Question 1

Liquidity compares the total amount of debt a company has to its total assets.

Accepted Answer

A) True 
 B)False

Question 2

A GPS that tells you that you are making a wrong turn is an example of concurrent control.

Accepted Answer

A) True 
 B)False

Question 3

A state motor vehicles agency that is interested in serving the public might choose to measure ________.

Accepted Answer

A) total revenue rather than customer wait time 
B) total customers rather than total revenue 
C) customer wait time rather than total customers 
D) employee turnover rather than customer wait time 
A) total revenue rather than customer wait time 
B) total customers rather than total revenue 
C) customer wait time rather than total customers 
D) employee turnover rather than customer wait time

Question 4

Profitability ratios are a traditional way for a company to measure success.

Accepted Answer

A) True 
 B)False

Question 5

A family that is using a computer program to create a formal household budget is using the budget as a(n)________.

Accepted Answer

A) planning tool 
B) controlling tool 
C) organizing tool 
D) leading tool 
A) planning tool 
B) controlling tool 
C) organizing tool 
D) leading tool

Question 6

________ is a measure of how readily a company can use its assets to generate profits.

Accepted Answer

A) Profitability 
B) Leverage 
C) Liquidity 
D) Activity 
A) Profitability 
B) Leverage 
C) Liquidity 
D) Activity

Question 7

All of the following are common rationalizations that workers use to justify workplace theft EXCEPT ________.

Accepted Answer

A) "Everyone does it." 
B) "They'll never miss it." 
C) "I deserve this." 
D) "I owe money from gambling." 
A) "Everyone does it." 
B) "They'll never miss it." 
C) "I deserve this." 
D) "I owe money from gambling."

Question 8

In a short essay, describe concurrent control and give an example of its use.

Accepted Answer

Concurrent control, as its name implies,

Question 9

Direct supervision as a basic means of control is much more common in ________

Accepted Answer

A) small countries 
B) democracies 
C) more technologically advanced countries 
D) less technologically advanced countries 
A) small countries 
B) democracies 
C) more technologically advanced countries 
D) less technologically advanced countries

Question 10

In a short essay, describe the first step in the control process.

Accepted Answer

The first step in the control process is

Question 11

An effective feedforward strategy for dealing with employee theft is ________.

Accepted Answer

A) screen workers before they are hired 
B) openly state the real costs of stealing 
C) have managers set good examples 
D) hire professional investigators 
A) screen workers before they are hired 
B) openly state the real costs of stealing 
C) have managers set good examples 
D) hire professional investigators

Question 12

________ is a measure of an organization's ability to meet its current debt obligations.

Accepted Answer

A) Leverage 
B) Activity 
C) Liquidity 
D) Profitability 
A) Leverage 
B) Activity 
C) Liquidity 
D) Profitability

Question 13

A law firm manager finds that the firm loses too many of its civil cases while it wins an inordinately high number of its criminal cases.Which basic corrective action can the manager take?

Accepted Answer

A) pay criminal lawyers more 
B) pay civil lawyers less 
C) analyze civil and criminal cases 
D) fire civil lawyers 
A) pay criminal lawyers more 
B) pay civil lawyers less 
C) analyze civil and criminal cases 
D) fire civil lawyers

Question 14

Controlling is the ________ in the management process.

Accepted Answer

A) first step 
B) final step 
C) most important step 
D) least important step 
A) first step 
B) final step 
C) most important step 
D) least important step

Question 15

MBWA stands for management by ________.

Accepted Answer

A) work area 
B) work action 
C) written action 
D) walking around 
A) work area 
B) work action 
C) written action 
D) walking around

Question 16

All of the following are important in efforts to protect information in an organization EXCEPT ________.

Accepted Answer

A) firewalls 
B) encryption 
C) search engines 
D) data backups 
A) firewalls 
B) encryption 
C) search engines 
D) data backups

Question 17

Which kind of control takes place while the actual work is carried out?

Accepted Answer

A) feedback 
B) concurrent 
C) reverse 
D) feedforward 
A) feedback 
B) concurrent 
C) reverse 
D) feedforward

Question 18

A law firm manager finds that one lawyer who consistently outperforms other lawyers at the firm is threatening to leave.Which immediate corrective action should the manager take?

