ADM1300 Exam - ‘ {:flm 1% f Section A: Definitions [Ill...

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Unformatted text preview: ‘ {:flm 1% f Section A: Definitions [Ill marl-:5; 1 mark each; answer in as much as pmaibleJ 1- SEW: Ughfifi Hue preciUL-Jr fie. in.wa 3—; 4ran *hfi Eum 0’? ME M*5 (Q ’33!" We mm’tfimfiflrflm mm“ m W Euniufier- e? H Emmr Wt lMainlenanee Nee-la: is: W minlmm ’1— Damn \ {we-1&1: in: flurui‘dfl The, mfiflffi fl. wmpanama in Herbie-we, warm :9} Hfififlfl Eww’m {(3.11 J $193+”) 4. pan of Management .‘7 Jrhf mfi#m1 Mir Jr‘er mmaerjmflmfigmenf ME: iPuIicy: m 1-: mm+ EL Wang mi“ $arnmiifig‘rfl "IJ'FB /Eflaumerb Lin. Ename- Fem-.1 - meneq milk. gut-mm in not-writ? 9-; ‘Ilr i1: a. TUE: ffffiuiflfiflh Haa'r we mm M!— him. aP E r 11* u t 1 . WEE- :11 WE: ENE: hflflt’l‘ it) mmfifllfi Wflif‘ "Fe :3"? Jrlne. ‘n Ema-5:," '11} new amrm are: made amilahle Jc'nE” {new be [135.211 Ernie w Hag” unanio Jrhf'm /7.Dilri:lend: it; a, ?JCHW+ E. 1:} 1 :1 PFC: 1+ haii’f‘fl gammy: ELIE‘JEE. man Me: 3:503: NIH“ infirm mmjdm‘ea 0F "7 mamfim ELM timing 0'? E'rnL‘I‘hfi We. . Mfg f comm neecke: +9 barre-m mnflq 4pm If: bflfiki inE-‘I‘Eflfl a? gnit‘fi hafikffl'ifir W i=0 m 0. MW 111 flmrmmap W mm :3an 1m 0 amounflcnpi‘m‘t ‘H‘flfi' M 1‘ wrbfl iF 'H'fiq {an ban-Ha? Wmmgg III]. Hemeustaais: we}! raging 43-? fhfl bflflifffig r‘r .L'] 2 1. 1irrateialsle rosts include: a. rent or mortgage payments b. salaries of; produetion costs d. Insurance pre 13' f. .45. rf' LA" ed: is of little eonee f. .D'lsrre a flu. . all of the above are correct answers none of the above is partly behavioral in nature an be predieted exactly by using the EEC. "I in today's dynamic environment both a and e above are correct none of the above tionni'tn-r lneome : equals disposable ineome minus essentials b. equals gross income minus taxes _.e: equals taxes plus essentials alf'does not affect tends}.r Jeff—equals gross income 1‘. none of the above Th- the physi {is the form e. all of H1 L none of the a '5 business manager plus dispensable Ineouae organisational stmfiore eal setting. 3] Drganizaflonal structure e above are eorreet answers hove ti. Fired Costs: a. include raw materials purchased for production purposes 1:. vary slightly as production dictates IE. when subtracted from total costs equal variable costs :1. enly exist when productivity exists e+ are included in the Missien Statement {if an neganiratinn t. only a and e above are correct answers '5". The Rights of all shareholders include: I. the right to inspect the company's boolcs b the right to receive a dividend each year c. two votes for each share of stock held lit a guaranteed rate of return on the shareholder's investment e. all of the above are correct answers 1'. only a and b above are correct answers 3. Debt financing include-5: a. the selling ef bonds [:-+ the selling of stoclc IE- tlle borrowing of money dt interest rates and maturity date; a. all {if the above answers are correct except b 1'. none of the above '1 The 1'r’trticles of Partnership-Er a. are required by Canadian law when forming a partnership arrangement Ir. can only be prepared by a lawyer c. form the "charter" of the corporation d. all 91' the above answers are correct e+ only a and b above are correct answers I: none of the above It}. The "Quantitative fipprnach to Management“ was: ti. primarily a result of inconsistent decision-making hconcerned principally with the Hawthorne Plant Eitudr'es Ellis“ it'icantly utilized in the 1930's d. all of the above answers are cane-ct e. none of the above ‘L'lil- Situational Management: “a. supporls Fayol's beliefs he sees management as a universal process @is based en ebserv atinn “dcis one of the IZonternplorary Approaches to Management e. all of the above answers are correct it 'I'II'I'I'III nf Illa:- Jilin-Iro- 412. The environment in which we live is: _ dynamic t stagnant c. pluralich ti. closed e. all of the above answers are correct f. both a and c above are correct 13. The manager's ioh may best he described b’jl' which one @comisining and coordinating various resources in order to achieve the organizafion's goals Is. maximizing long-term operations c. the simple process oE contributing workers and line managers “:1. assuring the realization of a profit ‘1‘ manipulating the environment so as to organization :t'+ none of the alsove improve its relationship with the lei-ILThe general environment of most organizations following? 