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MGMT 301 Module 5 Review Flashcards | StudBud

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Which is NOT a characteristic of useful information?

Productivity measures:

MGMT 301 Module 5 Review

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Questions 10

Answers

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