Mgmt 1 Exam Questions With 100% Correct Answers 2024

Mgmt 1 Exam Questions With 100% Correct Answers 2024 ______is defined by getting work done through others - answermanagement when ruth was hired to be the 2nd in command in mailing services, she was told her job was to deal w/the employees to make sure they got the task done right. she was not instructed how to run machines bc hers was a job in: a. marketing. ment c. strategizing d. cust service e. relationship control - answerb. management A manager striving to improve organizational ____ is accomplishing tasks that help fullfill organizational objectives a. efficiency b. effectiveness c. functionality d. synergy e. productivity - answerb. effectiveness in 2004, Coca-Cola and PepsiCo spent a total of $75 million to launch mid calorie sodas. The new brands grabbed a combined market share of less than 1% Given that the objective of both was to increase their market share, the introductions were notably: a. synergistic b. empathetic c. inefficient d. automonous e. reciprocal - answerC. inefficient one of the reasons for the slow responce to help the victims of Hur Katrina was an antiquated FEMA system that was bogged down in red tape. In other words, the failure of assistance to arrive in a timely fashion was due to lack of: a. apathy b. efficiency c. instrumentality d. effectiveness e. the absence of entropy - answerb. efficiency _____ is the accomplishment of tasks that help fullfill organizational objectives a. benchmarking izing c. satisficing d. efficiency e. effectiveness - answere. effectiveness to increase its goal of increased market shar, Krispy Kreme launched a program awarding students a donut for every A on their report card. Which management function was used to create this? a. controlling b. leading c. focusing d. planning e. organizing - answerD. planning Nestlé was unsuccessful in early attempts to sell its chocolate in India. It discovered its chocolate barswere not suitable for the Indian markets bc the candy had to sit in sunlight w/out air conditioning & got messy. Nestlé adopted an innovation strategy and developed a liquid chocolate, which is very popular. Nestlé used which management function? ing ng the competition g things happen izing people, processes, and projects ng - answerA. planning A manager engaged in the management function of __________ is determining organizational goalsand the means for achieving them. ing izing ng resources management olling - answerA. planning Interstate Bakeries, the makers of Wonder bread, declared bankruptcy in 2003. The company's objec-tives in 2004 were to increase its revenues by at least 5 percent and reduce its net losses by at least 80 percent. Which management function was used to set these goals and will help the company meetthese goals? ing izing olling ating ng - answerA. planning The candy market in Asia has grown as more Asians emulate the American lifestyle, and Hershey has decided that to grow it must start selling to the Asian markets. This decision was part of which management function? ing izing ng olling ating - answerA. planning A business school administrator who is determining what classes will be offered in which rooms andwho will teach each specific class is involved in which classical management function? g things happen izing olling ating ng - answerb. organizing The candy market in Asian has grown recently as more Asians emulate the American lifestyle, andHershey has decided that to grow it must start selling to the Asian markets. Which management func-tion will help determine who decides how Hershey will get its products into the small pop-and-momretail outlets that are prevalent in China? ing izing ng olling ating - answerB. organizing In November 2004, designer Karl Lagerfeld partnered with Swedish retailer Hennes & Mauritz to sellan affordable line of high-fashion clothing, which Lagerfeld will design exclusively for the retailer.Hennes & Mauritz will take responsibility for manufacturing and marketing the clothes. Which man-agement function guided the alliance between the designer and the retailer? olling ng ating ing