Question: An organization's control process involves Continuous monitoring Regular comparisons between planned and actual performance, Corrective actions or revisions of objectives All of the above Which
- An organization's control process involves
- Continuous monitoring
- Regular comparisons between planned and actual performance,
- Corrective actions or revisions of objectives
- All of the above
- Which one of the below is not a balance scorecard perspective?
- Financial
- Internal processes
- Statistical
- Customers
- Managers need to examine internal and external factors for risk management. Which is one internal factor here?
- The economic environment
- Local government issues
- Work culture and practice
- New technological changes
- Supply chain management these days uses a new concept known as
- GIGO (garbage in garbage out
- SWOT analysis
- JIT (just in time)
- BAS (business activity statement)
- Sustainability in management practices may include
- Improving resource and energy efficiency
- Complying with regulations and corporate social responsibility
- Implementing government initiatives, e.g. Australian government's Greenhouse Challenge Plus
- All of the above
- During a change scenario manager need to
- Understand and communicate the context of change
- Facilitate processes and operations
- Be innovative and tolerant of risk taking
- All of the above
- Time spent by personnel engaged in evaluating the quality of the product is known as
- Prevention cost
- Appraisal cost
- Evaluating cost
- Failure cost
- The advantages of MIS (management information systems) may include all except :
- Creates a competitive advantage
- Facilitate communication
- Helps in better decision making
- Decreases organizational control
- An innovative organization requires
- An organic structure
- Tolerance of risk
- A high degree of autonomy
- All of the above
- Innovation and organizational learning influence
- Employees' performance and behavior
- Agility and responsiveness of the organization
- ICT capabilities
- All of the above
- Six sigma is an approach of
- Managing employee behavior in organizations
- Continuous improvement
- Warehouse systems
- Local area computer networking
- Analysis of the external environment, combined with expert advice, allows
organizations to
- Identify trends
- Their potential impact
- Opportunities
- All of the above
- Porter's Five forces is useful in planning
- Standard operating procedure
- Work culture of an organization
- Risk Management Policy
- Competitive strategy
- In a service industry, companies can achieve higher productivity by;
- Efficient use of ancillary equipments
- Leveraging quality teamwork
- Improved client servicing
- All of the above
- ____________is a management discipline that focuses on the initiating, planning, execution and control of a one-off task that will produce a unique product, service or outcome.
- Project management
- Systems management
- WHS management
- Contingency management
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