McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Cost Accounting .
| 901. |
You are a member of a work team whose goal is to improve the efficiency of the production process. Your team is best described as: |
| A. | Production-oriented. |
| B. | Goal-oriented. |
| C. | Problem-solving. |
| D. | Self-managed. |
| Answer» C. Problem-solving. | |
| 902. |
Work groups of employees and supervisors that meet regularly to discuss their quality problems and recommend solutions is a form of participative management called: |
| A. | Goal-oriented teams. |
| B. | Quality circles. |
| C. | Department teams. |
| D. | cooperative groups |
| Answer» B. Quality circles. | |
| 903. |
Self-managed work teams are generally: |
| A. | Groups of employees who take on the responsibilities of their former supervisors. |
| B. | Those who meet weekly to discuss ways of improving quality, efficiency, and work environment. |
| C. | From different work areas, but at similar hierarchical levels, who work together to accomplish tasks. |
| D. | Employees who take on responsibilities for other employees unable to make decisions. |
| Answer» A. Groups of employees who take on the responsibilities of their former supervisors. | |
| 904. |
____________ teams are employees from about the same hierarchical level, but from different work areas, who come together to accomplish a task. |
| A. | Work-related |
| B. | Self-managed |
| C. | Cross-functional |
| D. | Problem-solving |
| Answer» C. Cross-functional | |
| 905. |
______________________ teams are an effective way to allow people from diverse areas within an organization to exchange information, develop new ideas and solve problems, and coordinate complex project. |
| A. | Multifaceted |
| B. | Problem-solving |
| C. | Quality circle |
| D. | Cross-functional |
| Answer» D. Cross-functional | |
| 906. |
Virtual teams are characterized by: |
| A. | Employees who are given the authority to implement any of their suggested actions |
| B. | Individuals from different work areas who come together to accomplish a task. |
| C. | Groups of employees who take on the added responsibilities of their former managers |
| D. | Use of computer technology to communicate with individuals at different worksites. |
| Answer» D. Use of computer technology to communicate with individuals at different worksites. | |
| 907. |
Which of the following is not useful in building trust? |
| A. | demonstrate that you’re working for others’ interests as well as your own |
| B. | demonstrate competence |
| C. | Maintain confidences. |
| D. | Keep your feelings to yourself. |
| Answer» D. Keep your feelings to yourself. | |
| 908. |
The stages of group development are: |
| A. | initiating, storming, norming, performing, adjourning |
| B. | introduction, high productivity, decline |
| C. | Initiation, evolution, maturation, and decline. |
| D. | Forming, storming, norming, performing, adjourning. |
| Answer» D. Forming, storming, norming, performing, adjourning. | |
| 909. |
In the second stage of group development: |
| A. | Close relationships are developed. |
| B. | The job task is performed. |
| C. | intragroup conflict often occurs. |
| D. | Group objectives are clearly formulated. |
| Answer» C. intragroup conflict often occurs. | |
| 910. |
After which stage of a group‟s development has the group formed a common set of expectations of member behaviours? |
| A. | Performing |
| B. | planning |
| C. | norming |
| D. | stormin |
| Answer» C. norming | |
| 911. |
According to the punctuated-equilibrium model, all of the following are true about groups except: |
| A. | The first meeting sets the group’s direction |
| B. | A transition takes place at the end of the first phase which occurs exactly when the group has used up one third of its allotted time. |
| C. | The group’s last meeting is characterized by markedly accelerated activity. |
| D. | The first phase of group activity is one of inerti(a) |
| Answer» B. A transition takes place at the end of the first phase which occurs exactly when the group has used up one third of its allotted time. | |
| 912. |
In order to reinforce team effort and commitment, managers should consider the use of: |
| A. | fixed hourly wages. |
| B. | flexible benefits |
| C. | rate individual piece plans |
| D. | recognition and small financial rewards |
| Answer» D. recognition and small financial rewards | |
| 913. |
Successful teams translate their _______ into specific, measurable, and realistic performance goals. |
| A. | Roles |
| B. | norms |
| C. | common purpose |
| D. | skills |
| Answer» C. common purpose | |
| 914. |
_____________ is reliability, predictability, and good judgment in handling situations. |
| A. | Consistency |
| B. | Openness |
| C. | Loyalty |
| D. | Integrit |
| Answer» A. Consistency | |
| 915. |
_______________ is a characteristic of high performance teams where members believe in the integrity, character, and ability of each other |
| A. | Trust |
| B. | Openness |
| C. | Loyalty |
| D. | Worthiness |
| Answer» A. Trust | |
| 916. |
