MGT ~ Exam 1 Questions &
Answers111
_________ is the process of working with people and resources to accomplish organized goals. -
ANSWERS-Management
To be _________ is to acieve organizational goals - ANSWERS-effective
To be ________ is to achieve goals with minimal waste of resources - that is, to make the best
possible use of money, time, materials, and people. - ANSWERS-Efficient
________ is specifying the goals to be achieved anad deciding in advance the appropriate
actions needed to achieve those goals. - ANSWERS-Planning
In todays highly competitive buisness environment, the planning function can also be described
as ____________________ - ANSWERS-Delivering strategic value
________ describes the monetary amount associated with how well a job, task, good or service
meets users. - ANSWERS-Value
_________ is the process of assembling and coordinating the human, finacial, physical,
informational, and other resources nedded to achieve goals. - ANSWERS-Organizing
The organizing function's goal is to build a ________ organization. - ANSWERS-dynamic
_______ is stimulating people to be high performers. - ANSWERS-Leading
,______________ is about monitoring performance and making necessary changes in a timely
manner. - ANSWERS-Controlling
Planning, organizing, and leading do not __________ success. - ANSWERS-guarantee
Control must include __________. - ANSWERS-monitoring
The key managerial challenged are far more dynamic than in the past; they involve continually
_____________ and ________________. - ANSWERS-Learning and changing
Systematically making decisions about which goals and activiteis to presue - ANSWERS-Planning
Asssembling and coordinating resources needed to achieve goals - ANSWERS-Organizing
stimulating high performance by employees - ANSWERS-leading
Monitoring performance and making needed changes - ANSWERS-Controlling
Four Functions of Management - ANSWERS-planning, organizing, leading, controlling
The process of working with people and resources to accomplish organizational goals is called
______. - ANSWERS-management
The management function of planning is defined as ______. - ANSWERS-specifying the goals to
be achieved and deciding in advance the appropriate actions needed to achieve those goals
Which of the following are planning activities in management? - ANSWERS-- Analyzing current
situations
,- Determining objectives
- Choosing corporate and business strategies
- Determining the resources needed to achieve the organization's goals
- Anticipating the future
- Deciding what type of activities the company will engage in
Gathering and coordinating human, financial, physical, informational, and other resources
needed to achieve goals is called ______. - ANSWERS-organizing
The management function that involves the manager's efforts to stimulate high performance by
employees is called ______. - ANSWERS-leading
Moses is making the best possible use of money, time, materials, and people. By achieving goals
with minimal waste of resources he is being ______. - ANSWERS-efficient
Which of the following is the definition of controlling? - ANSWERS-Supervising performance and
making needed changes
The management function of specifying the goals to be achieved and deciding in advance the
appropriate actions needed to achieve those goals is called _______. - ANSWERS-planning
What is the best attitude for a manager to have in regard to the four functions of management?
- ANSWERS-Prioritize all four functions equally.
Which of the following is a planning activity? - ANSWERS-Determining the resources needed to
achieve the organization's goals
Which of the following are the roles of top-level managers? - ANSWERS-- Work extensively with
outside individuals and organizations
, - Overall management of the organization
- Focus on broad strategic issues
The management function of organizing includes: - ANSWERS-assembling and coordinating all
resources needed to achieve goals
Which of the following are the responsibilities of middle-level managers? - ANSWERS-- Putting
together separate business plans from lower units for higher level corporate review
- Breaking down corporate objectives into business unit targets
- Serving as nerve centers of internal communication between top management and front lines
The ability to motivate and communicate effectively with employees is called ______. -
ANSWERS-leading
Which of the following are the roles and responsibilities of frontline managers? - ANSWERS--
Implementing the specific plans developed with middle managers
- Supervising the operations of the organization
The management function of monitoring performance and making needed changes is called
______. - ANSWERS-controlling
A relatively new type of manager who engages in a variety of behaviors designed to achieve
work group effectiveness is called a(n) ______. - ANSWERS-team leader
In today's global economy, most mangers engage in the four functions of management by
______. - ANSWERS-performing all four functions simultaneously throughout the day
Handling disturbances, allocating resources, and engaging in negotiations are activities that fall
under which category of management roles? - ANSWERS-decisional
