MIE 201 Test 3 Makanui Exam 2026
Questions and Answers
management - Correct answer-a process designed to achieve an organization's
objectives by using its resources effectively and efficiently in a changing
environment.
managers - Correct answer-those individuals in organizations who make decisions
about the use of resources and who are concerned with planning, organizing,
staffing, directing, and controlling the organization's activities to reach its
objectives.
staffing - Correct answer-the hiring of people to carry out the work of the
organization
downsizing - Correct answer-the elimination of a significant number of employees
from an organization.
planning - Correct answer-the process of determining the organization's objectives
and deciding how to accomplish them; the first function of management
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,mission statement - Correct answer-the statement of an organization's fundamental
purpose and basic philosophy
goals - Correct answer-the result that a firm wishes to achieve
company almost always has multiple goals
goal has 3 components: an attribute sought, a target to be achieved, and a time
frame
objectives - Correct answer-the ends or results desired by an organization
derived from organization's mission
strategic plans - Correct answer-those plans that establish the long-range objectives
and overall strategy or course of action by which a firm fulfills its mission
tactical plans - Correct answer-short-range plans designed to implement and
objectives specified in the strategic plan
operational plans - Correct answer-very short-term plans that specify what actions
individuals, work groups, or departments need to accomplish in order to achieve
the tactical plan and ultimately the strategic plan
crisis management/contingency planning - Correct answer-an element in planning
that deals with potential disasters such as product tampering, oil spills, fire,
earthquake, computer virus, or airplane crash
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, FEMA - Correct answer-Federal Emergency Management Agency
says that approx. 40% of small businesses do not reopen after a disaster
organizing - Correct answer-the structuring of resources and activities to
accomplish objectives in an efficient and effective manner
directing - Correct answer-motivating and leading employees to achieve
organizational objectives
controlling - Correct answer-the process of evaluating and correcting activities to
keep the organization on course
5 activities involved in control - Correct answer-1) measuring performance
2) comparing present performance with standards or objectives
3) identifying deviations from the standards
4) investigating the causes of deviations
5) taking corrective action when necessary
top managers - Correct answer-the president and other top executives of a business,
such as the chief executive officer (CEO), chief financial officer (CFO), and chief
operations officer (CLO), who have overall responsibility for the organization
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Questions and Answers
management - Correct answer-a process designed to achieve an organization's
objectives by using its resources effectively and efficiently in a changing
environment.
managers - Correct answer-those individuals in organizations who make decisions
about the use of resources and who are concerned with planning, organizing,
staffing, directing, and controlling the organization's activities to reach its
objectives.
staffing - Correct answer-the hiring of people to carry out the work of the
organization
downsizing - Correct answer-the elimination of a significant number of employees
from an organization.
planning - Correct answer-the process of determining the organization's objectives
and deciding how to accomplish them; the first function of management
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,mission statement - Correct answer-the statement of an organization's fundamental
purpose and basic philosophy
goals - Correct answer-the result that a firm wishes to achieve
company almost always has multiple goals
goal has 3 components: an attribute sought, a target to be achieved, and a time
frame
objectives - Correct answer-the ends or results desired by an organization
derived from organization's mission
strategic plans - Correct answer-those plans that establish the long-range objectives
and overall strategy or course of action by which a firm fulfills its mission
tactical plans - Correct answer-short-range plans designed to implement and
objectives specified in the strategic plan
operational plans - Correct answer-very short-term plans that specify what actions
individuals, work groups, or departments need to accomplish in order to achieve
the tactical plan and ultimately the strategic plan
crisis management/contingency planning - Correct answer-an element in planning
that deals with potential disasters such as product tampering, oil spills, fire,
earthquake, computer virus, or airplane crash
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
, FEMA - Correct answer-Federal Emergency Management Agency
says that approx. 40% of small businesses do not reopen after a disaster
organizing - Correct answer-the structuring of resources and activities to
accomplish objectives in an efficient and effective manner
directing - Correct answer-motivating and leading employees to achieve
organizational objectives
controlling - Correct answer-the process of evaluating and correcting activities to
keep the organization on course
5 activities involved in control - Correct answer-1) measuring performance
2) comparing present performance with standards or objectives
3) identifying deviations from the standards
4) investigating the causes of deviations
5) taking corrective action when necessary
top managers - Correct answer-the president and other top executives of a business,
such as the chief executive officer (CEO), chief financial officer (CFO), and chief
operations officer (CLO), who have overall responsibility for the organization
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
