Exam 14: Foundations of Control

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Some control criteria, such as employee satisfaction and absenteeism, are applicable to almost any management situation.

(True/False)
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In a short essay, describe feedback control and give an example of its use.

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The controlling function helps managers protect an organization's ________.

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The acid test compares the difference between current assets and inventories to current liabilities.

(True/False)
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If a manager of a tennis store sees sales totals for a particular racquet significantly exceeding goals and deviating from acceptable range of variation, she might ________.

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This type of performance measurement format would be most likely to include graphs, tables, and computer outputs.

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The control management function ensures that ________ in an organization.

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The value of the control function lies in three areas: planning, organizing, and motivating.

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

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Which statement about employee privacy is correct?

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Managers always use these for performance standards during the control process.

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Control is the process of monitoring and evaluating activities to ensure that they are being accomplished as planned.

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Which kind of control takes place before the actual work is carried out?

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The second step in the control process is to ________.

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A balanced scorecard approach creates goals in four key performance areas and assesses ________.

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In a short essay, describe workplace privacy concerns for managers today.What are managers doing to control this issue?

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These forms of performance measurement provide the best and most immediate forms of feedback.

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Immediate corrective action might include changing the way employees are paid for their work.

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Controlling compares ________ to see if goals are being achieved.

(Multiple Choice)
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In many cases, immediate corrective action rather than basic corrective action is taken by managers because they ________.

(Multiple Choice)
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