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Management Persepctives and Theory
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  • 問題数 27 • 9/29/2024

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  • 1

    Values strategically impact reputation, relationships (customers, employees, etc.), adaptability, and innovation but are mainly seen as driving growth by what types of firms?

    financial leaders

  • 2

    John Mackey explains that which of the following was the basis on which they made the decision to do 5% (as opposed to another amount) for their “5% Days”

    Arbitrary decision of the co-founders

  • 3

    A _______ good is one we think would perfect us or fulfill us… and does! A _______ good is primarily important because it gets us an excellent good.

    real, foundational

  • 4

    briefly defind effectiveness

    doing the right things

  • 5

    Which of the following is NOT one of the four new duties taylor stated for managers?

    Develop a rule of thumb approach to work that is more practical than processes

  • 6

    Effective Management should create value for the firm despite complexity from:

    All of the above

  • 7

    Taylors’ increase in pig iron loading went from ~12 tons a day to approximately:

    400% more (48 additional tons)

  • 8

    Drucker (Managing for Business Effectiveness) noted that some products should get different amounts of resources than others. What type of resource should get all of the resources it needs and more?

    Tomorrow’s breadwinners

  • 9

    Briefly define efficiency.

    doing things the right way.

  • 10

    We talked about two types of management theories about people. Theory _____ assumes that employees are energetic, responsible & contribute to the organization, while theory ______ assumes that employees are lazy, lack ambition & are self-centered.

    Y, X

  • 11

    According to the What is Strategy article, a sustainable strategic position requires _______.

    Tradeoffs

  • 12

    In Drucker’s article managing oneself, he states most people think they know what they are good at… yet they are usually wrong

    True

  • 13

    From our discussion of case analysis, ________- (letters) is a framework focused on internal situation analysis. List two componenets of that framework as well: __________ & ________.

    7S, shared values, skills, style, system, staffing, strategy, structure, shared values, skills, style, system, staffing, strategy, structure

  • 14

    The essence of strategy is in the activities….. choosing to perform the same activities as rivals _______ or to perform _______ activities than rivals

    differently, different

  • 15

    John Mackey argues that “The enlightened corporation should try to create value for all of its _________.

    constituents

  • 16

    What is soldering and provide one of his three reasons it persists.

    Purposefully not working to the best of your ability. 3 reasons: 1. Output/jobs fallacy (take away jobs the more output) 2. ineffective management (doesn’t know enough about the job themselves) 3. Rule of thumb persistence (the rule of thumb method is ineffective)

  • 17

    Why are shared value priorities important in case analysis?

    They are important because their shared values gives a good indication of what they need to be actually prioritizing to be successful, it is a good tool to start seeing flaws from the company side.

  • 18

    In managing for business effectiveness, Drucker advocated that _____% of the activities in a company produce _____% of the value.

    10, 90

  • 19

    The ______ paradigm over-personalizes faith without addressing larger organizational processes or brokenness. The __________ paradigm frames religion as having nothing to do with work. Finally, the __________ paradigm uses common language to apply faith to organizational situations.

    spiritualizer, secularizer, natural law

  • 20

    Which of the following is one of the three reasons Taylor noted for writing Scientific Management?

    To point out the loss to the country from inefficiency in almost all activities

  • 21

    Trade-offs arise with effective strategy because of all the reasons below, except for:

    Non-price value positioning

  • 22

    In Drucker’s article (managing oneself), he notes several questions that are important to managing oneself including What are my strengths? What is one other question he posed?

    How do I learn?

  • 23

    Milton Friedman (nobel laurette in economics) agrees with John Mackey (Whole Foods founder) that “corporate phinanthropy is a good thing” is ________.

    False

  • 24

    _______ - based strategic positioning is focused on a subset of industry products or services to many people; wheras ______ - based positioning focuses on fulfilling all needs for a more specific customer segment with a specific product.

    variety, needs

  • 25

    Case Analysis requires 5critical steps (STARS): Situation Analysis, ________, Alternative ________, Recommendation, and Story.

    task, solutions

  • 26

    What is a disadvantage for the natural-law paradigm?

    Christians who seek to change the secular organization may find that, instead, the organization has changed them.

  • 27

    From What is Strategy? Operational effectiveness is performing similar activities better than rivals. What is one limit that keeps operational effectiveness from being a sustainable strategy?

    Competitive Convergence