MGMT 3000 Practice Question Guide With Correct Answers.

An _______ works inside an existing organization, sees opportunity for a product or service, and tries to capitalize on it. - correct answer intrapreneur Explain how the Internet can affect companies or activities that depend heavily on the flow of information: - correct answer -It enables the use of collaborative computing -It lowers the cost of communications -It accelerates decision making, conflict, and stress What are the 4 functions of management? - correct answer 1. Planning 2. Leading 3. Organizing 4. Controlling _______ must have a high tolerance for ambiguity as they are trying to do things that have not been done before. - correct answer Entrepreneurs The regional sales manager coordinates the activities of the local area sales managers within the region. The regional sales manager would be a ______ manager. - correct answer middle ________ is defined as motivating, directing, and otherwise influencing people to work hard to achieve the organization's goals. - correct answer Leading Managers who are responsible for just one organizational activity are called _______ managers. - correct answer functional Those is management who make long-term decisions about the overall direction of the organization and establish the objectives, policies, and strategies are called: - correct answer top managers Managers in nonprofit organizations are often called: - correct answer administrators The main purpose of a nonprofit organization is: - correct answer to offer services to clients True or False: Nonprofit organizations may operate in the private or the public sector. - correct answer True Characteristics of an intrapreneur: - correct answer -Mobilizes organizational resources -Works inside an existing organization -Sees opportunities for a product or service Managers operate within __________, are a group of people who work together try to achieve some specific purpose. - correct answer organizations The managerial function of ________ involves monitoring performance, comparing it to goals, and taking corrective action when needed. - correct answer controlling An example of a top manager is: - correct answer a CEO Technical skills, or the job-specific knowledge needed to perform well in a specialized field, seem to be the most important at the _______ levels of management. - correct answer lower ________ means to use resources-people, money, materials and the like-wisely and cost-effectively. - correct answer Efficiency ________ occurs when employees work from home or remote locations using a variety of information technologies. - correct answer Telecommuting To be _______ means to achieve results, to make the right decisions, and to successfully carry them out in order to achieve the organization's goals. - correct answer effective _______ managers make short-term operating decisions and direct the daily tasks or non-managerial personnel. - correct answer First-line A manager relies more on _______ than on _______ communication. - correct answer verbal;written Informational manager roles: - correct answer -Monitor -Disseminator -Spokesperson Interpersonal manager roles: - correct answer -Figurehead -Leadership -Liaison Decisional manager roles: - correct answer -Entrepreneur -Disturbance handler -Resource allocator -Negotiator The management function of _______ involves setting goals and deciding how to achieve them. - correct answer planning The _________ function of management consists of arranging tasks, people, and other resources needed to accomplish work. - correct answer organizing Directive model implies those at the _____ are more important than those at the ______. - correct answer top; bottom What the directive model suggests: - correct answer