Exam 18: Controlling Activities and Operations

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Contours, Inc., quality auditors pull one part from the production line every 15 minutes. These parts are measured against the production print; any variation that is beyond acceptable levels is reported to the machine operators. Contours, Inc., is using ________ control.

(Multiple Choice)
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Sensitive, proprietary, and confidential information must be controlled lest it fall into the hands of people who wish to harm the organization, its customers and/or employees.

(True/False)
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________ refers to the process of monitoring, comparing, and correcting work performance.

(Multiple Choice)
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Feedforward control is more popular and effective than the other forms of control.

(True/False)
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Controlling is the process of monitoring, comparing, and correcting work performance.

(True/False)
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Managers could choose to do nothing when ________.

(Multiple Choice)
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What do you think are the benefits of benchmarking? Provide examples of benchmarking practices.

(Essay)
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Using corporate hotlines or other mechanisms for reporting and investigating workplace violence is an example of feedback control.

(True/False)
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Which one of the following sources usually provides filtered information which cannot be documented?

(Multiple Choice)
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Two areas in which corporate governance is being reformed are the role of boards of directors and ________.

(Multiple Choice)
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If a manager wanted to increase the ratio of outputs to inputs, she should ________.

(Multiple Choice)
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Benchmarks for a company must be created based on the previous performance of the company.

(True/False)
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Ruth, a financial consultant, determines her client's leverage ratio to be very high. What suggestion could Ruth give to help the firm reduce its leverage ratio?

(Multiple Choice)
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In a short essay explain feedforward, concurrent, and feedback controls and provide an example for each one.

(Essay)
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Which one of the following is considered the easiest way to increase organizational productivity?

(Multiple Choice)
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Which one of the following sources of information for measuring performance is time consuming, obtrusive, and subject to personal biases?

(Multiple Choice)
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The operations manager suggests a hike in the prices to improve productivity. However, the marketing manager rules this option out. What could be the possible reason for this?

(Multiple Choice)
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Productivity decreases when an organization raises the prices of its products.

(True/False)
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Elaine wants to analyze her company's ability to meet its current debt obligations. Which one of the following ratios is most helpful to Ruth in analyzing this?

(Multiple Choice)
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Irene was quite upset to learn her employer read her e-mails. She thought all her messages were private. Which one of the following arguments would best explain her employer's actions?

(Multiple Choice)
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