1: ion a. economic and technological dimensions 11“:}____t t h. sociocultural and political-legal dimensions Ht ugh"? c. international and economic dimensions ti. both a and i:I above are correct {Eric e+ all of the above answers are correct {it none of the aisove {.15 Factors of production include: [all land 1:. labour c. capital cl. both a and c above are correct e. all of the above answers are correct E. none of the above 16. The skill that involves a manager's ability to thinlc in the abstract is called: a: technical hr+ analytical It. human skill 11: managerial skill % conceptual skill f. all n!“ the above skills ate necessary.r to thin]: in the altitract 1?. Skills necessary to accomplish specialized activities are referred to as whren one of the following? a+ hurnan skills Lb. tflhnieal skills c. conceptual skills d. diagnostic skills e. analytic slu'lls f. all of the answers above are correct 15. Which one of the following decision states is characterized by the decision rualcer not knowing what the alternatives are? a. risk is. certainly {it uncertainty d. hyperbole symposium e. all of the above answers ate correct f. none of the above iii-.11 Unique, unstructured decisions are: a. programmed in. repetitive c. nunspmgrammed «:1+ usually handled by the clerical staff e. paramorphic in nature fl. none of the above 1|]. What is the first-step in the defisinnvmaking process? “it. organising a taslc force to review the situation in question “be gathering as much information as possible 'c. recognizing that a decision is neon-soar].r "IL developing alternative courses of action We. hiring a management consultant to ensure proper analysis E. none of the above 2‘1. The first piece-rate system was developed by: a+ Henri Fayol 1:. Elton Mayo EW. Taylor . Frederick Piece e. the state of Nevada Gaming Commission 1'. none of the above 11. Who started his.th rareer as a bricklayer? a. Henri Favol huflhn Gilbreth 4:. Frank Gilbretlt . Elton Mayo ‘Ie.IL both b and t: above are correct t. none of the above 1!. The 'l'heor}.r I and Y approach to the Behavioral School of Management was a result of the work of: a. Che-rte! Barnard "i. Lynda]! Urwielt Max Weber Douglas MaeGregor e. all of the above answers are correct ft none oi the above RE. The 'General Principles of Management‘ were develop-ed by: Peter Drueker Frederick Iilltind e. Henri Fag-fol. E. none of lhe above 2.5. Limited liability “a. exists only in general partnefihlps 'is is a disadvantage of all eorporations IE) is nonvesistent for a sole proprietor “dentists in all- forms of owmrship e. all of the above answers are eorrert 12 none of the above 4t- 15. Adam Smith: a. wrote Cheaper by; the Dozen b. was one of the first marketers of Australian hair shampoo outlined the ronrepts of etteetiveness and. motivation . wrote The Decline of Nations e. both r. and d above are rorrert [t none of the above 425'. According to the test, an organization: 1L1 is a social entity tEll} is driven by goals 1;: is made up of resources 11. is structured on a formal basis e. all of the above are correct f. none of the above It. Ctrganisafions have four things in common. These include: ? people closed systems c. a lack of any resources d. unstructured human and physical resources e. all of the above are correct f. none of the above :9. Managers must ensure that organieafional resources are used: a. efficiently be effectively c. economically (3. all of the above are correct e. none of the above 31]. Planning: ‘tn. determines the composition of worlc groups “he involves the mapping of effective communication networks E; decides on the objectives that should be pursued “It-L involves influencing the employees to tnalce things happen e. all of the above are correct f. none of the above 31+ Organizing: at prepares the wort: plans that will guide the organization is assesses future conditions and schedules actions required 'n assesses results against expectations 1% determines the wayr in which work and activities are to be coordinated e. all of the above are correct 1'. none of the above 32. Leading: “Ha. bridges the gap between where a business is and where it wants to be “15‘ selects the best solutions c. is the process of integrating all the managerial functions a; makes things happen e+ all of the above are correct f. none of the above 33. Controlling: g is defined as a process of comparing actual performance against standards and making corrections if necessary ‘ihI focuses almost exclusively on interpersonal relationships 1% "ct involves motivation “cl.k is the least important of the managerial functions all of the above are correct L none of the above 3-1. Henry Minlzberg: @ has explained the characteristics of managerial work has developed a model of consumer buying behaviour we.