MGMT 1000 - Chapter 6 Revision Exam
With Answers Scored A+.
Management - Answer The process of planning, organizing, leading, and controlling a business's
financial, physical, human, and information resources in order to achieve its goals
Planning - Answer The portion of a manager's job concerned with determining what the business
needs to do and the best way to achieve it
Managers - Answer The people who plan, organize, lead, and control the operations of an organization
Organizing - Answer The portion of a manager's job concerned with mobilizing the necessary resources
to complete a particular task
Leading (or directing) - Answer The portion of a manager's job concerned with guiding and motivating
employees to meet the firm's objectives
Controlling - Answer The portion of a manager's job concerned with monitoring the firm's performance
and, if necessary, acting to bring it in line with the firm's goals
Top Managers - Answer Those managers responsible for a firm's overall performance and effectiveness
and for developing long-range plans for the company
Middle Managers - Answer Those managers responsible for implementing the decisions made by the
top managers
First-Line Managers - Answer Those managers responsible for supervising the work of employees
Technical Skills - Answer Skills associated with performing specialized tasks within a firm
Human Relations Skills - Answer Skills in understanding and getting along with people
With Answers Scored A+.
Management - Answer The process of planning, organizing, leading, and controlling a business's
financial, physical, human, and information resources in order to achieve its goals
Planning - Answer The portion of a manager's job concerned with determining what the business
needs to do and the best way to achieve it
Managers - Answer The people who plan, organize, lead, and control the operations of an organization
Organizing - Answer The portion of a manager's job concerned with mobilizing the necessary resources
to complete a particular task
Leading (or directing) - Answer The portion of a manager's job concerned with guiding and motivating
employees to meet the firm's objectives
Controlling - Answer The portion of a manager's job concerned with monitoring the firm's performance
and, if necessary, acting to bring it in line with the firm's goals
Top Managers - Answer Those managers responsible for a firm's overall performance and effectiveness
and for developing long-range plans for the company
Middle Managers - Answer Those managers responsible for implementing the decisions made by the
top managers
First-Line Managers - Answer Those managers responsible for supervising the work of employees
Technical Skills - Answer Skills associated with performing specialized tasks within a firm
Human Relations Skills - Answer Skills in understanding and getting along with people
