Exam 11: Management Decision and Control

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Kaizen is a Japanese term that means:

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The philosophy, "Anything worth doing in the area of quality is worth overdoing," is the management attitude of the

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The most common types of performance measures used for control purposes include the following except:

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The following are common problems that MNCs face in attempting to control their overseas operations except:

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Financial performance evaluation of a foreign subsidiary or affiliate usually is based on profit and return on investment.

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Amazon's target market is significantly larger, but less loyal, than Alibaba's.

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

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The following factors encourage the use of decentralized decision making except:

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Control in European MNCs requires more _____ of operating decision making than does control in U.S.MNCs.

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Controls that are generally used by MNCs to monitor performance on a monthly basis are:

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A quality control circle is a group of workers who meet on a regular basis to discuss ways of improving the quality of work.

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The Japanese make heavy use of a decision-making process called ringisei or decision making by consensus.

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The use of monthly operating reports that are sent to the home office is a common example of:

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Visits by top executives to overseas affiliates or subsidiaries is a common form of:

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Return on investment (ROI) is measured by dividing:

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Which of the following is not a form of direct control?

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Describe the differences between direct controls and indirect controls? Provide an example of each type of control for the management of a MNC.

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As a TQM technique, rewards and recognition tend to be effective universally.

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When local managers are inexperienced or not highly effective, decision making tends to be decentralized.

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In domestic situations, when competition increases, management will:

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