Management Principles Exam 100% solved

Management Principles Exam 100% solved (1-1) Human, financial, and material resources - answerManagers are responsible for getting activities completed efficiently and achieving the firm's goals by utilizing... (1-2) Management is defined as... - answerThe art of getting things done through the efforts of other people. (1-3) Line manager (product) - answerSomeone who works at Proctor & Gamble who is responsible for the production, marketing, and profitability of the Tide detergent product line is called a ... (1-4) Empowerment - answerAllowing individuals to work on their own, with little supervision is called... (1-5) Management = getting things done; Leadership = inspiring action taken by others - answerA difference between management and leadership can be defined in the following way: (1-6a) Strategic management - answerKnowledge to help in the development and implementation of strategies is referred to as... (1-6b) Strategy - answerThe concept of how an organization will achieve its objectives is referred to as... (1-7) Strategic, tactical, and operational - answerThree different types of planning used in the function of management are... (1-8) Provides the necessary performance standards or objectives - answerEffective planning requires the existence of plans, because planning... (1-9) Organizational citizenship behaviors - answerIndividual behaviors that are beneficial to the organization and not recognized by the formal reward system are called..