FREE MANAGEMENT AND STUDY GAMES ABOUT

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FREE MANAGEMENT AND STUDY GAMES ABOUT

MANAGEMENT CLEP TEST

Actual Qs and Ans Expert-Verified Explanation

This Exam contains:

-Guarantee passing score -89 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation

Question 1: in a break-even chart, the vertical axis shows

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dollars

Question 2: a Gantt chart is useful for (and is primarily used for)

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scheduling Question 3: when one induces others to work toward some objective-- this is one definition of

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leadership Question 4: the view that the various parts of an organization affect one another and that the organization is affected by the external environment and in turn affects the environment illustrates

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systems approach

Question 5: in the classical management theories method of management and in Max Webers theory or bureaucracy it was assumed that in the hierarchical organization, knowledge and experience were greatest

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at the top of the organization

Question 6: the steps in the planning process include

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determine needed solution assign responsibilities and monitor results

Question 7: Peter Drucker's "key result areas" include

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control innovation productivity and social responsibilities Question 8: western bank corporations MIS processes deposit and withdrawal transactions and at the end of each day prints out a report of net increase or decrease in deposits compared to the previous day month and year. in this example deposits and withdrawals are

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data Question 9: when the vice president for human resources issues instructions on personnel reporting procedures to the personnel staff specialist assigned to the plant manager, this would be an example of the use of

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functional authority Question 10: all of the information shown in a payoff matrix can also be (and also often is) shown by a

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decision tree Question 11: a company that sells a similar product worldwide (perhaps with marketing subsidiaries in different countries) is a(an)

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global corporation

Question 12: concern for success as measured by a standard of excellence, preference for immediate concrete feedback and choice of goals intermediate difficulty characterize persons with a high need for

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achievement Question 13: the extent to which an organization operates on the basis of written rules procedures and other documents is called

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formalization Question 14: the process of studying jobs for the purpose of determining how much money should be paid for performing them is called

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job evaluation Question 15: peachy computers has four vice presidents reporting to the CEO, VP for research and development, for engineering and manufacturing, for marketing, and finance&controller.what kind of departmentalization is involved here

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functional Question 16: a leader who consults with subordinates and gets their suggestions when making a decision would be using a ________ type or style of leadership

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participative Question 17: the ethical dimension of business decisions requires that the decision maker consider

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what is feasible profitable and socially acceptable Question 18: determining the mix or blend of fertilizer components that would best achieve some objective would be an appropriate application of

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linear programming

Question 19: staff specialists in the use of quantitative methods for making management decisions are known as

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management scientists

Question 20: the environment of organizations includes

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governments laws customers and other organizations Question 21: an arithmetic logic unit, a control unit and a memory unit or component would most probably be found in a(an)

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central processing unit Question 22: the ABC inventory System focuses attention on those groups of inventory items that are

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most costly and critical to operations Question 23: leadership theories that assert that the same leadership style may be effective in some situations but ineffective in others are known as

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contingency theories

Question 24: in the hierarchy of plans, strategies would be developed before

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operational plans

Question 25: the income statement for a given year would provide

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revenue for the year cost of goods sold and total expenses

Question 26: the scalar principle states that there should be

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a clear chain of command from top to bottom