Question

7. To which phase of the management process does each activity relate?

a. Management compares the actual sales with the budgeted sales for the previous period.

b. After discovering a large amount of rework costs from the use of a cheaper material, the purchasing manager buys a higher-quality material.

c. Top management discusses ideas to develop a new product line.

8. Determine to which phase of the management process each activity relates.

a. Discussing expenses to potentially reduce in the next period

b. Overseeing employees unloading supplies to ensure that safe and efficient practices are used

c. Identification of the recent increase in manufacturing costs to be from the use of an outdated piece of equipment

9. To which phase of the management process does each activity relate?

a. Feedback from customers used to identify weaknesses in the company’s shipping policy

b. Comparison of the previous period’s use of materials to the budgeted amount of materials to use

c. Ensuring that workers take the allotted break times with the use of time cards

Answer 1

Solution-7

a) Controlling

Explanation: Controlling involves making a comparison of the actual to expected performance and taking necessary corrective action.

b) Decision making

Explanation: Management decisions can be categorized as per the interrelated business processes: planning, directing, and controlling

c) Planning

Explanation: In planning, the top management set the targets and determine the best approach to achieve them

Solution-8

a) Planning

Explanation: In planning, the top management set the targets and determine the best approach to achieve them

b) Directing

Explanation: Directing refers to the process of providing focus for employees and encouraging them to achieve organizational targets

c) Improving

Explanation: For better results and improved efficiency it is important to identify weaknesses in organisation

Solution-9

a) Improving

Explanation: For better results and improved efficiency it is important to identify weaknesses in organisation

b) Controlling

Explanation: Controlling involves making a comparison of the actual to expected performance and taking necessary corrective action.

c) Directing

Explanation: Directing refers to the process of providing focus for employees and encouraging them to achieve organizational targets