BMA QUIZ 1

Question 1

plan and decision single authority

Answer 1

centralisation

Question 2

various authorities

Answer 2

decentralization

Question 3

business management strategy, created by Motorola

Answer 3

six sigma

Question 4

launch team, charter, plan projects, voice of customer, change

Answer 4

define

Question 5

document, baseline data, narrow project

Answer 5

measure

Question 6

generate, evaluate, optional solutions, pilot, plan and implement

Answer 6

improve

Question 7

control, validate, project benefits

Answer 7

control

Question 8

analyze, root cause, remove wastes

Answer 8

analyze

Question 9

org structure autonomous system capable producing itself

Answer 9

viable systems model

Question 10

meet demands surviving changing environment

Answer 10

viable systems model

Question 11

adaptable

Answer 11

viable systems model

Question 12

abstract cybernetic

Answer 12

viable systems model

Question 13

applicable at any org

Answer 13

viable systems model

Question 14

viable and capable of autonomy

Answer 14

viable systems model

Question 15

formal record of financial act and position of business

Answer 15

financial statement (feedback)

Question 16

overthinking causes

Answer 16

analysis paralysis (mistake)

Question 17

unravel activities of competitors and competitive strategies create sustainable competition and advantage widen market

Answer 17

competitor analysis

Question 18

establish time targeted objective

Answer 18

goal setting

Question 19

objective, projected state of affairs, person/system achieve/brings out, desired end point, endeavor reach goals in finite time

Answer 19

goal

Question 20

concept outperforms competition in some regard

Answer 20

competitive advantage

Question 21

organization process maintaining a plan

Answer 21

planning

Question 22

psychological process think activities required create desired goal

Answer 22

planning

Question 23

planning tasks and events

Answer 23

scheduling

Question 24

algorithm schedule set project act

Answer 24

critical path method

Question 25

project evalutaon and review technique

Answer 25

PERT

Question 26

organization decision making process

Answer 26

strategic planning

Question 26

formal written doc contain goals of business

Answer 26

business plan

Question 27

systematic collection of tasks

Answer 27

business process

Question 28

represent process of enterprise so current analyze improve future

Answer 28

business process model (bpm)

Question 29

strategic planning and management system that uses BCS , communicate try to accomplish a significant day to day work everyone with strategy.

Answer 29

balance scorecard

Question 30

measure performance of competitive product against another business in industry

Answer 30

benchmarking

Question 31

identify internal opportunities improvement

Answer 31

benchmarking

Question 32

group of people represent interest company shareholder

Answer 32

board of directors

Question 33

provide guidance and advice to org ceo and exec team

Answer 33

board of directors

Question 34

general oversight of operations

Answer 34

board of directors

Question 35

governing body of company

Answer 35

board of directors

Question 36

elected by shareholed public com set, strategize and oversee manage

Answer 36

board of directors

Question 37

enterprising entity or org carry professional act

Answer 37

business

Question 38

for-profit

Answer 38

business to gain profit

Question 39

non profit

Answer 39

charitable