Accepted Answer

A) none 
B) offer a bonus 
C) disciplinary action 
D) a study to see why she outperforms others 
A) none 
B) offer a bonus 
C) disciplinary action 
D) a study to see why she outperforms others

Question 19

Due to a recent construction of an upscale housing community near a tennis club, customer use has skyrocketed during the year and the club is operating at all-time high levels, far beyond the goals set the previous year.The best strategy for the manager is to ________.

Accepted Answer

A) do nothing 
B) run a sale to increase customers 
C) advertise 
D) change goals for the following year 
A) do nothing 
B) run a sale to increase customers 
C) advertise 
D) change goals for the following year

Question 20

Which of the following employer practices is NOT legal?

Accepted Answer

A) reading employee email 
B) monitoring employees in a bathroom 
C) tracking an employee's whereabouts in the workplace 
D) monitoring an employee's personal home computer 
A) reading employee email 
B) monitoring employees in a bathroom 
C) tracking an employee's whereabouts in the workplace 
D) monitoring an employee's personal home computer

Liquidity compares the total amount of debt a company has to its total assets.

A GPS that tells you that you are making a wrong turn is an example of concurrent control.

A state motor vehicles agency that is interested in serving the public might choose to measure ________.

Profitability ratios are a traditional way for a company to measure success.

A family that is using a computer program to create a formal household budget is using the budget as a(n)________.

________ is a measure of how readily a company can use its assets to generate profits.

All of the following are common rationalizations that workers use to justify workplace theft EXCEPT ________.

In a short essay, describe concurrent control and give an example of its use.

Direct supervision as a basic means of control is much more common in ________

In a short essay, describe the first step in the control process.

An effective feedforward strategy for dealing with employee theft is ________.

________ is a measure of an organization's ability to meet its current debt obligations.

A law firm manager finds that the firm loses too many of its civil cases while it wins an inordinately high number of its criminal cases.Which basic corrective action can the manager take?

Controlling is the ________ in the management process.

MBWA stands for management by ________.

All of the following are important in efforts to protect information in an organization EXCEPT ________.

Which kind of control takes place while the actual work is carried out?

A law firm manager finds that one lawyer who consistently outperforms other lawyers at the firm is threatening to leave.Which immediate corrective action should the manager take?

Due to a recent construction of an upscale housing community near a tennis club, customer use has skyrocketed during the year and the club is operating at all-time high levels, far beyond the goals set the previous year.The best strategy for the manager is to ________.

Which of the following employer practices is NOT legal?

Managers and Management

The Management Environment

Integrative Managerial Issues

Foundations of Decision Making

Foundations of Planning

Organization Structure

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Managing Communication and Information

Operations Management

History Module

Quantitative Module

Career Module

Entrepreneurship Module

Filters

Exam 14: Foundations of Control

Liquidity compares the total amount of debt a company has to its total assets.

A GPS that tells you that you are making a wrong turn is an example of concurrent control.

A state motor vehicles agency that is interested in serving the public might choose to measure ________.

Profitability ratios are a traditional way for a company to measure success.

A family that is using a computer program to create a formal household budget is using the budget as a(n)________.

________ is a measure of how readily a company can use its assets to generate profits.

All of the following are common rationalizations that workers use to justify workplace theft EXCEPT ________.

In a short essay, describe concurrent control and give an example of its use.

Direct supervision as a basic means of control is much more common in ________

In a short essay, describe the first step in the control process.

An effective feedforward strategy for dealing with employee theft is ________.

________ is a measure of an organization's ability to meet its current debt obligations.

A law firm manager finds that the firm loses too many of its civil cases while it wins an inordinately high number of its criminal cases.Which basic corrective action can the manager take?

Controlling is the ________ in the management process.

MBWA stands for management by ________.

All of the following are important in efforts to protect information in an organization EXCEPT ________.

Which kind of control takes place while the actual work is carried out?

A law firm manager finds that one lawyer who consistently outperforms other lawyers at the firm is threatening to leave.Which immediate corrective action should the manager take?

Due to a recent construction of an upscale housing community near a tennis club, customer use has skyrocketed during the year and the club is operating at all-time high levels, far beyond the goals set the previous year.The best strategy for the manager is to ________.

Which of the following employer practices is NOT legal?

Managers and Management

The Management Environment

Integrative Managerial Issues

Foundations of Decision Making

Foundations of Planning

Organization Structure

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Managing Communication and Information

Operations Management

History Module

Quantitative Module

Career Module

Entrepreneurship Module

Filters