Exam 10: Managerial Controls

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In order to increase the ratio of outputs to inputs, a manager would have to ________.

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B

Which of the following is a key activity that the proposed control system should perform?

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C

Having a control system reduces the scope of employee empowerment and autonomy.

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Fraudulent filing of expense reports is an example of ________.

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

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Mark wants to formulate a control process for the organization.What should be the first step in the control process?

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________ is the final step in the management process, which provides a critical link back to ________.

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Mark recommends that the managers at Statco should identify how and why performance has deviated beyond the acceptable range of variation, and then correct the source of the deviation.Here, Mark is recommending ________.

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The control process assumes that ________.

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An organization communicates openly to its employees about violent incidences in the workplace and what's being done to handle them.This is an example of a ________ control strategy.

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Embezzlement and fraudulent filing of expenses are examples of employee theft.

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Basic corrective action corrects problems at once to get performance back on track.

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

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________ ratios measure how efficiently the firm is using its assets.

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Identify three feedback control measures which would reduce work place violence.

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

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Deviations that exceed the acceptable range of variation become significant and need a manager's attention.

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

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

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________ corrects the problem at once to get performance back on track.

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