Principles of MGMT - Exam #3

84 cards

Management - Chapters 9 - 18 flashcards


 
  
Created Nov 13, 2010
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cddobbins

 

 
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1
What type of departmentalization organizes work and workers into separate units responsible...
 
Functional
2
What are some advantages of functional departmentalization?
 
Work done by highly skilled specialists, lower costs through reduced duplication, communication...
3
What are some disadvantages of functional departmentalization?
 
Cross-department coordination can be difficult, may lead to slower decision making, produces...
4
What kind of departmentalization organizes work and workers into separate units responsible...
 
Product
5
What are the advantages of product departmentalization?
 
Managers specialize, but have broader experiences, easier to assess work-unit performance,...
6
What are the disadvantages of product departmentalization?
 
Duplication of activities, difficult to coordinate across departments
7
What kind of departmentalization organizes work and workers into separate units responsible...
 
Geographic
8
What are the advantages of geographic departmentalization?
 
Responsive to the demands of different market areas, unique resources, located close to the...
9
What are the disadvantages of geographic departmentalization?
 
Duplication of resources, difficult to coordinate across departments
10
The right to command immediate subordinates in the chain of command is defined as what?
 
Line authority
11
The right to advise but not command others who are not subordinates?
 
Staff authority
12
The assignment of direct authority and responsibility to a subordinate to complete tasks for...
 
Delegation of authority
13
The process of solving problems by consistently applying the same rules, procedures, and processes...
 
Standardization
14
The location of a significant amount of authority in the lowest levels of organization is defined...
 
Decentralization
15
What are some characteristics of job specialization?
 
A job that is a small part of a larger task or process; jobs are simple, easy to learn, and...
16
A fundamental rethinking and radical redesign of business processes to achieve dramatic improvements...
 
Reengineering
17
What can lead to low satisfaction, high absenteeism, employee boredom, and employee turnover
 
Job specialization
18
The feeling of intrinsic motivation, in which workers perceive their work to have meaning and...
 
Empowerment
19
Which type of person does things right and goes along with the status quo?
 
Managers
20
Which type of person is a builder and a problem solver?
 
Managers
21
Which type of person does the right things and goes along with change?
 
Leaders
22
Which type of person is an architect and motivates and inspires?
 
Leaders
23
What theory says that successful leaders possess a similar set of traits or characteristics?
 
Leadership Trait Theory
24
The extent to which a leader is friendly, approachable, and supportive and shows concern for...
 
Considerate Leadership Behavior
25
What type of management pays thoughtful attention to the needs of people for satisfying relationship...
 
Country club
26
What type of management is described by adequate organizational performance is possible through...
 
Middle-of-the-road
27
What type is management is described by work accomplished is from committed people. Interdependence...
 
Team
28
What type of management  is described by exertion of the minimum effort needed to get...
 
Impoverished
29
What type of management is described by efficiency in operations results from arranging conditions...
 
Authority-Compliance
30
Which type of leadership style describes the leader being friendly, approachable, shows concern...
 
Supportive
31
Which type of leadership style describes the leader consulting employees for suggestions and...
 
Participative
32
Which type of leadership style describes the leader letting employees know precisely what is...
 
Directive
33
Which type of leadership style describes the leader setting challenging goals, has high expectations...
 
Achievement-Oriented
34
The ability to anticipate, envision, maintain flexibility, think strategically, and work with...
 
Strategic leadership
35
Creates an exceptionally strong relationship between leader and follower, has clear vision...
 
Charismatic leadership
36
What are some characteristic of ethical charismatics?
 
Provide developmental opportunities, open to positive and negative feedback, and recognize...
37
What are some characteristics of unethical charismatics?
 
Control and manipulate followers, do what is best for themselves, only want positive feedback,...
38
Generates awareness and acceptance of groups' purpose and mission, gets followers to accomplish...
 
Transformational
39
The process by which individuals attend to, organize, interpret, and retain information from...
 
