Description : The major benefit of having employees participate in goal setting is: (a) That it provides the company with greater financial stability. (b) That it appears to induce employees to accomplish more difficult ... type of system. (d) That it provides more time for management to pursue other activities.
Last Answer : (b) That it appears to induce employees to accomplish more difficult goals and tasks.
Description : Which of the following techniques uses variables such as price and promotional expenditures, which are related to product demand, to predict demand? (a) associative models ; (b) exponential smoothing ; (c) weighted moving average (d) time series
Last Answer : (a) associative models ;
Description : The three major types of forecasts used by business organizations are (a) strategic, tactical, and operational ; (b) economic, technological, and demand (c) exponential smoothing, Delphi, and regression ; (d) departmental, organizational, and territorial
Last Answer : (b) economic, technological, and demand
Description : The belief that a firm's obligation goes beyond that required by law and economics, and includes a pursuit of long-term goals that are good for society is known as: (a) Social responsiveness ; (b) Ethical responsibility ; (c) Social responsibility ; (d) Social obligation
Last Answer : (c) Social responsibility ;
Description : You are the project manager for a cable service provider. Your team members are amiable with each other and are careful to make project decisions jointly. Which of the following statements is true? ... stage of Develop Project Team. D. They are in the forcing stage of Develop Project Team.
Last Answer : B. They are in the norming stage of Develop Project Team.
Description : A problem solver is a style of problem solving reflected by the manager (a) Who confronts the problem, reacts to it, and makes those changes necessary solve it. (b) Who notices a problem and does ... problems so that corrective action can be taken before the problem grows. ; (d) None of the above
Last Answer : (a) Who confronts the problem, reacts to it, and makes those changes necessary solve it.
Description : In -------------- theory management assumes that employees may be ambitious, self-motivated, and anxious to accept greater responsibility, and exercise self-control, self-direction, autonomy and empowerment. (a) Theory Y manager ; (b) Theory X manager ; (c) Theory Z manager ; (d) All of the above
Last Answer : (d) All of the above
Description : Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's of: ... leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.
Last Answer : B)smoothing demand fluctuations.
Description : 15) Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's ... leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.
Description : If unprepared, what strategic pressures are recognized as key factors that can weaken the Organization ? A. Competitive and Environmental pressure B. Control at the expense of flexibility C. Lack of Planners D. Competitive & Environmental pressures and excessive control
Last Answer : Competitive & Environmental pressures and excessive control
Description : Getting work done with a minimum effort, expense, or waste is the definition of __________. (a) Management ; (b) Planning ; (c) Efficiency ; (d) Effectiveness
Last Answer : ; (c) Efficiency ;
Description : Getting work done with a minimum of effort, expense or waste is the definition of _________ (a) Effectiveness. ; (b) Management ; (c) Planning. ; (d) Efficiency
Last Answer : ; (d) Efficiency
Description : If the average human being prefers to be directed, wishes to avoid responsibility, has relatively little ambition and wants security above all, the management attitude would be: (a) Theory Y manager ; (b) Theory X manager ; (c) Theory Z manager ; (d) All of the given options
Last Answer : (b) Theory X manager ;
Description : Which of the following statements would a Theory X manager consider to be true? (a) The average person can learn to accept and even seek responsibility (b) Employees will shirk responsibility (c) ... if they are committed to the objectives (d) Employees view work as being as natural as play
Last Answer : C) Employees will exercise self-direction if they are committed to the objective
Description : A Goal is an open ended statement of what one wants to accomplish with no quantification of what is to be achieved and no time criteria for completion
Last Answer : False
Description : Strategic planning: (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time. (b) Involves managers in each unit of ... overall plans of the organization. (d) Determines the day-to-day operations within an organization.
Last Answer : (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time.
Description : An important factor of the preplanning stage in group dynamics is determining what the group is to accomplish; this is known as………………… (a) Goal setting ; (b) Cohesion ; (c) Clarity of purpose ; (d) Group orientation
Last Answer : (c) Clarity of purpose ;
Description : Price elasticity of demand provides A.A measure of the responsiveness of the quantity demanded to changes in the price of the product, holding constant the values of all other variables in the demand function ... the firm C.A technical change in the cost of product D.Technical change in the value.
Last Answer : A.A measure of the responsiveness of the quantity demanded to changes in the price of the product, holding constant the values of all other variables in the demand function.
