Question 1

Which of the following is a mechanism of control for organizational culture?

Accepted Answer

A)  Direct supervision 
B)  Management by objectives 
C)  Socialization 
D)  Organizational goals 
E)  Operating budgets 
A)  Direct supervision 
B)  Management by objectives 
C)  Socialization 
D)  Organizational goals 
E)  Operating budgets C

Question 2

Which of the following types of control systems do managers use at the conversion stage of transforming raw materials into finished goods?

Accepted Answer

A)  Feedforward control 
B)  Bureaucratic control 
C)  Concurrent control 
D)  Feedback control 
E)  MBO control 
A)  Feedforward control 
B)  Bureaucratic control 
C)  Concurrent control 
D)  Feedback control 
E)  MBO control C

Question 3

The inventory turnover ratio is an example of the activity ratio of an organization.

Accepted Answer

A) True 
 B)False  True

Question 4

Which of the following is the process by which managers monitor and regulate how efficiently and effectively an organization and its members are performing the activities necessary to achieve organizational goals?

Accepted Answer

A)  Planning 
B)  Organizing 
C)  Leading 
D)  Controlling 
E)  Coordinating 
A)  Planning 
B)  Organizing 
C)  Leading 
D)  Controlling 
E)  Coordinating

Question 5

Which type of financial ratio indicates whether or not the organization is capable of paying off its short-term debts without having to sell its inventory?

Accepted Answer

A)  Quick ratio 
B)  Current ratio 
C)  Days sales outstanding ratio 
D)  Inventory turnover ratio 
E)  Profit ratio 
A)  Quick ratio 
B)  Current ratio 
C)  Days sales outstanding ratio 
D)  Inventory turnover ratio 
E)  Profit ratio

Question 6

At which of the step of the control process do managers evaluate whether the actual performance of the organization differs significantly from the standards of performance being used to assess the performance of the organization?

Accepted Answer

A)  Measure actual performance 
B)  Compare actual performance to the standards 
C)  Establish the standards of performance 
D)  Initiate corrective action 
E)  Measure standards of performance 
A)  Measure actual performance 
B)  Compare actual performance to the standards 
C)  Establish the standards of performance 
D)  Initiate corrective action 
E)  Measure standards of performance

Question 7

Entrepreneurship ends once a new business has been founded.

Accepted Answer

A) True 
 B)False

Question 8

If an organization's control systems are not designed correctly,an organization may not be able to adapt to a changing environment.

Accepted Answer

A) True 
 B)False

Question 9

Top-down change can co-opt resistance to change from employees.

Accepted Answer

A) True 
 B)False

Question 10

Action Explosives gives specifications to its suppliers of raw materials in an attempt to improve the quality of those raw materials and to minimize and anticipate the problems they are likely to face in the conversion process.Which of the following control systems is being used by Action Explosives?

Accepted Answer

A)  Concurrent control 
B)  Feedforward control 
C)  Feedback control 
D)  Bureaucratic control 
E)  MBO control 
A)  Concurrent control 
B)  Feedforward control 
C)  Feedback control 
D)  Bureaucratic control 
E)  MBO control

Question 11

Which of the following are formal target-setting,monitoring,evaluation,and feedback systems that provide managers with information about whether the organization's strategy and structure are working efficiently and effectively?

Accepted Answer

A)  Operating systems 
B)  Organizational systems 
C)  Control systems 
D)  Recurrent systems 
E)  Concurrent systems 
A)  Operating systems 
B)  Organizational systems 
C)  Control systems 
D)  Recurrent systems 
E)  Concurrent systems

Question 12

Organizational change affects organizational structure but not organizational culture.

Accepted Answer

A) True 
 B)False

Question 13

Discuss the need to balance two opposing forces in the control process that influences the way organizations change.

Accepted Answer

There is a fundamental tension or need t

Question 14

The use of bureaucratic control in an organization typically enhances creativity and learning.

Accepted Answer

A) True 
 B)False

Question 15

Output control methods are effective in motivating employees,but behavior control methods are not.

Accepted Answer

A) True 
 B)False

Question 16

From the information given below,calculate the organization's current ratio. Total Liabilities = $750,000; Current Liabilities = $220,000; Total Assets = $700,000; Current Assets = $176,000

Accepted Answer

A)  0.25 
B)  0.93 
C)  0.29 
D)  0.80 
E)  1.25 
A)  0.25 
B)  0.93 
C)  0.29 
D)  0.80 
E)  1.25

Question 17

Calculate the current ratio of the organization from the information given below. Sales = $200,000; Gross Profit = $40,000; Total Assets = $450,000; Current Assets = $250,000; Current Liabilities = $300,000

Accepted Answer

A)  0.44 
B)  0.56 
C)  0.67 
D)  0.83 
E)  1.2 
A)  0.44 
B)  0.56 
C)  0.67 
D)  0.83 
E)  1.2

Question 18

Controlling at some point lowers the level of innovation in an organization.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is imposed on workers within the organization by the shared values,norms,standards of behavior,and expectations?

