MATH REFRESHER Flashcards
Acid test ratio is also called _____________.
A. quick ratio
B. income ratio
C. current ratio
D. profit ratio
A
Management is:
A. An art
B. Both science and art
C. A science
D. Neither art nor science
A
Engineering is:
A. An art
B. Both science and art
C. A science
D. Neither art nor science
C
Engineers can become good managers only through
____________.
A. Experience
B. Taking master’s degree in
management
C. Effective career planning
D. Trainings
C
If you are an engineer wanting to become a manager, what will you do?
A. Develop new talents
B. Acquire new values
C. Broaden your point of view
D. All of the above
D
When an engineer enters management, what is the most likely problem he finds difficult
to acquire?
A. Learning to trust others
B. Learning how to work through others
C. Learning how to take satisfaction in the work of
others
D. All of the above
D
What management functions refer to the process of
anticipating problems, analyzing them, estimating their likely impact, and determining actions
that will lead to the desired outcomes and goals?
A. Planning
B. Leading
C. Controlling
D. Organizing
A
What refers to establishing interrelationships between people and things in such a way that
human and material resources are effectively focused toward achieving the goal of the company?
A. Planning
B. Leading
C. Controlling
D. Organizing
D
What management function involves selecting candidates and training personnel?
A. Organizing
B. Staffing
C. Motivating
D. Controlling
B
What management function involves orienting personnel in the most effective way and channeling resources?
A. Directing
B. Planning
C. Organizing
D. Leading
A
Actual performance normally is the same as the original plan and therefore it is necessary to
check for deviation and to take corrective action. This action refers to what management function?
A. Organizing
B. Planning
C. Controlling
D. Staffing
C
What refers to management function which is to encourage others to follow the example set for them, with great commitment and conviction?
A. Staffing
B. Motivating
C. Controlling
D. Leading
D
What refers to a principal function of lower management which is to instill in the workforce a commitment and enthusiasm for pursuing the goals of the organization?
A. Directing
B. Motivating
C. Staffing
D. Controlling
B
What refers to the collection of the tools and
techniques that are used on a predefined set of inputs to produce a predefined set of
outputs?
A. Project Management
B. Engineering Management
C. Management
D. Planning
A
Which is NOT an element of project management process?
A. Data and information
B. Research and development
C. Decision making
D. Implementation and action
B