All of the following are advantages of diversity except: |
| A. | greater openness to new ideas. |
| B. | increased cohesiveness |
| C. | increased creativity. |
| D. | increased flexibility. |
| Answer» B. increased cohesiveness | |
| 917. |
The strongest case for diversity on work teams centres around: |
| A. | the fact that miscommunication is unlikely to occur. |
| B. | eliminating confusion and miscommunication. |
| C. | quickly solving problems by eliminating ambiguity. |
| D. | bringing multiple perspectives to discussion and thus increasing unique solutions. |
| Answer» D. bringing multiple perspectives to discussion and thus increasing unique solutions. | |
| 918. |
When managing a diverse team, it is important to keep in mind that: |
| A. | it will be easier to reach agreement on specific actions. |
| B. | the lack of a common perspective means that more time is spent on discussing issues |
| C. | communication should be easier because the group is diverse. |
| D. | diverse groups are generally less creative |
| Answer» B. the lack of a common perspective means that more time is spent on discussing issues | |
| 919. |
The challenge of creating team players will be greatest where the national culture is: |
| A. | competitive |
| B. | collectivist |
| C. | individualistic |
| D. | pluralistic |
| Answer» C. individualistic | |
| 920. |
The challenge of creating teams is less demanding for management when teams are introduced where employees have strong _________ values |
| A. | collectivist |
| B. | competitive |
| C. | pluralistic |
| D. | cooperative |
| Answer» A. collectivist | |
| 921. |
When designing reward systems for teams, it is best to encourage cooperative efforts rather than ____________ ones. |
| A. | Collectivist |
| B. | competitive |
| C. | cooperative |
| D. | individualistic |
| Answer» B. competitive | |
| 922. |
If companies value teamwork, then promotions, pay raises, and other forms of recognition should be given to individuals for how effectively the work as: |
| A. | individuals |
| B. | team members |
| C. | group members |
| D. | leaders |
| Answer» B. team members | |
| 923. |
In our model of decision making under different conditions, what is the difference between risk and uncertainty? |
| A. | Under risk, there is a well defined problem; under uncertainty, the definition is unclear |
| B. | Under risk, choices are clear and the chances of different outcomes can be measured; under uncertainty, neither applies. |
| C. | Under risk, probabilities can be measured; under uncertainty, they cannot. |
| D. | Under risk, information is reliable; under uncertainty, it is not. |
| Answer» B. Under risk, choices are clear and the chances of different outcomes can be measured; under uncertainty, neither applies. | |
| 924. |
When a manager knows little about the intended goals of a decision and the outcomes of the options are unclear, what type of situation are they in? |
| A. | Uncertainty |
| B. | Risk |
| C. | Certainty |
| D. | Ambiguity |
| Answer» D. Ambiguity | |
| 925. |
Decision making situations can be categorized along a scale which ranges from……… |
| A. | Uncertainty to certainty to risk |
| B. | Certainty to uncertainty to risk |
| C. | Certainty to risk to uncertainty to ambiguity |
| D. | Certainty to risk to uncertainty |
| Answer» C. Certainty to risk to uncertainty to ambiguity | |
| 926. |
A firm that is involved in two or more distinct businesses is known as: |
| A. | A diversified company |
| B. | A ventured company |
| C. | A restructured company |
| D. | A multinational corporation |
| Answer» A. A diversified company | |
| 927. |
Which of the following describe(s) a global marketplace? |
| A. | The entire world is a marketplace |
| B. | National borders are irrelevant |
| C. | The potential for organizations to grow expands dramatically |
| D. | All of the given options |
| Answer» A. The entire world is a marketplace | |
| 928. |
The __ of a strategy specifies the range of markets in which an organization will compete |
| A. | Scope |
| B. | Distinctive Competency |
| C. | Resource deployment |
| D. | Effective strategy |
| Answer» A. Scope | |
| 929. |
When a manger made a decision and he is uncertain about the outcomes. His decision is likely to be: |
| A. | Of Poor Quality |
| B. | Unacceptable |
| C. | Successful |
| D. | Risky |
| Answer» D. Risky | |
| 930. |
Non-programmed decisions are typically made under a condition of which of the following? |
| A. | Certainty |
| B. | Low levels of risk |
| C. | Uncertainty |
| D. | Reliability |
| Answer» C. Uncertainty | |
| 931. |
Which of the following is part of the 14 principles of management identified by Henri Fayol? |
| A. | Scalar chain |
| B. | Innovation |
| C. | Efficiency |
| D. | Motivation |
| Answer» A. Scalar chain | |
| 932. |
A well-designed goal should be: |
| A. | Short and very specific about expected outcomes |
| B. | Written in terms of outcomes rather than actions |
| C. | Identifiable to even the first-line supervisors |
| D. | Specific and within a manageable time frame |
