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MGT 301
Chapter 16 Quiz
| Question | Answer |
|---|---|
| Current assets, fixed assets, and liabilities are all part of an organization's _____. | balance sheet |
| Which balanced scorecard perspective helps top management's judgment to be better linked to measures of employee actions at lower levels? | internal business perspective |
| Which of the following is not a purpose of a manager? | increase globalization |
| Which of the following is an example of an informational resource control? | a competition analysis |
| Techniques for improving quality include all of the following except _____. | market share |
| At UPS, delivery ______ vary according to whether a route is urban, suburban, or rural in nature. | standards |
| ROI is a(n) _____. | return ratio |
| Which of the following is not a financial control? | RATER |
| Which of the following is not one of the reasons that control is needed in an organization? | to eliminate the need for teamwork |
| One characteristic of incremental budgeting is that it _____. | locks managers into stable spending arrangements |
| All of the following are reasons why performance falls significantly short of the standard except _____. | unawareness of performance drop |
| Profits or losses incurred by an organization are represented in its _____. | income statement |
| Michele manages employees at Maui Tours and Lodging. She has noticed that one of her employees submits via the computer system ... , knowing that performance is evaluated on the number of suggestions only. This problem is typical of ______ control. | bureaucratic |
| Kim, a customer service manager, tracks monthly complaints and has been trying over the past six months to reduce complaints to less than 0.2% through additional training for her staff. She is engaged in _____. | controlling |
| Which of the following may be done as corrective action in the control process? | evaluate performance and take action |
| Britta is trying to measure her salon's productivity during the first quarter. For this period, she should divide _______ by the costs of her staff, loans, materials and utility bills. | the total salon services and products sold |
| Examining how the organization looks to shareholders is part of which of the balanced scorecard perspectives? | financial perspective |
| Which of the following is not characteristic of an external audit? | primarily used when management suspects embezzlement |
| Managers can increase overall productivity by increasing the efficiency of all the following except _____. | goals |
| Productivity equals _____. | goods and services produced, divided by labor, capital, energy, and materials |