Management Fundamentals EXAM #1
Questions and Answers
to achieve organizational goals - ANSWER-Effectiveness
to achieve goals with minimal waste of resources - that is to make the best possible use
of money, time, materials and people - ANSWER-Efficiency
Establish high performance standards, support cooperation and trust and create
corporate purpose and ambition - ANSWER-Top-Level Managers
Linking Knowledge and Skills across the units, manage short-term purpose vs. long-
term ambition, and develop individuals and support their activities - ANSWER-Middle-
Level Managers
Attracting and developing resources, creating and pursuing new growth opportunities for
business, managing continuous Improvement within the unit - ANSWER-Frontline
Managers
Structuring teams and defining their purpose, find resources and remove obstacles for
team, develop team members skills so they become self-managing - ANSWER-Team
Leaders
Specifying goals to be achieved and deciding in advance the appropriate actions
needed to achieve those goals - ANSWER-Planning
Assembling and coordinating the human, Financial, physical, informational and other
resources needed to achieve goals - ANSWER-Organizing
Stimulating people to be high performers, motivating and communicating - ANSWER-
Leading
Monitoring performance and making Necessary changes in a timely manner -
ANSWER-Controlling
Ability to perform a specialized task that requires a process - ANSWER-Technical Skill
Ability to identify and resolve problems - ANSWER-Conceptual Skill
Ability to work well and communicate with others - ANSWER-Interpersonal
Questions and Answers
to achieve organizational goals - ANSWER-Effectiveness
to achieve goals with minimal waste of resources - that is to make the best possible use
of money, time, materials and people - ANSWER-Efficiency
Establish high performance standards, support cooperation and trust and create
corporate purpose and ambition - ANSWER-Top-Level Managers
Linking Knowledge and Skills across the units, manage short-term purpose vs. long-
term ambition, and develop individuals and support their activities - ANSWER-Middle-
Level Managers
Attracting and developing resources, creating and pursuing new growth opportunities for
business, managing continuous Improvement within the unit - ANSWER-Frontline
Managers
Structuring teams and defining their purpose, find resources and remove obstacles for
team, develop team members skills so they become self-managing - ANSWER-Team
Leaders
Specifying goals to be achieved and deciding in advance the appropriate actions
needed to achieve those goals - ANSWER-Planning
Assembling and coordinating the human, Financial, physical, informational and other
resources needed to achieve goals - ANSWER-Organizing
Stimulating people to be high performers, motivating and communicating - ANSWER-
Leading
Monitoring performance and making Necessary changes in a timely manner -
ANSWER-Controlling
Ability to perform a specialized task that requires a process - ANSWER-Technical Skill
Ability to identify and resolve problems - ANSWER-Conceptual Skill
Ability to work well and communicate with others - ANSWER-Interpersonal
