Question 1

ERP unites all of a company's major business activities,from order processing to production,within a single family of software modules.

Accepted Answer

A) True 
 B)False

Question 2

RFID is an electronic tagging technology used to improve supply-chain efficiency in a number of companies.

Accepted Answer

A) True 
 B)False

Question 3

Which method of matching rewards to the accomplishment of strategic objectives compensates managers for achieving objectives set over a multi-year period?

Accepted Answer

A)  strategic-funds method 
B)  segmentation method 
C)  long-term evaluation method 
D)  individual evaluation method 
E)  weighted-factor method 
A)  strategic-funds method 
B)  segmentation method 
C)  long-term evaluation method 
D)  individual evaluation method 
E)  weighted-factor method

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

The comparison of the expected cost of production against the actual cost of production typically occurs in the

Accepted Answer

A)  investment center. 
B)  revenue center. 
C)  standard cost center. 
D)  profit center. 
E)  expense center. 
A)  investment center. 
B)  revenue center. 
C)  standard cost center. 
D)  profit center. 
E)  expense center.

Question 6

What is the balanced scorecard? What are the four areas to be addressed?

Accepted Answer

The balanced scorecard combines financia

Question 7

What is the most commonly used measure of corporate performance (in terms of profits)? Discuss the limitations of using this measure.

Accepted Answer

The most commonly used measure of corpor

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

One approach to better match executive rewards to the accomplishment of strategic objectives is

Accepted Answer

A)  return on investment. 
B)  year-end bonuses. 
C)  zero base budgeting. 
D)  weighted-factor method. 
E)  return on assets. 
A)  return on investment. 
B)  year-end bonuses. 
C)  zero base budgeting. 
D)  weighted-factor method. 
E)  return on assets.

Question 10

All of the following are examples of behavior controls EXCEPT

Accepted Answer

A)  monitoring employees' phone calls. 
B)  monitoring employees' PCs. 
C)  monitoring employees' Internet usage. 
D)  using ISO 14000 Standards Series. 
E)  sales quotas. 
A)  monitoring employees' phone calls. 
B)  monitoring employees' PCs. 
C)  monitoring employees' Internet usage. 
D)  using ISO 14000 Standards Series. 
E)  sales quotas.

Question 11

An advantage of ROI as a measure of performance is that

Accepted Answer

A)  it is sensitive to book value. 
B)  it provides an incentive to use existing assets efficiently. 
C)  the time span of concern is short range. 
D)  the business cycle strongly affects ROI performance often despite managerial performance. 
E)  it is very sensitive to depreciation policy. 
A)  it is sensitive to book value. 
B)  it provides an incentive to use existing assets efficiently. 
C)  the time span of concern is short range. 
D)  the business cycle strongly affects ROI performance often despite managerial performance. 
E)  it is very sensitive to depreciation policy.

Question 12

A profit center is typically established whenever an organizational unit has control over both its resources and its products or services.

Accepted Answer

A) True 
 B)False

Question 13

Benchmarking has been found to produce the best results in companies that are already well managed.

Accepted Answer

A) True 
 B)False

Question 14

According to the 80/20 rule,companies should monitor the 20% of the factors that determine 80% of the results.

Accepted Answer

A) True 
 B)False

ERP unites all of a company's major business activities,from order processing to production,within a single family of software modules.

RFID is an electronic tagging technology used to improve supply-chain efficiency in a number of companies.

Which method of matching rewards to the accomplishment of strategic objectives compensates managers for achieving objectives set over a multi-year period?

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

The comparison of the expected cost of production against the actual cost of production typically occurs in the

What is the balanced scorecard? What are the four areas to be addressed?

What is the most commonly used measure of corporate performance (in terms of profits)? Discuss the limitations of using this measure.

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

One approach to better match executive rewards to the accomplishment of strategic objectives is

All of the following are examples of behavior controls EXCEPT

An advantage of ROI as a measure of performance is that

A profit center is typically established whenever an organizational unit has control over both its resources and its products or services.

Benchmarking has been found to produce the best results in companies that are already well managed.

According to the 80/20 rule,companies should monitor the 20% of the factors that determine 80% of the results.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Suggestions for Case Analysis

Filters

Exam 12: Evaluation and Control

ERP unites all of a company's major business activities,from order processing to production,within a single family of software modules.

RFID is an electronic tagging technology used to improve supply-chain efficiency in a number of companies.

Which method of matching rewards to the accomplishment of strategic objectives compensates managers for achieving objectives set over a multi-year period?

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

The comparison of the expected cost of production against the actual cost of production typically occurs in the

What is the balanced scorecard? What are the four areas to be addressed?

What is the most commonly used measure of corporate performance (in terms of profits)? Discuss the limitations of using this measure.

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

One approach to better match executive rewards to the accomplishment of strategic objectives is

All of the following are examples of behavior controls EXCEPT

An advantage of ROI as a measure of performance is that

A profit center is typically established whenever an organizational unit has control over both its resources and its products or services.

Benchmarking has been found to produce the best results in companies that are already well managed.

According to the 80/20 rule,companies should monitor the 20% of the factors that determine 80% of the results.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Suggestions for Case Analysis

Filters