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Business Management Exam questions and answers graded A+

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Business Management Exam questions and answers graded A+

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Business Management Exam
questions and answers graded A+
The basic management functions are considered to be ________. - ANS✅✅D) planning, organizing,
leading, and controlling



The process of monitoring, comparing, and correcting is called ________. - ANS✅✅Controlling



Which of the following represents the most useful way of describing the manager's job? -
ANS✅✅functions



The three essential managerial skills include ________. - ANS✅✅technical, human, and conceptual



A manager's success is typically ________. - ANS✅✅dependent on others' work performance



Which of the following statements regarding managers in today's world is accurate? - ANS✅✅The
single most important variable in employee productivity and loyalty is the quality of the relationship
between employees and their direct supervisors.



A deliberate arrangement of people to accomplish some specific purpose is ________. - ANS✅✅an
organization



The universality of management means ... - ANS✅✅managers are needed in all organizations



What does Professor Davis mean when he says P O L C? - ANS✅✅Planning, Organizing, Leading &
Controlling



_______________ is the process of planning, organizing, leading and controlling resources to
achieve organizational goals in an efficient and effective way. - ANS✅✅D. Management



Planning gives direction, reduces the impact of change, minimizes waste and redundancy, and
________. - ANS✅✅sets the standards used in controlling

, The quality of the planning process and the appropriate implementation of the plans probably
________. - ANS✅✅contributes more to high performance than does the extent of planning



Planning is often called the primary management function because it ________. -
ANS✅✅establishes the basis for all the other functions



planning involves two important elements: ________. - ANS✅✅goals and plans



_______________ is the process of setting goals and determining the best way to achieve. -
ANS✅✅Planning



Planning involves two important elements: ________. - ANS✅✅goals and plans



What does Professor Davis mean when he says P O L C? - ANS✅✅Planning, Organizing, Leading &
Controlling



What is the first step in a typical MBO program? - ANS✅✅The organization's overall objectives and
strategies are formulated.



A well-designed goal should be ________. - ANS✅✅clear as to a time frame



In an uncertain environment, managers want to develop ________ plans. - ANS✅✅specific and
flexible



________ is arranging and structuring the work to accomplish an organization's goals. -
ANS✅✅organizing



In describing the degree to which tasks in an organization are divided into separate jobs, managers
use the term ________. - ANS✅✅work specialization



On what basis are jobs grouped in order to accomplish organizational goals? -
ANS✅✅departmentalization

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