MGMT 310 FIRST MODULE CERTIFICATION
TEST 2026 FULL ANSWERS GRADED A+
⫸ Management Answer:Working with and through a group of people
to accomplish a desired goal or objective, and doing it in an efficient
and effective manner
⫸ Leadership Answer:The ability to drive and change innovation
through inspiring and motivating your employees
⫸ What is the difference between leadership and management?
Answer:Managers plan and budget, organize and staff, and control
and problem solve. Leaders set direction, align people, and motivate
and inspire them
⫸ Bureaucratic organization structure Answer:Max Weber (1900s)
-A clear differentiation of tasks and responsibilities
-Coordination through strict hierarchy of authority and decision rights
-Standardization of rules and procedures
-Vertical separation of planning and execution
-Plans made in upper ranks of an organization, executed in the lower
ranks
⫸ Scientific Management Answer:(1910s) -- a focus on how jobs,
work, and incentive schemes could be designed to improve
productivity using industrial engineering methods
, ⫸ Human Relations Movement Answer:(1930s) -- organizations are
systems of interdependent people who all have a common interest in
the survival of the business
⫸ Contingent View Answer:(1950s-1960s) -- organizations should be
structured with fits/alignments between them and different aspects of
their environments, fit contextual factors
⫸ How has the purpose of a business changed across time (think Al
Dunlap)? Answer:- Business Environment
- Managerial View
- Shareholder View
- Stakeholder View
⫸ Managerial view Answer:(up to 1960s) -- PRODUCTION -- the
business is a mechanism for making raw materials into products to
sell
⫸ Shareholder view Answer:(1969s-1980s) -- FINANCIAL
PERFORMANCE -- the business is a framework and managers have
to produce the highest stock market valuation of its assets
⫸ Stakeholder view Answer:(since 1990s) -- SERVING MULTIPLE
CONSTITUENTS -- the business is a framework that needs to
organize and analyze different groups interacting with it
TEST 2026 FULL ANSWERS GRADED A+
⫸ Management Answer:Working with and through a group of people
to accomplish a desired goal or objective, and doing it in an efficient
and effective manner
⫸ Leadership Answer:The ability to drive and change innovation
through inspiring and motivating your employees
⫸ What is the difference between leadership and management?
Answer:Managers plan and budget, organize and staff, and control
and problem solve. Leaders set direction, align people, and motivate
and inspire them
⫸ Bureaucratic organization structure Answer:Max Weber (1900s)
-A clear differentiation of tasks and responsibilities
-Coordination through strict hierarchy of authority and decision rights
-Standardization of rules and procedures
-Vertical separation of planning and execution
-Plans made in upper ranks of an organization, executed in the lower
ranks
⫸ Scientific Management Answer:(1910s) -- a focus on how jobs,
work, and incentive schemes could be designed to improve
productivity using industrial engineering methods
, ⫸ Human Relations Movement Answer:(1930s) -- organizations are
systems of interdependent people who all have a common interest in
the survival of the business
⫸ Contingent View Answer:(1950s-1960s) -- organizations should be
structured with fits/alignments between them and different aspects of
their environments, fit contextual factors
⫸ How has the purpose of a business changed across time (think Al
Dunlap)? Answer:- Business Environment
- Managerial View
- Shareholder View
- Stakeholder View
⫸ Managerial view Answer:(up to 1960s) -- PRODUCTION -- the
business is a mechanism for making raw materials into products to
sell
⫸ Shareholder view Answer:(1969s-1980s) -- FINANCIAL
PERFORMANCE -- the business is a framework and managers have
to produce the highest stock market valuation of its assets
⫸ Stakeholder view Answer:(since 1990s) -- SERVING MULTIPLE
CONSTITUENTS -- the business is a framework that needs to
organize and analyze different groups interacting with it
