chapter 3 ; 4 – Flashcards

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The second step of the Spendolini Benchmarking Model is
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None of the above-Forming a team of knowledgeable individuals to work on the benchmarking project
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The first three stages of the formal planning process are
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Situational analysis, generation of alternative goals and plans, evaluation of goals and plans
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The components of the internal control process
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Control environment, risk assessment, control activities, information monitoring, communication monitoring
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The third step in the MBO process is
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Objectively viewing the goals previously set
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Which of the following is NOT included in an organizational chart?
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Organizational goals and policies
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Internal controls
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Can be classified as preventative or detective; Are used to identify an error or irregularity
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The ____ is the reason that an organization exists.
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Mission statements
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Strategic plans that are mad at mid-level of an organization are
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Tactical plans
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Formal discipline can include
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Reprimand, suspension, termination
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_____ Define subordinate assignments and provide direction but they rely heavily training and seek to pass their knowledge and skill on to the subordinate.
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Selling leaders
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Task structure can be either strong or weak and measures the degree to which tasks, procedures and goals are clear and unambiguous.
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False
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People-oriented leaders
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Focus on employee satisfaction
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The three different aspects of leadership are
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the person, the position, the process
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When does an organization favor the leader-centered methods of decision making?
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There is little time to make a decision
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_____ power is found inherent to a position.
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Legitimate power
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_____ is the belief that an employee will comply in exchange for rewards controlled by the supervisor.
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Reward power
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According the Path-Goal theory, _____ leadership involved subordinates in the decision-making process where information is freely exchanged between the two.
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Participative
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Which of the following is one of the five concepts that organizations must consider and accept in order to achieve greatness?
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Confront the Brutal Facts
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Situational Analysis
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Evaluating the current condition of an organization and its capabilities to determine future plans.
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Divisional Structure
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An organizational structure where employees are grouped according to the product or service they produce.
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Team
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A small number of people who have complementary skills committed to a common purpose, or performance goals.
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Strategic Vision
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The overarching goal of an organization used to guide management.
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Goal of Planning
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Anticipating as many future events as possible to formulate a course of action.
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Mission Statement
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A formal statement expressing the purpose of the organization
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Vision Statement
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A picture of an organization's future that works to build commitment of the organization's goals.
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Conglomerate Diversification
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The adding of new products or business unrelated to any of the organization's products, markets, or business.
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Concentric Diversification
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The adding of new products or business that produce similar products/services to the organization's current products or business.
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Tactical Plans
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Made at the mid-level of an organization as a foundation for operational plans.
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Policy
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Outlines actions to be taken in certain events listing what is acceptable and not acceptable in the workplace.
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Procedure
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Steps that employees take to ensure the the successful completion of a task.
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Rules
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Outline the steps that employees are to take in performing their job.
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Benchmarking
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The process where an organization compares its performance against its competitors and high performing organizations.
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Backward Integration
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When a company acquires a company that supplies products used in production.
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Scenario Planning
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The awareness of potential risks and developing plans for possible future conditions.
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Control Process
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Gives managers the tools needed to effectively monitor progress towards an objective
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Control Activities
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Actions that are taken to address risk affecting an organization's ability to achieve its objectives
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Network Structure
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A central organization that works together with assorted independent companies.
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Span of Control
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The number of workers who report directly to a supervisor or manager.
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Breakeven Analysis
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The point at which total sales revenues equal total costs.
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Ratios
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Utilized to analyze trends and determine an organization's financial numbers over a period of time.
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Operations Managements
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The efficient transformation of an organization's input in to the output of a product or service.
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Democratic
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Makes decisions after having gathering input from subordinates.
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Supportive Leadership
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Involves the creation of pleasant working environment by forecasting the needs of subordinates.
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Level 5 Leadership
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Leaders who operate at the level of greatness and want their organization continue to be successful after they have gone
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Relationship Behavior
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When a leader engages in two-way communication by providing socio-emotional support.
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Participating Leaders
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Facilitating and establish overall direction, but allow subordinated to conduct daily operations.
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Autocratic
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Employs a domineering approach to leadership.
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Position Power
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The ability of a leader to dispense rewards and punishment.
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Trait Theories
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Assume that individuals are born with traits that are suited to leadership.
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Task Behavior
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When a leader engages in one-way communication by explaining what each follower is to do, and when, where, and how tasks are to be accomplished.
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Telling Leaders
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Closely supervise and direct subordinates.
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Selling Leaders
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Define subordinate assignments and provide direction but reply heavily on training.
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Task Characteristics
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Include regulatory of tasks and the availability of feedback
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Hedgehog Concept
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When a leader focuses on what the organization does best instead of the organization.
