Principles of Management Exam One
Principles
_ Chapters
of Management
1-4 Study Guide
Exam2026_2027.pdf
One
Principles
_ Chapters
of Management
1-4 Study Guide
Exam2026_2027.pdf
One _ Chapters 1-4 Study Guide 2026_2027.pdf
Principles of Management Exam
One | Chapters 1-4 Study Guide
2026/2027
Principles of Management Exam One
Principles
_ Chapters
of Management
1-4 Study Guide
Exam2026_2027
One _ Chapters 1-4 Study Guide 2026_2027.pdf Page 1 of 21
,Principles of Management - Exam One (Chapters 1-4).pdf Principles of Management - Exam One (Chapters 1-4).pdf Principles of Management - Exam One (Chapters 1-4).pdf
Organization
A group of people who work together to achieve some specific purpose.
Management is defined as:
1. Pursuit of organizational goals efficiently and effectively by
2. Integrating the work of people through
3. Planning, organizing, leading, and controlling the organization's resources.
To be efficient means:
To use resources - people, money, raw materials, and the like-wisely and cost-effectively.
Principles of Management - Exam One (Chapters 1-4) Principles of Management - Exam One (Chapters 1-4).pdf Page 2 of 21
, Principles of Management - Exam One (Chapters 1-4).pdf Principles of Management - Exam One (Chapters 1-4).pdf Principles of Management - Exam One (Chapters 1-4).pdf
To be effective means:
To achieve results, to make the right decisions and to successfully carry them out so that
they achieve the organization's goals.
Efficiency vs. Effectiveness
Many companies now use a recorded "telephone menu" of options to answer customer
calls.
This is efficient for the company, but not effective because most consumers prefer a live
agent.
Principles of Management - Exam One (Chapters 1-4) Principles of Management - Exam One (Chapters 1-4).pdf Page 3 of 21
Principles
_ Chapters
of Management
1-4 Study Guide
Exam2026_2027.pdf
One
Principles
_ Chapters
of Management
1-4 Study Guide
Exam2026_2027.pdf
One _ Chapters 1-4 Study Guide 2026_2027.pdf
Principles of Management Exam
One | Chapters 1-4 Study Guide
2026/2027
Principles of Management Exam One
Principles
_ Chapters
of Management
1-4 Study Guide
Exam2026_2027
One _ Chapters 1-4 Study Guide 2026_2027.pdf Page 1 of 21
,Principles of Management - Exam One (Chapters 1-4).pdf Principles of Management - Exam One (Chapters 1-4).pdf Principles of Management - Exam One (Chapters 1-4).pdf
Organization
A group of people who work together to achieve some specific purpose.
Management is defined as:
1. Pursuit of organizational goals efficiently and effectively by
2. Integrating the work of people through
3. Planning, organizing, leading, and controlling the organization's resources.
To be efficient means:
To use resources - people, money, raw materials, and the like-wisely and cost-effectively.
Principles of Management - Exam One (Chapters 1-4) Principles of Management - Exam One (Chapters 1-4).pdf Page 2 of 21
, Principles of Management - Exam One (Chapters 1-4).pdf Principles of Management - Exam One (Chapters 1-4).pdf Principles of Management - Exam One (Chapters 1-4).pdf
To be effective means:
To achieve results, to make the right decisions and to successfully carry them out so that
they achieve the organization's goals.
Efficiency vs. Effectiveness
Many companies now use a recorded "telephone menu" of options to answer customer
calls.
This is efficient for the company, but not effective because most consumers prefer a live
agent.
Principles of Management - Exam One (Chapters 1-4) Principles of Management - Exam One (Chapters 1-4).pdf Page 3 of 21
