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Which of the following management responsibilities are being fulfilled when management uses feedback to take corrective action on the budgets?
A) Directing and planning
B) Planning and decision-making
C) Controlling and decision-making
D) Planning and controlling
12) Which of the following management responsibilities is being fulfilled when management decides to move production to another country to lower costs?
A) Directing
B) Planning
C) Decision-making
D) All of the above
13) Which one of the following manager responsibilities encompasses the other three?
A) Decision-making
B) Feedback
C) Planning
D) Controlling
14) Using product cost information to determine sales prices is an example of:
A) controlling, planning, and decision-making.
B) directing, controlling, and planning.
C) directing, planning, and decision-making.
D) controlling, directing, and planning.
15) Reviewing hourly sales reports to determine the level of staffing needed to service customers fulfills which of management's four primary responsibilities?
A) Directing, planning, and decision-making
B) Directing, controlling, and planning
C) Controlling, planning, and decision-making
D) Analyzing, directing, and planning
16) Budgets are the way that managers can express their:
A) plans.
B) decision-making.
C) control.
D) hiring practices.
17) Comparing actual results to budgets is an example of the management function of:
A) controlling.
B) decision-making.
C) directing.
D) planning.
18) Overseeing the day-to-day operations of a company is an example of the management function of:
A) controlling.
B) decision-making.
C) directing.
D) planning.
19) Preparing budgets is an example of the management function of:
A) controlling.
B) decision-making.
C) directing.
D) planning.
20) Evaluating results against the plan is an example of the management function of:
A) controlling.
B) decision-making.
C) directing.
D) planning.
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