Exam 18: Controlling Activities and Operations

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Which one of the following management responsibilities determines if organizational goals are being achieved?

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The ________ approach to performance measurement was introduced as a way to evaluate organizational performance from more than just the financial perspective.

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Blanca nods as she watches her new employee as he executes the steps in making French fries. Her purpose is to make sure he follows the instructions exactly as given. Blanca is using ________.

(Multiple Choice)
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MegaMogul Mfg. was a very successful company about 50 years ago. Its managers still behave today as they did back then. They are rigid, aggressive and condescending in their communication. Their favorites are given the easiest assignments. No one is allowed to question them. This situation is ripe for ________.

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List and discuss four performance control tools used for monitoring and measuring organizational performance.

(Essay)
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Filing of fraudulent expense reports is an example of ________.

(Multiple Choice)
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The comparing step in the control process determines ________.

(Multiple Choice)
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Clinical psychologists suggest that employee theft ________.

(Multiple Choice)
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Corporate governance ________.

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In a short essay, define corporate governance and describe some of the current trends in this area.

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A service profit chain is the service sequence from employees to customers to profit.

(True/False)
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________ is when a manager in the work area interacts directly with employees to maintain supervision.

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Activity ratios measure an organization's ability to meet its current debt obligations.

(True/False)
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Having a control system reduces the scope of employee empowerment and autonomy.

(True/False)
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The control process assumes that ________.

(Multiple Choice)
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At the end of every month, the accounting department submits a balance sheet, statement of profit and loss, and cash flow statement to the senior management team. These are all ________.

(Multiple Choice)
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Organizational effectiveness is a measure of how appropriate organizational goals are and how well those goals are being met.

(True/False)
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Managers engage in controlling activities to protect the organization and its assets.

(True/False)
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Control techniques can be quite different for different countries. The differences are primarily in the ________.

(Multiple Choice)
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Which one of the following ratios examines the organization's use of debt to finance its assets and its ability to meet the interest payments on the debt?

(Multiple Choice)
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