| Answer» B. Written in terms of outcomes rather than actions | |
| 933. |
The threat of new entrants is the extent to which new competitors can easily enter a market. Thus the threat of new entrants for a local restaurant than a automobile company is |
| A. | High |
| B. | Low |
| C. | Moderate |
| D. | Equal |
| Answer» D. Equal | |
| 934. |
Which of the following BEST describes directional plans? |
| A. | Flexible plans that set out general guidelines |
| B. | Stringent plans that establish specific directions |
| C. | Formal plans that provide the directions of how to assemble the product. |
| D. | General plans that allow the workers to change the schedule of production |
| Answer» A. Flexible plans that set out general guidelines | |
| 935. |
SWOT analysis divides organizational strengths into two categories; common strength and__. |
| A. | Strategic imitation |
| B. | Competitive edge |
| C. | Competitive parity |
| D. | Distinctive competencies |
| Answer» D. Distinctive competencies | |
| 936. |
Planning is often called the primary management function because it: |
| A. | Offers some basis for future decision making |
| B. | Creates the vision for the organizational members |
| C. | Establishes the basis for all the other functions |
| D. | Sets the tone for the organizational culture |
| Answer» C. Establishes the basis for all the other functions | |
| 937. |
The organization that has developed the capacity to continuously learn, adapt, and change is called: |
| A. | Virtual organization |
| B. | Learning organization |
| C. | Traditional organization |
| D. | Bureaucratic organization |
| Answer» B. Learning organization | |
| 938. |
Which of the following is important in effectively implementing the chosen alternative in the decisionmaking process? |
| A. | Getting upper-management support |
| B. | Double-checking your analysis for potential errors |
| C. | Allowing those impacted by the outcome to participate in the process |
| D. | Ignoring criticism concerning your chosen alternative |
| Answer» C. Allowing those impacted by the outcome to participate in the process | |
| 939. |
Cultivating a learning culture where organizational members systematically gather knowledge and share it with others in the organization so as to achieve better performance is called: |
| A. | Knowledge management |
| B. | Technical management |
| C. | Software management |
| D. | Systems management |
| Answer» A. Knowledge management | |
| 940. |
Which one of the following individuals is most closely associated with scientific management? |
| A. | Frederick Taylor |
| B. | Mary Parker Follett |
| C. | Harold Koontz |
| D. | Max Weber |
| Answer» A. Frederick Taylor | |
| 941. |
All of the following are steps in objective setting, EXCEPT. |
| A. | Specify deadlines |
| B. | Allow the employee to actively participate |
| C. | Link rewards to effort |
| D. | Prioritize goals |
| Answer» D. Prioritize goals | |
| 942. |
Concern for employee motivation is most closely associated with which of the following management approach? |
| A. | Bureaucracy |
| B. | Organizational behavior |
| C. | Scientific management |
| D. | Systems |
| Answer» B. Organizational behavior | |
| 943. |
An appropriate managerial behavior in a given situation that depends on a wide variety of elements, is called: |
| A. | Open system |
| B. | Contingency perspective |
| C. | Entropy |
| D. | Quantitative perspective |
| Answer» B. Contingency perspective | |
| 944. |
A budget is an example of which of the following plan? |
| A. | Strategic plan |
| B. | Single use plan |
| C. | Informal plan |
| D. | Standing plan |
| Answer» B. Single use plan | |
| 945. |
Which of the following is best described as doing something differently and has been described as discontinuous or complementary change? |
| A. | Entrepreneurship |
| B. | Innovation |
| C. | Variance |
| D. | Enterprise |
| Answer» B. Innovation | |
| 946. |
First-line managers are responsible to report to: |
| A. | Top level mangers |
| B. | Middle-level mangers |
| C. | Supervisors |
| D. | Operational mangers |
| Answer» B. Middle-level mangers | |
| 947. |
Associations of different nations like European Union & NAFTA have been established to: |
| A. | Share the armies of each other |
| B. | Stabilize the political systems |
| C. | Promote open trade among nations |
| D. | All of the given options |
| Answer» C. Promote open trade among nations | |
| 948. |
Discrepancy between existing and a desired state of affairs is called: |
| A. | Opportunity |
| B. | Solution |
| C. | Weakness |
| D. | Problem |
| Answer» D. Problem | |
| 949. |
Low level management has a complete authority to make decisions in case of: |
| A. | Centralization |
| B. | Decentralization |
| C. | Scalar Chain |
| D. | Order |
| Answer» C. Scalar Chain | |
| 950. |
Which of the following is called an input to a system? |
| A. | Materials |
| B. | Products |
| C. | Services |
| D. | Employee behavior |
| Answer» D. Employee behavior | |
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