Answers111
_________ is the process of working with people and resources to accomplish organized goals. -
ANSWERS-Management
To be _________ is to acieve organizational goals - ANSWERS-effective
To be ________ is to achieve goals with minimal waste of resources - that is, to make the best
possible use of money, time, materials, and people. - ANSWERS-Efficient
________ is specifying the goals to be achieved anad deciding in advance the appropriate
actions needed to achieve those goals. - ANSWERS-Planning
In todays highly competitive buisness environment, the planning function can also be described
as ____________________ - ANSWERS-Delivering strategic value
________ describes the monetary amount associated with how well a job, task, good or service
meets users. - ANSWERS-Value
_________ is the process of assembling and coordinating the human, finacial, physical,
informational, and other resources nedded to achieve goals. - ANSWERS-Organizing
The organizing function's goal is to build a ________ organization. - ANSWERS-dynamic
_______ is stimulating people to be high performers. - ANSWERS-Leading
,______________ is about monitoring performance and making necessary changes in a timely
manner. - ANSWERS-Controlling
Planning, organizing, and leading do not __________ success. - ANSWERS-guarantee
Control must include __________. - ANSWERS-monitoring
The key managerial challenged are far more dynamic than in the past; they involve continually
_____________ and ________________. - ANSWERS-Learning and changing
Systematically making decisions about which goals and activiteis to presue - ANSWERS-Planning
Asssembling and coordinating resources needed to achieve goals - ANSWERS-Organizing
stimulating high performance by employees - ANSWERS-leading
Monitoring performance and making needed changes - ANSWERS-Controlling
Four Functions of Management - ANSWERS-planning, organizing, leading, controlling
The process of working with people and resources to accomplish organizational goals is called
______. - ANSWERS-management
The management function of planning is defined as ______. - ANSWERS-specifying the goals to
be achieved and deciding in advance the appropriate actions needed to achieve those goals
Which of the following are planning activities in management? - ANSWERS-- Analyzing current
situations
,- Determining objectives
- Choosing corporate and business strategies
- Determining the resources needed to achieve the organization's goals
- Anticipating the future
- Deciding what type of activities the company will engage in
Gathering and coordinating human, financial, physical, informational, and other resources
needed to achieve goals is called ______. - ANSWERS-organizing
The management function that involves the manager's efforts to stimulate high performance by
employees is called ______. - ANSWERS-leading
Moses is making the best possible use of money, time, materials, and people. By achieving goals
with minimal waste of resources he is being ______. - ANSWERS-efficient
Which of the following is the definition of controlling? - ANSWERS-Supervising performance and
making needed changes
The management function of specifying the goals to be achieved and deciding in advance the
appropriate actions needed to achieve those goals is called _______. - ANSWERS-planning
What is the best attitude for a manager to have in regard to the four functions of management?
- ANSWERS-Prioritize all four functions equally.
Which of the following is a planning activity? - ANSWERS-Determining the resources needed to
achieve the organization's goals
Which of the following are the roles of top-level managers? - ANSWERS-- Work extensively with
outside individuals and organizations
, - Overall management of the organization
- Focus on broad strategic issues
The management function of organizing includes: - ANSWERS-assembling and coordinating all
resources needed to achieve goals
Which of the following are the responsibilities of middle-level managers? - ANSWERS-- Putting
together separate business plans from lower units for higher level corporate review
- Breaking down corporate objectives into business unit targets
- Serving as nerve centers of internal communication between top management and front lines
The ability to motivate and communicate effectively with employees is called ______. -
ANSWERS-leading
Which of the following are the roles and responsibilities of frontline managers? - ANSWERS--
Implementing the specific plans developed with middle managers
- Supervising the operations of the organization
The management function of monitoring performance and making needed changes is called
______. - ANSWERS-controlling
A relatively new type of manager who engages in a variety of behaviors designed to achieve
work group effectiveness is called a(n) ______. - ANSWERS-team leader
In today's global economy, most mangers engage in the four functions of management by
______. - ANSWERS-performing all four functions simultaneously throughout the day
Handling disturbances, allocating resources, and engaging in negotiations are activities that fall
under which category of management roles? - ANSWERS-decisional
