Also known as “Taylorism,” ______ focuses on how to make people more efficient at their jobs through training, monitoring, and detailed planning.
A. job characteristics model
B. systematic management
C. scientific management
D. quantitative analysis model
C. scientific management
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Companies in which owners or top executives make all of the planning, directing and controlling decisions are ________ companies.
A) centralized B) decentralized C) formalized D) segmented
Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method?
A) an increase in inventory B) a decrease in accounts payable C) preferred dividends declared and paid D) a decrease in accounts receivable
Which of the following is a drawback of the SWOT analysis?
A. The SWOT analysis takes into account only the internal environment of a firm, ignoring the equally important external environment. B. A problem with this framework is that a strength can also be a weakness, and that an opportunity can also simultaneously be a threat. C. This framework is only applicable to the manufacturing industries; it is ineffective when applied to the service firms. D. A drawback of this framework is that it allows managers to evaluate only a firm's current situation and not its future prospects.
Internal forces for change can usually be traced to process and ________ problems.
A. financial B. behavioral C. training D. management