Exam 14: Foundations of Control

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Employers have the legal right to read personal email of employees if it is sent on a company computer.

(True/False)
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The controlling function helps managers protect an organization's ________.

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Which kind of control takes place after the actual work has been carried out?

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MBWA can pick up moods and attitudes that other forms of measurement miss.

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The control function is not intended to protect the organization from threats.

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A major part of the controlling function of management is to ________.

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Management of a global company often relies on highly formalized reports as controls for distant operations.

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

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All of the following are dangers of revising production goals downward EXCEPT ________.

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To carry out the second step of the control process, managers at an electric shaver company need to compare the number of actual shavers sold to ________.

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

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

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After an extended period of unseasonably warm and sunny weather, revenues at an indoor tennis club are down sharply during the month of November.The best strategy for the club manager is to ________.

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An effective concurrent strategy for dealing with employee theft of supplies and equipment is ________.

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When comparing Mexico to Scotland, you would expect Scottish workers to have ________.

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In a short essay, explain the difference between immediate corrective action and basic corrective action.

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This kind of performance measurement method is fast and is a good platform for feedback, yet it can be private and scheduled for a single employee ahead of time.

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In general, the greater the distance between the home office of a global company and its branch, the ________.

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Annual losses from organizational theft and fraud amount to about ________ per worker.

(Multiple Choice)
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Immediate corrective action might include changing the way employees are paid for their work.

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