Bus 101 Management Questions with Accurate Answers

Bus 101 Management
Questions with Accurate
Answers
4 main drivers of supply chain management correct answer Facilities, Inventory,
Transportation, Information


4 qualities of data usefulness correct answer Quality, Completeness, Timeliness,
Relevance


5 roles of today's managers correct answer guide, train, support, motivate, and
coach employees


7 steps of Decision making correct answer 1) Defining the situation, 2)Describe
and collect needed information, 3)Develop alternatives, 4) Develop agreement
among those involved, 5) Decide which alternative is best, 6) Implement, 7)
Determine whether the decision was a good one and follow up


Controlling
management process of
________________________________________________ to ensure that it is
meeting its goals
3 tactics of doing so correct answer 1) monitoring an organization's performance
-key performance score cards
-variance analysis
-plan adjustments

, Facilities: Operational Design
Product focus vs. Functional focus correct answer product focus- focus on making
one product
functional focus- facilities produce multiple products


HRM
-The set of organizational activities directed at 1.a)___________,
2.a)___________, and 3.a)___________ and effective workforce
-process of determining human resource needs and then 1.b)__________,
2.b)____________, 3.b)____________, 4.b)_____________, 5.b)__________,
6.b)____________, and 7.b)___________ employees to achieve organizational
goals correct answer Human Resources Management
1.a) attracting
2.a) developing
3.a) maintaining
1.b) recruiting
2.b) selecting
3.b) developing
4.b) motivating
5.b) evaluating
6.b) scheduling
7.b) compensating


Inventory
Cycle vs. safety vs. seasonal correct answer cycle- amount needed to satisfy
demand