Exam 11: Evaluation and Control

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The ISO 9000 and 14000 Standards Series as a way to objectively document a company's high level of quality operations are examples of

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E

Corporations will emphasize output controls when they are following a strategy of

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B

The inventory turnover ratio is an example of a(n)

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A

International transfer pricing is primarily used not to evaluate performance, but to minimize taxes.

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Management audits have been developed to evaluate activities such as corporate social responsibility, functional areas such as the marketing department, and divisions such as the international division.

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People tend to substitute behaviors that are recognized and rewarded for those behaviors that are ignored, without regard to their contribution to goal accomplishment.

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The present value of the anticipated future stream of cash flows from the business plus the value of the company if liquidated is referred to as

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Discuss the guidelines for proper control.

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The average benchmarking study may cost approximately ________, and involves 30 weeks of effort.

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Stickiness and eyeballs are two non-financial performance measures used by Internet business ventures.

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What term describes when activities originally intended to help managers attain corporate objectives become ends in themselves or are adapted to meet ends other than those for which they were intended?

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Distinguish between behavior and output controls. Provide examples of each.

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In one study, 95% of the corporate officers interviewed stated that they use different evaluation techniques for foreign and domestic operations.

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If performance data and activity reports indicate undesirable performance as a result of inappropriate use of the strategic management process, operational managers must

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All of the following are examples of behavior controls EXCEPT

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ISO 9000 Standards Series, developed by the International Standards Association of Geneva, Switzerland, is an example of a behavior control.

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The German company SAP AG originated the concept of ERP with its

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Unlike ROI, managers cannot manipulate the numbers of EVA.

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________ is a corporate-wide, integrated process to manage the uncertainties that could negatively or positively influence the achievement of the corporation's objectives.

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Activity-based costing is a method of accounting which is very useful in making outsourcing decisions by doing

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