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MGMT 303 | UPDATED Questions with 100% Verified Answers

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MGMT 303 | UPDATED Questions with 100% Verified Answers

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MGMT 303 | UPDATED Questions with 100% Verified Answers

Question: _____ is a measure of the appropriateness of the goals that managers have selected for the
organization to pursue

Answer:
Effectiveness

Question: ____ is a measure of how effectively and efficiently managers use available resources to satisfy
customers and achieve company goals

Answer:
Organizational performance




Question: Which of the following statements defines efficiency?

Answer:
It is a measure of how productively resources are used to achieve a goal

Question: Effectiveness is defined as:

Answer:
A measure of the appropriateness of the goals that managers have selected for the organization to pursue

Question: If a manager chooses inappropriate goals, but makes good use of resources to pursue these goals, it
results in:

Answer:
High efficiency but low effectiveness

Question: If a manager chooses the right goals to pursue, but does a poor job of using resource to achieve these
goals, it results in:

Answer:
Low efficiency but high effectiveness

Question: The strategy of distinguishing a product from others, by making it more attractive, exciting, and
unique is known as

, Answer:
differentiation

Question: ____ is a cluster of decisions concerning what organizational goals to pursue, what actions to take,
and how to use resources to achieve goals

Answer:
Strategy

Question: Organizing is defined as:

Answer:
Structuring working relationships so organizational members interact and cooperate to achieve organizational
goals

Question: The purpose of ____ is to determine how an organization's resources can best be used to create
goods and services

Answer:
Organizational structure

Question: The managerial task of leading requires managers to:

Answer:
Energize and enable employees so everyone understands the part he or she plays in achieving organizational
goals

Question: A ___ strategy is a way of obtaining customers by making decisions that allow an organization to
produce goods or services more cheaply than its competitors

Answer:
Low-cost

Question: Which of the following activities describes the role of a negotiator?

Answer:
Working with other organizations to establish agreements to pool resources to work on joint projects

Question: According to Mintzberg, a manager who outlines future organizational goals to employees at
company meetings, opens new buildings, or states the company's ethical guidelines, is playing the role of a
_____.

Answer:
Figurehead

, Question: Which of the following is a responsibility of a first-line manager?

Answer:
Daily supervision of nonmanagerial employees

Question: How do middle managers contribute toward increasing the effectiveness of an organization?

Answer:
They suggest to top managers how goals should be changed.

Question: _____ is the ability to analyze and diagnose a problem situation and distinguish between cause and
effect.

Answer:
Conceptual skill

Question: Which of the following skills gives a manager the ability to understand, lead, and control the
behavior of other workers?

Answer:
Human skills

Question: _____ are job-specific skills required to perform a particular type of work or occupation at a high
level.

Answer:
Technical skills

Question: Which of the following refers to a specific set of departmental skills, knowledge, and experience that
allows an organization to outperform its competitors?

Answer:
Core competency

Question: _____ involves simplifying, shrinking, or downsizing an organization's operations to lower
operating costs.

Answer:
Restructuring

Question: By means of which of the following can restructuring be done?

Answer:
Shrinking departments

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