Which management approach is obviously used by most organizations, but the emphasis on it is usually greater in small organizations? A. Preventative approach B. Monetary approach C. Nonmonetary approach D. Detection-correction approach
Answer: A
This is preventive approach. Small organizations always emphasis this approach, since they are small and not having enough resources (like cash, materials, etc.) for misusing. Some of the preventive measures are (1) cost minimization for increasing profit margin, (2) recycling waste so that it could be used again, etc.
Which management approach is obviously used by most organizations, but the emphasis on it is usually...
11. Question text Scientific management, sometimes called Taylorism, is most associated with which management approach? Select one: a. Human resources b. Leadership expectation c. Classical or Scientific Management d. Contingency
please answer 3. In a pure construction management approach the construction manager usually guarantees the overall price of the project _True False 4. In a guaranteed maximum price (GMP) contract, costs above the GMP are covered by the contractor. _True False 5. A unit-price contract provides an owner with price competition while still allowing for an increase or decrease in actual versus estimated quantities. True - False 6. When assessing the risks applicable to a project, one must also look...
Cost Management: A Strategic Emphasis (7th Edition) Which of the following would not be a desirable outcome from an organization's investment in quality? a. an increase in the sales return rate b. a decrease in warranty costs c. higher products selling prices d. Reduced manufacturing costs
Of the following, which is the usually the most important factor in managing a new business? inventory management а. b. trade credit financing с. d. managing cash flow the first year's profitability е.
In which of the following circumstances would an auditor most likely add an "emphasis of matter" paragraph to the auditor's report without changing the unmodified opinion? A. The auditor is asking to report on the balance sheet, but not the other basic financial statements. B. Management changed from one accepted accounting principal to another accepted accounting principal and accounted properly for the effects of the change as required by GAAP. C. Certain transactions cannot be tested because of management's records...
Which of the following is not characteristic of most leadership research? a. an emphasis on explanatory processes and mediating variables b. an assumption of strong effects by heroic individual leaders c. a focus on dyadic processes rather than collective processes d.an assumption of unidirectional causality from leader to followers
Which of the following statements about cost-of-equity estimation is most correct? A) The CAPM approach is always superior to the DCF approach. B) The risk premium used in the debt-cost-plus-risk-premium approach is the same as the risk premium used in the CAPM approach. C) Because the CAPM and DCF approaches use market data, they provide precise cost-of-equity estimates. D) The debt-cost-plus-risk-premium approach can be used when the business does not have publicly traded equity. E) All approaches always produce estimates...
1. which of the following is a method for organizations to obtain applications for rent from a third party provider who run the applications at a remote site? a. enterprise resource planning ERP b. pre-packaged software c. cloud computing d. information technology service firms 2. which of the following is not an approach that an organization can take to software reuse? a. flexible reuse b. facilitated reuse c. ad hoc reuse d. managed reuse 3. which of the following is...
Which of the following is the most difficult but most accurate of the commonly used methods for allocating support department costs to production departments? O a. direct method b. activity-based management method Oc. sequential method d. reciprocal services method
To make bacteria produce certain aminoacid in industrial quantities, the most commonly used approach is: A. Find the gene which encodes this aminoacid in human genome, and introduce this gene into bacteria B. Find wild bacteria producing this aminoacid in large amounts and engineer the genome of this bacterium to make it overproduce it in even larger quantities C. Mutate the bacterium in order to make sure it will acquire the gene for this aminoacid D. Cross the bacterium which...