and Answers 100% Pass
What do the examples of the Mesopotamian plow, the McCormick reaper, and the gas-
powered tractor help to explain? - ✔✔advancement is important for getting the most
production from our efforts
Understanding people and organizations is valuable for whom? - ✔✔everyone
The core element of management is understanding what? - ✔✔human interaction
The organization and coordination of the activities of a business in order to achieve
organizational goals. - ✔✔management
allocate resources, oversee first-line managers, develop and implement activities -
✔✔Middle Managers
set objectives, scan environment, plan and make decisions - ✔✔Top Managers
coordinate activities, supervise employees, report to middle managers, involved in day-
to-day operations - ✔✔first-line managers
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,A group of individuals that are elected as representatives of the stockholders to
establish corporate management-related policies and to make decisions on major
company issues. and they oversee the activities of the firm to ensure that the
organization is maximizing value to its stakeholders - ✔✔board of directors
Which level of manager is typically in charge of allocating resources and developing
activities? - ✔✔middle managers
Whose job is it to oversee the activities of the firm and ensure that the organization is
maximizing value to its stakeholders? - ✔✔board of directors
Which manager's duties include planning and making decisions and setting objectives
for the organization? - ✔✔top managers
In 1916, Henri Fayol came up with the functions of management that managers need to
be concerned with and manage around throughout their days to be successful. Those
functions are... - ✔✔Planning, Organizing, Leading and Controlling
Identifying goals, establishing objectives, and implementing action plans within the
constraints of the organization. As a manager, you need to be aware, not only, of what
ultimate goals you are working toward, but also how you want to try to achieve them.
This is the starting point of the management process. - ✔✔planning
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, Delegation of tasks to different individuals and work groups. Understanding which
employees or groups have the skillsets to accomplish tasks in the most efficient and
effective manner possible is imperative from a strategic standpoint. - ✔✔organizing
Motivating and directing employees towards the achievement of organizational goals.
The ability to get the most out of your employees can separate the successful managers
from the failures. - ✔✔leading
Measuring the performance of employees and work groups against established
standards. Are employees living up to expectations from supervisors and consumers in
regards to different measurables like quality? If your organization isn't where you
expect to be, we go back through our process and tweak as needed, beginning with the
planning function. - ✔✔controlling
The ability to think analytically and understand complicated or abstract ideas. -
✔✔conceptual skills
Specific knowledge needed to perform a specialized skill. - ✔✔technical skills
The ability to communicate and relate to people. - ✔✔human skills
the ability to motivate, inspire trust, communicate, network and manage human
interaction at all levels - ✔✔soft skills
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