Question 1

___________________ are what come out of the planning process.

Accepted Answer

The answer of ___________________ are what come out of the...

Question 2

Lisa has identified the amount of paper used in her office as a cost target.Which type of cost target is this?

Accepted Answer

A) product 
B) people 
C) utilities 
D) information 
A) product 
B) people 
C) utilities 
D) information

Question 3

A good way to reduce costs is to increase storage space.
Using space intelligently,such as decreasing storage space,is an effective cost-saving technique.

Accepted Answer

A) True 
 B)False

Question 4

An effective method of belt-tightening is to stop spending on conveniences or improvements.

Accepted Answer

A) True 
 B)False

Question 5

When prioritizing cost targets,it is a good idea to look for the easiest method of cost reduction.

Accepted Answer

A) True 
 B)False

Question 6

In the planning process,after you develop a master plan,your next step is to develop supporting plans.

Accepted Answer

A) True 
 B)False

Question 7

In an effort to save costs,your company has decided to delay the launch of their new advertising campaign.What type of belt-tightening program is this?

Accepted Answer

A) stop spending 
B) find an alternative 
C) postponement 
D) avoidance 
A) stop spending 
B) find an alternative 
C) postponement 
D) avoidance

Question 8

The concept of "continuous improvement" is an effective method of examining costs because ______ .

Accepted Answer

A) it is a method to ensure that production will increase 
B) staff understand that their job could change at any time 
C) costs will be analyzed on an ongoing basis 
D) it ensures that the product will improve over time 
A) it is a method to ensure that production will increase 
B) staff understand that their job could change at any time 
C) costs will be analyzed on an ongoing basis 
D) it ensures that the product will improve over time

Question 9

The overall plan for how the vision will be achieved and the mission fulfilled is called a corporate ______ .

Accepted Answer

A) vision 
B) value 
C) mission statement 
D) strategy 
A) vision 
B) value 
C) mission statement 
D) strategy

Question 10

Jesse wrote the following goal for his training team: "The training team will conduct more training sessions by the end of the quarter." How should he improve the wording of this goal?

Accepted Answer

A) add a time outcome 
B) add specific information to the number of trainings 
C) add a goal that is more relevant to his team 
D) add information that is measureable Jesse could write the goal as,"The training team will conduct eight more training sessions by the end of the quarter." 
A) add a time outcome 
B) add specific information to the number of trainings 
C) add a goal that is more relevant to his team 
D) add information that is measureable Jesse could write the goal as,"The training team will conduct eight more training sessions by the end of the quarter."

Question 11

Employees who are involved in setting goals are more likely to be committed to success in reaching the goal.

Accepted Answer

A) True 
 B)False

Question 12

Goals should be SMART,which stands for ___________________ .

Accepted Answer

Specific,Measurable,

Question 13

Goals should be arranged by easiest to hardest to achieve.
Goals should be arranged by highest to lowest priority.

Accepted Answer

A) True 
 B)False

Question 14

Lorraine believes her company copied forms too often,so she created a goal to implement a policy of electronically scanning forms.What did she do right in her goal setting?

Accepted Answer

A) identified an area for improvement 
B) consulted with others 
C) watched out for limitations 
D) assessed the strengths and weaknesses of her department 
A) identified an area for improvement 
B) consulted with others 
C) watched out for limitations 
D) assessed the strengths and weaknesses of her department

Question 15

A good way to evaluate your plan is to ask questions related to the question stems who,what,when,where,why,and how.

Accepted Answer

A) True 
 B)False

Question 16

Reducing the cost or usage of power,water,or fuel is reducing the ___________________ costs.

Accepted Answer

The answer of Reducing the cost or usage of power,water,or...

Question 17

A dramatic look at what an entire organization might be like at a distant point in the future is called a corporate ______.

Accepted Answer

A) vision 
B) value 
C) mission statement 
D) strategy 
A) vision 
B) value 
C) mission statement 
D) strategy

Question 18

Vernon's supervisor has just implemented a high priority plan to develop a new line of soap products.The project will be completed within three months.What type of plan is this?

Accepted Answer

A) long-range standing plan 
B) short-range standing plan 
C) long-range single-use plan 
D) short-range single-use plan 
A) long-range standing plan 
B) short-range standing plan 
C) long-range single-use plan 
D) short-range single-use plan

Question 19

What is the best way to communicate a cost reduction plan to employees?

Accepted Answer

A) explain how employees will benefit from the change 
B) send an email 
C) explain how the change will increase management bonuses 
D) require new reports to ensure all employees are adhering to the new policy 
A) explain how employees will benefit from the change 
B) send an email 
C) explain how the change will increase management bonuses 
D) require new reports to ensure all employees are adhering to the new policy

Question 20

Continuous Improvement is a process of evaluating costs annually.
Continuous Improvement refers to a process of constant cost analysis.

