Exam 11: Managing Control and Operations

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Which of the following terms refers to the quality of the actions which employees take in achieving organizational goals?

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Managers typically use three primary measures to assess the output performance of their organization.Discuss these three types of measures and give one specific example of how a manager would use each of the measures that you select in a situation of your choosing.

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An operating budget is a blueprint that states how managers intend to use organizational resources to achieve organizational goals efficiently.

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Which of the following terms is used to measure the efficiency of production by monitoring and evaluating the actual costs associated with producing goods and services?

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When a division manager is given an operating budget of $2.2 million for the coming year and is evaluated based on the amount of goods that can be produced within that budget,this is called:

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Which of the five "Ps" of the organization's operations focuses on technology and workflow?

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Feedback control measures are useful at the input stage.

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Formal target-setting,monitoring,evaluation,and feedback systems that provide managers with information about how well the organization's strategy and structure are working is known as:

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A thermostat is an example of a control system.

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Corporate governance is the process companies use to be accountable to its stakeholders.

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The first step in the control process is to measure actual results.

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Control that gives managers immediate feedback on how efficiently inputs are being transformed into outputs so that managers can correct problems as they arise is known as:

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The most immediate form of behaviour control is:

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The variety of standards set by managers include all but one of the following:

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The ________ is the most commonly used financial performance measure.

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At the ________ stage of the process of transforming raw materials into finished goods,operations managers typically use ________ control procedures to obtain immediate feedback about how efficiently the raw materials are being transformed into finished goods.

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How can organizational control help managers create a competitive advantage?

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When a division manager is told to "maximize revenue from the sales of goods and services produced," they are being told to take which approach?

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When operations managers screen job applicants by using several interviews to select the most highly skilled people,this is an example of:

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All managers develop a system of output control for their organizations.

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