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Exercise 13: Chapter 13 Managing Business Enterprises
Multiple choice
1. The main steps of the controlling process include all of the following except _B_____.
A. taking corrective action B. establishing planned activities
C. comparing performance to standards D. measuring performance
2. Production is the transformation of organizational resources into __D____.
A. profits B. pans
C. forecasts D. products
A particular linkage of mission, goals, strategies, policies, rules, human resources, and raw materials that facilitates carrying out a process is a __A____.
A. system B. process
C. strategy D. plan
4. The reputation of an organization is determined by _D_____.
A. its size B. its style of management
C. its profits D. its product quality
5. The process of directing others toward the accomplishment of some objective is: __C____.
A. communication B. controlling
C. leadership D. managing
The desire to do something better or more efficiently than it has ever been done before is known as the need for ___B___.
A. acceleration B. achievement
C. acclamation D. actualisation
A complete definition of a plan is __C____. A . the company ’ s buildings and fixtures B. a projection of future sales
C. a specific action proposed to help the company achieve its objectives D. a policy meeting
Scheduling can best be described as __B____. A. the evaluation of alternative courses of action
B. the process of formulating a detailed listing of activities C. the process of formulating goals and objectives
D. the calculation of the break-even point
Performance appraisals are important in an organization because they _D_____. A. provide systematic judgement to support promotion
B. provide a basis for coaching and counselling
C. let subordinates know where they stand with the boss
D. all of the above
A management responsibility guide can assist organization members in the following way _D_____.
A. by describing the various responsibility relationship that exist in their organization
B. by summa
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