Description : ------------ is a condition in which the decision maker chooses a course of action without complete knowledge of the consequences that will follow implementation. (a) Risk ; (b) Uncertainty ; (c) Ambiguity ; (d) Accuracy
Last Answer : (b) Uncertainty ;
Description : Changes to the project involve moving from: A. Project control stage to project definition stage B. Project control stage to project planning stage C. Project control stage to understanding the project environment stage D. None of the above
Last Answer : A. Project control stage to project definition stage
Description : Which one of the following residual biases involves the GPS accuracy? (A) Satellite dependent biases due to uncertainty in the orbital parameters of the satellite (B) Receiver-dependent biases due to ... (C) Signal propagation biases due to the sphere and troposphere propagation (D) All the above
Last Answer : Answer: Option D
Description : Which of the following is not type of qualitative forecasting? (a) executive opinions ; (b) sales force composites ; (c) the Delphi method ; (d) moving average
Last Answer : Moving average
Description : International strategic options can be derived, from a consideration of geographical dispersion or concentration of various activities and.... A. Degree of international co-ordination B. Degree of Political Stability C. Degree of Competitive Advantage D. None of the above
Last Answer : Degree of international co-ordination
Description : Which of the following are elements of International Strategy framework? A. Trade policies B. Lingual Advancements C. Economic Stability D. Climatic conditions
Last Answer : Trade policies
Description : Stability Strategy is a _______________ strategy a. Business level b. Corporate level c. strategic level d. Functional
Last Answer : Corporate level
Description : Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level
Description : Sharon Moro, office manager at Willow Manufacturing stated, We d had manufacturing work cells in place for at least two years, but change didn t really happen until we added teamwork. To ... Individual employee success was recognized and celebrated. (d) Employees believed in what they were doing.
Last Answer : (c) Individual employee success was recognized and celebrated.
Description : Which of the following is most likely to be a belief held by a successful manager? (a) Technical knowledge is all that is needed for success. (b) It is not essential to have sound ... skills are necessary, but insufficient alone for success. (d) Effectiveness is not impacted by human behavior.
Last Answer : (c) Technical skills are necessary, but insufficient alone for success.
Description : What is one drawback of increasing automation? a. The product requires increased time/expense for subsequent short-move repositioning. b. Operating second shift becomes more expensive. c. ... d. Automation slows production capability. e. It requires more employees for the production line.
Last Answer : a. The product requires increased time/expense for subsequent short-move repositioning.
Description : Ansoff's matrix is useful for what? A. Integrating a business's marketing strategy with general strategic direction B. Establishing an editorial calendar for staff to follow C. Understanding buyer personas and buyer behaviour D. Hiring new staff and training them on marketing tactics
Last Answer : Integrating a business's marketing strategy with general strategic direction
Description : Which of these statements apply to Strategic Groups. A. Organizations within an industry following similar strategies or competing on similar bases. B. Examples, in grocery retailing are supermarkets ... the similarities and differences in bases of segmentation D. All of these options apply
Last Answer : All of these options apply
Description : Which of these statements apply to Strategic Groups. A. Organizations within an industry following similar strategies or competing on similar bases. B. Examples, in grocery retailing are supermarkets, ... the similarities and differences in bases of segmentation D. All of these options apply.
Last Answer : All of these options apply.
Description : What is the term used to define the number of subordinates directly controlled by a manager? (a) Division management ; (b) Departmentation ; (c) Investment span ; (d) Span of management
Last Answer : (d) Span of management
Description : What is span of control? (a) empowering lower-level employees (b) concentrating decision-making on one specific point in the organization (c) centralization (d) number of subordinates a manager can effectively direct
Last Answer : (d) number of subordinates a manager can effectively direct
Description : Before accepting an audit engagement, a successor auditor should make specific inquiries of the predecessor auditor regarding the predecessor's a. Evaluation of all matters of continuing accounting ... . Opinion of any subsequent events occurring since the predecessor's audit report was issued
Last Answer : Understanding as to the reasons for the change of auditors
Description : Probably the most important of the following determinants of the effectiveness of learning is Options: A) The method of presentation B) The need of meaningfulness and understanding C) The concentration of the learning periods D) The degree of over-learning
Last Answer : B) The need of meaningfulness and understanding
Description : The schools as an agent of society helps (a) To develop an adequate level of vocational competence in children (b) To provide children with an understanding of their environment (c) To prepare the child for life (d) To maintain social stability
Last Answer : (c) To prepare the child for life
Description : Best to-do online manager?
Last Answer : www.todoist.com
Description : This corporate parent seeks to employ its own competences to add value to its business units. A. The Portfolio manager B. The Synergy manager C. The Parental developer D. None of these options
Last Answer : The Parental developer
Description : This corporate parent seeks to enhance value across business units by managing synergies across business units. A. The Portfolio manager B. The Synergy manager C. The Parental developer D. None of these options
Last Answer : The Synergy manager
Description : This corporate parent acts as an agent on behalf of financial markets and shareholders, with a view to enhancing the value attained from the various businesses. A. The Portfolio manager B. The Synergy manager C. The Parental developer D. None of these options
Last Answer : The Portfolio manager
Description : The Middle Manager is the most visible and critical Strategic Manager
Description : A strategic manager that seeks to reach acceptable profit targets as opposed to making as much profit as possible is making decisions of which type? a) Satisfactory b) Satisficing c) Irrational d) Optimal
Last Answer : Satisficing
Description : Mr. (A) is a manager in a manufacturing company, he attempts to establish a culture of quality affecting the attitudes and actions of every employee and relies on a workforce that wants to ... Management ; (b) Knowledge management ; (c) Operations Management (d) Management of Information System
Last Answer : (c) Operations Management
Description : When a subordinate or lower level manager passes information or offers suggestions to higher level management, they're using which level of communication? (a) Upward communication ; (b) Downward communication ; (c) Lateral communication (d) Diagonal communication
Last Answer : (a) Upward communication ;