MGT 300 EXAM 1 CHAPTERS 1, 2, 3 & 4
COMPLETE STUDY GUIDE WITH
PRACTICE QUESTIONS, ANSWERS
AND COMPREHENSIVE TEST REVIEW
Updated 2026 Questions and Answers | 100% Verified
Exam Prep
, 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 Types? 1. Primary Functions
2. Support Functions
3. General/Functional Managers
What are the Primary Functions? 1. Operations: production, manufacturing, or the generation of service
2. Marketing: distribution, promotion, sales
3. Finance: acquisition and use of funds, budgeting
Support Functions Organizational functions necessary to keep the primary organizational functions
operating effectively.
General/Functional Managers Managers responsible for any one primary of support function, such as human resources.
What are the Managerial Skills? 1. Conceptual
2. Technical
3. Human Relations
COMPLETE STUDY GUIDE WITH
PRACTICE QUESTIONS, ANSWERS
AND COMPREHENSIVE TEST REVIEW
Updated 2026 Questions and Answers | 100% Verified
Exam Prep
, 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 Types? 1. Primary Functions
2. Support Functions
3. General/Functional Managers
What are the Primary Functions? 1. Operations: production, manufacturing, or the generation of service
2. Marketing: distribution, promotion, sales
3. Finance: acquisition and use of funds, budgeting
Support Functions Organizational functions necessary to keep the primary organizational functions
operating effectively.
General/Functional Managers Managers responsible for any one primary of support function, such as human resources.
What are the Managerial Skills? 1. Conceptual
2. Technical
3. Human Relations
