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Course Post-Assessment CH 14
Williams Effective Management 6e
TRUE/FALSE
1. Control is an intermittent activity that requires periodic attention from managers once or twice a
month.
2. One significant advantage of economic value added (EVA) is that it clearly specifies what specific
actions managers should or should not take in order to improve financial performance.
3. The only dimension needed to measure quality is its conformance to expectations.
MULTIPLE CHOICE
1. The basic control process begins with:
either benchmarking or keystoning
the establishment of clear standards of performance
the comparison of actual performance to expected performance
determining what corrective action will be if actual performance does not equal or exceed
expected performance
2. Which approach to control monitors inputs rather than outputs?
3. ____ control is top-down control in which managers try to influence employee behavior by rewarding
or punishing employees for compliance or noncompliance with organizational policies, rules, and
procedures.
4. ____ control regulates workers’ actions and routines on the job, while ____ control measures the
results of their efforts.
5. Which of the following is NOT one of the four perspectives measured in the balanced scorecard
approach to control?
policies and procedures perspective
internal business perspective
innovation and learning perspective
6. ____ should be used when it is difficult to create good measures of worker behavior and output, and
when organizational culture, values, and beliefs are strong.
7. One of the advantages the balanced scorecard has over traditional control processes that rely solely on
financial measures is that it:
encourages control delegation
eliminates problems with regulation costs
minimizes the chances of suboptimization
allows companies to determine the ideal control methods
creates functional independence
8. When it comes to finances, the balanced scorecard focuses on one simple question. That question is:
How are we performing for our shareholders?
How do we look to our customers?
Are we retaining enough earnings to allow for market growth?
9. For the internal perspective of the balanced scorecard, managers ask the question:
“How do we provide value to our stakeholder?”
“What is the bottom line?”
“How important is customer satisfaction?”
“What can we do to improve and create value?”
10. ‘According to the text, which of the following levels of waste minimization produces the greatest
minimization of waste?
waste prevention and reduction