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45 Cards in this Set

  • Front
  • Back

after objectives and standards are set, what step comes next in the control process?

measure results

wwhen a soccer coach tell her players at the end of a losing game, "you did well in staying with our game plan," she is using a/an ______ as a measure of performance.

input standard

when an automobile manufacturer is careful to purchase only the highest quality components for use in products, this is an exmaple of an attempt to ensure high performance through ________ control.

feedforward

management by exception means ___________

focusing attention where the need for action is greatest

a total quality management program is most likely to be associated with _____________.

continuous improvement

the ___________ chart graphically displays the scheduling of tasks required to complete the project.

gantt

when MBO is done right, who does the review of a team members performance accomplishments?

both the team member and team leader

a good performance objective is written in such a way that it

can be easily measured

a team leader is not living up to the concept of MBO if he or she

sets performance objectives for individual team members

if an org's top management establishes a target of increasing new hires of minority and female candidates by 15% in the next 6 months, this is an exmaple of a/an __________ standard from control purposes

output

when a supervisor works alongside an employee and corrects him or her immiediately when a mistake is made, this is an exmaple of _________ control

concurrent

when one team member advises another team member that "your behavior is crossing the line in terms of our expectations for workplace civility" she is exercising a form of ________ control over the other person's inappropriate behaviors

clan

in CPM/PERT, "CPM" stands for

critical path method

in CPM/PERT analysis, the focus is on _________ and the event _________- that link them together with the finished product

activities; sequences

among the financial ratios often used for control purposes, current assets/current liabilities is known as the

current ratio

which is the best question to ask to start the strategic management process?

"what is our mission?"



the ability of a business firm to consistently outperform its rivals is called

competitive advantage

general electric is a complex congolmerate that owns many firms operating in very different industries. the strategies pursued for each individual firm within GE umbrella would best be called ________ level strategies

business

an org that is downsizing by cutting staff to reduce costs can be described as pursuing a _________strategy

retrenchment

when you buy music downloads online, the firm selling them to you is engaging in which type of e-business strategy?

B2C

the alliances that link firms in supply chain management relationships are examples of how businesses can use ____________ strategies

cooperation

among the global strategies that international businesses might pursue, the _________ strategy most directly tries to customize products to fit local needs and cultures in different countries.

multidomestic

if google's top management were to announce that the firm was going to by federal express, this would be a strategy of growth by __________-.

diversification

___________ are special strengths that an org has or does exceptionally well and that help it outperform competitors

core competencies

a ___________ in the BCG Matrix would have a high market share in a low growth market.

cash cow

in porters five force model, which of the following conditions is most favorable from the standpoint of industry attractiveness?

low bargaining power of suppliers

the two questions porter asks to identitfy the correct competitive strategy for a business or product are :1- what is the market scope? 2- what is the _____________?



source of competitive advantage

when coke and pepsi spend millions on ads trying to convince customers that their products are unique, they are pursuing what porter calls a ___________ strategy

differentiation

a firm that wants to compete with rivals by selling a very low priced product in a broad marker would need to successfully implement a ____________ strategy.

cost leadership

in addition to focusing on strategy implementation and strategic control, the responsibility for strategic leadership of an org involves success with ____________-

the process of continuous change

the main purpose of organizing as a management function is to ____________.

arrange people and resources to accomplish work

an org chart is most useful for

showing designated surpervisory relationships

rumors and resistance to change are potential disadvantages often associated with _________.

informal structures

when an org chart shows that vice presidents of marketing, finance, manufacturing, and purchasing all report to the president, top management is using a _________ structure.

functional

the "two-boss" system of reporting relationships is both a potential source of problems and one of the key aspects of _________ structures.

matrix

ta manufacturing business with a functional structure has recently acquired two other businesses with very different product lines. the president of the combined company might consider using a __________ structure to allow a better focus on the unique needs of each product area.

divisional

an org using a __________ structure should expect that more problems will be solved at lower levels and that top managers will have more time free to engage in strategic thinking.

matrix

the functional chimneys problem occurs when people in different functions ____________.

fail to communicate with one another

an org that employs just a few "core" or essential full time employees and outsources a lot of the remaining work shows signs of using a ____________ structure/

network

a "tall" org will likely have ________ spans of control than a "flat" org with the same number of members.

narrower

if a student in one of your course groups volunteers to gather info for a case analysis and rhe other members tell him to go ahead and choose the info sources he believes are most important, the group is giving this student __________ to fulfill the agreed-upon task

authority

the bureaucratic org described by max weber is similar to the __________ org described by burns and stalker.

mechanistic

which org design would likely be a good fit for a dynamic and changing external environment?

organic

workers following a compressed workweek schedule often work 40 hours in ________ days.

4

which alternative work schedule is identified by working mother magazine as being used by all companies on its list of "100 best employers for working moms"

flexible hours