Questions Fully Solved 2026 Updated.
management - Answer Pursuit of organizational goals efficiently and effectively
Pursuit of integrating the work of people through planning, organizing, leading and controlling
the organization resource
Organization - Answer Group of people who work together to achieve some specific purpose
Efficiency - Answer THE MEANS of attaining the organizations’ goal
Efficient - Answer To use resources, people, money raw material
Effectiveness - Answer THE END
Effective - Answer To achieve the goal, make right choices
4 Principle functions of managers - Answer POLC
-Planning is setting goals and deciding how to achieve
-Organizing is arranging task, people resources to accomplish goal
-Leading is motivating, directing, influencing to work
-Controlling is montoring performance comparing with goals and taking corrective action as
needed.
7 challenges to being an exceptional manager - Answer 1. Managing for competitive
advantage- Staying ahead of rivals (STAYING AHEAD IN FOUR AREA: being responsive,
Innovation,Quality and Efficiency
2. Managing for Diversity-Future Wont Resemble the past
3. Managing for Globalization- The expanding management niverse
4. Managing the information technology- Dealing with New normal
5. Managing for sustainability- the Business of Green
6. Managing for Ethical Standards
7. Managing for Happiness and Meaningfulness
, Sustainability - Answer Economic development that meets needs of the present without
compromising the ability of future generations to meet their own needs
Four levels of management - Answer 1. Top manager- makes long term decision about overall
direction of organization and establish the objective, policies, and strategies for it
2. Middle Manager- implements the policies and plans of the top manager above them and
supervise and coordinate the managers below them
3. First line manager- makes short term operating decisions directing the daily tasks of non-
managerial personnel
4. Team Leader- a manager who is responsible for fascilitating team activities toward achieving
key results
High touch - Answer jobs dealing with people rather than computer screens or voice response
systems
Functional Manager - Answer Responsible for just one organizational activity
General Manager (In magazines) - Answer Responsible for several organizational activities
Managers for Three types of Organizations - Answer For Profit- Making money
Non-Profit- Offering Services (Administrators)
Mutual Benefit- For Aiding Members (advance interests)
Technical Skills - Answer consist of the job- specific knowledge needed tp perform well in a
specialized field
Skills Exceptional Managers Need - Answer 1. Technical Skills- The ability to perform a specific
Job
2. Conceptual Skills- The Ability to Think Analytically
3. Human Skills- "soft skills" Ability to interact well with people
Conceptual Skills - Answer the ability to think analytically to visualize an organization as a
whole and understand how the parts work together
Human Skills - Answer Consist of the ability to work well in cooperation with other people to
get things done
Soft skills - Answer Ability to motivate, to inspire trust, to communicate with others