“ has studied the effects of working conditions on the employee "III,L has studied the nature of employee workloads e. 1'. all of the above are correct none of the above 35. Informational roles: a+ are necessary to keep organizations running smoothly “hi can be grouped under the headings of figurehead, leader, and liaison c. involves activities dealing 1with motivating @ deal with obtaining and disseminating information e. all of the above are correct f+ none of the above "F-fifit Technical skills: ‘at deal with the ability to build teams h. are needed by managers to perform specialized jobs 1%} are important to all managers "d. assist in giving and receiving information e. all of the above are correct f. none of the above 3?. The managerial functions include: at planning h. organizing c. leading d. controlling ($13 all of the above are correct none of the above 33+ The organizational functions refer to: a. operating activities ts functional activities 1:. marketing it. finance e+ human resources {9 all of the above are correct g. none of the above 35. The first thing that managers must do is to: Er ell-1 b. lead c. organire cl. set up proper controls e. can not determine from information given I. none of the above if“. Henry Minizhergrs book, The Home: of Manager-mi Work, depicts: a. the organizational structure of most businesses (E! the characteristics of managerial work and roles I; 1What managers really do at work cl. both h and c above are correct e. both a and 1;- above are correct I'- all of the above are correct g. none of the above 4']. Managers, according to Miniaherg: a. spend more time on individual work than group worlc {E spend more time in meetings than on individual work c. spend an equal amount of time in meetings and on individual work :1. spend more than 45% of their time with subordinates e. all of the above are correct f. none of the above All Mintab-erg's research indicated that: El managerial activities are characterized by lctre'I..'it_1.I'r variety, and fragmentation In. most managerial work is done at an I'evert pace“ c. managers prefer activities that are not 1well defined cl. managers determine in large measure how they Will spend their time e. all of the above are correct f. none of the above 53. Management a. is I recent phenomenon h. can be traced haclt to the early lfimrs g is seen to be a process all of the above are correct e. only I: and :- above are correct 1'. none of the above 54. Factors that influence approaches to management include a. economic forces 1:. political forces c. social forces 1!. technological forte-s E. global forces (Q. all of the above are correct g. only b, c, and d above are correct 55+ Stakeholdeqt'l’artnefl include: 1+ shareholders ll. management c. employees d. labour unions e. lenders {a} all of the above are correct g. only a and e are correct answers L56. Stakeholdeflnterest Groups include: ha.“ shareholders I'th employees X are hired by most businesses “elk are not regulated by the Federal government e+ all ot' the above are correct 1'. none of the above 515". The competitive forces of the taslc environment include: Kl.“ shareholders In special interest groups " minority groups Q substitute products or services e. all of the above are correct l-'. none of the above EB. Hot--r many different types of partners exist? a+ only one b. hvo 1:. three II. [our '3 five 1'. none of the above -'|r 59. Adaptive fleeisions: a. do not respond to changes in the market place are also associated wllb continuous Improvement are made by few managers at few levels in an organization are not related to customer service all of the above are correct none of the above safisfieing Model: was first introduted lit the mid-50's was developed by Hans Been-er suggesla that salisfleing is not a deliberate thoiee suggests that managers desire to handle as many alternatives as possible all of the above are correct none of the above as see-6'; if?!"fo AME-SHIVle SHEET TD MULTIPLE CHDICE QUEETIDNS INSTRUCTIONS: Please til-ch the must curred mswn fur each multiplr chain: quest-inn. DD NUT UETACH ANSWER EIIEEI'S FROM THIS EIANHIEI! 1. a h I: d. f 13' 2. I I: I3 :1 E f 1!]. g“- h c d L" f 1']. a b 11 Q h- I: d E' E 1.1. Er h 14. a. I:- 1' d e Ii? 1 5. a. h 1: d E f 16. a I: u: d E; f 1 :r. a “I: I: d e E - 15. i b d E f '19. a h u: d L- II}. a b C- H... '1 Hr». 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This note was uploaded on 10/19/2010 for the course ADM ADM1300 taught by Professor Koppel during the Spring '09 term at University of Ottawa.

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ADM1300 Exam - ‘ {:flm 1% f Section A: Definitions [Ill...

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