Operations managers need management information in all of the following areas except
A) the cost of production.
B) current inventory levels.
C) availability of resources.
D) future capitalization needs.
E) present and future sales levels.
Question 2 - Use Maslow's hierarchy of needs concept to explain why you would expect to be more concerned about finding somewhere to stay after your house burned down than you would be about receiving a certificate of appreciation from the non-profit for which you volunteer.
Question 3 - The basic rules governing how a corporation is organized and how it conducts its business are known as _________.
A. corporate bylaws
B. articles of incorporation
C. certificates of organization
D. prospectuses
Fill in the blank(s) with correct word
Question 4 - Which of the following is not a disadvantage of sole proprietorships?
A) Unlimited liability
B) Lack of money
C) Double taxation
D) Lack of continuity
E) Limited management skills
Question 5 - The specific types of information that managers need depend on their area of management and on their
A) level within the firm.
B) understanding of data.
C) background in computer science.
D) use of the information.
E) accounting background.
Question 6 - Compare and contrast the assumptions about workers that would be held by a manager who uses Theory X and the assumptions about workers by a manager who uses Theory Y. Which of the two types of managers would you rather work for? Consider their management styles in your answer.
Question 7 - A general partnership avoids the problem of _________ endemic to corporations.
A. disagreements
B. unlimited liability
C. double taxation
D. withdrawal
Fill in the blank(s) with correct word