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MGT 304 MIDTERM EXAM QUESTIONS AND VERIFIED ANSWERS

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MGT 304 MIDTERM EXAM QUESTIONS AND VERIFIED ANSWERS

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MGT 304 MIDTERM EXAM QUESTIONS AND VERIFIED
ANSWERS


Often referred to as the strategic managers, these managers are supposed to focus on
long-term issues and emphasized the survival, growth, and overall effectiveness of an
organization. - Answers - Top-level Managers

A chart that graphs the relationship between tasks and time. - Answers - Gantt Chart

Conditions that prevent new companies from entering an industry. - Answers - Barriers
to entry

Lack if clear procedures for handling ethical problems is a danger sign of that an
organization may be allowing or encouraging_____? - Answers - Unethical Behavior

SWOT stands for - Answers - Strength, Weakness, Opportunities, Threats

a task that an employee is supposed to carry out - Answers - responsibility

Control and _____ have been called the Siamese twins of management. - Answers -
planning

Monitoring performance and making necessary changes. - Answers - Controlling

This person introduced scientific management - Answers - Frederick Taylor

refers to all relevant forces outside a firm's boundaries, such as competitors, customers,
the government, and the economy. - Answers - External Environment

the ethical system stating that all people should uphold certain values that society
needs to function - Answers - universalism

In the context of planning process, _____ are the targets or ends a manager wants to
reach. - Answers - Goals

____organizations have a more diverse employee population and take steps to involve
people from different backgrounds. - Answers - Pluralistic

The use of rules, standards, regulations, hierarchy, and legitimate authority to guide
performance. - Answers - Bureaucratic Control

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