MGT301 KIRN UKY - EXAM 1 UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

MGT301 KIRN UKY - EXAM 1 UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS

Question:
1. A group of people who work together to achieve some specific purpose
Answer:
Organization

Question:
2. - The pursuit of organizational goals efficiently (time), and effectively
- Integrating the work of people
- Planning, organizing, leading, and controlling the organizations resources
Answer:
Management

Question:
3. - Art of getting things done through people
- Managers are task-oriented, achievement-oriented, and people oriented
- Good managers are concerned with trying to achieve both efficiency and effectiveness
Answer:
The Art of Management Defined

Question:
4. Good managers create ______
Answer:
Value

Question:
5. Your influence on the organization is multiplied far beyond the results that can be achieved by just one
person
Answer:
Multiplier Effect

Question:
6. - Insider understanding of how to deal with organizations from the outside
- Knowledge from experience how to relate to your supervisors
- Better interactions with coworkers
- Ability to manage yourself/career
- Possibility to make more money
Answer:
Rewards of Studying Management

,Question:
7. - Experience a sense of accomplishment
- Stretch your abilities and magnify your range
- Build a catalog of successful products or services
- Become a mentor and help others
Answer:
Rewards of Practicing Management

Question:
8. Set goals and decide how to achieve them
Answer:
Planning

Question:
9. Arrange tasks, people, and other resources to accomplish the work
Answer:
Organizing

Question:
10. You motivate, direct, and otherwise influence people to work hard to achieve the organizations goals
Answer:
Leading

Question:
11. You monitor performance, compare it with goals, and take corrective action as needed
Answer:
Controlling

Question:
12. make long term decisions (Ex: C-Suite)
Answer:
Top Managers

Question:
13. Implement the policies and plans of the top managers above them. Supervise/Coordinate activities
below them. (Ex: Director Roles, VP)
Answer:
Middle Managers

Question:
14. makes short-term operating decisions; daily tasks. (Ex: MGMT, ACCT)
Answer:
First-Line Managers

Question:
15. Responsible for facilitating team activities (Ex: Hourly who got promoted)

, Answer:
Team Leaders

Question:
16. either work alone on tasks or with others in a variety of teams (touch customers)
Answer:
Nonmanagerial Employees

Question:
17. responsible for just ONE organizational activity
Answer:
Functional Managers

Question:
18. responsible for MULTIPLE organizational activities, and typically supervise other managers
Answer:
General Managers

Question:
19. For-profit, Non-profit, Mutual Questions
Answer:
Three Types of Organizations

Question:
20. Interpersonal, Informational, Decisional
Answer:
Three Types of Managerial Roles

Question:
21. - Managers are always working, and they are in constant demand
- Managers spend virtually all of their work time communicating with others
- Managers workdays are characterized by much of the same fragmentation, brevity, and variety
Answer:
How do managers spend their time?

Question:
22. Figurehead, leader, Liaison
Answer:
Interpersonal Roles

Question:
23. Monitor, Disseminator (within org), Spokesperson (outside org)
Answer:
Informational Roles

Question:
24. Entrepreneur, Disturbance handler, resource allocator, negotiator