intro to business chapter(6-10) – Flashcards
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coordinating people and the other resources of an organization to achieve the goals of the organization is the process of
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management
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an organizations most important resource is its ____resource
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human
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revenues, proceed from stocks sales and loans from banks are ___ resources for sears
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financial
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a SWOT analysis is an identification and evaluation of a firms strengths, weakness ____, and threats
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opportunities
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An outline of the actions an organization intends to take to accomplish its goals and objectives is called its
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plan
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a plan that outlines alternatives courses of action is called an ______ plan.
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contingency
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leadership can be best be define as the ability to
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influence others
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a manager who has the abilities to relate to people , understand their needs and show compassion has _____ skills.
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people
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vince martin has been describe as a visionary. He has the ability to think in abstract terms and see how all the pieces of his company fit together . Vince has _____ skills.
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...
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As Shelly Jones ,manager of sears ,hands out customer questionnaires to get a better idea of customer needs as well as their concern she is exercising which facet of total quality management
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...
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All of the following are reasons for a greater focus on quality by U.S firms except
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Unpredictability on wall street
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An organization chart reveals
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The company's organizational structure
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Distinguishing between positions with direct authority and those that are support positions establishes an organizations
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Chain of command
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In a furniture factory, one worker cuts the wood according to the design,another glues the furniture together and another stains and finishes the furniture. This I'd an example of
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Job specialization
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Location,product,function and customers are common bases for a firms
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Departmentalization
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A common characteristic of a centralized organization is
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Decision making by a few top level managers
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Which of the following is most characteristic of a line structure in an organization?
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Quick decision making and direct accountability
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An analyst in the coporate finance department at chase Manhattan bank has been assigned to an interdeparmental project involving a major client . He must report to two different supervisors the project manager and the manager of his department. This of organization structure is called a _____ structure
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Matrix structure
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All the activities engage in to produce goods and services are called operational management
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True
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The process of managing inventories to minimize both holding cost and potential stock out cost is called inventory control
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True
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Material that will become part of a product during the conversion process are called raw material
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True
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Quality control is the process of insuring that materials ate at the right place at the right time
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False
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When compared to total quality management six sigma often has more top level support more training for employees and more team work
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True
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Robots are especially effective in carrying out creative task and assignment
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False
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When firms use inspections to monitor quality ,only the finished product is examine for defects or potential problem
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False
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Jennifer is a manager at circuit manufacturing plant. A portion of the production process is extremely tedious and repetitive and employees tend to become bored and careless when performing this task . What alternative could make this repetitive task quicker and less susceptible to error
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Robotics
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Which of the following statement is false
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For most businesses,quality cost to much money
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Deborah works for north top Grumman corporation . She is assigned to a group of employees who work on solving quality issues the company is facing. Deborah participates in an
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Quality circle
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Another name for human resources management is ____ management
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Personnel management.
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At a large book publishing company like cenage,we could expect human resource management to be handle by ____. At a small local print shop human resource management would probably be____
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The personnel manager;the responsibility of the owner
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Two useful tools for estimating the supply of needed human resource are the
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Replacement chart and skill charts
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Workplace diversity to the difference among people in a workplace due to
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Race ethnicity and gender
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All of the following are sources of external recruiting except
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Promotion of a current employee
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Sally wants to impress prospective employers with a summery of her background and qualifications for a management position . Her father,who is a business person suggest sending a
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Resume
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The interview is a part of
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Selection
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Suppose your state has enacted a law that demands equal compensation for jobs requiring about the same level of education training and skills . This concept is called
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Comparable worth
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Wanda zarky is paid specific amount of money for work during a set Calendar period regardless of the actual number of hours worked . This money is called
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Salary
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The president oft the United states establishes the requirement for a affirmative action in human resources practices am among
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All employees with fifty of more employees holding federal contracts in excess of 50,000
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An employee attitude his or her job,supervisor and the firm itself is termed
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Morale
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The reinforcement theory says that people age motivated
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By receiving rewards or punishment based on their behavior
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A motivation tool that attempts to provide workers with more tasks and more control over these task is
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Job enrichment
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Employee ownership is situation in which
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Employees own shares of stock in the company
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Two or more workers functioning together to achieve a common goal or purpose is called a
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Team
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According to the hierarchy of needs concept ,people satisfy their needs in order of importance
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True
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Employee participation in decision making is frequently cited as a motivation boosting technique
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True
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A growing number of companies are organizing their workforces into teams
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True
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Virtual teams are unassigned teams of friends within an organization
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False
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Goal setting theory suggest that employees ate more likely to experience a high degree of motivation when management assigns a series of specific goals for the employees to achieve
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...
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In providing health insurance for its employees IBM is probably satisfying which level of need?
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Safety
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The hierarchy of human needs was developed by
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Maslow