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chapter 14 management
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Questions in this quiz (24)
1the use of rules, regulations, and authority to guide performance
- Abureaucratic control
- Bmarket control
- Cclan control
- Dstandard
2control based on the use of pricing mechanisms and economic information to regulate activities within organizations
- Amarket control
- Bbureaucratic control
- Cclan control
- Dstandard
3expected performance for a given, a target that establishes a desired performance level, motivates performance, and serves as a benchmark against which actual performance is assessed
- Astandard
- Bprincipled of exception
- Cbureaucratic
- Dmarket control
4a managerial principled stating that control is enhanced by concentrating on the exceptions to or significant deviations from the expected result or standard
- Aprincipled of exception
- Bstandard
- Cmarket control
- Dfeedback control
5the control process used before operations begin, including policies, procedures, and rules designed to ensure that planned activities are carried out properly
- Afeedforward control
- Bconcurrent control
- Cfeedback control
- Dcommunication
6the control process used while plans are being carried out, including directing, monitoring, and fine tuning activities as they are performed
- Aconcurrent control
- Bfeedback control
- Cfeedforward control
- Dcommunication
7control that focuses on the use of information about previous results to correct deviations from the acceptable standard
- Afeedback control
- Bconcurrent control
- Cfeedforward control
- Dcommunication
8an evaluation of the effectiveness and efficiency go various systems within an organization
- Amanagement audit
- Bexternal audit
- Cinternal audit
- Dconcurrent control
9an evaluation conducted by one organization, such as a spa from, on another
- Aexternal audit
- Binternal audit
- Cmanagement audit
- Dfeedback control
10a periodic assessment of a company owning planning, organizing, leading, and controlling processes
- Ainternal audit
- Bexternal audit
- Cmanagement audit
- Dfeedback control
11the process of investigating what is being done and comparing the results with the corresponding budget data to verify accomplishments or remedy differences also called budgetary controlling
- Abudgeting
- Baccounting audits
- Cactivity based costing
- Dinternal audits
12procedures used to verify accounting reports and statements
- Aaccounting audits
- Bactivity based costing
- Cbudgeting
- Dinternal audits
13a method of cost accounting designed to identify streams of activity and then to allocate costs across particular business processes according to the amount of time employees devote to particular activities
- Aactivity based costing
- Baccounting audits
- Cbudgeting
- Dinternal audits
14a report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders equity
- Abalance sheet
- Bassets
- Cliabilities
- Dstockholders equity
15the values of the various items the corporations owns
- Aassets
- Bliabilities
- Cbalance sheet
- Dprofit and loss statement
16the amounts a corporation owes to various creditors
- Aliabilities
- Bassets
- Cbalance sheets
- Dstockholders equity
17an itemized financial stamens of the income and expenses of a company operation
- Aprofit and loss statement
- Bstockholders equity
- Cassets
- Dbalance sheet
18a liquify ratio that indicated the extent to which short term assets can decline and still be adequate to pay short term liabilities
- Acurrent ratio
- Bdebt equity ratio
- Creturn on investment
- Dmanagement myopia
19a leverage ratio that indicates the company ability to meet its long term financial obligations
- Adebt equity ratio
- Breturn on investment
- Ccurrent ratio
- Dmanagement myopia
20a ratio of profit to capital used, or a rate of return from capital
- Areturn on investment
- Bmanage myopia
- Ccurrent ratio
- Ddebt equity ratio
21focusing on short term earnings and profits at the expenses of longer term strategic obligations
- Amanagement myopia
- Breturn n investment
- Cdebt equity ratio
- Dcurrent ratio
22control system combining for sets of performance measure, financial, customer, business process, and learning and growth
- Abalanced scorecard
- Bcurrent ratio
- Creturn equity ratio
- Dreturn on investment
23price charged by one unit for a good or service provided to another unit within the organization
- Atransfer price
- Bbalanced scorecard
- Ccurrent ratio
- Dmanagement myopia
24any process that directs the activities of individuals toward the achievement of organizational goals
- Acontrol
- Bclan control
- Cmarket control
- Dbureaucratic control
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- associates Business Management Quiz on chapter 14 management , created by Rigo Sanchez on 16/12/2015.
- Author
- Rigo Sanchez
- Language
- English
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