Pre-Assessment C483 Principles of Management

Pre-Assessment C483 Principles of Management Leave the first rating Students also studied Terms in this set (50) Social SciencesBusinessBusiness management Save Test Prep - WGU - Principles of Man...105 terms C_BondePreview Principles of Management - C483 W...117 terms saddafie89Preview WGU C483 - Principles of Managem...430 terms rwdixon1993Preview Princip 51 terms Sha An employee was recently promoted to an executive level management position in an organization.Which type of planning will this employee manage in this new role?Strategic A manager is asked to initiate activities that will support environmental scanning.Which activity should be used by this manager for this purpose?Monitoring competitors A manager, who is acting as an internal consultant, is asked for a product recommendation. Which activity is this manager performing?Determining appropriate software to be purchased A manager is responsible for controlling and overseeing a small company.Which management attribute is needed to undertake this set of responsibilities?Resource allocator

The chief operating officer (COO) of an organization understands how the various parts of the system are interdependent. The COO also recognizes how the smooth operation of the organization of the organization produces value for customers.Which type of leadership skill is being illustrated by this COO?Conceptual A professional is widely recognized in an organization as an effective leader based on a track record of effective interaction with all staff members.The professional consistently handles any situation, positive or negative, that may evolve and does so without using systematic rewards or punishments.Which theory of leadership describes this professional's effectiveness as a manager?Contingency A manager is focused on how well employees work together as a unit.Which attribute of leadership is this manager exhibiting?Developing Relationships A chief executive officer (CEO) wants all future decisions to be made by only a few of the senior managers and then passed down to the employees.Which type of organizational structure does this CEO want to put in place?Centralized Centralized An organization has developed a new product that it believes will be very popular during the coming holiday season and wants to make sure it sells as many units as possible.Which strategic operations decision should this organization make to meet this goal?Adding a second shift of workers to help meet customer demand A new chief executive officer (CEO) is reviewing the duties of the position. The CEO is especially concerned about meeting the responsibilities associated with the strategic functions of the organization.Which activity will be part of these functions?Marketing Management Which short--term goal addresses a strategic operations decision to meet increased customer demand?Increasing production output by hiring more labore

A manager is planning long term to track revenue performance and return on investment for shareholders.Which component of the SMART goals has this manager captured in this goal?Measurable A manager sets a company-wide goal of completely eliminating the company's dependence on fossil fuels for production within the next two (2) years.Which aspect of SMART goal planning does this represent?Time-Bound A manager and board members of an organization want to increase website traffic by 20%.Which aspect of SMART goal planning does this represent?Specific An organization has established a long-term strategic planning goal of increasing revenues over the next five (5) years.Which operational strategy supports measurement of goal achievement?Communicating the percentage of revenue increase expected each year A hospital administrator is tasked with improving the hospital's rating in the next 12 months.Which SMART goal attribute is identified?Time-Bound A manager writes the following goal for the hospital

emergency department:

"Pediatric emergency room wait times will decrease by 10?" Which SMART goal attribute is identified?Measurable The manager for a large manufacturer has started planning next year's budget. Having an adequate number of welders will be crucial to meeting department goals, so the type of budget chosen must include wages to ensure the needed level of staffing is addressed.Which type of budget should be used to ensure this item is included?Direct Labor Which element is part of a manufacturing budget? Salaries for production managers What is the purpose behind comparing actual revenue and expenses to expected revenue and expenses?To identify performance variations

Why is it important to use the project budgeting process to create stakeholder buy-in?To obtain necessary project resources A new chief executive officer (CEO) plans to implement significant reorganization throughout the company.Several departments will be combined and a few vice presidents will be moved into other positions.Which type of change is this CEO planning?Structural A restaurant owner makes the decision to switch from being a pizza franchise to selling gourmet meals featuring local produce in a farm0t0table restaurant.Which type of change is this owner planning?Tranformational A real estate office is upgrading the way data are stored on the servers. Instead of keeping data locally, the company will purchase cloud storage space, which will allow agents access to data in the field.Which type of change is being proposed?Technology The chief operating officer (COO) for a large manufacturing firm wants to implement number of business process reengineering procedures in an effort to reduce manufacturing time.Which component must this COO communicate to leadership at this stage?Strategy The chief operating officer (COO) for a technology company has slowly hired employees with the same vision of innovation, and this has resulted in a forward- thinking business culture.The COO anticipates threats in the market and is working to develop a company that is agile and able to quickly respond to competitor threats and market opportunities.Which leadership style is being used by this COO?Continuous A professional has been asked to help an organization prepare the employees for the addition of a major new product line outside the company's traditional core competency.Even though this is a risky venture, the new product has been judged to be critical to the company's survival.Which change management strategy should be used to reduce barriers to this effort?Identifying change leaders within the organization to communicate the need for change