CE Business Management

____________________ is a management-oriented and production-centered perspective of organizational communication.

• Personnel Management
• Scientific Management
• Logistics Management

Managers conduct capacity planning by:

• calculating the production requirements of their production facility
• estimating shipping costs
• forecasting demand for their product

An Italian restaurant is recruiting a new restaurant manager. They have narrowed down the candidates to two individuals; one a woman, and one a man. Both candidates are equally qualified for the position. The restaurant owner has interviewed both candidates and originally was going to offer the job to the man, but decided he wanted to save money. He ends up offering the job to the woman at a salary $10,000 lower that what he was going to offer the man This is an example of:

• gender discrimination
• racial discrimination
• age discrimination

As a manager, Carl spends a lot of his time helping employees to focus on their work tasks and identify and overcome obstacles. He also ensures that they understand how their efforts contribute to the success of the organization and that they’re motivated to make progress. These activities are a part of which primary function of management?

• controlling
• directing
• organizing

The conclusion of the Hawthorne studies was that:

• meeting individual needs and desires for inclusion in groups and decision-making are very important in employee productivity
• business organizations should be treated as social systems
• a business environment is more scientific than social

Which of the four Ps is defined as setting the monetary amount charged and terms of exchange for a product or service?

• Price
• Promotion
• Place

The four financial statements a company is required to prepare according to GAAP are:

• Income statement, statement of financial position, balance sheet, and statement of cash flow.
• income statement, corporate tax return, balance sheet, and statement of cash flows.
• income statement, balance sheet, statement of cash flow, and statement of owner’s equity.

What prevents some people from starting their own business?

• having too much startup money
• lack of an idea that would distinguish them in the market
• need for security

A team in the __________ phase is transitioning to a period when it focuses on developing shared values and expectations for how to work together and facilitate collaboration.

• storming
• performing
• norming

The SWOT analysis examines an organization’s:

• strengths, weaknesses, operations, and tactics
• strengths, weaknesses, opportunities, and threats
• sales, working capital, operating expenses, and taxes