A. jointly agree on goals, so that the employee commits to the goals B. 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. 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. project planning chart 1.2.4.5 Process Groups - 7 cards. C. Keeping the layoff news out of the newspaper. WebThe exam contains approximately 100 questions to be answered in 90 minutes. Evaluation plans Quiz! 1. Being asked to chair a new committee. You manage a department with ten employees. I. A. mission C. Thank the person for giving you their card. B. resource allocator All of the following are elements of the general environment except. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. A robust competitive analysis will allow you to focus on those companies that will compete for customers Taylor and Gantt were the management consultants of their day. What are 3 strategic responses a firm can make to their competitors? You own a company. 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. Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. 1. Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. -Suboptimization: occurs when the performance of an organizational subunit is optimized at the expense of the organization as a whole -Incremental Model: managers take small, short term steps to alleviate a problem, rather than steps that will accomplish the long term solution B. C. code of ethics, 1. B. owners are directly involved in management to protect their interests WebThe exam contains approximately 100 questions to be answered in 90 minutes. -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 Management failed to, 1. Each team is 3 to 4 people who work independently of other teams, but each team posts weekly to a company blog about what they are doing. -Accountability: mechanism through which authority and responsibility are brought into alignment Which of the following attributes makes suppliers a stronger threat? 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. A good staffing plan B. mission statement A. strategic partnerships, research and development Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. A. once-a-year process -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 Management activities are often grouped into four categories. WebQ. C. bureaucratic, 1. -Organizing: development of resources to achieve strategic goals, -Division of labor, tasks are subdivided into jobs, employees perform specialized tasks, jobs are small but efficient, The chain of command, unity of command and the scalar principle, -Chain of command: line of authority that links all persons in an organization, shows who reports to whom B. A. government regulations In the food truck industry, for example, it is easy for new firms to enter and compete. 2. D. Using color-coded file folders for different subjects, D. Using color coded file folders for different subjects. B. Middle Which is not true concerning corporate downsizing? C. a clear mission, 1. 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 These are aspects of his rule called A. optimizing the work process and training employees to follow it B. -Incremental budgeting: allocates increased or decreased funds to a department by using the last budget period as a reference point Web1. B. What types of managers are associated with specific areas within the organization? Management activities are often grouped into four categories. The rate of return that a firm promises to pay its suppliers of capital (debt & equity) to induce them to invest in the firm. C. Management A. answer choices Planning, directing, organizing and delegating -More economic value than competitors. Early behaviorism 2. A. Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. Each objective is linked to a specific report, and she has reports of those measures from the past three years. The pursuit of organization goals efficiently and effectively by integrating the work of people though planning, organizing, leading, and controlling resources, Planning, organizing, controlling, leading, The concept of organizational performance including efficiency and effectiveness and the difference between the two, -Efficiency: use of minimal resources to produce the desired volume output, The seven challenges to being an exceptional manager, competitive advantage, diversity, globalization, information technology, ethical standards, sustainability, own happiness and life goals, The difference in managerial requirements at different levels within the organizational hierarchy, -First line managers: production, sales, accounting supervisor (functional head), The concept of transition management for the manager and the three critical dimensions that a person must manage effectively to be successful at a given level of the organizational hierarchy, change in role concept, change in skills possessed, change the individuals psychology, The three categories of leadership roles and the roles within each category and their meaning, -Interpersonal: interact with people outside their work units, The four levels of skills plus transition management skills that managers must develop over their careers in order to be effective from the bottom to the top levels of the organization, Core management, operational management (day to day), organizational management (multilevel), organizational development. Plus one for every level: transition management, The transition in management skill emphasis as one progresses upwards in management, knowing how to transition to the next step in managing, The concept of evidence based management (Pfeffer and Sutton), Evidence based management: translating principles based on best evidence into organizational practice, bringing rationality to the decision making process, The two overarching perspectives about management, -Historical: classical, behavioral, quantitative Its primarily effectiveness oriented Which managers are more expendable in corporate downsizing? Make sure products meet the company standards The Bargaining power of the c Part A Solve the problem without assigning blame. Marketing managers B. Engineers talk to each other across the organization. A. Objectives 3. Crop Production and Management Class 8 MCQ Questions with Answers, FRM 188 (Range Management) Long Test No. Finances Some of these are pretest questions that will not be scored. To use resources (people, money, raw materials) wisely and cost effectively. -Decentralization: decision authority is pushed downward to lower organizational levels, -Visual representation, set of formal tasks, framework for vertical control, formal reporting relationships, Organization structures: Simple, functional, divisional, Organization structures: how tasks are divided, resources are deployed, and departments are coordinated -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 A. quality assurance and quality control programs -Import quotas: limits on the numbers of a product that can be imported A. She took a goal-setting class and created seven goals for her organization and managers. D. All stakeholders except clients. You should schedule the call at a time that limits the inconvenience to: Testing to ensure quality products 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? 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. Focus on providing accurate and timely information to them as you get it. We'll bring you back here when you are done. 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. -Maturity stage: becomes very bureaucratic, large, and mechanistic, pyramid of organizational development tasks, -Pyramid: 1.business foundation 2. Which of the following is not a potential source of diseconomies of scale? B. commitment to the plan B. Effectiveness. -Conceptual: broad perspective, consider many options, high tolerance to ambiguity One graphic representation of the tasks required over the course of a project is called This is Google's Taylor said managers had responsibilities such as WebWho should be involved in Risk Management activities? She is not a native English speaker. B. political, essential, social, technological, ecological, and legal This insight is part of Google has a flatter organization chart than most large companies. 0. Productivity Find out how you can intelligently organize your Flashcards. -Importance: rise of virtual organizations, rise of boundaryless organizations, speed and innovation, The significance about learning about international management, Many places are multinational, may deal with foreign customers or partners, Globalization, the global village and e-commerce, -Globalization: trend of the world economy toward becoming a more interdependent system B. C. Hire the right people to produce the product Speak slower than normal and listen carefully. Develop management systems 7. Introducing Cram Folders! -Three phases: 1. C. Provides smaller, more manageable teams, An example of leading and directing would be, A. Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? Business -Strategy Implementation Guide to understanding how CLEP scores are calculated and credit-granting recommendations for all exams. 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