Exam 11: Organizational Control and Change

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When you divide the organization's current assets by its current liabilities,the result is known as the times-covered ratio of the organization.

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What type of change is rapid,dramatic,and broadly focused?

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What is the most immediate and potent form of behavior control?

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The "objectivity" of financial measures of performance is a main reason why managers use these ratios to measure the efficiency and effectiveness of their organizations.

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

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What theory states that a wide variety of forces arise from the way an organization operates that make organizations resistant to change?

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As the regional manager,Ted's performance is evaluated on the basis of the difference between the sales revenues generated by his region and the cost of making those goods and services.Ted is being evaluated using:

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Discuss the type of control used at each stage in process of transforming inputs into finished goods or services.Provide examples of each type of control.

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Control helps managers respond more effectively to customers.

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A control system must be rigid and consistent in order to be effective.

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MBO starts when top managers:

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Which type of control allows managers to anticipate problems before they arise?

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Control is simply just reacting to events after they have occurred.

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Which type of financial ratio is computed by dividing the organization's current assets by its current liabilities?

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Discuss the three characteristics of an effective control system in an organization.Illustrate each characteristic with a specific example from an organization of your choosing.

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The more complex a job is,the more difficult it is for a manager to evaluate how well a subordinate is performing.

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Establishing targets and designing measurement systems are much more difficult for managers because the high level of uncertainty in the organizational environment means managers rarely know what might happen in the future.

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Days sales outstanding is profit ratio that reveals how efficiently managers are collecting revenue from customers to pay expenses.

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Which type of control is at the heart of total quality management programs?

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Behaviors are usually easier to measure than outputs because they are intangible and subjective.

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