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Which of the following best describes ERP systems?


A) popular recruiting systems that help maximize diversity in the workplace
B) comprehensive systems for identifying and measuring changes in productivity
C) software information systems that integrate all aspects of business,helping managers stay on top of the latest developments
D) training systems for employees that allow self-discovery and correction of weaknesses
E) control systems in which managers are made aware of all deviations from standards

F) A) and B)
G) B) and E)

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Productivity equals


A) labor,capital,energy,and materials,divided by goods and services produced.
B) goods and services produced,divided by labor,capital,energy,and materials.
C) labor,energy,and capital,divided by goods,services,and materials.
D) goods and services and energy and materials,divided by labor and capital produced.
E) energy and materials,divided by labor and capital.

F) A) and E)
G) D) and E)

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A(n) ________ budget that can be adjusted over time for changing environmental conditions.


A) operating
B) incremental
C) zero-based
D) variable or flexible
E) cash

F) B) and E)
G) A) and B)

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One characteristic of incremental budgeting is that it


A) allows comparison using various units,like labor hours and dollars.
B) is flexible toward changing environmental demands.
C) allows easy comparison of different departments doing different activities.
D) locks managers into stable spending arrangements.
E) requires more time from managers than zero-based budgeting.

F) C) and D)
G) A) and D)

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______ is defined as establishing goals,monitoring performance,comparing it with goals,and taking corrective action as needed.


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

F) A) and B)
G) B) and D)

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Smith Commercial Development has effective control processes,allowing its managers to discover ______ in bookkeeping right away,before a would-be embezzler could seriously affect its business.


A) irregularities and errors
B) a potential merger
C) competence
D) team problems
E) tax breaks

F) A) and B)
G) A) and C)

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Corrective action is a control principle that states that managers should be informed of a situation only if data show a significant deviation from standards.

A) True
B) False

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Which of the following is the best example of bureaucratic control?


A) Southwest Airlines
B) Ritz Carlton
C) Monica's Diner
D) Levi Strauss
E) U.S.Army

F) A) and B)
G) A) and C)

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Examining how the organization looks to shareholders is part of which of the balanced scorecard perspectives?


A) external perspective
B) customer perspective
C) internal business perspective
D) financial perspective
E) innovation and learning perspective

F) A) and B)
G) C) and D)

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This question contains two parts;be sure to answer both.First,define productivity and explain why increasing productivity is important.Second,imagine that you are the manager of a large chain grocery store.Suggest at least three ways that you might improve productivity at the store. Productivity is the ratio of outputs to inputs,or (goods + services)/(labor + capital + materials + energy).It is important to companies because it determines their profitability and survival.It is important to the nation because the higher productivity is,the more available goods and services are to us,and the higher our standard of living.Based on the definition,managers can raise productivity by making substitutions or by increasing the efficiency of any resource (labor,capital,materials,or energy). Managers can also do the following to improve productivity:

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Harnessing information technology and/or...

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A ______ budget allocates increased or decreased funds to a department by using the last budget period as a reference point.


A) standardized
B) fixed
C) zero-based
D) incremental
E) tactical

F) A) and B)
G) A) and E)

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Typically,operational control is accomplished through reports issued


A) weekly.
B) daily.
C) monthly.
D) annually.
E) randomly.

F) D) and E)
G) B) and D)

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A _____ budget allocates resources on the basis of a single estimate of costs.


A) unitary
B) zero-based
C) cash
D) incremental
E) fixed or static

F) A) and C)
G) D) and E)

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Britta is trying to measure her salon's productivity during the first quarter.For this period,she should divide _______ by the costs of her staff,loans,materials,and utility bills.


A) the number of clients
B) the average daily receipts
C) her budgeted costs
D) the total salon services and products sold
E) her projected revenue

F) B) and C)
G) A) and D)

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A variable budget can be adjusted over time to accommodate pertinent changes in the environment.

A) True
B) False

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Tactical control is performed mainly by


A) the CEO.
B) top managers.
C) middle managers.
D) first-level managers.
E) team leaders.

F) B) and D)
G) A) and D)

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Twice daily,factory workers at Mountain CopperWorks select random samples from the production runs and test them for quality,rejecting runs if too many samples fall outside a standard range of acceptability.These workers are engaged in statistical process control.

A) True
B) False

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______ is the process of instituting ongoing small,incremental improvements in all parts of an organization.


A) MBO
B) Reengineering
C) Radical innovation
D) Continuous improvement
E) Productivity

F) C) and D)
G) B) and E)

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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 percent through additional training for her staff.She is engaged in


A) organizing.
B) controlling.
C) measuring.
D) leading.
E) planning.

F) A) and D)
G) D) and E)

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Except for in rare instances,employees at George's Pro Painting take responsibility for their own work and how it is done,rather than being governed by a rigid set of rules.George's Pro Painting is using decentralized control.

A) True
B) False

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