Accepted Answer

A)  Bureaucratic control 
B)  Operating control 
C)  Clan control 
D)  Leverage control 
E)  Liquidity control 
A)  Bureaucratic control 
B)  Operating control 
C)  Clan control 
D)  Leverage control 
E)  Liquidity control

Question 20

The standard of performance that measures efficiency at the corporate level of the organization is known as:

Accepted Answer

A)  cost of goods sold. 
B)  capital costs. 
C)  net sales. 
D)  operating costs. 
E)  net income after taxes. 
A)  cost of goods sold. 
B)  capital costs. 
C)  net sales. 
D)  operating costs. 
E)  net income after taxes.

Which of the following is a mechanism of control for organizational culture?

Which of the following types of control systems do managers use at the conversion stage of transforming raw materials into finished goods?

The inventory turnover ratio is an example of the activity ratio of an organization.

Which of the following is the process by which managers monitor and regulate how efficiently and effectively an organization and its members are performing the activities necessary to achieve organizational goals?

Which type of financial ratio indicates whether or not the organization is capable of paying off its short-term debts without having to sell its inventory?

At which of the step of the control process do managers evaluate whether the actual performance of the organization differs significantly from the standards of performance being used to assess the performance of the organization?

Entrepreneurship ends once a new business has been founded.

If an organization's control systems are not designed correctly,an organization may not be able to adapt to a changing environment.

Top-down change can co-opt resistance to change from employees.

Which of the following are formal target-setting,monitoring,evaluation,and feedback systems that provide managers with information about whether the organization's strategy and structure are working efficiently and effectively?

Organizational change affects organizational structure but not organizational culture.

Discuss the need to balance two opposing forces in the control process that influences the way organizations change.

The use of bureaucratic control in an organization typically enhances creativity and learning.

Output control methods are effective in motivating employees,but behavior control methods are not.

From the information given below,calculate the organization's current ratio. Total Liabilities = $750,000; Current Liabilities = $220,000; Total Assets = $700,000; Current Assets = $176,000

Calculate the current ratio of the organization from the information given below. Sales = $200,000; Gross Profit = $40,000; Total Assets = $450,000; Current Assets = $250,000; Current Liabilities = $300,000

Controlling at some point lowers the level of innovation in an organization.

Which of the following is imposed on workers within the organization by the shared values,norms,standards of behavior,and expectations?

The standard of performance that measures efficiency at the corporate level of the organization is known as:

The Management Process Today

Values, Attitudes, Emotions, and Culture: The Manager As a Person

Managing Ethics and Diversity

Managing in the Global Environment

Decision Making, Learning, Creativity, and Entrepreneurship

Planning, Strategy, and Competitive Advantage

Designing Organizational Structure

Motivation

Leaders and Leadership

Effective Team Management

Building and Managing Human Resources

Communication and Information Technology Management

Operations Management: Managing Vital Operations and Processes

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Exam 8: Control, Change, and Entrepreneurship

Which of the following is a mechanism of control for organizational culture?

Which of the following types of control systems do managers use at the conversion stage of transforming raw materials into finished goods?

The inventory turnover ratio is an example of the activity ratio of an organization.

Which of the following is the process by which managers monitor and regulate how efficiently and effectively an organization and its members are performing the activities necessary to achieve organizational goals?

Which type of financial ratio indicates whether or not the organization is capable of paying off its short-term debts without having to sell its inventory?

At which of the step of the control process do managers evaluate whether the actual performance of the organization differs significantly from the standards of performance being used to assess the performance of the organization?

Entrepreneurship ends once a new business has been founded.

If an organization's control systems are not designed correctly,an organization may not be able to adapt to a changing environment.

Top-down change can co-opt resistance to change from employees.

Which of the following are formal target-setting,monitoring,evaluation,and feedback systems that provide managers with information about whether the organization's strategy and structure are working efficiently and effectively?

Organizational change affects organizational structure but not organizational culture.

Discuss the need to balance two opposing forces in the control process that influences the way organizations change.

The use of bureaucratic control in an organization typically enhances creativity and learning.

Output control methods are effective in motivating employees,but behavior control methods are not.

From the information given below,calculate the organization's current ratio. Total Liabilities = $750,000; Current Liabilities = $220,000; Total Assets = $700,000; Current Assets = $176,000

Calculate the current ratio of the organization from the information given below. Sales = $200,000; Gross Profit = $40,000; Total Assets = $450,000; Current Assets = $250,000; Current Liabilities = $300,000

Controlling at some point lowers the level of innovation in an organization.

Which of the following is imposed on workers within the organization by the shared values,norms,standards of behavior,and expectations?

The standard of performance that measures efficiency at the corporate level of the organization is known as:

The Management Process Today

Values, Attitudes, Emotions, and Culture: The Manager As a Person

Managing Ethics and Diversity

Managing in the Global Environment

Decision Making, Learning, Creativity, and Entrepreneurship

Planning, Strategy, and Competitive Advantage

Designing Organizational Structure

Motivation

Leaders and Leadership

Effective Team Management

Building and Managing Human Resources

Communication and Information Technology Management

Operations Management: Managing Vital Operations and Processes

Filters