Quiz 08 Answers - Quiz #8 with answers 1._ The process by...

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Quiz #8 with answers 1.____ 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. Ans: False Difficulty: Easy Learning Objective: 1 Page: 285 2.____ Formal monitoring and evaluation systems that provide managers with information in order to determine if the organization's strategy is working efficiently and effectively are known as control systems. Ans: True Difficulty: Easy Learning Objective: 1 Page: 287 3.____ In general, the more complex the organizational activities, the easier it is for managers to measure organizational outputs. Ans: False Difficulty: Moderate Learning Objective: 1 Page: 290 4.____ Profit ratios measure the efficiency of the use of the organization's resources in generating profits. Ans: True Difficulty: Easy Learning Objective: 2 Page: 292 5.____ The current ratio is an example of the leverage ratios of the organization. Ans: False Difficulty: Moderate Learning Objective: 2 Page: 292 6.____ Output control procedures are used at every management level of an organization. Ans: True Difficulty: Easy Learning Objective: 2 Page: 294 7.____ The set of values, norms, and standards of behavior that control the ways in which employees in an organization interact with each other is known as the organizational culture. Ans: True Difficulty: Easy Learning Objective: 4 Page: 303 8.____ If an organization's control systems are not designed correctly, an organization may not be able to adapt to a changing environment. Ans:
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Quiz 08 Answers - Quiz #8 with answers 1._ The process by...

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