Exam 8: Control, Change, and Entrepreneurship

The manager of a profit center is evaluated on the basis of the amount of sales that have been generated from the goods or services produced in his/her division.On the basis of which of the following budget approaches is the divisional manager being remunerated?

Clan control is an internally imposed system of constraints.

Organizational culture is an externally imposed system of constraints on the behavior of suppliers in an organization.

The current ratio is an example of a leverage ratio of the organization.

Define entrepreneurs and intrapreneurs.

How does organizational culture help managers exert control over subordinates?

Which type of control do managers typically use in the input stage of the process of transforming raw materials into finished goods?

Bureaucratic control is control by means of a comprehensive system of rules and standard operating procedures that shapes and regulates the behavior of divisions,functions,and individuals.

Which of the following is the MOST commonly used financial performance measure that allows managers of one organization to compare performance with that of other organizations?

Which of the following accurately defines organization change?

Which of the following results when an organization's net income before taxes is divided by the total assets of the organization?

Even an effective control system does not give managers enough time to respond to opportunities and threats.

Hanover Insurance sets up a management information system (MIS)that gives its regional managers information about changes in the task environment that may affect the organization at some future time.Which of the following control systems is being used by Hanover Insurance?

Which of the following types of organizational cultures is strong and controls employee attitudes and behaviors?

List the common problems entrepreneurs have in managing their organizations.

A divisional manager is given an operating budget of $3.7 million for the coming year and is evaluated on the basis of the amount of output the division can produce based on that budget.On the basis of which of the following budget approaches is the divisional manager being remunerated?

Which of the following is the process through which managers try to increase members' abilities to understand and appropriately respond to changing conditions?

Which of the following types of control systems uses rules and SOPs to regulate the behavior of workers within the organization?

The process by which managers monitor and regulate the organization in order to determine if the organization is operating efficiently and effectively is known as planning.

Brennan Manufacturing monitors the number of customer returns for each product model to track when the organization is producing a large number of defective products.Which of the following control systems is being used by Brennan Manufacturing?