CANADIAN NURSING TEST BANK 2026
VERIFIED QUESTIONS AND CORRECT
ANSWERS
◉ the pursuit of organizational goals efficiently and effectively by
integrating the work of people through planning, organizing, leading,
and controlling the organization's resources is called Answer:
management
◉ a group of people who work together to achieve some specific
purpose is/are called Answer: an organization
◉ to be _____ means to use resources wisely and cost-effectively
Answer: efficient
◉ to be ____ means to make the right decisions and successfully carry
them out to achieve goals Answer: effective
◉ the ___ effect states that your influence on the organization is
multiplied far beyond the results that can be achieved by just one
person acting alone Answer: multiplier
,◉ according to a recent Fortune magazine article, the scarcest, most
valuable resource in business is Answer: skilled effective managers
◉ which of the following is a payoff of studying management as a
discipline? Answer: you will understand how to manage yourself in
the workplace
◉ which of the following is a reward for practicing management?
Answer: A) You can build a catalog of successful products or
services.
B) You and your employees can experience a sense of
accomplishment.
C) You can stretch your abilities and magnify your range
D) You can be rewarded money and status for your efforts
E) All of the above are rewards of being a manager.
E
◉ which of the following is a challenge facing managers? Answer:
managing to achieve the manager's own happiness and life goals
◉ the ability of an organization to produce goods or services better
than its competitors is called its Answer: competitive advantage
◉ the first law of business is Answer: take care of the customer
,◉ an organization must stay ahead of their competitors in all of the
following areas except Answer: white-collar organization
◉ finding ways to deliver goods or services as quickly as possible
using as few resources as possible is called Answer: efficiency
◉ during the next half-century, the percentage of whites in the
population is expected to ___, and the percentage of Hispanics is
expected to ____. Answer: decrease, increase
◉ ______ is the implementation of systems and practices to increase
the sharing of knowledge and information throughout an
organization Answer: knowledge management
◉ Amy is in charge of the company newsletter. She provides the
newsletter by both e-mail and hard copy to each employee. In the
newsletter she includes changes in company policy, awards
employees have received, and general interest articles about the
company staff. Amy is participating in Answer: knowledge
management
◉ the companys culture most directly affects Answer: a manager's
happiness
, ◉ which of the following is a function of management? Answer:
planning
◉ what you as a manager do to "get things done" is called Answer:
the management process
◉ setting goals and deciding how to achieve them is called Answer:
planning
◉ arranging tasks, people, and other resources to accomplish the
work is called Answer: organizing
◉ motivating and directing people to work hard to achieve the
organization's goals is called Answer: leading
◉ monitoring performance and taking corrective action as needed is
called Answer: controlling
◉ a manager at a pharmaceutical company is attempting to
determine which type of people to hire. this is an example of
Answer: planning