INTRO TO MANAGEMENT EXAM 1- RUTGERS
HAMILTON UPDATED EXAMS WITH CORRECT
ANSWERS 2026/2027 /PASS GUIDE
2 Keys for managers to use for effective Inner Work Life - ANS ✅✅-1. Enable workers to
move forward in their work
2. Treat them with respect and dignity
3 Broad Strategies for Organizational Control - ANS ✅✅-Bureaucratic Control- Uses of
top down management- measuring performance- taking action to correct problems
Market control- prices, competition, profit centers
Clan Control - involves culture, shared beliefs, expectations
3 main mechanisms of Corporate Governance - ANS ✅✅-1. Committed BoD to align
company strategies with shareholder values
2. Shareholder activism- owners become actively engaged
3. Reward and compensation agreements
4 Principles to increase efficiency - ANS ✅✅-1. Study the work and experiment with
different processes
2. Codify the best methods
3. Hire and align worker skills with jobs
, 4. Provide fair pay and incentives
4 steps of organization design - ANS ✅✅-1. Create productive and meaningful jobs
2. group Jobs and create structure
-task and reporting relationships
that coordinates and motivates organizational members
3. Integrate and Coordinate work flows
- informational flow
-matrix structure
4. Establish culture
5 generic competitive strategies - ANS ✅✅-Low-Cost Provider-Lower costs overall than
rivals
Broad differentiation- varying products in order to attract more buyers
Focused low cost- price-sensitive buyer offers lower price
focused differentiation- Niche Markets
Best-Cost provider- upscale attributes at a lower price
Administrative theory - ANS ✅✅-Max Weber: 5 principles of bureaucracy- developing
organization structure
Henri Fayol- 14 principles of efficiency
Behavioral Management - ANS ✅✅-Mary Follet- Human side of management-
collaboration- knowledge= job
HAMILTON UPDATED EXAMS WITH CORRECT
ANSWERS 2026/2027 /PASS GUIDE
2 Keys for managers to use for effective Inner Work Life - ANS ✅✅-1. Enable workers to
move forward in their work
2. Treat them with respect and dignity
3 Broad Strategies for Organizational Control - ANS ✅✅-Bureaucratic Control- Uses of
top down management- measuring performance- taking action to correct problems
Market control- prices, competition, profit centers
Clan Control - involves culture, shared beliefs, expectations
3 main mechanisms of Corporate Governance - ANS ✅✅-1. Committed BoD to align
company strategies with shareholder values
2. Shareholder activism- owners become actively engaged
3. Reward and compensation agreements
4 Principles to increase efficiency - ANS ✅✅-1. Study the work and experiment with
different processes
2. Codify the best methods
3. Hire and align worker skills with jobs
, 4. Provide fair pay and incentives
4 steps of organization design - ANS ✅✅-1. Create productive and meaningful jobs
2. group Jobs and create structure
-task and reporting relationships
that coordinates and motivates organizational members
3. Integrate and Coordinate work flows
- informational flow
-matrix structure
4. Establish culture
5 generic competitive strategies - ANS ✅✅-Low-Cost Provider-Lower costs overall than
rivals
Broad differentiation- varying products in order to attract more buyers
Focused low cost- price-sensitive buyer offers lower price
focused differentiation- Niche Markets
Best-Cost provider- upscale attributes at a lower price
Administrative theory - ANS ✅✅-Max Weber: 5 principles of bureaucracy- developing
organization structure
Henri Fayol- 14 principles of efficiency
Behavioral Management - ANS ✅✅-Mary Follet- Human side of management-
collaboration- knowledge= job
