Exam 11: Management Decision and Control

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The Japanese method of training workers for all jobs on the line,even though they eventually are assigned to a single workstation is known as _____.

(Multiple Choice)
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The following are common problems that multinational companies (MNCs)face in attempting to control their overseas operations except:

(Multiple Choice)
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A legal system called codetermination requires workers and their managers to participate in the discussion of major decisions.

(True/False)
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In comparing the control mechanisms used by U.S.and European firms,it has been found that U.S.firms make greater use of _____ control,while European firms rely more heavily on _____ control.

(Multiple Choice)
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As a total quality management (TQM)technique,rewards and recognition tend to be effective universally.

(True/False)
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Explain how U.S.multinational companies (MNCs)differ from European multinational companies (MNCs)in their approaches to control.

(Essay)
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One technique associated with total quality management (TQM)is the use of ongoing training to achieve _____.

(Multiple Choice)
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Efficient processes become increasingly important as diversification or differences between the parent and subsidiary increase.

(True/False)
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The use of monthly operating reports that are sent to the home office is a common example of _____.

(Multiple Choice)
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Direct controls are particularly important in international management because of the great expense associated with indirect methods.

(True/False)
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Return on investment (ROI)is measured by dividing _____.

(Multiple Choice)
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The amount of _____ directly relates to how well or how poorly a unit is judged to perform.

(Multiple Choice)
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Three sets of financial statements usually are required from subsidiaries; they do not include:

(Multiple Choice)
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Which of the following statements is true in the context of the decision-making process?

(Multiple Choice)
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Visits by top executives to overseas affiliates or subsidiaries is a common form of _____.

(Multiple Choice)
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Direct controls use reports and other written forms of communication to control operations.

(True/False)
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Which of the following is a factor that influences centralization of decision making in subsidiary operations?

(Multiple Choice)
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In domestic situations,when competition increases and profit margins are driven down,home-office management is likely to seek to standardize product and marketing decisions to reduce cost and maintain profitability.

(True/False)
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From an external control standpoint,a multinational company (MNC)is likely to focus on the things that it does best.

(True/False)
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ISO 9000 refers to the International Standards Organization (ISO)certification to ensure _____.

(Multiple Choice)
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