Exam 11: Managing Control and Operations

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The long term is what managers should be most concerned about when it comes to output control.

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The steps in the control process are:

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The control process can be broken down into four steps.Discuss these four steps, as they would apply to an important management situation of your choosing.

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Administering ever harsher discipline should be progressive.

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The process by which managers monitor and regulate the organization in order to determine if the organization is operating efficiently and effectively is known as controlling.

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Compare and contrast the old and new forms of corporate governance.

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

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Given the information below, determine this organization's gross profit margin: Net Sales Revenue $300,000 Cost of Goods Sold $150,000 Net Profit $20,000 Total Assets_$250,00

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In general, the more _________ organizational activities are, the it is for managers to measure outputs or behaviours.

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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 type of control system within an organization that is characterized by shared values and standards of behaviour is known as:

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Top managers in an organizational culture that is innovative are likely to do all of the following, except:

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Control systems help managers adapt to change.

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Output standards refer to the quantity of the service or product the employee is to produce.

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Compare and contrast the ways that managers perform the functions of planning, organizing, leading and controlling when the managers are part of an innovative versus a conservative organizational culture.

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An effective control system:

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

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A goal-setting process in which a manager and his or her subordinates negotiate specific goals and objectives for the subordinate to achieve and then periodically evaluates the extent to which the subordinate is achieving those goals is known as:

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Control systems can allow decentralized decision making and facilitate teamwork.

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When a division manager is told to "maximize the revenues from the sales of goods and services produced," this is an example of:

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