COPY: Engineering Management Chapter 1

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What main responsibilities do managers have in a company?

Lead teams and communicate effectively (correct)

Oversee equipment maintenance and repairs

Focus solely on financial performance

Provide technical support and design products

How can engineers contribute to maintaining competitiveness in a rapidly changing economy?

By avoiding collaboration with business partners

By limiting the application of technology

By obtaining management training (correct)

By focusing exclusively on engineering skills

Which of the following resources do managers utilize according to the description provided?

Raw materials and inventory management

Only human capital

Legal and regulatory frameworks

Time, equipment, and technology know-how (correct)

What type of teams do managers guide according to the content?

Projects, task forces, and quality circles Signup and view all the answers

What is the primary role of communication for managers?

To build relationships and clarify objectives Signup and view all the answers

Which statement best describes the challenge for engineers in the new millennium?

Technology is advancing rapidly and competition is global Signup and view all the answers

Which action is NOT typically associated with managerial responsibilities?

Technical troubleshooting Signup and view all the answers

Which of the following best describes 'external business partners' in a management context?

Customers, suppliers, and aligned companies Signup and view all the answers

Which of the following best describes the contributions of Elton Mayo and Fritz Roethlisberger?

They studied the impact of human factors on work output. Signup and view all the answers

What was one of the significant contributions of Henri Fayol to management theory?

He divided industrial activities into six categories. Signup and view all the answers

According to Max Weber's model, which of the following elements is not typically included?

Emotional intelligence training Signup and view all the answers

Which aspect of management does the quantitative approach primarily focus on?

Decision making processes Signup and view all the answers

What was one of the primary focuses of Taylor's approach to management?

Applying engineering sciences to task analysis Signup and view all the answers

Which management theory developed by McGregor portrays a pessimistic view of workers?

Theory X Signup and view all the answers

In the context of management, what does the term 'operations research' refer to?

Expressing management problems mathematically Signup and view all the answers

What does the systems approach to management emphasize?

Interrelated organizational systems influenced by the environment Signup and view all the answers

What is a common purpose of both Engineering Management and Management of Technology degree programs?

To train managers to align technology with organizational objectives Signup and view all the answers

Which of the following is NOT a management issue addressed by the Management of Technology degree program?

Maximizing product sales through marketing strategies Signup and view all the answers

What advantage do professionals gain by accumulating management experience in volunteer organizations?

They are more likely to secure management positions in the future. Signup and view all the answers

Which key management concern is highlighted in the Management of Technology program?

Transitioning between various technological domains efficiently Signup and view all the answers

How are the Management of Technology and Engineering Management programs fundamentally related?

They aim to educate managers in various aspects of technology. Signup and view all the answers

Which of the following best describes a key topic covered in these degree programs?

Fostering collaboration in large, complex projects Signup and view all the answers

What is one of the goals of management education for engineers as outlined in the content?

To enhance their ability to lead interdisciplinary projects Signup and view all the answers

Which of the following describes a misconception about the Engineering Management degree?

It exclusively trains engineers in basic project management. Signup and view all the answers

What is the primary focus of Theory Z in management?

Emphasizing collective decision-making Signup and view all the answers

Which level of Maslow's hierarchy is not addressed by Theory Z?

Self-actualization needs Signup and view all the answers

According to Theory X, how are workers generally perceived?

As passive participants Signup and view all the answers

What aspect of management does Theory X primarily focus on?

Inducing motivation through external control Signup and view all the answers

Which of the following is a principle suggested by Theory Z?

Lifetime employment offers Signup and view all the answers

What role does the middle manager play in Theory Z?

Facilitator and coordinator Signup and view all the answers

How does Theory Y contrast with Theory X regarding employee motivation?

Theory Y believes in intrinsic employee motivation Signup and view all the answers

What significant factor does Theory Z take into account about modern workforces?

The impact of globalization and workforce diversity Signup and view all the answers

What is the primary purpose of the company importing foreign products under its own brand name?

To gauge market acceptance of new products at a low price. Signup and view all the answers

Which of the following is NOT typically included in a private-label production contract with a foreign producer?

Profit-sharing percentages with the foreign producer. Signup and view all the answers

What responsibility does the company assume in the private-label arrangement?

To handle marketing, distribution, and sales in the target market. Signup and view all the answers

What is meant by 'first-refusal rights' in the context of investments in the foreign producer?

The right to accept or decline funds and technology investments from the company. Signup and view all the answers

If the foreign producer fails to meet the defect rate stipulated in the contract, what is likely to happen?

The company may need to renegotiate the contract terms. Signup and view all the answers

What does the company agree to do regarding the proprietary design of the foreign producer?

Protect the proprietary designs and not use them for its own products. Signup and view all the answers

Which aspect of the private-label arrangement can be canceled after the initial period of collaboration?

The entire contract agreement, including marketing duties. Signup and view all the answers

What potential advantage does the company have by investing in the foreign producer?

The chance to create new product innovations with the producer. Signup and view all the answers