100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
DLM(ASCP) LATEST EXAM (FINANCIAL MANAGEMENT, OPERATIONS MANAGEMENT, HUMAN RESOURCE MANAGEMENT, QUALITY MANAGEMENT) ACTUAL EXAM WITH UPDATED QUESTIONS AND VERIFIED ANSWERS (A GRADE) $19.99   Add to cart

Exam (elaborations)

DLM(ASCP) LATEST EXAM (FINANCIAL MANAGEMENT, OPERATIONS MANAGEMENT, HUMAN RESOURCE MANAGEMENT, QUALITY MANAGEMENT) ACTUAL EXAM WITH UPDATED QUESTIONS AND VERIFIED ANSWERS (A GRADE)

 6 views  0 purchase
  • Course
  • DLM
  • Institution
  • DLM

DLM(ASCP) LATEST EXAM (FINANCIAL MANAGEMENT, OPERATIONS MANAGEMENT, HUMAN RESOURCE MANAGEMENT, QUALITY MANAGEMENT) ACTUAL EXAM WITH UPDATED QUESTIONS AND VERIFIED ANSWERS (A GRADE) Johnson's Theory - ANSWER-performance = motivation x understanding x ability x opportunity Maslow's Hiera...

[Show more]

Preview 4 out of 58  pages

  • September 19, 2024
  • 58
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • DLM
  • DLM
avatar-seller
edwinnyamoita
1|Page



DLM(ASCP) LATEST EXAM 2024-2025 (FINANCIAL MANAGEMENT,

OPERATIONS MANAGEMENT, HUMAN RESOURCE MANAGEMENT,

QUALITY MANAGEMENT) ACTUAL EXAM WITH UPDATED QUESTIONS

AND VERIFIED ANSWERS (A GRADE)

Johnson's Theory - ANSWER-performance = motivation x
understanding x ability x opportunity



Maslow's Hierarchy of Needs - ANSWER-(level 1) Physiological
Needs, (level 2) Safety and Security, (level 3) Relationships, Love
and Affection, (level 4) Self Esteem, (level 5) Self Actualization



Herzberg's Two-Factor Theory - ANSWER-proposed that work
satisfaction and dissatisfaction arise from two different factors -
work satisfaction from so-called motivating factors and work
dissatisfaction from so-called hygiene factors



budget - ANSWER-detailed plan on how resources will be
acquired and utilized during a specific time period



statistics budget - ANSWER-focuses on patient volume and need
assumptions used in other budgets

,2|Page




profit and loss statement - ANSWER-An itemized financial
statement of the income and expenses of a company's
operations. Provides budgeted profit



contribution margin - fixed costs = budgeted profit



variance analysis - ANSWER-realized values are compared with
budgeted values to help control operations.



profit variance - ANSWER-actual profit - static/budgeted profit



revenue variance - ANSWER-actual revenue - static/budgeted
revenues



cost variance - ANSWER-static/budgeted costs - actual costs



volume variance - ANSWER-flexible revenues - static budgeted
revenues

,3|Page


return on investment - ANSWER-can be $ or %



present value - ANSWER-beginning amount (current value) of an
investment of a lump sum, an annuity, or a series of unequal cash
flows



discounting - ANSWER-process of finding the present value of a
lump sum, an annuity, or a series of unequal cashflows



annuity - ANSWER-series of payments of a fixed amount for a
specified number of equal periods



compounding - ANSWER-process of finding the future value (FV)



McClelland's Achievement Motivation Theory - ANSWER-need for
achievement, need for power, need for affiliation



reflection of job satisfaction - ANSWER-turnover, absenteeism,
attitude, and functional performance level.

, 4|Page


successful managers - ANSWER-balance between concern for
people and concern for production.



good leadership - ANSWER-delegate, sound job descriptions,
and work assignments, fill motivational needs of workers, provide
job enrichment resources



job enlargement - ANSWER-offers people opportunity to expand
their knowledge and grow professional ( addition of tasks)



job enrichment - ANSWER-increased control, responsibility, and
accountability in workstation



job description - ANSWER-job analysis, job design and work
assignment. the communication between staff and organization
on how work should be done.



factors considered in job analysis - ANSWER-working conditions
(physical environment, manual labor exertion), technology
(technical skills), job specifications (qualifications, skills, special
knowledge and experience), availability of labor, personal

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller edwinnyamoita. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $19.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67163 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$19.99
  • (0)
  Add to cart