MGMT 309 EXAM 1 Questions And Answers With
Verified Solutions
Bureaucracy ANS A model of organization design based on a legitimate and formal system of
authority.
Highly utilized by Weber
Logical, rational, efficient
How do we define an organization? ANS a group of people working together in a structured
coordinated fashion to achieve a set of goals;
Human resources
Financial resources
Physical resources
Information resources
How does a startup company form? ANS
What is management? ANS a set of activities - planning and decision making, organizing,
leading, and controlling - directed at an organization's human, financial, physical, and information
resources with the aim of achieving organizational goals in an efficient and effective manner.
What are the functions of management? ANS planning and decision making, organizing, leading,
and controlling.
Function of Management: Planning ANS Setting the organization's goals and deciding how best
to achieve them
Function of Management: Organizing ANS Determining how best to group activities and
resources
, Function of Management: Controlling ANS Monitoring and correcting ongoing activities to
facilitate goal attainment
Function of Management: Leading ANS Motivating members of the organization to work in the
best interests of the organization
What are the different managerial roles? ANS Interpersonal roles, informational roles, and
Decision roles
Managerial roles: Interpersonal roles ANS Figurehead
• Leader
• Liaison
• Involves dealing with other people.
Managerial Roles: Informational roles ANS • Monitor
• Disseminator
• Spokesperson
• Involves the processing of information.
Managerial roles: Decisional Roles ANS • Entrepreneur
• Disturbance handler
• Resource allocator
• Negotiator
• Relates primarily to making decisions.
What is operations management? ANS form of applied management science concerned with
helping the organization more efficiently produce its products or services
What is contingency theory (contingency perspective)? ANS suggests that appropriate
managerial behavior in a given situation depends on, or is contingent on, a wide variety of elements.
Verified Solutions
Bureaucracy ANS A model of organization design based on a legitimate and formal system of
authority.
Highly utilized by Weber
Logical, rational, efficient
How do we define an organization? ANS a group of people working together in a structured
coordinated fashion to achieve a set of goals;
Human resources
Financial resources
Physical resources
Information resources
How does a startup company form? ANS
What is management? ANS a set of activities - planning and decision making, organizing,
leading, and controlling - directed at an organization's human, financial, physical, and information
resources with the aim of achieving organizational goals in an efficient and effective manner.
What are the functions of management? ANS planning and decision making, organizing, leading,
and controlling.
Function of Management: Planning ANS Setting the organization's goals and deciding how best
to achieve them
Function of Management: Organizing ANS Determining how best to group activities and
resources
, Function of Management: Controlling ANS Monitoring and correcting ongoing activities to
facilitate goal attainment
Function of Management: Leading ANS Motivating members of the organization to work in the
best interests of the organization
What are the different managerial roles? ANS Interpersonal roles, informational roles, and
Decision roles
Managerial roles: Interpersonal roles ANS Figurehead
• Leader
• Liaison
• Involves dealing with other people.
Managerial Roles: Informational roles ANS • Monitor
• Disseminator
• Spokesperson
• Involves the processing of information.
Managerial roles: Decisional Roles ANS • Entrepreneur
• Disturbance handler
• Resource allocator
• Negotiator
• Relates primarily to making decisions.
What is operations management? ANS form of applied management science concerned with
helping the organization more efficiently produce its products or services
What is contingency theory (contingency perspective)? ANS suggests that appropriate
managerial behavior in a given situation depends on, or is contingent on, a wide variety of elements.
