MNGT 3100 FETSCH - EXAM 1 WITH ALL
CORRECT & VERIFIED ANSWERS (UPDATED
TO PASS)
Chapter 1 Correct answer-
The primary purpose of assembling a team is __________. Correct answer-to achieve bigger goals
than the sum of the individuals' accomplishments
Principles of management are often discussed or learned using the POLC framework. POLC stands for
__________. Correct answer-planning, organizing, leading, and controlling
Regarding the academic fields of psychology, leadership, entrepreneurship, and strategy, which of
the following statements about leadership is true?
- Only extroverts make good leaders. WHithout charisma, employees will not obey your instructions.
- Leaders are paid less than managers because leading people is easier than managing other
resources such as money or supplies.
- Leadership is defined as recognizing opportunities (needs, wants, problems, or challenges), coming
up with a solution, and putting that idea into action.
- Leadership involves using formal power as well as informal/social sources of influence to inspire
action in others. Correct answer-Leadership involves using formal power as well as informal/social
sources of influence to inspire action in others.
True of false:
In terms of principles of management, one can think of leadership, entrepreneurship, and strategic
management as answering questions about "who," "what," and "how." Correct answer-True
_________ is sometimes defined as "the art of getting things done through the efforts of other
people." Correct answer-Management
When an organization has a long-term purpose, articulated in clear goals and objectives, and these
goals and objectives comprise a coherent plan of action, then we would say that the organization has
__________. Correct answer-a strategy
Triple Bottom Line refers to the measurement of __________ Correct answer-social performance,
environmental performance, and economic performance
Critics of corporate social responsibility (CSR) frequently argue that __________. Correct answer-
CSR detracts from the fundamental economic purpose of business
Authorizing individuals to think, work, and make decisions on their own, with little supervision, is
called: Correct answer-empowerment
, There are ten roles common to the work of all managers. These include figurehead, liaison,
spokesperson, and negotiator.
True or false:
Each manager may find themselves performing any of the ten roles from time to time. Correct
answer-True
Organizational citizenship behaviors can be understood as _____________ behaviors that are
beneficial to the organization and ___________ explicitly defined in job descriptions. Correct
answer-individual ,
are not
Chapter 2 Correct answer-
True or False: Over time, the principles of Taylorism (Frederick Taylor's scientific management)
tended to dehumanize workers. Correct answer-True
"The interests of one person should never take precedence over what is best for the company as a
whole" is an explanation of which of Fayol's 14 principles of management? Correct answer-
Subordination of individual interests
True or false:
In highly assertive countries, competition between individuals and groups is discouraged. Correct
answer-False
__________ indicates that members of a society attempt to cope with anxiety by minimizing
uncertainty. Correct answer-High uncertainty avoidance
__________ was the first scholar to write about how to manage "knowledge workers." His earliest
work appeared in 1969 and was seen as the start of modern management ideas. Correct answer-
Peter Drucker
True or False:
Countries with low institutional collectivism emphasize individual achievement and rewards.
Correct answer-True
True or false:
Leaders of an organization set the moral tone of the organization through their words and actions.
Correct answer-True
The __________ (U.S. law) sought to reform corporate governance practices in large public
companies. It directing them to establish a code of ethical conduct, among other requirements.
Correct answer-Sarbanes-Oxley Act
A commonality of the earliest management concepts was __________. Correct answer-the need to
manage large, uneducated populations, with an emphasis on maintaining order
Frank and Lillian Gilbreth expanded on the work of Frederick Taylor by conducting "time and motion
studies." This process is still used today. The Gilbreths' goal was to __________. Correct answer-
eliminate wasted motion and reduce employee fatigue, which would improve productivity
True or false:
CORRECT & VERIFIED ANSWERS (UPDATED
TO PASS)
Chapter 1 Correct answer-
The primary purpose of assembling a team is __________. Correct answer-to achieve bigger goals
than the sum of the individuals' accomplishments
Principles of management are often discussed or learned using the POLC framework. POLC stands for
__________. Correct answer-planning, organizing, leading, and controlling
Regarding the academic fields of psychology, leadership, entrepreneurship, and strategy, which of
the following statements about leadership is true?
- Only extroverts make good leaders. WHithout charisma, employees will not obey your instructions.
- Leaders are paid less than managers because leading people is easier than managing other
resources such as money or supplies.
- Leadership is defined as recognizing opportunities (needs, wants, problems, or challenges), coming
up with a solution, and putting that idea into action.
- Leadership involves using formal power as well as informal/social sources of influence to inspire
action in others. Correct answer-Leadership involves using formal power as well as informal/social
sources of influence to inspire action in others.
True of false:
In terms of principles of management, one can think of leadership, entrepreneurship, and strategic
management as answering questions about "who," "what," and "how." Correct answer-True
_________ is sometimes defined as "the art of getting things done through the efforts of other
people." Correct answer-Management
When an organization has a long-term purpose, articulated in clear goals and objectives, and these
goals and objectives comprise a coherent plan of action, then we would say that the organization has
__________. Correct answer-a strategy
Triple Bottom Line refers to the measurement of __________ Correct answer-social performance,
environmental performance, and economic performance
Critics of corporate social responsibility (CSR) frequently argue that __________. Correct answer-
CSR detracts from the fundamental economic purpose of business
Authorizing individuals to think, work, and make decisions on their own, with little supervision, is
called: Correct answer-empowerment
, There are ten roles common to the work of all managers. These include figurehead, liaison,
spokesperson, and negotiator.
True or false:
Each manager may find themselves performing any of the ten roles from time to time. Correct
answer-True
Organizational citizenship behaviors can be understood as _____________ behaviors that are
beneficial to the organization and ___________ explicitly defined in job descriptions. Correct
answer-individual ,
are not
Chapter 2 Correct answer-
True or False: Over time, the principles of Taylorism (Frederick Taylor's scientific management)
tended to dehumanize workers. Correct answer-True
"The interests of one person should never take precedence over what is best for the company as a
whole" is an explanation of which of Fayol's 14 principles of management? Correct answer-
Subordination of individual interests
True or false:
In highly assertive countries, competition between individuals and groups is discouraged. Correct
answer-False
__________ indicates that members of a society attempt to cope with anxiety by minimizing
uncertainty. Correct answer-High uncertainty avoidance
__________ was the first scholar to write about how to manage "knowledge workers." His earliest
work appeared in 1969 and was seen as the start of modern management ideas. Correct answer-
Peter Drucker
True or False:
Countries with low institutional collectivism emphasize individual achievement and rewards.
Correct answer-True
True or false:
Leaders of an organization set the moral tone of the organization through their words and actions.
Correct answer-True
The __________ (U.S. law) sought to reform corporate governance practices in large public
companies. It directing them to establish a code of ethical conduct, among other requirements.
Correct answer-Sarbanes-Oxley Act
A commonality of the earliest management concepts was __________. Correct answer-the need to
manage large, uneducated populations, with an emphasis on maintaining order
Frank and Lillian Gilbreth expanded on the work of Frederick Taylor by conducting "time and motion
studies." This process is still used today. The Gilbreths' goal was to __________. Correct answer-
eliminate wasted motion and reduce employee fatigue, which would improve productivity
True or false:
