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Business Management Exam
Business Management Exam
Business Management Exam
2.- He states that the objective of the control process is to make sure that events go according with
established plans.
A) Elton Mayo B) Frederick Taylor C) Burt K. Scanlan D) Peter Druck
3.- This step is perceived as a method that pressures the members of an organization.
A) Management B) Control C) Planning D) Organizing
1. - For control to be efficient it needs to be opportune. It must be applied before a mistake is made.
__________________________________________
2. – An equal degree of responsibility and authority should be given to each of the groups.
__________________________________________
3. - Control won't be valid if it’s not founded on objectives or if achievements are not evaluated.
____________________________________________
4. - Establishing a system of control must justify the cost that this represents in time and money
with relation to the advantages that it reports. ____________________________________________
5. - Control must be applied, preferably on exceptional or representative activities with the
objective of reducing costs and time and properly identifying which strategic functions require
control. ____________________________________________
6. - All deviations that occur with relation to the plans must be analyzed in detail. Identification of
the causes originating the deviations permit the pertinent preventive measures to take place.
____________________________________________
Control implicates the measurement of what has been achieved with the
standard, and correction of deviations.
According to the Sales budget formula, explain each one of its elements.
PV= ( ( V +- F) E) A
V (1 points)
F (3 points)
a
b
c
E (2 points)
A (2 points)
ACTIVITY V TOTAL 12 points.
Calculate the sales budget with the following information. (12 points)
V= 850,000
F = a -3.5%
b 4.8%
c - 4.05%
E= 2.05%
A= -4.02%
In each one of the steps, of the control process diagram, write an example that would apply to your
product for your final project. Indicate the step and then the example.
BONUS POINTS!!