Exam 8: Control, Change, and Entrepreneurship

Before remuneration,a divisional manager is told to maximize the sales of his division.On the basis of which of the following budget approaches will the divisional manager be remunerated?

Define "adaptive culture" and "inert culture".Which is better for an organization and why? Give at least two examples of what organizations with each of these do to develop their cultures.

The times-covered ratio of an organization is determined by current assets divided by current liabilities.

From the information given below,calculate the organization's return on investment (ROI). Total Liabilities = $300,000; Total Assets = $600,000; Gross Margin = $200,000; Net Income Before Taxes = $30,000; Total Expenses = $240,000

Behavior control is one way managers attempt to motivate workers.Discuss three ways managers could use behavior control with subordinates.

Profit ratios measure the efficiency of the use of the organization's resources in generating profits.

Intrapreneurs engage in entrepreneurship within an existing company.

Identify the steps in the organizational change process,and describe what occurs in each step.

Output control procedures are used at every management level of an organization.

Financial information by itself provides managers with all of the information that they need to measure the four building blocks of competitive advantage.

The three main mechanisms that managers use to assess output or performance are financial measures,organizational goals,and operating budgets.

Participatory nature is an important characteristic of bureaucratic control.

The final step in the control process is to:

Entrepreneurship is the:

All organizations make use of bureaucratic control methods in their dealings with the employees of the organization.This type of control system can,however,create problems for the subordinates.Discuss these types of problems and explain what an organization's managers can do to reduce these types of problems within the organization.

The most immediate and potent form of behavior control is:

Managers at Zeppel Construction Company set up a stringent job interview process by which applicants are carefully screened at different levels of the organization before they are hired,attempting to increase the chance that newly hired managers will have the knowledge and skills they need to be successful within the organization.Which of the following control systems is being used by Zeppel?

A standard of performance that measures efficiency at the functional level is operating costs.

In inert cultures,employees often receive rewards directly linked to their performance.

The manager of Inkman,a convenience store,keeps track of the average sale amount for each customer as a way of deciding on the product mix to be carried in the store.This is an example of: