196 Best Management Questions and Answers (Q&A) - ProProfs Discuss

G. Deacon, Civil Engineer
Answered: Sep 21, 2020

ABC analysis is an inventory categorization technique. It divides an inventory into three categories.

• A items are imperative for an organization. • It is due to the...Read More

5 Answers

946 views

What would be the company's overall net operating income if these data indicate that if Product A is dropped?

K. Myers, Blogger
Answered: Aug 22, 2018

Numerous calculations are involved when determining the profit margin of a product. You need to calculate differences that allow you to find the total amount of profit for the month’s sale....Read More

2 Answers

914 views

What are Mintzberg's 4 modes of strategic decision-making?

M. Kennedy, Web Content Writer
Answered: Sep 11, 2018

Henry Mintzberg is a renowned management theorist who developed a list of organizational types. He identified various organizations as a result of their blend of strategy, environmental forces,...Read More

2 Answers

901 views

Why do businesses most often use derivatives as they can be used as speculative instruments?

John Smith
Answered: May 10, 2024

Hedge.

Firms may use forward contracts and futures to protect against currency fluctuations or changes in commodity prices. Interest-rate options help companies control financing costs.

1 Answer

894 views

What are the 4 P's of project management?

C.Dorothy
Answered: Apr 18, 2018

The wrong statement is an activity cannot be represented by more than one arrow, but an arrow can represent one or more activities. When drawing an arrow flow chart for PERT/CPM, each event is a...Read More

2 Answers

856 views

What type of example is this?

John Smith
Answered: May 10, 2024

Achieving an organizational objective.

1 Answer

839 views

What is setting the organization’s goals and deciding how best to achieve those goals defined as?

John Smith
Answered: May 10, 2024

Planning and decision making

Regardless of level or area, management involves the four basic functions of organizing, planning and decision making, controlling, and leading. Refer to...Read More

4 Answers

815 views

What is the carrying inventory?

Cppanse
Answered: May 10, 2024

To make the system less productive

1 Answer

802 views

What is the difference between EOQ and JIT?

J. Pollock, Science Professor
Answered: Jul 17, 2019

EOQ and JIT are two ways of managing and organizing inventories. Inventories are stock of items available at a particular location or business. EOQ is the short form of Economic Order Quantity....Read More

1 Answer

781 views

What type of field allows users to input text, images, and links?

Larry Thornton, Student
Answered: Feb 26, 2019

The Rich Text Area is known to be an interface wherein you can edit the rich text that you have used in order to create your website. This means that you will be able to see how the text would...Read More

2 Answers

772 views

Which skills are necessary to accomplish or understand the specific kind of work done in an organization?

AmandaCox
Answered: May 10, 2024

Technical

Managers rely on many different fundamental management skills to carry out the management functions most effectively. For more information, refer to pages 7 and 8 in your...Read More

2 Answers

764 views

What is setting the organization’s goals and deciding how best to achieve those goals defined as?

AmandaCox
Answered: May 10, 2024

Planning and decision making

Regardless of level or area, management involves the four basic functions of organizing, planning and decision making, controlling, and leading. Refer to...Read More

2 Answers

757 views

Is it true that scientific management was concerned with improving efficiency and work methods for individual workers?

John Smith
Answered: May 10, 2024

True

In an effort to make labor within an organization more efficient, businesses started researching ways to make individual workers more efficient and this research was eventually called...Read More

2 Answers

753 views

What does STARS symbolise in a BCG Matrix?

Strmk
Answered: May 10, 2024

Growth

****

1 Answer

751 views

What is an output from the Quality Planning process?

John Smith
Answered: May 10, 2024

Quality management plan; The quality management plan is an output from quality planning. The quality management plan involves procedures and processes that help to ensure that the project will...Read More

1 Answer

740 views

Management Questions and Answers (Q&A)

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