Questions and Answers of Agribusiness Principles Of Management

The company official who is directly responsible for helping line managers, coordinating the overall control system, and gathering important information to relay to all managers is the ______.
The way in which planning and control are integrated within the business cycle is called the ______-______ ______.
Control that is too narrowly concentrated or fails to balance essential factors is known as ______- ______.
It is well established that agribusiness involves the production and marketing of perishable commodities. Agribusiness appears to need only land, sunlight, and water. This would be a false
What are some examples of different levels of productivity?
What has been the trend in productivity growth in the United States compared with that of other countries in recent years? What differences exist within the U.S. economy?
How are productivity and quality related to one another?
How can managers go about trying to improve quality?
What roles do speed, time, and flexibility play in quality?
Think of a few manufacturing jobs and a few service jobs with which you are familiar. What factors can you identify that might account for productivity differences between them?
Given that productivity and quality are related, efforts to improve them might also be related.
Brainstorm a list of products that U.S. companies seem to make better than foreign competitors. Now do the same for products that foreign manufacturers seem to do a better job with. Can you spot any
Are there limits to quality improvement? That is, is it possible to attain absolute quality?
Can you think of instances where productivity and quality are not related?
The total set of features and characteristics of a product or service that bears on its ability to satisfy stated or implied needs is called ______.
An economic index of the value or amount of what is created relative to the resources necessary to create it is known as ______.
A comprehensive, organization-wide strategy for improving product and/or service quality on a systematic and continuous basis is called ______ ______ ______.
______ quality refers to the quality of an intangible service provided by an organization.
The process of finding out, in a legal and ethical manner, how other firms do something and then either imitating or improving on it is called ______.
How easily the organization can react, respond, or change is known as ______.
The generally understood level of quality that a product or system needs in order to fulfill its intended purpose is ______ quality.
A category of operational techniques that consists of a set of mathematical and/or statistical methods for measuring and adjusting quality levels is known as statistical ______ ______.
______ productivity is determined by dividing outputs by the sum of all inputs used by the organization.
______ productivity is determined by dividing out puts by direct labor.
When Howard Schultz bought the company in 1987, it was a small Seattle coffee bean retailer. It has since grown to nearly 18,000 stores in 60 countries. Not satisfied to be the largest and most
Why has the term “operations management” gradually replaced the term “production management”?
What are the eight key operations decisions managers must make?
Identify the four key areas of operations control.
Name and describe the four types of inventory most organizations maintain.
What is meant by just-in-time scheduling?
How do you use operations management in your day-to-day activities?
Which operations decisions are most related to other managerial activities and which are “purely” operations management?
How is operations planning similar to and different from more general types of planning activities as described earlier in the planning section?
Are some forms of operations control more important for some businesses than for others? Support your answer with examples.
What steps might an organization go through in converting from a traditional to a just-in-time scheduling system?
The total set of activities used to transform resources into products and services is called ______ ______.
The set of products and/or services that an organization sells make up its _____ / ____ _______.
The set of processes used by an organization to transform raw materials and other inputs into appropriate outputs is known as _______.
The time span across which operations managers plan is called ______ ______.
Making sure the organization has an adequate supply of raw materials to transform into products, that there are enough finished goods to ship to customers, and that inventory in process is adequate
The attempt to make sure that inputs and outputs meet desired levels of quality is called ______ ______.
Having things arrive at designated spots when they are needed, rather than being held in inventory before they are needed, is called ________ scheduling.
The process of designing work so that it can be performed by machines is known as ______.
Firms that rely on machines rather than people to do almost all of their work are said to be ______ ______.
Technology that relies on computers to design or manufacture products is ______ - ______ manufacturing.
Food retailing is an extremely competitive environment. In the United States, along with Kroger and Walmart there are competitors from France (Carrefour), Netherlands (Ahold), United Kingdom (Tesco),
What is the difference between information and data?
What are the major components of information systems?
What are the different types of information systems and technologies?
