QUESTION ID: JFND-GO33-GINU-1TBT
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJS-GFOU-QCTA-8RAD-GA5B-
GRSU-KPDR-8YSS-NP3W-GOSU-RCTA-GESS-CA3T-GITS-GA5D-E7JI-YT4D-JFNN-
4OTI-GO4W-NQNBEE
119. In a company, engineers have redesigned production processes lowering production costs, shortening production
cycle time, reducing waste and improving quality. Which type of managerial activity applies to this situation?
a. controlling
b. continuous improvement
c. planning
d. decision making
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-3 - LO: 01.03
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-08 - FN-Decision Modeling
United States - v1 - IMA-14 - Decision Analysis
KEYWORDS: Bloom's - Applying
Chapter 1
Copyright Cengage Learning. Powered by Cognero. Page 66
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:26 AM
DATE MODIFIED: 10/7/2016 9:26 AM
QUESTION ID: JFND-GO33-GINU-1TBO
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJI-8R4U-ECJI-CCAU-1CJI-COSS-
R3JS-CRSS-CPTW-GOSU-13B3-GOSS-CATU-GBTS-RC3W-E7JI-YT4D-JFNN-4OTI-
GO4W-NQNBEE
120. Determining the bid your company should submit on a construction contract is an example of
a. planning.
b. control.
c. decision making.
d. none of the above
ANSWER: c
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-3 - LO: 01.03
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-08 - FN-Decision Modeling
United States - v1 - IMA-14 - Decision Analysis
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:26 AM
DATE MODIFIED: 10/7/2016 9:26 AM
QUESTION ID: JFND-GO33-GINU-1TBZ
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJA-C3TD-OAUN-GO5S-CPB1-CCSS-
NPTW-8RSS-E3DF-GOSU-1QJ1-GOSS-C3MF-CE3D-GPJT-E7JI-YT4D-JFNN-4OTI-
GO4W-NQNBEE
121. Setting the selling price of a company's product is an example of
a. planning.
b. control.
c. decision making.
d. all of these.
ANSWER: c
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-3 - LO: 01.03
Chapter 1
Copyright Cengage Learning. Powered by Cognero. Page 67
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-08 - FN-Decision Modeling
United States - v1 - IMA-14 - Decision Analysis
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:26 AM
DATE MODIFIED: 10/7/2016 9:26 AM
QUESTION ID: JFND-GO33-GINU-1TBS
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJT-CAAU-E3JA-8Y5U-CCT3-CESU-
YAJ1-CESU-CPUR-GOSU-RCBO-8YSU-EPJ3-GO4G-N3TO-E7JI-YT4D-JFNN-4OTI-
GO4W-NQNBEE
122. Which of the following have been found to be TRUE?
a. Firms that emphasize ethics outperform firms that don't emphasize ethics.
b. Those corporations that mention ethics in their management reports have lower than average performance.
c. Companies with a strong code of ethics and sense of integrity and honor will have trouble competing over the
long run.
d. All of these.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-4 - LO: 01.04
NATIONAL STANDARDS: United States - BUSPROG - Ethics
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-01 - BB-Industry
United States - v1 - IMA-16 - Business Applications
KEYWORDS: Bloom's - Remembering
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:26 AM
DATE MODIFIED: 10/7/2016 9:26 AM
QUESTION ID: JFND-GO33-GINU-1TBI
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJO-CI1G-GCUF-CIUD-NC3A-GYSS-
E3T1-8RSU-RCUB-GOSU-KPTU-CASU-OQDR-GAHS-EC5N-E7JI-YT4D-JFNN-4OTI-