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FGCU MAN 3025 FINAL EXAM – SCHAEFFER QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE

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management -:- integrating the work of people through POLC: planning, organizing, leading, and controlling the organization's success efficient -:- to use resources wisely and cost-effectively effective -:- to achieve results, to make the right decisions and to successfully carry them out competitive advantage -:- a set of unique features of a company and its products that are perceived by the target market as significant and superior to those of the competition 2 | P a g e | G r a d e A + | 2 0 2 4 / 2 0 2 5 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain | Excel! sustainability -:- The ability to keep in existence or maintain. A sustainable ecosystem is one that can be maintained strategic planning -:- done by top managers tactical planning -:- done by middle managers operational planning -:- done by first-line managers technical skills -:- the job-specific knowledge needed to perform well in a specialized field 3 | P a g e | G r a d e A + | 2 0 2 4 / 2 0 2 5 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain | Excel! conceptual skills -:- the ability to think analytically, to visualize an organization as a whole and understand how the parts work together human skills (soft skills

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Uploaded on
September 17, 2024
Number of pages
38
Written in
2024/2025
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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




FGCU MAN 3025 FINAL EXAM –
SCHAEFFER QUESTIONS AND CORRECT
ANSWERS | LATEST UPDATE
management


✓ -:- integrating the work of people through POLC: planning, organizing,

leading, and controlling the organization's success




efficient


✓ -:- to use resources wisely and cost-effectively




effective


✓ -:- to achieve results, to make the right decisions and to successfully

carry them out




competitive advantage


✓ -:- a set of unique features of a company and its products that are

perceived by the target market as significant and superior to those of the

competition


1|P a g e | G r a d e A + | 2 0 2 0 2 5

,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




sustainability


✓ -:- The ability to keep in existence or maintain. A sustainable

ecosystem is one that can be maintained




strategic planning


✓ -:- done by top managers




tactical planning


✓ -:- done by middle managers




operational planning


✓ -:- done by first-line managers




technical skills


✓ -:- the job-specific knowledge needed to perform well in a specialized

field

2|P a g e | G r a d e A + | 2 0 2 0 2 5

,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




conceptual skills


✓ -:- the ability to think analytically, to visualize an organization as a

whole and understand how the parts work together




human skills (soft skills)


✓ -:- the ability to work well in cooperation with other people to get

things done




historical perspective


✓ -:- classical, behavioral, and quantitative




scientific management


✓ -:- emphasized the scientific study of work methods to improve the

productivity of individual workers

(Frederick W. Taylor)




3|P a g e | G r a d e A + | 2 0 2 0 2 5

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




administrative management


✓ -:- concerned with managing the total organization

(Fayol & Weber)




bureaucracy


✓ -:- Weber believed it was a rational, efficient, ideal organization based

off principles of logic




Hawthorne effect


✓ -:- employees worked harder if they received added attention, thought

that managers cared about their welfare and that supervisors paid special

attention to them

(Elton Mayo)




Maslow's Hierarchy of Needs


✓ -:- (bottom to top:) physiological, safety, social, esteem, self -

actualization



4|P a g e | G r a d e A + | 2 0 2 0 2 5

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