• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 3 out of 16 pages
Exam (elaborations)

MGMT 309 Final – Wesner || 100% Verified Answers.

Document preview thumbnail
Preview 3 out of 16 pages

What are the various functions of management? (4) correct answers 1 Planning and decision making - setting the organizations goals and deciding how best to achieve them 2 organizing - determining how best to group activities and resources 3 controlling -monitoring and correcting ongoing activities to facilitate goal attainment 4 leading -motivating member of the organization to work in the best interest of the organization What is operations management? correct answers concerned with creating and managing the systems that create an organization's products and services typical responsibilities - production control, inventory control, plant layout, and site selection what is administrative management? correct answers focuses on managing the whole organization not associated with any management specialty, no specialized training example: hospital or clinic administrator

Content preview

MGMT 309 Final – Wesner || 100% Verified Answers.


What are the various functions of management? (4) correct answers 1 Planning and decision
making
- setting the organizations goals and deciding how best to achieve them


2 organizing
- determining how best to group activities and resources


3 controlling
-monitoring and correcting ongoing activities to facilitate goal attainment


4 leading
-motivating member of the organization to work in the best interest of the organization


What is operations management? correct answers concerned with creating and managing the
systems that create an organization's products and services


typical responsibilities
- production control, inventory control, plant layout, and site selection


what is administrative management? correct answers focuses on managing the whole
organization


not associated with any management specialty, no specialized training


example: hospital or clinic administrator

,What is Theory X? correct answers is a relatively pessimistic and negative new of workers and is
consistent with the views of scientific management


assumptions
-people do not like work and try to avoid it
-people do not like work, so managers have to control, direct, coerce, and threaten employees to
get them to work toward organizational goals
-people prefer to be directed, to avoid responsibility, and to want security; they have little
ambition


What is quantitative management? correct answers focuses on decision making, economic
effectiveness, mathematical models, and the use of computers


two branches: management science and operations management
-management science: focuses specifically on the development of mathematical models
-operations management: generally concerned with helping the organization produce its products
or services more efficiently


What is a Gantt Chart? correct answers Created by Henry Gantt


A means of scheduling work and can be generated for each worker or for an entire complex
project


a chart in which a series of horizontal lines shows the amount of work done or production
completed in certain periods of time in relation to the amount planned for those periods.


What is a board of directors? correct answers governing body elected by the stockholders and
charged with overseeing the general management of the firm to ensure that it is being run in a
way that best serves the stockholder's interests

, they use to be passive but slowly becoming more influential in corporations, this was caused by
business scandals.


What are ethics? correct answers ones personal beliefs about whether a behavior, action, or
decision is right or wrong.


people have ethics; organizations do not


ethical behavior is in the eye of the beholder, usually refers to behavior that conforms to
generally accepted social norms


What is informational justice? correct answers refers to the perceived fairness of information
used to arrive at decisions


if someone feels that another manager made a decisions based on relatively complete
information then they will experience high informational justice


the opposite is true for low informational justice


What is Social Responsibility? correct answers organizations may exercise this towards their
stakeholders, towards the natural environment, and toward general welfare


4 type of social responsibility stances
-obstructionist stance
-defensive stance
-accommodative stance
-proactive stance


obstructionist stance correct answers social responsibility

Document information

Uploaded on
May 31, 2025
Number of pages
16
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$12.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
SirAnton
3.7
(118)
Sold
807
Followers
438
Items
40071
Last sold
1 week ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions