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Which of the following financial ratios measures the ability of the organization to pay its short-term debts?


A) Leverage ratios
B) Liquidity ratios
C) Activity ratios
D) Profit ratios
E) Inventory turnover ratios

F) D) and E)
G) C) and D)

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If goals are set at an impossibly high level, managers might work only half-heartedly to achieve them because they are certain they will fail.

A) True
B) False

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According to the force-field theory:


A) a manager cannot evaluate the forces at work when observing the performance of workers such as doctors, research scientists, or engineers.
B) a wide variety of forces arise from the way an organization operates that make organizations resistant to change.
C) forces that support clan control are significantly different from the forces that form the foundation of organizational culture.
D) the forces of evolutionary change and revolutionary change are equal and complement each other.
E) an organization is in a state of inertia when it reduces the forces for change and increases resistance to change.

F) C) and D)
G) A) and B)

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Which of the following is an important reason for subordinates to participate in goal setting?


A) It strengthens subordinates' commitment to achieving goals and meeting budgets.
B) It centralizes the responsibility of setting goals and achieving those goals.
C) It enables direct supervision and close scrutiny of employees.
D) It enables complete evaluation of employees over relatively short periods.
E) It enables manages to set goals that are slightly above an employee's reach.

F) C) and E)
G) C) and D)

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The process by which managers monitor and regulate the efficiency and effectiveness of the workers in an organization is called _____.


A) planning
B) organizing
C) leading
D) controlling
E) coordinating

F) B) and D)
G) B) and E)

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Bureaucratic control is control by means of a comprehensive system of rules and standard operating procedures.

A) True
B) False

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Discuss the steps involved in the management by objective process.

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The steps involved in the management by ...

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Which of the following types of change is rapid, dramatic, and broadly focused?


A) Social change
B) Cultural change
C) Structural change
D) Revolutionary change
E) Evolutionary change

F) None of the above
G) A) and E)

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Which of the following types of control allows managers to anticipate problems before they arise?


A) Feedforward control
B) Concurrent control
C) Feedback control
D) Bureaucratic control
E) Clan control

F) A) and C)
G) A) and E)

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Which of the following describes stretch goals?


A) Goals at one level that are not in sync with goals set at other levels of the organization
B) Goals that subordinates set for themselves
C) Goals that are specific and difficult but not out of reach
D) Goals that are set low and are easy to achieve
E) Goals set at an impossibly high level

F) B) and E)
G) C) and D)

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