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