Exam 19: Managing Quality and Performance

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Kendra is a manager at George's Goodies.On a regular basis Kendra and her subordinates set individual and organizational goals.This process is similar to which component of the control model?

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Heather belongs to an informal group at work that meets twice a month to discuss common issues and problems in the workplace.Recently,this group has been focusing on ways to improve safety in the workplace.This group is an example of

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Focusing on how well resources and human capital are being managed for the company's future refers to which component of the balanced scorecard?

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The continuous process of measuring products,services,and practices against major competitors or industry leaders is called ____________________.

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In most companies,managers rely exclusively on qualitative measures to measure actual performance.

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The balance sheet shows the firm's financial position with respect to expenses and credits at a specific point in time.

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The goal of open-book management is to get every employee thinking and acting like a business owner.

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What is the key to successful benchmarking?

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The control "system" at FreshFood Corporation is based on the culture of the organization and norms that develop in the individual work teams.This is an example of

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All of the following are major perspectives of the Balanced Scorecard EXCEPT:

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A quality circle is a group of ____ volunteer employees.

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____________________ involves monitoring and influencing employee behavior through extensive use of rules,policies,hierarchy of authority,written documentation,reward systems,and other formal mechanisms.

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Which of the following is the process of measuring your organizational process against the best in the industry?

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A group of six to twelve volunteer employees who meet regularly to discuss and solve problems affecting their common work activities refers to a quality team.

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Tracking measures such as customer service and employee involvement are examples of identifying and defining nonfinancial measurements.

(True/False)
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Managers are increasingly recognizing the need to measure intangible aspects of performance such as customer service.

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A process in which lower level managers anticipate their department's resource needs and pass them to top management for approval is called top-down budgeting.

(True/False)
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Managers focus on the various elements of the scorecard to set targets,evaluate performance,and guide discussion about what further actions need to be taken.

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The firm's financial position with respect to assets and liabilities at a specific point in time is shown by its

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____ is any organizational department or unit under the supervision of a single person who is responsible for its activity.

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