MGMT EXAM QUESTIONS WITH 100% CORRECT ANSWERS 2024/2025

MGMT EXAM QUESTIONS WITH 100% CORRECT ANSWERS 2024/2025 Management - answeris the process of coordinating people and other resources to achieve the goals of an organization. Management is not a step-by-step procedure that can be carefully mapped out and calendared, it is a __________ with a feedback loop that represents flow. - answerprocess Planning is an essential part of managing an enterprise. A(n)____________ plan is developed as a guide during the planning process for major policy setting and decision making. - answerstrategic During the planning stage, managers develop a ________ plan which is smaller in scale and developed to implement strategy and will most likely cover a one- to three-year period. - answertactical A contingency plan outlines alternate courses of action that may be taken if an organization's other plans are __________ or become ___________ . - answerdisrupted, ineffective When a manager plans for the future of his business and is able to see how all of the parts of the organization work together, it is said that he or she is engaging ______________ to see the "big picture." - answerconceptual skills Doug is a line manager at XYZ Corporation. He is very task-oriented and makes all of the decisions with little concern for employee opinion. Under his ____________ leadership style, employees are told exactly what is expected from them and given specific guidelines, rules, and regulations on how to achieve their tasks. - answerautocratic Three business students are having a discussion regarding leadership styles. One argues that autocratic leadership is best, another argues that participative leadership is best, and the last argues that entrepreneurial leadership is best. Studies have shown however that the most effective style depends on the right balance between - answerinteraction among employees, the work situation, and manager's personality "Houston, we have a problem," is one of the most famous sentences in history resulting from a problem that arose during the Apollo 13 mission to the moon. When business managers identify a problem, they are identifying - answerdiscrepancy between an actual condition and desired condition