Business Management II Exam I

Front

Managerial control is the management function that involves

Back

monitoring the work effort by comparing actual results to standards.

Front

Managerial control goes hand in hand with the management function of

Back

planning.

Front

The primary way that managers control employees is by

Back

making sure employees are doing what they are supposed to be doing.

Front

When managers control their businesses’ finances, their primary goal is to ensure that the organization is spending more money than it is taking in.

Back

the company is using its funds wisely, while earning as much as it can.

Front

Which of the following presents serious security risks that managers must monitor and control: Employees, Technology, Production of goods, Marketing?

Back

Technology

Front

A manager sets rules for how employees should clock in and out of a shift. This is an example of a __________ control.

Back

feedforward

Front

A quality-control manager inspecting a production line while it is in operation is an example of a __________ control.

Back

concurrent

Front

Controls that monitor performance after it has already occurred are called __________ controls.

Back

feedback

Front

Managerial control makes it possible for businesses to

Back

stay on track toward achieving their goals.

Front

Controls help managers make informed decisions by

Back

providing evidence and facts needed for decision-making.