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BUS/371 BUS371 BUS 371Chapter 2—The Evolution of Management Thinking PART 5 21. The bureaucratic organizations approach is a subfield within the ____. a. classical perspective b. systems theory c. scientific management d. learning organization e. management science view 22. According to Weber's ideas on bureaucracy, organizations should be based on which of these? a. Personal loyalty b. Personal references c. R ...

Other / Other 17 Nov 2016

BUS/371 BUS371 BUS 371Chapter 2—The Evolution of Management Thinking PART 7 61. Elements of TQM include a. employee detachment. b. focus on profits. c. benchmarking. d. accidental improvement. e. all of these. 62. ____ is a process whereby companies find out how others do something better than they do and then try to imitate or improve on it. a. TQM b. Continuous improvement c. Benchmarking d. Empowerment e. MBO ...

Other / Other 17 Nov 2016

BUS/371 BUS371 BUS 371Chapter 2—The Evolution of Management Thinking PART 8 CASE Scenario - Britney Marr The opportunity to gain a foothold in the snack cracker industry had just been found. Britney Marr, an account executive manager for Baked Wheat Industries had developed an interest in wheat crackers two months ago when one of her newly hired account execs, Amy Bender, had convinced her about the high margins and promising futu ...

Other / Other 17 Nov 2016

BUS/371 BUS371 BUS 371Chapter 2—The Evolution of Management Thinking PART 9 SHORT ANSWER 1. List three of the basic ideas of scientific management. ANS: Any three of the following develop standard methods for doing each job; select workers with appropriate abilities; train workers in standard methods; support workers and eliminate interruptions; and provide wage incentives. 2. List the three assumptions associated with Mc ...

Other / Other 17 Nov 2016

BUS/371 BUS371 BUS 371Chapter 2—The Evolution of Management Thinking PART 6 41. The findings provided by the Hawthorne Studies provided the impetus for the ____, despite flawed methodology or inaccurate conclusions. a. classical perspective b. humanistic perspective c. scientific management d. bureaucratic organizations e. contingency perspective 42. The human resources perspective of management links motivation theorie ...

Other / Other 17 Nov 2016

CHAPTER 24 PLANNING FOR CAPITAL INVESTMENTS MULTIPLE CHOICE QUESTION PART 8 126. If a project costing $40,000 has a profitability index of 1.00 and the discount rate was 8%, then the project’s internal rate of return was a. less than 8%. b. equal to 8%. c. greater than 8%. d. undeterminable. 127. The internal rate of return factor is equal to the a. capital investment divided by the net cash flows. b. present value of ne ...

Other / Other 17 Nov 2016

CHAPTER 24 PLANNING FOR CAPITAL INVESTMENTS BRIEF EXERCISES QUESTION PART 10 Ex. 181 Shilling Corp. is thinking about opening a baseball camp in Florida. In order to start the camp, the company would need to purchase land, build five baseball fields, and a dormitory-type sleeping and dining facility to house 100 players. Each year the camp would be run for 10 sessions of 1 week each. The company would hire college baseball players as coache ...

Other / Other 17 Nov 2016

CHAPTER 24 PLANNING FOR CAPITAL INVESTMENTS BRIEF EXERCISES QUESTION PART 9 BE 158 Diamond Company is considering investing in new equipment that will cost $1,400,000 with a 10-year useful life. The new equipment is expected to produce annual net income of $90,000 over its useful life. Depreciation expense, using the straight-line rate, is $140,000 per year. Instructions Compute the cash payback period. BE 159 Madeline Company ...

Other / Other 17 Nov 2016

CHAPTER 24 PLANNING FOR CAPITAL INVESTMENTS MULTIPLE CHOICE QUESTIONS PART 3 26. The capital budget for the year is approved by a company's a. board of directors. b. capital budgeting committee. c. officers. d. stockholders. 27. All of the following are involved in the capital budgeting evaluation process except a company's a. board of directors. b. capital budgeting committee. c. officers. d. stockholders. 28. Most of ...

Other / Other 17 Nov 2016

BUS/371 BUS371 BUS 371Chapter 2—The Evolution of Management Thinking PART 4 MULTIPLE CHOICE 1. A(n) ____ perspective provides a broader way of thinking, a way of searching for patterns and determining whether they recur across time periods. a. analytical b. futuristic c. systematic d. methodical e. historical 2. ____ forces refer to those aspects of a culture that guide and influence relationships among peop ...

Other / Other 17 Nov 2016