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Robert Greenleaf
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Proposed the theory of Servant Leadership.
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Contingency Models of Leadership
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How a leader's traits and behaviors within a given situation would impact leadership effectiveness
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Steven Covey
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Proposed the theory of Principle-Centered leadership.
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Directive Leadership
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The establishment of specific objectives and clear rules including detailed job assignments, providing comprehensive training, and creating well-defined operational structure.
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Situational Theory
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Based on the premise that a leader should have the ability to adapt different leadership styles to different leadership styles.
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Organizational Characteristics
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Include clear, concise plans and formal rules and procedures.
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Task Structure
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Measures the degree to which tasks, procedures, and goals are clear and unambiguous.
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Delegating Style of Leadership
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Is most appropriately applied when subordinates are highly mature in task competence and commitment.
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The goal of planning is to
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Increase revenues; Satisfy owner requirements; Successfully formulate course of action
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Effective planning will help an organization
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Save time
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Concerning effective planning, it can be said that failing to organize is planning to fail.
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False ???? organize should be plan
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Which of the following is NOT a step in the basic planning process?
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Incorporating only known variables into the plan
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Efficiency and effectiveness are incompatible goals that have a specified beginning and ending.
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False
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The process by which an organization compares its performance against not only its competitors but also other high performing organizations is referred to as
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Benchmarking
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Concentration, vertical integration, conglomerate diversification, and concentric diversification are all types of
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Strategy Formulation
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When a company adds new products or business that are unrelated to any of the organization's products, markets, or business, the organization is employing
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Conglomerate diversification
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Which of the following does NOT describe a well written policy? Complete, Objective, Subjective, Coherent
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Subjective
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Bring in outside assessors, evaluating the team, performing risk analysis and implementing an early warning system are all steps that a _manager would need to take.
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Project
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Which of the following is true of Scenario planning?
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It is particularly useful for an organization attempting to mitigate risks in certain ventures.
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Which of the following is NOT one of the five lessons managers should apply to better understand and control risk?
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Create a culture that insists on facing uncertainty
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Which of the following is involved in inventory management?
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Forecasting and replenishment activities
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When an organization organizes employees by comparable duties, the organization is said to have a
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Functional Structure
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All of the following are advantages of a Matrix structure except
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Members bring different areas of expertise; The creation of synergy among members
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A central organization that works together with assorted independent companies as if they were a single operation is a
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Network structure
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Traditional organizational structures include
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Matrix, divisional, functional
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Which of the following is the major disadvantage of a Functional structure?
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None of the above
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In a highly centralized organization
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Decisions involving the utilization of all resources are made at the upper managerial levels
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Which of the following characterizes a leader?
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None of the above
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Which of the following characterizes a manager?
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Administers
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Which type of leadership style results in subordinates exhibiting negative attitudes and lower performance because the leader has dissociated themselves from the subordinates?
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Laissez-faire
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Which type of leadership is most likely related to McGregor's Theory X?
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Autocratic
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Which of the following is NOT a trait necessarily associated with successful leaders?
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Resilience
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Behavior theories only reflect the tendencies of a leader; they do not account for external influences.
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True
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The _ studied the characteristics of a leader and the situation in which they were leading.
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Fiedler's contingency model
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Which of the following is NOT one of the three situational characteristics defined by Fiedler?
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Leader-organization relations
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The key to _ leadership is to put the leader's style in situations where the style is the most effective.
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Contingency
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Which leadership model states that leadership style is affected on task behavior and relationship behavior?
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Hersey-Blanchard Situational Leadership Model
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The ability and willingness of a person to take responsibility for directing their own actions in relation to a specific task is known as
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readiness
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According to Path-Goal theory, substitutes for leadership include all of the following EXCEPT
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Government relations
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According to the Vroom-Jago Model of decision making, which of the following is NOT a decision-making option?
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Democratic
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The transactional leadership method proves to be the more dynamic approach to leadership with a focus on individuals within the organization
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False
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A common trait of the transformational leader is
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Charisma
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According to Vroom-Jago's leadership theory, success is built upon the principles of character, competence, and trust.
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False
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The four levels of Principle-centered leadership are
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Personal, interpersonal, managerial, oranizational
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According to Covey, which of the following is NOT considered a characteristic of principle-centered leaders?
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Process-oriented
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The three steps in the change process decribed by Kurt Lewin are
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Unfreezing, change, refreezing
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Which of the following was one of John Kotter's eight steps leading to organizational change?
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Create a guiding coalition
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An organization's code of ethics should
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Appoint a compliance officer
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