MGT 300 Exam 1 (Chapters 1, 2, 3 & 4) ACTUAL UPDATED QUESTIONS AND
CORRECT ANSWERS
, 6 Parts of the Management Process 1. Input
2. Planning
3. Organizing
4. Leading
5. Controlling
6. Output
Controlling the process of determining the ways and means of following-up to ensure that
actual performance is leading to goal attainment.
Output Efficient & effective performance, Products and/or services desired by customers
Leading refers to utilizing influence to motivate employees to achieve goals.
Organizing the management function of determining the resources and activities required to
achieve the organization's objectives and combining them to create a formal
structure, assigning responsibility, and delegating authority to carry out
assignments
Planning the process of setting goals and determining the actions necessary to attain them.
Thus, planning involves determining the "what" and the "how."
Input Human Capital, Financial Capital, Raw Materials, Technological, Information
What are the levels of management? 1. Top
2. Middle
3. First-Line
Top Management CEO's, CIO's, Presidents
Middle Management VP, Division Heads, Directors
First-Line Management Supervisors, Foreman, Team Leaders, Coaches
What are the Organizational Functions & Management 1. Primary Functions
Types? 2. Support Functions
3. General/Functional Managers
CORRECT ANSWERS
, 6 Parts of the Management Process 1. Input
2. Planning
3. Organizing
4. Leading
5. Controlling
6. Output
Controlling the process of determining the ways and means of following-up to ensure that
actual performance is leading to goal attainment.
Output Efficient & effective performance, Products and/or services desired by customers
Leading refers to utilizing influence to motivate employees to achieve goals.
Organizing the management function of determining the resources and activities required to
achieve the organization's objectives and combining them to create a formal
structure, assigning responsibility, and delegating authority to carry out
assignments
Planning the process of setting goals and determining the actions necessary to attain them.
Thus, planning involves determining the "what" and the "how."
Input Human Capital, Financial Capital, Raw Materials, Technological, Information
What are the levels of management? 1. Top
2. Middle
3. First-Line
Top Management CEO's, CIO's, Presidents
Middle Management VP, Division Heads, Directors
First-Line Management Supervisors, Foreman, Team Leaders, Coaches
What are the Organizational Functions & Management 1. Primary Functions
Types? 2. Support Functions
3. General/Functional Managers
