207 Exam With Correct Solutions 2025
organizationCORRECT ANSWERS✔✔Group of people working in a structured way to achieve
managementCORRECT ANSWERS✔✔Process of working with people and resources to achieve goals
entrepreneurial mindsetCORRECT ANSWERS✔✔the ability to quickly sense, take action, and get
organized under uncertain conditions
entrepreneurCORRECT ANSWERS✔✔A person who organizes, manages, and takes on the risks of a
business.
efficiencyCORRECT ANSWERS✔✔using resources without waste
doing things right
effectivenessCORRECT ANSWERS✔✔achieving goals successfully
doing the right things
, responsibilityCORRECT ANSWERS✔✔obligation to perform or oversee
cannot be delegated
accountabilityCORRECT ANSWERS✔✔state of being responsible for one-self, organization or public
types of managersCORRECT ANSWERS✔✔top managers, middle managers, first-line managers, general
managers, functional managers
top managersCORRECT ANSWERS✔✔policy makers
middle managersCORRECT ANSWERS✔✔organizational level decisions
first line managersCORRECT ANSWERS✔✔technical core responsibilities
general managersCORRECT ANSWERS✔✔responsibility for all activities in a unit
functional managersCORRECT ANSWERS✔✔responsible for only one organizational activity
managerial rolesCORRECT ANSWERS✔✔interpersonal, informational, decisional
interpersonal rolesCORRECT ANSWERS✔✔figurehead, leader, liaison
informational rolesCORRECT ANSWERS✔✔monitor, disseminator, spokesperson
decisional roleCORRECT ANSWERS✔✔entrepreneur, disturbance handler, resource allocator,
negotiator
organizationCORRECT ANSWERS✔✔Group of people working in a structured way to achieve
managementCORRECT ANSWERS✔✔Process of working with people and resources to achieve goals
entrepreneurial mindsetCORRECT ANSWERS✔✔the ability to quickly sense, take action, and get
organized under uncertain conditions
entrepreneurCORRECT ANSWERS✔✔A person who organizes, manages, and takes on the risks of a
business.
efficiencyCORRECT ANSWERS✔✔using resources without waste
doing things right
effectivenessCORRECT ANSWERS✔✔achieving goals successfully
doing the right things
, responsibilityCORRECT ANSWERS✔✔obligation to perform or oversee
cannot be delegated
accountabilityCORRECT ANSWERS✔✔state of being responsible for one-self, organization or public
types of managersCORRECT ANSWERS✔✔top managers, middle managers, first-line managers, general
managers, functional managers
top managersCORRECT ANSWERS✔✔policy makers
middle managersCORRECT ANSWERS✔✔organizational level decisions
first line managersCORRECT ANSWERS✔✔technical core responsibilities
general managersCORRECT ANSWERS✔✔responsibility for all activities in a unit
functional managersCORRECT ANSWERS✔✔responsible for only one organizational activity
managerial rolesCORRECT ANSWERS✔✔interpersonal, informational, decisional
interpersonal rolesCORRECT ANSWERS✔✔figurehead, leader, liaison
informational rolesCORRECT ANSWERS✔✔monitor, disseminator, spokesperson
decisional roleCORRECT ANSWERS✔✔entrepreneur, disturbance handler, resource allocator,
negotiator
