I would work around this. I would look up the company I am about to call. Find out the CEO or President, the higher up person. Write down their ... . They will just think that their company is wanting to talk to you. This method should get you somewhere.

Walton Food Products decided to use agents to reach industrial accounts several years ago. Logically, this decision was based on which one of the following? A)Steady demand for the firm's products B)Walton's desire to stay close to its customers C)Walton's desire to reduce selling costs D)The willingness of agents to provide market information

Description : Walton Food Products decided to use agents to reach industrial accounts several years ago. Logically, this decision was based on which one of the following? A)Steady demand for the firm's ... C)Walton's desire to reduce selling costs D)The willingness of agents to provide market information

Last Answer : C)Walton's desire to reduce selling costs

)Which form of power is the LEAST effective from the project manager's viewpoint in terms of influencing functional managers? 1. Formal power 2. Expert power 3. Penalty power 4. Referent power

Description : )Which form of power is the LEAST effective from the project manager's viewpoint in terms of influencing functional managers? 1. Formal power  2. Expert power  3. Penalty power  4. Referent power

Last Answer : 3. Penalty power

Which of the following statements concerning motivating marketing personnel is FALSE? A)Management must discover employees' needs and then develop motivational methods. B)Motivational methods should be fair, ethical, and well -understood by employees. C)Selecting effective motivational tools becomes easier as the work force becomes less diverse. D)Rewards to employees must be tied to organisational goals. E)Managers must use different tools to motivate different individuals.

Description : Which of the following statements concerning motivating marketing personnel is FALSE? A)Management must discover employees' needs and then develop motivational methods. B)Motivational methods should ... to organisational goals. E)Managers must use different tools to motivate different individuals.

Last Answer : C)Selecting effective motivational tools becomes easier as the work force becomes less diverse.

Marketing planning is a continuous process because A)marketing activities must parallel those of competitors. B)the time frame of plans must co -ordinate with the time frame of marketing controls. C)to have effective control, new control processes must be introduced. D)plans must be changed as forces in the marketing environment change. E)marketing managers tend to develop marketing myopia and focus on short -term plans.

Description : Marketing planning is a continuous process because A)marketing activities must parallel those of competitors. B)the time frame of plans must co -ordinate with the time frame of marketing controls. C ... change. E)marketing managers tend to develop marketing myopia and focus on short -term plans.

Last Answer : E)marketing managers tend to develop marketing myopia and focus on short -term plans.

Rules developed by the ___ are designed to protect the health and welfare of consumers. a) United States Department of Agriculture (USDA) b) Protein and Lactose Organization (PLO) c) Future Farmers of America (FFA) d) Food and Drug Administration (FDA)

Description : Rules developed by the ___ are designed to protect the health and welfare of consumers. a) United States Department of Agriculture (USDA) b) Protein and Lactose Organization (PLO) c) Future Farmers of America (FFA) d) Food and Drug Administration (FDA)

Last Answer : d) Food and Drug Administration (FDA)

Robert is a marketer for a global consumer products company. He is working on the promotional campaign designed to reach a target audience in a new international market. Robert is working hard to make sure that the promotional campaign is clearly understood by the nation's consumers and doesn't offend anyone. Which of the factors in the external environment is he being influenced by? A. Socio-cultural environment B. Competitive environment C. Economic environment D. Legal environment

Description : Robert is a marketer for a global consumer products company. He is working on the promotional campaign designed to reach a target audience in a new international market. Robert is working ... A. Socio-cultural environment B. Competitive environment C. Economic environment D. Legal environment

Last Answer : A. Socio-cultural environment

If Sony designed its colour TVs to specifications developed by Dixons management because Sony believed that Dixons knew what today's consumers want, the retailer would have ________ power. A)reward B)expert C)referent D)legitimate

Description : If Sony designed its colour TVs to specifications developed by Dixons management because Sony believed that Dixons knew what today's consumers want, the retailer would have ________ power. A)reward B)expert C)referent D)legitimate

Last Answer : B)expert

In a free enterprise economy, resource allocation is determined by - (1) the pattern of consumers' spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

Description : In a free enterprise economy, resource allocation is determined by - (1) the pattern of consumers' spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

Last Answer : (1) the pattern of consumers' spending Explanation: In a free market economy, resources are allocated through the interaction of free and self-directed market forces. This means that what to ... is determined by producers, and who gets the products depends upon the purchasing power of consumers.