What are the key considerations in managing information systems?
What are the effects and limitations of information systems?
Should computerized information systems be duplicates of paper information systems? Why or why not?
Do the information needs differ so much across organizational levels that different information systems have to be developed, or could an organization really get by with just one system?
Many people refer to the current period of economic development as the information age. Do you think we are really in the information age? Why or why not?
Do you think the chief information officer of an organization can become too powerful? If so, how could that be prevented or corrected? If not, why not?
Comment on this quotation: “The Turing Test of a computer system is designed to evaluate whether or not a user can tell that it is a computer system rather than a human being providing advice. A
______ are facts and figures, unorganized pieces of information, useless until processed or organized in some way, whereas ______ consists of data organized in a meaningful way.
A system designed to handle routine and recurring transactions within an organization is known as a/an ______ - ______ ______.
A system built on a series of rules to move from a set of data to a decision recommendation is called a/an ______ system.
In the information age, the focus is on ______ rather than the computer.
A/An ______ ______ _______ gathers, organizes, summarizes and reports information for use by managers.
A/An ______ ______ ______ is a new form of information system that automatically searches for, analyzes, summarizes, and reports information needed by a manager for a particular decision.
Teleconferencing, telecommuting, and networking are forms of ______.
Connecting independent computers directly together so they can function in interrelated ways is called ______.
An attempt to have computers simulate human decision processes is called ______ ______.
An information system that is designed so that users can easily examine and modify information is known as a/an ______ - ______ system.
Just about everyone involved with supply chain management or manufacturing has copied the Toyota operations model of just-in-time (JIT) manufacturing. Indeed, it has become a business textbook or
What are the strengths and weaknesses of control techniques?
Describe the budgeting process. What are the several types of budgets?
What is financial analysis, and how is it used by organizations?
What are the major types of human resource control? Marketing control?
What are the advantages and disadvantages of using computers in control?
If a frequent misuse of budgets reinforces inefficiency, why do they continue to be misused?
Do all organizations need to use all of the different types of budgets? Why or why not?
Comment on this statement: “If you want low turnover, hire incompetents and pay them well.”
Comment on this statement: “The only real test of a product is to offer it for sale.”
Despite careful market research, many products fail. Why is this true? What does this suggest aboutmarketing controls?
A statement showing a company’s financial position in terms of assets, liabilities, and equity at a given time is known as a/an ______ ______
An organization’s plan expressed in quantitative terms is called a/an _____.
Raw materials that go into each product, electricity used to operate machines, and commissions paid are examples of _____ _____.
_____ _____ assess how easily the assets of the organization can be converted into cash.
A/An ______ ______ summarizes income and expenditures over a period of time.
The proportion of the total market controlled by the firm’s products is known as _______ ______.
______ ______ detail where and when the organization intends to get its cash for the coming period and how and when it intends to use it.
Dividing net income by total assets produces a ratio known as _____ _____ _____, which indicates how effectively the organization is using its assets to earn additional profits.
_____ _____ is a marketing ratio that is determined by dividing net income by sales.
Turnover, absenteeism, and workforce composition are examples of ______ ______ ratios.
What are the major functions of management? Briefly describe each.
Do you think an organization could function effectively without planning? Why or why not?
What is corporate culture, and why is it important?
What is a psychological contract?
Suppose a manager thinks there is too little conflict in the organization. Would it be ethical to stimulate conflict? What are the inherent dangers in doing this?
What is job specialization? What are its benefits and limitations?
What is meant by departmentalization? What are the common bases for departmentalization?
Identify and describe the major parts of the delegation process.
What are centralization and decentralization?
What are the major differences between tall and flat organizations? Why are these differences important?
What are the major factors influencing group effectiveness?
Specialization has dominated organizations for centuries. Do you think it is likely to continue, or will companies move toward less specialization in the future? Why or why not?
How can organizations deal with the boredom and dissatisfaction created by specialization? Suggest ways other than those mentioned in the chapter.

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