MGMT 310 INTRODUCTORY STUDY
GUIDE 2026 QUESTIONS WITH 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
GUIDE 2026 QUESTIONS WITH 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
