MGT 202 Questions with Correct Answers
Organization
A group of people who work together to achieve some specific purpose
Management
the pursuit of organizational goals efficiently and effectively by integrating the work of
people through planning, organizing, leading, and controlling the organization's resources
Efficiency
The means of attaining the organization's goals
To use resources - people, money, raw materials, and the like - wisely and cost-effectively.
Max impact from min input
Doing things right
Effectiveness
The ends, the goals, quality
To achieve results, to make the right decisions, and to successfully carry them out so that they
achieve the organization's goals
Doing the right things
multiplier effect
,your influence on the organization is multiplied far beyond the results that can be achieved by
just one person acting alone
planning
you set goals and decide how to achieve them
establish goals + strategies
organizing
you arrange tasks, people, and other resources to accomplish the work
assigning tasks, telling people what to do
leading
you motivate, direct, and otherwise influence people to work hard to achieve the
organization's goals
motivate, inspire, pushing people to work hard
controlling
you monitor performance, compare it with goals, and take corrective action as needed
measure and monitor
top managers
CEO, COO, Pres, VP
, make long term decisions about overall direction of the organization and establish the
objectives, policies, and strategies for it
middle managers
implement the policies and plans of the top managers above them and supervise and
coordinate the activities of the first-line managers below them
mediating role
deal with people rather than screens
first line managers
department head, foreperson, or supervisor
make short term operating decisions, directing the daily tasks of nonmanagerial personnel,
who work directly at their jobs but don't oversee the work of others
team leaders
Facilitate team members' activities to help teams achieve their goals
Nonmanagerial Employees
either work alone on tasks or with others on a variety of teams
bulk of company's workforce
functional managers
Organization
A group of people who work together to achieve some specific purpose
Management
the pursuit of organizational goals efficiently and effectively by integrating the work of
people through planning, organizing, leading, and controlling the organization's resources
Efficiency
The means of attaining the organization's goals
To use resources - people, money, raw materials, and the like - wisely and cost-effectively.
Max impact from min input
Doing things right
Effectiveness
The ends, the goals, quality
To achieve results, to make the right decisions, and to successfully carry them out so that they
achieve the organization's goals
Doing the right things
multiplier effect
,your influence on the organization is multiplied far beyond the results that can be achieved by
just one person acting alone
planning
you set goals and decide how to achieve them
establish goals + strategies
organizing
you arrange tasks, people, and other resources to accomplish the work
assigning tasks, telling people what to do
leading
you motivate, direct, and otherwise influence people to work hard to achieve the
organization's goals
motivate, inspire, pushing people to work hard
controlling
you monitor performance, compare it with goals, and take corrective action as needed
measure and monitor
top managers
CEO, COO, Pres, VP
, make long term decisions about overall direction of the organization and establish the
objectives, policies, and strategies for it
middle managers
implement the policies and plans of the top managers above them and supervise and
coordinate the activities of the first-line managers below them
mediating role
deal with people rather than screens
first line managers
department head, foreperson, or supervisor
make short term operating decisions, directing the daily tasks of nonmanagerial personnel,
who work directly at their jobs but don't oversee the work of others
team leaders
Facilitate team members' activities to help teams achieve their goals
Nonmanagerial Employees
either work alone on tasks or with others on a variety of teams
bulk of company's workforce
functional managers
