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Exam (elaborations)

GB 370 EXAM 1 QUESTIONS & ANSWERS(RATED A+)

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a group of people working together in a structured and coordinated fashion to achieve a set of goals - ANSWERorganization four organizational resources - ANSWERphysical, human, information and financial resources _________ resources involve managerial talent and labor (corporate executives, faculty, clerks, bookkeepers) - ANSWERhuman _________ resources involve capital investments to support ongoing and long-term operations (profits, stockholder investments, grants, donations, tax revenue) - ANSWERfinancial ________ resources include raw materials, office and production facilities and equipment (ex. refineries, computers, buildings, display shelving) - ANSWERphysical ________ resources include usable data and information linkages (ex. research reports, sales forecasts, price lists from suppliers) - ANSWERinformation a set of activities involving planning, decision making, organizing, leading, and controlling an organization's resources with the aim of achieving goals in an efficient and effective manner - ANSWERmanagement the basic purpose of management is to __________ use resources in a cost effective way and to ___________ make and implement the right decisions - ANSWERefficiently, effectively someone whose primary responsibility is to carry out the management process; Plans and makes decisions, organizes, leads, and controls human, financial, physical, and information resources - ANSWERmanager setting the organization's goals and deciding how to achieve them - ANSWERplanning determine how best to group activities and resources - ANSWERorganization monitoring and correcting ongoing activities to facilitate goal attainment - ANSWERcontrol motivating members of the organization to work in the best interests of the organization - ANSWERlead four components of the management process - ANSWERplanning, organizing, controlling, leading ________ occurs when managers try to change too many of the components of the management process at once - ANSWERconflict middle management is dying because of ______ and _______ - ANSWERtechnology, management by objectives six main types of managers by area - ANSWERhuman resource, marketing, financial, administrative, operations, specialist managers three interpersonal managerial roles: - ANSWERfigurehead, leader, liaison three informational managerial roles - ANSWERmonitor, disseminator (sending memos), spokesperson

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July 16, 2025
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2024/2025
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GB 370 EXAM 1 QUESTIONS &
ANSWERS(RATED A+)
a group of people working together in a structured and coordinated fashion to
achieve a set of goals - ANSWERorganization

four organizational resources - ANSWERphysical, human, information and financial
resources

_________ resources involve managerial talent and labor (corporate executives,
faculty, clerks, bookkeepers) - ANSWERhuman

_________ resources involve capital investments to support ongoing and long-term
operations (profits, stockholder investments, grants, donations, tax revenue) -
ANSWERfinancial

________ resources include raw materials, office and production facilities and
equipment (ex. refineries, computers, buildings, display shelving) - ANSWERphysical

________ resources include usable data and information linkages (ex. research
reports, sales forecasts, price lists from suppliers) - ANSWERinformation

a set of activities involving planning, decision making, organizing, leading, and
controlling an organization's resources with the aim of achieving goals in an efficient
and effective manner - ANSWERmanagement

the basic purpose of management is to __________ use resources in a cost
effective way and to ___________ make and implement the right decisions -
ANSWERefficiently, effectively

someone whose primary responsibility is to carry out the management process;
Plans and makes decisions, organizes, leads, and controls human, financial,
physical, and information resources - ANSWERmanager

setting the organization's goals and deciding how to achieve them -
ANSWERplanning

determine how best to group activities and resources - ANSWERorganization

monitoring and correcting ongoing activities to facilitate goal attainment -
ANSWERcontrol

motivating members of the organization to work in the best interests of the
organization - ANSWERlead

four components of the management process - ANSWERplanning, organizing,
controlling, leading

, ________ occurs when managers try to change too many of the components of the
management process at once - ANSWERconflict

middle management is dying because of ______ and _______ -
ANSWERtechnology, management by objectives

six main types of managers by area - ANSWERhuman resource, marketing,
financial, administrative, operations, specialist managers

three interpersonal managerial roles: - ANSWERfigurehead, leader, liaison

three informational managerial roles - ANSWERmonitor, disseminator (sending
memos), spokesperson

four decisional management roles - ANSWERentrepreneur, disturbance handler,
resource allocator, negotiator

a manager's primary job is to understand that everyone ________ -
ANSWERrequires a different interaction with their manager

seven fundamental management skills - ANSWERinterpersonal, diagnostic,
technical, conceptual, communication, time management, decision making

the _______ of management assumes that problems can be approached using
rational, logical, objective, and systematic ways and requires the use of technical,
diagnostic and decision making skills to solve problems - ANSWERscience

the ________ of management involves making decisions and solving problems using
a blend of intuition, experience, instinct, and insight and requires the use of
conceptual communication, interpersonal, and time management skills to accomplish
tasks - ANSWERart

two main sources of management skills - ANSWEReducation and experience

intended as a group study of the effects of a piecework incentive plan on production
workers, workplace lightings changes employee behavior - ANSWERhawthorne
studies

people do not like work, so manager's have to make people work toward goals,
people prefer to be directed, to avoid responsibility and to want security - they have
little ambition - ANSWERtheory x assumption

people do not naturally dislike work, it is a natural part of their lives, people are
internally motivated and commit to goals to the degree that they receives personal
reward, people seek responsibility and have the capacity to be innovative in
favorable conditions; in most organizational conditions their potential is underutilized
- ANSWERtheory y assumption

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