Pen n Foster - Pr in ciples of
Man agem en t B us 110 Fin al pr octor ed
Exam Pr actice Full Car d Set All
Chapter Exam s Question s an d
an sw er s w ith accur ate
r ation ales(PASSED)
The antilock breaking system is a desired feature that can provide automobiles a
significant competetive edge. However, it isnt used uniformly by every automobile
company. Thus, the techology is best grouped under_________________
technologies - answer key
___________ is the tendency of managers to miss the significance of disruptive
changes because theyre more focused on investing in and making incremental
improvements to their core profitable businesses - answer Innovators Dilemma
The use of rules, regulations, and authority to guide performance is referred to as
_________ control - answer Bureacratic
Which of the following is a responsibility of the chief information officer - answer
Identifying ways that technology can support the companys strategy
A start-up and an established company have entered into a business agreement.
In this arrangement, the established company will provide capital and other
,resources and the start-up will contribute its technological expertise. This method
of acquiring new technology is known as - answer Research Partnership
Ivan, a scientist, invented a method of using solar energy to power electrical
devices. However, the cost of using the method on a large scale was prohibitive.
Hence, his invention wasnt adopted by his target customers, the lack of
__________ was the reason for the failure of his invention. - answer Economic
viability
The _____________ ratio indicates the companys ability to meet its long term
financial obligations. - answer debt-equity
A _________ can occur when performance is good but someone realizes that it
could be better - answer Performance gap
Neil, an entrepreneur and inventor, developed new software to help retail stores
manage their supply chain effectively. He was able to sell his software successfully
to the retail industry. However, certain unscrupulous organizations began
producing cheaper versions of the software. This lowered the popularity of the
original version. Which of the following factors is affected by the knock-offs? -
answer Economic viability
Dave noticed a pattern at the annual budgeting session of his company. Mid-level
managers were asking for unrealistically high budgets, while top management was
attempting to limit budgets under last years actual expenditures. These
management strategies are referred to as - answer Tactical Behaviors
,In return for cooperating with the management in the implementation of a major
organizational change, Bluepool textiles provided an annual bonus to all its
employees. Which of the following methods for managing resistance to change
does this scenario exemplify - answer incentives and rewards
At Wodehouse corp. a rule has been made instructing all assembly workers to
arrive early for their shift so they can put on a specialized gear because the
products are very sensitive to external particles. These products are assembled in
a controlled environment. This requirement reflects __________ control. - answer
Feedforward
________ lays out a framework for the future, and, in this sense, provide a
blueprint for control. - answer Planning
In an effort to decrease the amount of industrial waste generated during
production, Cynthia wanted her company to use a new machine designed by one
of the employees. She felt that the new machine could also bring down the
companys costs. She tried to convince her supervisor and higher authorities to
provide the resources needed to build and install the machine on a large scale.
Cythias role is that of a - answer Product champion
External audits are useful for preliminary control because they - answer can
prevent problems from occurring
Which of the following is the first consideration in developing a strategy around
technological innovation? - answer Market Potential
, __________________ refers to a process by which a product, service, or business
model takes root initially in simple applications at the bottom of a market and
then moves "up market" eventually displacing established competitors. - answer
Disruptive innovation
______ firms adopt an early follower strategy to grab a dominant position more
from their strengths in marketing and manufacturing than from technological
innovation - answer analyzer
___________ control focuses on the use of information about results to correct
deviations from the acceptable standard after they arise - answer Feedback
__________ ratios show the relative amount of funds in the business supplied by
creditors and shareholders - answer Leverage
Frederick Winslow Taylor used the term _______ to identify employees'
tendencies to do as much work as it took to keep their jobs. - answer soldiering
Henri Fayol was the first person to outline the - answer functions of management
Contingencies - answer Factors that determine the appropriateness of managerial
actions are called
Frederick Taylor developed his model of _______ management based on four
principles. - answer scientific
Man agem en t B us 110 Fin al pr octor ed
Exam Pr actice Full Car d Set All
Chapter Exam s Question s an d
an sw er s w ith accur ate
r ation ales(PASSED)
The antilock breaking system is a desired feature that can provide automobiles a
significant competetive edge. However, it isnt used uniformly by every automobile
company. Thus, the techology is best grouped under_________________
technologies - answer key
___________ is the tendency of managers to miss the significance of disruptive
changes because theyre more focused on investing in and making incremental
improvements to their core profitable businesses - answer Innovators Dilemma
The use of rules, regulations, and authority to guide performance is referred to as
_________ control - answer Bureacratic
Which of the following is a responsibility of the chief information officer - answer
Identifying ways that technology can support the companys strategy
A start-up and an established company have entered into a business agreement.
In this arrangement, the established company will provide capital and other
,resources and the start-up will contribute its technological expertise. This method
of acquiring new technology is known as - answer Research Partnership
Ivan, a scientist, invented a method of using solar energy to power electrical
devices. However, the cost of using the method on a large scale was prohibitive.
Hence, his invention wasnt adopted by his target customers, the lack of
__________ was the reason for the failure of his invention. - answer Economic
viability
The _____________ ratio indicates the companys ability to meet its long term
financial obligations. - answer debt-equity
A _________ can occur when performance is good but someone realizes that it
could be better - answer Performance gap
Neil, an entrepreneur and inventor, developed new software to help retail stores
manage their supply chain effectively. He was able to sell his software successfully
to the retail industry. However, certain unscrupulous organizations began
producing cheaper versions of the software. This lowered the popularity of the
original version. Which of the following factors is affected by the knock-offs? -
answer Economic viability
Dave noticed a pattern at the annual budgeting session of his company. Mid-level
managers were asking for unrealistically high budgets, while top management was
attempting to limit budgets under last years actual expenditures. These
management strategies are referred to as - answer Tactical Behaviors
,In return for cooperating with the management in the implementation of a major
organizational change, Bluepool textiles provided an annual bonus to all its
employees. Which of the following methods for managing resistance to change
does this scenario exemplify - answer incentives and rewards
At Wodehouse corp. a rule has been made instructing all assembly workers to
arrive early for their shift so they can put on a specialized gear because the
products are very sensitive to external particles. These products are assembled in
a controlled environment. This requirement reflects __________ control. - answer
Feedforward
________ lays out a framework for the future, and, in this sense, provide a
blueprint for control. - answer Planning
In an effort to decrease the amount of industrial waste generated during
production, Cynthia wanted her company to use a new machine designed by one
of the employees. She felt that the new machine could also bring down the
companys costs. She tried to convince her supervisor and higher authorities to
provide the resources needed to build and install the machine on a large scale.
Cythias role is that of a - answer Product champion
External audits are useful for preliminary control because they - answer can
prevent problems from occurring
Which of the following is the first consideration in developing a strategy around
technological innovation? - answer Market Potential
, __________________ refers to a process by which a product, service, or business
model takes root initially in simple applications at the bottom of a market and
then moves "up market" eventually displacing established competitors. - answer
Disruptive innovation
______ firms adopt an early follower strategy to grab a dominant position more
from their strengths in marketing and manufacturing than from technological
innovation - answer analyzer
___________ control focuses on the use of information about results to correct
deviations from the acceptable standard after they arise - answer Feedback
__________ ratios show the relative amount of funds in the business supplied by
creditors and shareholders - answer Leverage
Frederick Winslow Taylor used the term _______ to identify employees'
tendencies to do as much work as it took to keep their jobs. - answer soldiering
Henri Fayol was the first person to outline the - answer functions of management
Contingencies - answer Factors that determine the appropriateness of managerial
actions are called
Frederick Taylor developed his model of _______ management based on four
principles. - answer scientific
