Exam 19: Emerging Management Practices

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Disclosing detailed financial information to all employees is a characteristic of

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A

Data mining employs statistical techniques to uncover answers to issues about business operations.

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True

ERP stands for

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C

Firms that are downsizing should engage in other innovative practices to improve efficiency.

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In a pollution prevention system, managers produce the pollutant, and then clean it up.

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In an ERP system, data is decentralized among an organization's divisions.

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____ is (are) a strategy for dealing with environmental effects.

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To make game playing successful, the employees must be able to

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Downsizing has no effect on materials and labor inputs used to produce outputs.

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In an open-book management setting, financial information is often shared with employees who have little knowledge of accounting concepts.

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Any management action that reduces employment opportunities upon restructuring is known as ____________________.

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If a strategic alliance is to function effectively, all parties involved must feel that they are being fairly treated.

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EMS stands for

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Define an environmental management system (EMS).

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Top management personnel are the key players in open-book management.

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Define business process reengineering (BPR).

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____ is a characteristic of a company that is best suited for open-book management.

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Define a strategic alliance.

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One method to improve the effectiveness of open-book management is through game playing.

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Open-book management is most effective in decentralized organizations.

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