MGMT 340 Exam 1 with complete solution graded A+ already passed 2023

MGMT 340 Exam 1 with complete solution graded A+ already passed 2023 Roles of Manager - correct answer • Planning: A process that includes defining goals, establishing strategy and developing plans to coordinate activities • Organizing: Determining what tasks are to be done, who is to do them, how the tasks can be grouped and where are decisions to be made. • Leading: Includes motivating employees, directing others, selecting the most effective communication channels and resolving conflicts. • Controlling: Monitoring activities to ensure they are being accomplished as planned and correcting any derivations Define manager roles Henry Mintzber has identified - correct answer • Interpersonal: Required to perform duties that are ceremonial and symbolical in nature. Figure head role & leadership role • Informational: Collect information from outside organizations and institutions to learn the public's taste and what the competitors may be planning. • Decisional: Making choices in the entrepreneur side, managers initiate and oversee new projects that will improve their organizations performance. Define interpersonal skills, conceptual skills, and human skills - correct answer The ability to work with, understand people and motivate either in groups or individually. Conceptual refers to the mental ability to analyze and diagnose complex situations. What are technical skills? How are they important to managers? - correct answer Encompass the ability to apply specialized knowledge or expertise. Skills refer to the skills they have to learn trough formal education or trough experience. Technical skills could be develop on the job. What were the findings of Fred Luthan's study of managers - correct answer Successful managers give almost the opposite emphases to traditional management, communication, human resource management, and networking as do effective managers.