GB 370 EXAM QUESTIONS AND 100%
VERIFIED CORRECT ANSWERS!!
What is an organization?
A group of people working together in a structured and coordinated fashion to achieve a set of
goals
What are the 4 organizational resources?
Physical, Human, Information and Financial
What is a physical resource?
Raw materials.
Ex: Buildings, desks, chairs and computers, etc.
What is a human resource?
Managerial talent and labor.
Ex: Individual people who work at the company
What is a information resource?
Usable data, information linkage.
Ex: Things that managers know, information in people's head
What is financial resources?
Capital investments to support ongoing and long-term operations
What is management?
A set of activities: planning and decision making, organizing, leading and controlling.
Human, financial, physical and information.
What is a manager?
Someone whose primary responsibility is to carry out the management process.
Why has controlling and managing become more difficult?
, There is not longer a " middle manager" to help things go smoothly.
What are the fundamental management skills?
Time management, technical, conceptual, communication, decision making, diagnostic, and
interpersonal.
What are the 2 basic purposes behind management?
Efficiency and Effectiveness
What is efficiency management?
Using resources wisely and in a cost-effective way
What is effectiveness management?
Making the right decisions and successfully implementing them
What are the manager's jobs?
Plan, organize, control and lead/motivate.
What are the 6 different types of managers?
Marketing, financial, operations, human resources, administrative, specialist
What does an interpersonal manager do?
Figurehead, leader and liaison
What does an informational manager do?
Monitor, spokesperson, disseminator.
What does a decisional manager do?
Disturbance handler, entrepreneur, resource allocator, negotiator.
What is the science behind management?
VERIFIED CORRECT ANSWERS!!
What is an organization?
A group of people working together in a structured and coordinated fashion to achieve a set of
goals
What are the 4 organizational resources?
Physical, Human, Information and Financial
What is a physical resource?
Raw materials.
Ex: Buildings, desks, chairs and computers, etc.
What is a human resource?
Managerial talent and labor.
Ex: Individual people who work at the company
What is a information resource?
Usable data, information linkage.
Ex: Things that managers know, information in people's head
What is financial resources?
Capital investments to support ongoing and long-term operations
What is management?
A set of activities: planning and decision making, organizing, leading and controlling.
Human, financial, physical and information.
What is a manager?
Someone whose primary responsibility is to carry out the management process.
Why has controlling and managing become more difficult?
, There is not longer a " middle manager" to help things go smoothly.
What are the fundamental management skills?
Time management, technical, conceptual, communication, decision making, diagnostic, and
interpersonal.
What are the 2 basic purposes behind management?
Efficiency and Effectiveness
What is efficiency management?
Using resources wisely and in a cost-effective way
What is effectiveness management?
Making the right decisions and successfully implementing them
What are the manager's jobs?
Plan, organize, control and lead/motivate.
What are the 6 different types of managers?
Marketing, financial, operations, human resources, administrative, specialist
What does an interpersonal manager do?
Figurehead, leader and liaison
What does an informational manager do?
Monitor, spokesperson, disseminator.
What does a decisional manager do?
Disturbance handler, entrepreneur, resource allocator, negotiator.
What is the science behind management?
