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Which kind of organization is most likely to try to exert too much control?


A) bureaucratic
B) market
C) employee-driven
D) decentralized
E) matrix

F) None of the above
G) C) and D)

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The control process begins with establishing standards.

A) True
B) False

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TQM is a comprehensive approach dedicated to continuous


A) measurement of quantifiable goals and quick corrections.
B) product innovation and organizational learning,over fast cycles.
C) quality improvement,training,and customer satisfaction.
D) customer input into management strategy and decision making.
E) focus on components of service success: tangibles,questions,and margins.

F) C) and D)
G) A) and B)

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Define these terms: financial statement,balance sheet,income statement,and audit.Explain the use of each. Financial statement: a summary of some aspect of an organization's financial status.The information contained in financial statements is essential in helping managers maintain financial control over the organization. Balance sheet: a summary of an organization's overall financial worth (assets and liabilities)at a specific point in time.This document helps managers understand how much their business is worth. Income statement: a summary of an organization's financial results (revenues and expenses)over a specified period of time.This document helps managers determine the profit or loss over the specific period of time.

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Audits:formal verifications of an organi...

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TQM's two core principles are


A) employee commitment and customer satisfaction.
B) financial health and financial stability.
C) management and leadership.
D) people orientation and improvement orientation.
E) radical innovation and continuous improvement.

F) A) and D)
G) D) and E)

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Which of the following is not a principle of Deming management?


A) Quality should be aimed at the needs of the consumer.
B) Companies should determine which workers are to blame for problems.
C) Improved quality leads to increased market share and employment.
D) Quality can be improved on the basis of hard data.
E) Companies should aim at improving the system.

F) A) and B)
G) B) and D)

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A principle of Deming management is that quality should be aimed at meeting the needs and expectations of the ultimate user.

A) True
B) False

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An income statement summarizes an organization's financial results over a specified period of time,such as a quarter or a year.

A) True
B) False

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Unlike the ISO 9000 series,the ISO 14000 series identifies standards for environmental performance.

A) True
B) False

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Which of the following areas of control for organizations exerts informal control?


A) structural
B) human resources
C) informational
D) competitive
E) cultural

F) A) and D)
G) D) and E)

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According to Kaplan and Norton,_______ maps are "visual representations of a company's critical objectives and the crucial relationships among them that drive organizational performance."


A) strategy
B) positioning
C) multidimensional
D) customer
E) graphic interface

F) D) and E)
G) All of the above

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Which of the following is a one of the seven challenges a manager must deal with in the 21st century?


A) sustainability
B) ethical standards
C) economic stagnation
D) globalization
E) diversity

F) B) and D)
G) A) and C)

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Standards are best measured when they are


A) broad.
B) quantifiable.
C) narrow.
D) efficient.
E) ethical.

F) A) and D)
G) C) and E)

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Harbor Casino and Resort requires its casino dealers to have licenses,observes them using closed-circuit TV,and requires detailed reports at the end of each shift.This organization has overcome the control system barrier of


A) too much control.
B) overemphasis on paperwork.
C) overemphasis on means instead of ends.
D) overemphasis on one instead of multiple approaches.
E) too little participation.

F) C) and D)
G) A) and D)

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Which of the following is one of the reasons that control is needed in an organization?


A) to adapt to change and uncertainty
B) to detect opportunities
C) to eliminate the need for teamwork
D) to provide performance feedback
E) to decentralize decision making

F) B) and E)
G) None of the above

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