Exam 10: Managerial Controls

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According to the textbook, the best-known form of ________ is direct supervision.

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Doing nothing is NOT an acceptable managerial action in the control process.

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The easiest way to increase the ratio of outputs to inputs would be to ________.

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________ is measured by the costs of acquiring and transforming the organisational resources into the outputs.

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Which of the following is NOT an example of what can be measured in the control process?

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What type of control prevents anticipated problems?

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Which of the following steps to successfully implementing an internal benchmarking best practices program involves the creation of an organisational culture that reinforces a 'we can learn from everyone' attitude and emphasises sharing information?

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The control process is a three-step process that includes unfreezing the system, changing the system and refreezing the system.

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'Objectives' are set as part of the controlling process.

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Types of Control In order to be successful, Sliders Ice Cream had to have polite, effective customer relations.Although they knew their product was good, the relationships their employees built with the customers would result in repeat customers.In order to do this, they tried several options.First, they implemented a customer suggestion box and provided customers with cards asking them for their opinions of the service they had received.They also tried having managers closely observe their employees' behaviour and provide suggestions to employees on how to best handle difficult situations.Finally, they decided to implement a training program during new employee orientation.They had considered installing hidden cameras to observe employee behaviour while management was not around but, in the end, decided against it. -Refer to Types of Control (Scenario).The training program Sliders implemented is considered a form of ________ control.

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Which of the following terms is associated with the definition of 'control'?

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Financial statements are an example of what type of control?

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Which of the following is NOT related to the meaning of management information systems?

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Information Controls Computing Solutions Ltd is a high-tech consulting firm that focuses on helping companies to implement and adapt new technological developments in daily operations.Ted is the department head and needs to train John and Kelly, both project managers, on the proper applications of technological solutions for businesses. -Refer to Information Controls (Scenario).When John organises and processes the raw, unanalysed facts, he will have ________.

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An Effective Control Barry's, a popular family restaurant, decided they needed to implement a more effective control process.They were losing market share, their prices seemed uncompetitive with other restaurants and employee work standards were unpredictable and inconsistent.They needed some help with developing this process, so they called HyperJob, a management consulting firm, to assist them with this development. -Refer to An Effective Control (Scenario).Barry's management team learned that they need to use the process of ________ to monitor, compare and correct work performance.

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What type of control is concerned with input?

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The ________ measure an organisation's ability to meet its current debt obligations.

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The Industry Leader Frank, the new Managing Director for Cooper-Smith Real Estate, is working hard to turn around the formerly successful real estate business.His goal is to once again make Cooper-Smith a leader in the industry.Frank is currently at a meeting with senior staff and is informing them about measuring the company's performance. -Refer to The Industry Leader (Scenario).Bob, one of the senior managers, was confused as to why measuring organisational performance was important, as sales were increasing.Frank replied that it is important to measure and control organisational performance because it leads to all of the following EXCEPT ________.

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Revising unrealistically high standards is one method of managerial action in the control process.

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Basic corrective action is correcting an activity at once in order to get performance back on track.

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