Texas PACT Business and Finance test 776 2024/2025 with 100% correct answers
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Course
Texas PACT Business and Finance tt 776
Institution
Texas PACT Business And Finance Tt 776
Douglas Mcgregor Theory X correct answersAssumes employees don't like to work, money is the sole motivation, employees only think about self. Supervisors are dictatorial, threats in order to persuade, strict punishments.
Douglas Mcgregor Theory Y correct answersAssumes employees self-motivated a...
Douglas Mcgregor Theory X correct answersAssumes employees don't like to work, money is the sole
motivation, employees only think about self. Supervisors are dictatorial, threats in order to persuade,
strict punishments.
Douglas Mcgregor Theory Y correct answersAssumes employees self-motivated and enjoy work, they
have talent and skills. They desire success at work inherent satisfactions. Supervisors' work with
employees, allow positive communication.
Total Quality Mnaagemnt correct answersBetter internal processes and increased customer satisfaction
Total Quality Mnaagemnt correct answersManager quality levels. If there is a problem then it is in the
process
Management by Obejectives correct answers1954 Peter Drucker. MBO, creation of goals or objectives
Management by Obejectives correct answersProduce a better relationship between management and
employees
Activity Base Management correct answersManagers examine activites to evaluate costs and value
added.
Functions Of Management correct answersplanning, organizing, leading, and controlling resources
Planning correct answerscreating a plan of action to give incentives to top performers
Leaders correct answersmake a list of logical step of best way to carry out plan
, Organizing correct answersResource distribution
Controlling correct answersOccurs after the plan, managers evaluate whether the goals have been met.
Top Level Manager correct answersManagers in charge of running te organization
Middle-level manager correct answersbring organization plans to fruition
Low-level manager correct answersleading, directing, and supervising employees
Authoritarian leadership styles correct answersrules and regulations are strict
Democratic leadership styles correct answersdescision made with or in a group.
Laissez-faire leadership styles correct answersworkers make all the decision without any managerial
control
SWOT correct answersStrengthens, Weaknesses, Opportunities, and Threats
Time Value of Money correct answersMoney that you have now is more valuable than the money you
will have later.
Sales Budget correct answersShows expected sales for a period of times
Production Budget correct answersShows the amount of products that should be made
Cash Budget correct answerscovers the inflow and outflow of cash that is expected
Four part of Cash Budget correct answersReceipts, financing, disbursements, and cash surplus or deficit
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