Accepted Answer

A) True 
 B)False

___________________ are what come out of the planning process.

Lisa has identified the amount of paper used in her office as a cost target.Which type of cost target is this?

A good way to reduce costs is to increase storage space. Using space intelligently,such as decreasing storage space,is an effective cost-saving technique.

An effective method of belt-tightening is to stop spending on conveniences or improvements.

When prioritizing cost targets,it is a good idea to look for the easiest method of cost reduction.

In the planning process,after you develop a master plan,your next step is to develop supporting plans.

In an effort to save costs,your company has decided to delay the launch of their new advertising campaign.What type of belt-tightening program is this?

The concept of "continuous improvement" is an effective method of examining costs because ______ .

The overall plan for how the vision will be achieved and the mission fulfilled is called a corporate ______ .

Jesse wrote the following goal for his training team: "The training team will conduct more training sessions by the end of the quarter." How should he improve the wording of this goal?

Employees who are involved in setting goals are more likely to be committed to success in reaching the goal.

Goals should be SMART,which stands for ___________________ .

Goals should be arranged by easiest to hardest to achieve. Goals should be arranged by highest to lowest priority.

Lorraine believes her company copied forms too often,so she created a goal to implement a policy of electronically scanning forms.What did she do right in her goal setting?

A good way to evaluate your plan is to ask questions related to the question stems who,what,when,where,why,and how.

Reducing the cost or usage of power,water,or fuel is reducing the ___________________ costs.

A dramatic look at what an entire organization might be like at a distant point in the future is called a corporate ______.

Vernon's supervisor has just implemented a high priority plan to develop a new line of soap products.The project will be completed within three months.What type of plan is this?

What is the best way to communicate a cost reduction plan to employees?

Continuous Improvement is a process of evaluating costs annually. Continuous Improvement refers to a process of constant cost analysis.

The Supervisors Role in Creating a Positive Workplace

Problem Solving and Managing Information

Organizing an Effective Department

Staffing With Human Resources

Training and Developing Employees

Leadership Skills, styles, and Qualities

Effective Employee Communication

Understanding and Motivating People at Work

Counseling and Performance Management

Control: Monitoring and Improving Results

Appraising Employee Performance

Managing Groups, building Teams, and Resolving Conflicts

Managing a Diverse Workforce

The Supervisors Role in Employee Safety and Health, and Labor Relations

Filters

Exam 2: Setting Goals, making Plans, and Improving Costs

___________________ are what come out of the planning process.

Lisa has identified the amount of paper used in her office as a cost target.Which type of cost target is this?

A good way to reduce costs is to increase storage space. Using space intelligently,such as decreasing storage space,is an effective cost-saving technique.

An effective method of belt-tightening is to stop spending on conveniences or improvements.

When prioritizing cost targets,it is a good idea to look for the easiest method of cost reduction.

In the planning process,after you develop a master plan,your next step is to develop supporting plans.

In an effort to save costs,your company has decided to delay the launch of their new advertising campaign.What type of belt-tightening program is this?

The concept of "continuous improvement" is an effective method of examining costs because ______ .

The overall plan for how the vision will be achieved and the mission fulfilled is called a corporate ______ .

Jesse wrote the following goal for his training team: "The training team will conduct more training sessions by the end of the quarter." How should he improve the wording of this goal?

Employees who are involved in setting goals are more likely to be committed to success in reaching the goal.

Goals should be SMART,which stands for ___________________ .

Goals should be arranged by easiest to hardest to achieve. Goals should be arranged by highest to lowest priority.

Lorraine believes her company copied forms too often,so she created a goal to implement a policy of electronically scanning forms.What did she do right in her goal setting?

A good way to evaluate your plan is to ask questions related to the question stems who,what,when,where,why,and how.

Reducing the cost or usage of power,water,or fuel is reducing the ___________________ costs.

A dramatic look at what an entire organization might be like at a distant point in the future is called a corporate ______.

Vernon's supervisor has just implemented a high priority plan to develop a new line of soap products.The project will be completed within three months.What type of plan is this?

What is the best way to communicate a cost reduction plan to employees?

Continuous Improvement is a process of evaluating costs annually. Continuous Improvement refers to a process of constant cost analysis.

The Supervisors Role in Creating a Positive Workplace

Problem Solving and Managing Information

Organizing an Effective Department

Staffing With Human Resources

Training and Developing Employees

Leadership Skills, styles, and Qualities

Effective Employee Communication

Understanding and Motivating People at Work

Counseling and Performance Management

Control: Monitoring and Improving Results

Appraising Employee Performance

Managing Groups, building Teams, and Resolving Conflicts

Managing a Diverse Workforce

The Supervisors Role in Employee Safety and Health, and Labor Relations

Filters