BUS 100 EXAM 2 (CHAPTERS 7, 8, 9, 10, 11, 12) UPDATED
ACTUAL QUESTIONS AND CORRECT ANSWERS
Question:
1. Management
Answer:
The process used to accomplish organizational goals through planning,
organizing, leading, and controlling people and other organizational resources.
Question:
2. Planning
Answer:
A management function that includes anticipating trends and determining the best
strategies and tactics to achieve organizational goals and objectives.
Question:
3. Organizing
Answer:
A management function that includes designing the structure of the organization
and creating conditions and systems in which everyone and everything works
together to achieve the organizations goals and objectives.
Question:
4. Leading
Answer:
Creating a vision for the organization and guiding, training, coaching, and
motivating others to work effectively to achieve the organizations' goals and
objectives.
Question:
5. Controlling
Answer:
A management function that involves establishing clear standards to determine
whether or not an organization is progressing toward its goals and objectives,
rewarding people for doing a good job, and taking corrective action if they are
not.
, Question:
6. Vision
Answer:
An encompassing explanation of why the organization exists and where its trying
to head.
Question:
7. Mission statement
Answer:
An outline of the fundamental purposes of an organization.
Question:
8. Goals
Answer:
The broad, long-term accomplishments an organization wishes to attain.
Question:
9. Objectives
Answer:
Specific, short-term statements detailing how to achieve the organizations goals.
Question:
10. SWOT analysis
Answer:
A planning tool used to analyze an organizations' strengths, weaknesses,
opportunities, and threats.
Question:
11. Strategic planning
Answer:
The process of determining the major goals of the organization and the policies
and strategies for obtaining and using resources to achieve those goals.
Question:
12. Tactical planning
Answer:
The process of developing detailed, short-term statements about what is to be
done, who is to do it, and how it is to be done.
ACTUAL QUESTIONS AND CORRECT ANSWERS
Question:
1. Management
Answer:
The process used to accomplish organizational goals through planning,
organizing, leading, and controlling people and other organizational resources.
Question:
2. Planning
Answer:
A management function that includes anticipating trends and determining the best
strategies and tactics to achieve organizational goals and objectives.
Question:
3. Organizing
Answer:
A management function that includes designing the structure of the organization
and creating conditions and systems in which everyone and everything works
together to achieve the organizations goals and objectives.
Question:
4. Leading
Answer:
Creating a vision for the organization and guiding, training, coaching, and
motivating others to work effectively to achieve the organizations' goals and
objectives.
Question:
5. Controlling
Answer:
A management function that involves establishing clear standards to determine
whether or not an organization is progressing toward its goals and objectives,
rewarding people for doing a good job, and taking corrective action if they are
not.
, Question:
6. Vision
Answer:
An encompassing explanation of why the organization exists and where its trying
to head.
Question:
7. Mission statement
Answer:
An outline of the fundamental purposes of an organization.
Question:
8. Goals
Answer:
The broad, long-term accomplishments an organization wishes to attain.
Question:
9. Objectives
Answer:
Specific, short-term statements detailing how to achieve the organizations goals.
Question:
10. SWOT analysis
Answer:
A planning tool used to analyze an organizations' strengths, weaknesses,
opportunities, and threats.
Question:
11. Strategic planning
Answer:
The process of determining the major goals of the organization and the policies
and strategies for obtaining and using resources to achieve those goals.
Question:
12. Tactical planning
Answer:
The process of developing detailed, short-term statements about what is to be
done, who is to do it, and how it is to be done.
