PBMF Ch 7&8 G-W

Question 1

_____ is the process of the coordination of activities and resources needed to reach its goals.

Accepted Answer

organizing

Question 2

Process of deciding which products will be most strategic for an org to produce is _ planning.

Accepted Answer

product

Question 3

The authority structure of a company from the highest to the lowest levels is called the ____.

Accepted Answer

chain of command

Question 4

All the activities required to create a product are part of the ____________________.

Accepted Answer

production process

Question 5

____ plans are created for the long-term goals of an organization.

Accepted Answer

Strategic

Question 6

The interacting forces within a group are ____.

Accepted Answer

group dynamics

Question 7

____ is changing the form of raw materials for another use.

Accepted Answer

Materials processing

Question 8

Which is NOT a stage in new product development?

Accepted Answer

Design evaluation

Question 9

Which is NOT a function of Management?

Accepted Answer

Operating

Question 10

Method of managing inventory that keeps a minimal amount of raw materials on hand.

Accepted Answer

Just-in-time

Question 11

Democratic leaders share decision-making with the group and tend to have Theory ____ attitudes.

Accepted Answer

Y

Question 12

_ chart shows how each employee position w/in the co. interacts w/others in chain of command.

Accepted Answer

organizational

Question 13

Theory ____ managers believe that employees need close supervision at all times.

Accepted Answer

X

Question 14

The process of recruiting, hiring, training, evaluating, & compensating employees is called __.

Accepted Answer

staffing

Question 15

____ is the process of controlling and making decisions about a business.

Accepted Answer

Management

Question 16

Which is NOT an aspect of SMART goals?

Accepted Answer

Alternating

Question 17

____________________ consists of a company’s division managers and department heads.

Accepted Answer

Middle management

Question 18

_ is the standard transfer of electronic data for business transactions between organizations.

Accepted Answer

Electronic data interchange

Question 19

Ability to communicate using body language, eye contact, behavior, and attitude is __ skills.

Accepted Answer

nonverbal

Question 20

Marketing an existing product in a new way is _.

Accepted Answer

repositioning

Question 21

____ includes any activity related to making a product.

Accepted Answer

Production

Question 22

________ is the process of changing and improving resources to create goods or services.

Accepted Answer

Conversion

Question 23

It is import. to evaluate new & existing prods in the evaluation stage of new prod development.

Accepted Answer

True

Question 24

What is a purchasing agent responsible for in the production process?

Accepted Answer

Sourcing and buying materials needed

Question 25

A ____ outlines how company decisions are made.

Accepted Answer

policy

PBMF Ch 7&8 G-W

Questions 25

PBMF Ch 7&8 G-W

Questions 25