Perception
40
The tendency to notice and accept objects and information consistent with our values, beliefs,...
 
Selective perception
41
Which theory states that we all have a basic need to understand and explain the causes of other...
 
Attribution theory
42
When things go wrong in the workplace, workers are more likely to attribute their problems...
 
External attributions, internal attributions
43
In the model of the communication process, _______ makes senders aware of possible miscommunications...
 
Feedback
44
What percentage is the information carried by informal communication channels accurate?
 
75 to 95
45
Does informal communication channels follow the same channels as formal communication?
 
No
46
What is the best management strategy for controlling informal communication?
 
Not to withhold information they wish to keep from employees
47
What percentage of if what managers hear is retained?
 
25%
48
Are managers with poor listening skills likely to be promoted?
 
No
49
What does he control process begin by establishing?
 
Clear standards of performance
50
What two things does the control process compare?
 
Actual to desired performance
51
What involves taking corrective action to repair in the control process?
 
Performance deficiencies
52
What three types of control does the control process consist of?
 
Concurrent, feedback, feedforward
53
A basis of comparison for measuring the extent to which organizational performance is satisfactory...
 
Standards
54
A mechanism for gathering information about performance deficiencies after they occur is defined...
 
Feedback control
55
A mechanism for gathering information about performance deficiencies as they occur, thereby...
 
Concurrent control
56
A mechanism for monitoring performance inputs rather than outputs to prevent or minimize performance...
 
Feedforward control
57
A statement that predicts how changes in a business will effect its ability to take in more...
 
Cash flow analysis
58
A statement that provides a snapshot of a company's financial standing at a particular time...
 
Balance sheet
59
A statement that shows what has happened to a company's income, expenses, and net profit over...
 
Income statement
60
What is used to track liquidity, efficiency, and profitability over time compared to other...
 
Financial ratios
61
Economic Value Added is important because  the amount by which company profits exceed the...
 
Cost of capital
62
Economic Value Added shows whether a business, division, department, profit center or product...
 
Paying
63
Economic Value Added makes manager at all levels pay closer attention to their ________ of...
 
Segment of business
64
When dealing with the _________ and __________ perspective area of the balanced scorecard,...
 
innovation and perspective
65
The first company to use new information technology to substantially lower costs of differentiate...
 
First mover advantage
66
Raw data = _______ + _________
 
Facts + Figures
67
Information = ____________
 
Useful data that influence choices
68
The key to sustaining __________ __________ is  using information technology to continuously...
 
Competitive advantage
69
The process of discovering patterns and relationships in large amounts of data, such as how...
 
Data mining
70
A private company network that allows employees to easily access, share, and publish information...
 
Intranet
71
A manufacturer of pharmaceuticals can access information about its sales  and share new product...
 
Electronic data interchange
72
What kind of data does executive information systems use?
 
Internal and external
73
What are executive information systems used for?
 
To monitor and analyze organizational performance
74
What must executive information systems provide for managers?
 
Accurate, complete, relevant, and timely information
75
Companies that use electronic data interchange, intranets, and the Internet to gain competitive...
 
Higher productivity
76
An information system that helps managers understand specific kinds of problems and potential...
 
Decision support system
77
Information systems that contain the specialized knowledge and decision rules used by experts...
 
Expert systems
78
A measure of performance that indicates how many inputs it takes to produce or create an output...
 
Productivity
79
At their core, companies are ________ systems that combine inputs such as labor, raw materials,...
 
Production
80
A series of five standards for achieving consistency in quality is defined as what?
 
ISO 9000
81
The ISO 9000 is applicable to the manufacturing of ________ and to the ________ of ________
 
goods, delivery of services
82
Do companies prefer to buy from companies with ISO 9000 certification?
 
Yes
83
What are the key parts of material requirement planning?
 
The master production schedule, the bill of materials, and inventory records
84
 A system of  formulas that minimizes ordering and holding costs and helps determine...
 
Economic order quantity

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