Exam 2

Descripción

difficult Intro to Business Test sobre Exam 2, creado por Brittany Santiago el 22/03/2016.
Brittany Santiago
Test por Brittany Santiago, actualizado hace más de 1 año
Brittany Santiago
Creado por Brittany Santiago hace alrededor de 8 años
83
2

Resumen del Recurso

Pregunta 1

Pregunta
The four functions of management are planning, leading, organizing, and controlling.
Respuesta
  • True
  • False

Pregunta 2

Pregunta
To achieve successful goals of management includes people, money, and time.
Respuesta
  • True
  • False

Pregunta 3

Pregunta
Managers who report to higher-level managers but are supervisors to lower-level managers are considered to be first-line managers.
Respuesta
  • True
  • False

Pregunta 4

Pregunta
Another name for first-line managers is supervisory.
Respuesta
  • True
  • False

Pregunta 5

Pregunta
Determining an organizational goal and action plan for achieving those goals is called organizing.
Respuesta
  • True
  • False

Pregunta 6

Pregunta
Monitoring performance and making adjustments as needed is the role of controlling.
Respuesta
  • True
  • False

Pregunta 7

Pregunta
Required skills for managers would include: (check all of the following)
Respuesta
  • Communication skills
  • Technical skills
  • Conceptual skills
  • Human skills
  • Operational skills
  • Organizational skills

Pregunta 8

Pregunta
The need to feel secure, free of harm, and free of fear is the need for safety.
Respuesta
  • True
  • False

Pregunta 9

Pregunta
List in order from easiest to fulfill to the most difficult to fulfill in Maslow's Needs.
Respuesta
  • physiological, social, esteem, safety, self-actualization
  • social, physiological, esteem, safety, self-actualization
  • Safety, physiological, esteem, social, self-actualization
  • physiological, safety, social, esteem, self-actualization

Pregunta 10

Pregunta
Establishes a vision for the company is the job of tactical planning.
Respuesta
  • True
  • False

Pregunta 11

Pregunta
The relationship among individual effort, individual performance, and individual reward is the equity theory.
Respuesta
  • True
  • False

Pregunta 12

Pregunta
For unexpected events, involving a range of scenarios and assumptions that differ from the assumptions behind the core plans are a part of Contingency Planning.
Respuesta
  • True
  • False

Pregunta 13

Pregunta
The SWOT analysis helps managers evaluate an organization by external strengths and weaknesses, and internal opportunities and threats.
Respuesta
  • True
  • False

Pregunta 14

Pregunta
Bringing specialists to different areas of the company to work on specific tasks or individual projects temporarily is called Line-and-Staff organization.
Respuesta
  • True
  • False

Pregunta 15

Pregunta
Set objectives for followers but give them freedom to do what they need to accomplish is called
Respuesta
  • democratic leaders
  • free-rein leaders
  • autocratic leaders

Pregunta 16

Pregunta
To encourage American firms to focus on quality improvement is ISO9000.
Respuesta
  • True
  • False

Pregunta 17

Pregunta
Funds a firm uses to acquire its assets and finance its operations is called?
Respuesta
  • Finance
  • Financial Capital
  • Risk-return Tradeoff
  • Financial Management

Pregunta 18

Pregunta
What are short-term financing sources? (Check all that apply)
Respuesta
  • Returned Investment
  • Commercial Paper
  • Factor
  • Capital Structure
  • Trade-Credit

Pregunta 19

Pregunta
Mix of equity and debt financing a firm's uses to meet its permanent financing needs is called Financial Leverage.
Respuesta
  • True
  • False

Pregunta 20

Pregunta
A budgeted income statement is a projection showing how a firm's budgeted [blank_start]sales[blank_end] and [blank_start]costs[blank_end] will affect expected net income.
Respuesta
  • sales
  • assests
  • owner's equity
  • costs

Pregunta 21

Pregunta
Ability of a firm to obtain the cash it needs to pay short-term debt
Respuesta
  • Asset management ratios
  • Leverage ratios
  • Profitability ratios
  • Liquidity ratios

Pregunta 22

Pregunta
Employees who do not expect normal, full-time hours are called contingent workers.
Respuesta
  • True
  • False

Pregunta 23

Pregunta
Verifies the financial statements of a firm, prepared by an external auditor are management reports
Respuesta
  • True
  • False

Pregunta 24

Pregunta
Protects creditors by preventing the borrower from pursuing policies that might undermine its ability to repay loans
Respuesta
  • Commercial paper
  • Covenants
  • Trade credit
  • Money Market Mutual Fund

Pregunta 25

Pregunta
Specific and measurable, realistic but challenging, tied to a time frame
Respuesta
  • Noise
  • Decentralization
  • Clear Standards
  • Task Significance

Pregunta 26

Pregunta
Examples of Fixed Position Layout
Respuesta
  • Drilling and cranes
  • Trucks and ports
  • Nike Outlet
  • Office

Pregunta 27

Pregunta
Telecommunting...
Respuesta
  • Reduces the number of employees
  • Benefits the fixed cost for company
  • Decreases cost savings for employees
  • Increases cost savings for employees

Pregunta 28

Pregunta
Protect employees from unfair treatment by employers
Respuesta
  • Employment Legislation
  • Human Resources
  • GAAP
  • Commision
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