MGMT 309 FINAL EXAM (WESNER TAMU) || 100% Verified
Solutions.
Competition correct answers No organization is insulated from the effects of foreign markets and
competition.
Diversification Strategies correct answers Three types: single product strategy, related
diversification, unrelated diversification.
Programmed Decisions correct answers These are used, for example, if you use what you know
about training dogs to train dogs. (hint)
Effective Management correct answers Recognizes the key elements of it's environment and
ideal alignment. Works to maintain the ideal alignment.
Various Functions of Management correct answers Planning and Decision Making, Organizing,
Leading, Controlling.
Planning and Decision Making correct answers Setting the organization's goals and deciding how
best to achieve them
Organizing correct answers Determining how best to group activities and resources
Controlling correct answers Monitoring and correcting ongoing activities to facilitate goal
attainmen
Leading correct answers Motivating members of the organization to work in the best interests of
the organization
Levels of Management correct answers Top, Middle and First Line
, First Line Managers correct answers First-line managers supervise and coordinate the activities
of operating employees.
Middle Managers correct answers Middle managers are responsible primarily for implementing
the policies and plans developed by top managers and for supervising and coordinating the
activities of lower-level managers.
Top Managers correct answers Top managers create the organization's goals, overall strategy, and
operating policies. They also officially represent the organization to the external environment by
meeting with government officials, executives of other organizations, and so forth. Also, they
establish the organization's culture and define what will and will not be acceptable behavior.
Managerial Roles correct answers interpersonal, informational, decisional
Interpersonal Managerial Roles correct answers FIGUREHEAD: taking visitors to dinner,
attending ribbon-cutting ceremonies, and the like. LEADER: hiring, training, and motivating
employees. LIASION: his role often involves serving as a coordinator or link among people,
groups, or organizations.
Information Managerial Roles correct answers MONITOR: one who actively seeks information
that may be of value. DISSEMINATOR of information: transmitting relevant information back
to others in the workplace. SPOKESPERSON: formally relays information to people outside the
unit or outside the organization.
Decisional Managerial Roles correct answers ENTREPRENUER: the voluntary initiator of
change. DISTURBANCE HANDLER: by handling such problems as strikes, copyright
infringements, or problems in public relations or corporate image. RESOURCE ALLOCATOR:
he manager decides how resources are distributed and with whom he or she will work most
closely. NEGOTIATOR: In this role the manager enters into negotiations with other groups or
organizations as a representative of the company.
Solutions.
Competition correct answers No organization is insulated from the effects of foreign markets and
competition.
Diversification Strategies correct answers Three types: single product strategy, related
diversification, unrelated diversification.
Programmed Decisions correct answers These are used, for example, if you use what you know
about training dogs to train dogs. (hint)
Effective Management correct answers Recognizes the key elements of it's environment and
ideal alignment. Works to maintain the ideal alignment.
Various Functions of Management correct answers Planning and Decision Making, Organizing,
Leading, Controlling.
Planning and Decision Making correct answers Setting the organization's goals and deciding how
best to achieve them
Organizing correct answers Determining how best to group activities and resources
Controlling correct answers Monitoring and correcting ongoing activities to facilitate goal
attainmen
Leading correct answers Motivating members of the organization to work in the best interests of
the organization
Levels of Management correct answers Top, Middle and First Line
, First Line Managers correct answers First-line managers supervise and coordinate the activities
of operating employees.
Middle Managers correct answers Middle managers are responsible primarily for implementing
the policies and plans developed by top managers and for supervising and coordinating the
activities of lower-level managers.
Top Managers correct answers Top managers create the organization's goals, overall strategy, and
operating policies. They also officially represent the organization to the external environment by
meeting with government officials, executives of other organizations, and so forth. Also, they
establish the organization's culture and define what will and will not be acceptable behavior.
Managerial Roles correct answers interpersonal, informational, decisional
Interpersonal Managerial Roles correct answers FIGUREHEAD: taking visitors to dinner,
attending ribbon-cutting ceremonies, and the like. LEADER: hiring, training, and motivating
employees. LIASION: his role often involves serving as a coordinator or link among people,
groups, or organizations.
Information Managerial Roles correct answers MONITOR: one who actively seeks information
that may be of value. DISSEMINATOR of information: transmitting relevant information back
to others in the workplace. SPOKESPERSON: formally relays information to people outside the
unit or outside the organization.
Decisional Managerial Roles correct answers ENTREPRENUER: the voluntary initiator of
change. DISTURBANCE HANDLER: by handling such problems as strikes, copyright
infringements, or problems in public relations or corporate image. RESOURCE ALLOCATOR:
he manager decides how resources are distributed and with whom he or she will work most
closely. NEGOTIATOR: In this role the manager enters into negotiations with other groups or
organizations as a representative of the company.
