MGMT 3000 Guhde Exam 1 Research Study Questions And Answers Graded A+.

today's effective managers... (4) - correct answer 1. do more with less 2. engage employees hearts, minds, and energy 3. see change as natural 4. inspire vision and cultural values that allow people to create a collaborative and productive workplace management definition - correct answer the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources who is considered the father of modern business management? - correct answer peter drucker peter drucker taught that successful leaders should do what? - correct answer put people and ethics first rather than focusing entirely on profits and rigid rules and work structures according to peter drucker management is about what? what is management's task? - correct answer human beings; its task is to make people capable of joint performance/make their strengths effective and their weaknesses irrelevant rapid environmental shifts - impact management (5) - correct answer 1. technology (social media, mobile apps, AI, etc) 2. move to knowledge/information-based economy 3. global market forces 4. growing threat of cybercrime 5. shifting expectations by employees and customers traditional approach to new competencies: overseeing work - correct answer from controller to enabler traditional approach to new competencies: accomplishing tasks - correct answer from supervising individuals to leading teams traditional approach to new competencies: managing relationships - correct answer from conflict and competition to collaboration, including use of social media traditional approach to new competencies: leading - correct answer from autocratic to empowering, sometimes bossless traditional approach to new competencies: designing - correct answer from maintaining stability to mobilizing for change what do managers do? (5) - correct answer 1. set objectives 2. organize 3. motivate and communicate 4. measure 5. develop people 4 functions of a manager - correct answer planning, organizing, leading, controlling an organization is a social entity that's... - correct answer goal-directed and deliberately structured organizational effectiveness - correct answer degree to which the org achieves a stated goal organizational efficiency - correct answer refers to the amount of resources used to achieve an org goal high performance - correct answer attainment of org goals by using resources in an efficient and effective manner if organizational performance indicates how well a manager is doing their job, is it more important for the manager to focus on efficiency or effectiveness? - correct answer both are equally important 3 management skills - correct answer technical, human, conceptual technical skills are more relevant in ______ level management - correct answer lower conceptual skills are not critical at ______ level management but are extremely critical at ______ level management - correct answer lower; top does every manager at every level need to have all 3 skills? - correct answer degree of the skills may vary, but all managers must posses the skills does the application of management skills stay the same or change as managers move up the hierarchy? - correct answer change when you become a manager, you are no longer a ______ but rather the ______ - correct answer individual performer; manager of others many new managers expect... - correct answer more freedom to make changes however, successful new managers... - correct answer build teams and networks many new managers make the transformation in a... - correct answer trial by fire 3 vertical management types - correct answer 1. first-level or supervisory managers 2. middle managers 3. top managers first-level or supervisory managers - correct answer responsible for production of goods and services middle managers - correct answer responsible for business units and major departments top managers - correct answer responsible for the entire organization 5 horizontal management types - correct answer 1. general managers 2. functional managers 3. project managers 4. line managers 5. staff managers general managers - correct answer responsible for several departments that perform different functions functional managers - correct answer responsible for departments that perform a single task project managers - correct answer responsible for temporary work projects involving people from different functions and levels line managers - correct answer responsible for departments that perform a core function of the organization staff managers - correct answer responsible for departments that support the organization's line departments with specialized advisory or support functions manager activities are characterized by... (3) - correct answer variety, fragmentation, brevity managers spend less than ____ minutes on most activities - correct answer 9 manager activities is a life on speed dial (3) - correct answer 1. work at an unrelenting pace 2. interrupted constantly