Exam 16: Control Systems and Quality Management: Techniques for Enhancing Organizational Effectiveness

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One advantage with incremental budgets is that they are flexible in meeting environmental demands.

(True/False)
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______ ratios can help an organization to detect if it has obsolete or excessive inventory on hand.

(Multiple Choice)
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Which of the following is not a purpose of a manager?

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Decentralized control is characterized by the use of rules,regulations,and formal authority to guide performance.

(True/False)
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______ control is an approach to organizational control that is characterized by informal and organic structural arrangements.

(Multiple Choice)
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Define these terms: financial statement,balance sheet,income statement,ratio analysis.Describe four types of financial ratios and explain the use of each.

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Increasing gross domestic product in the United States depends on raising productivity,as well as on a growing workforce.

(True/False)
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Profits or losses incurred by an organization are represented in its _____.

(Multiple Choice)
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A control standard,or performance standard (or simply standard),is the desired performance level for a given goal.

(True/False)
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Which of the following is a not one of the seven challenges a manager must deal with in the 21st century?

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Which of the following is not a common characteristic of successful control systems?

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Incremental budgeting allocates increased or decreased funds to a department by using the last budget period as a reference point;only incremental changes in the budget request are reviewed.

(True/False)
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The physical area of organizational control includes buildings,equipment,and tangible products.

(True/False)
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Six Sigma means being 99.9997% perfect.

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The acceptable deviation depends on the range of variation built into the standards when they were set.

(True/False)
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GlobalSatellite,applying TQM,restructured its service call procedures and eliminated some steps involved so that employees can finish each call faster.This is an example of reduced cycle time.

(True/False)
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Describe at least three TQM techniques.For each,describe how a company would implement this technique.

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Kim,a customer service manager,tracks monthly complaints and has been trying over the past six months to reduce complaints to less than 0.2% through additional training for her staff.She is engaged in _____.

(Multiple Choice)
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Harbor Casino and Resort requires its casino dealers to have licenses,observes them using closed-circuit TV,and requires detailed reports at the end of each shift.This organization has overcome the control system barrier of _____.

(Multiple Choice)
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Liquidity ratios indicate how much cash an organization has accessible.

(True/False)
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