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chapter 14 management

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associates Business Management Quiz on chapter 14 management , created by Rigo Sanchez on 16/12/2015.
Rigo Sanchez
Quiz by Rigo Sanchez, updated more than 1 year ago
Rigo Sanchez
Created by Rigo Sanchez over 8 years ago
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Resource summary

Question 1

Question
the use of rules, regulations, and authority to guide performance
Answer
  • bureaucratic control
  • market control
  • clan control
  • standard

Question 2

Question
control based on the use of pricing mechanisms and economic information to regulate activities within organizations
Answer
  • market control
  • bureaucratic control
  • clan control
  • standard

Question 3

Question
expected 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
Answer
  • standard
  • principled of exception
  • bureaucratic
  • market control

Question 4

Question
a managerial principled stating that control is enhanced by concentrating on the exceptions to or significant deviations from the expected result or standard
Answer
  • principled of exception
  • standard
  • market control
  • feedback control

Question 5

Question
the control process used before operations begin, including policies, procedures, and rules designed to ensure that planned activities are carried out properly
Answer
  • feedforward control
  • concurrent control
  • feedback control
  • communication

Question 6

Question
the control process used while plans are being carried out, including directing, monitoring, and fine tuning activities as they are performed
Answer
  • concurrent control
  • feedback control
  • feedforward control
  • communication

Question 7

Question
control that focuses on the use of information about previous results to correct deviations from the acceptable standard
Answer
  • feedback control
  • concurrent control
  • feedforward control
  • communication

Question 8

Question
an evaluation of the effectiveness and efficiency go various systems within an organization
Answer
  • management audit
  • external audit
  • internal audit
  • concurrent control

Question 9

Question
an evaluation conducted by one organization, such as a spa from, on another
Answer
  • external audit
  • internal audit
  • management audit
  • feedback control

Question 10

Question
a periodic assessment of a company owning planning, organizing, leading, and controlling processes
Answer
  • internal audit
  • external audit
  • management audit
  • feedback control

Question 11

Question
the 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
Answer
  • budgeting
  • accounting audits
  • activity based costing
  • internal audits

Question 12

Question
procedures used to verify accounting reports and statements
Answer
  • accounting audits
  • activity based costing
  • budgeting
  • internal audits

Question 13

Question
a 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
Answer
  • activity based costing
  • accounting audits
  • budgeting
  • internal audits

Question 14

Question
a report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders equity
Answer
  • balance sheet
  • assets
  • liabilities
  • stockholders equity

Question 15

Question
the values of the various items the corporations owns
Answer
  • assets
  • liabilities
  • balance sheet
  • profit and loss statement

Question 16

Question
the amounts a corporation owes to various creditors
Answer
  • liabilities
  • assets
  • balance sheets
  • stockholders equity

Question 17

Question
an itemized financial stamens of the income and expenses of a company operation
Answer
  • profit and loss statement
  • stockholders equity
  • assets
  • balance sheet

Question 18

Question
a liquify ratio that indicated the extent to which short term assets can decline and still be adequate to pay short term liabilities
Answer
  • current ratio
  • debt equity ratio
  • return on investment
  • management myopia

Question 19

Question
a leverage ratio that indicates the company ability to meet its long term financial obligations
Answer
  • debt equity ratio
  • return on investment
  • current ratio
  • management myopia

Question 20

Question
a ratio of profit to capital used, or a rate of return from capital
Answer
  • return on investment
  • manage myopia
  • current ratio
  • debt equity ratio

Question 21

Question
focusing on short term earnings and profits at the expenses of longer term strategic obligations
Answer
  • management myopia
  • return n investment
  • debt equity ratio
  • current ratio

Question 22

Question
control system combining for sets of performance measure, financial, customer, business process, and learning and growth
Answer
  • balanced scorecard
  • current ratio
  • return equity ratio
  • return on investment

Question 23

Question
price charged by one unit for a good or service provided to another unit within the organization
Answer
  • transfer price
  • balanced scorecard
  • current ratio
  • management myopia

Question 24

Question
any process that directs the activities of individuals toward the achievement of organizational goals
Answer
  • control
  • clan control
  • market control
  • bureaucratic control
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