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MGMT 301 Module 5 Review Flashcards | StudBud

Explore/MGMT 301 Module 5 Review

Artificial intelligence (AI) in management systems:

Bureaucratic control relies on:

MGMT 301 Module 5 Review

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Questions 10

Answers

1
Bureaucratic control relies on:
Shared group values
Employee autonomy
Hierarchical authority to reward or punish compliance
Decentralized decision-making
2
Artificial intelligence (AI) in management systems:
Learns and adapts through experience
Eliminates the need for data mining
Enhances manual data processing
Reduces the cost of physical storage
3
Intranets are used to:
Encrypt external communication
Monitor cybersecurity threats
Conduct business transactions with suppliers
Allow employees to access, share, and publish internal information
4
Which is NOT a characteristic of useful information?
Profitability
Relevance
Timeliness
Accuracy
5
Economic value added (EVA) measures:
Total revenue generation
Profits exceeding the cost of capital
Employee satisfaction rates
Product quality improvements
6
The cost of archiving information for future use is known as:
Communication cost
Retrieval cost
Storage cost
Processing cost
7
Productivity measures:
Supplier reliability
Customer satisfaction levels
Employee performance evaluations
How many inputs it takes to produce an output
8
ISO 14000 standards focus on:
Minimizing environmental impacts
Financial performance evaluation
Quality assurance in manufacturing
Training and education of employees
9
Raw data becomes information when:
It is encrypted
It is used to fill data silos
It is stored electronically
It gains context and influences choices
10
Benchmarking is the process of:
Eliminating feedback mechanisms
Setting internal goals without comparison
Monitoring employee complaints
Adapting outstanding practices from other companies