Test 2 Flashcards
(115 cards)
Which aspect of the management process involves determining what the organization needs to do and how best to get it done?
Planning
The first step in the planning process is determining goals. What is the next step?
Developing a comprehensive strategy
Which description identifies the organizing function of the management process?
Determining how best to arrange an organization’s resources into a coherent structure
Which description identifies the controlling function of the management process?
Monitoring a firm’s performance to ensure that it is meeting its goals
Which type of manager is responsible for implementing the strategies, policies, and decisions made by top managers?
Middle manager
Which level of management sets general policies, formulates strategies, approves all significant decisions, and represents the company in dealings with other firms and with government bodies?
Top managers
Which of the following managers depend most on conceptual skills?
Top managers
A manager is expected to serve in what interpersonal capacity when coordinating people, groups, and organizations?
Liaison
What type of skill is needed to understand foreign markets, cultural differences, and motives of foreign rivals?
Global management
When the finance department has a goal of a 3 percent increase in return on investment in three years, what type of goal is the organization setting?
An intermediate goal
When conducting a SWOT analysis of an organization, which question can help management brainstorm for the strengths section of the analysis?
What does the organization offer that makes it stand out from other organizations?
When conducting a SWOT analysis of an organization, which question can help management brainstorm for the opportunities section of the analysis?
What external changes present interesting possibilities?
What is the advantage of an organizational structure that is unstructured and informal?
The structure is more adaptable to the environment.
Reporting relationships within a company are indicated on an organization chart and represent
Chain of command
Which of the following is an advantage of job specialization?
Workers can develop expertise in their jobs
What is the advantage of using product departmentalization?
Managers can focus on specific product lines.
What is dividing a store into a men’s department, a women’s department, and a luggage department an example of?
Customer departmentalization
What is the main organizational characteristic of decentralized firms?
Flat
In what type of organization is decision-making authority delegated to levels of management at various points below the top?
Decentralized
Which of the following BEST describes accountability?
The obligation employees have to their manager for the successful completion of an assigned task
When a company produces products when consumers want them, it creates which type of utility?
Time
Which term describes services that cannot be produced ahead of time?
Unstorable
Which of the following is critical to the success or failure of service operations?
Provider-customer contact
In which type of system must the customer be actively involved in order to receive the good or service?
High-contact