Principles of Management Midterm Questions with Accurate Answers

Principles of Management Midterm
Questions with Accurate Answers
CHAPTER 1 - ANSWERS

One way to think of management is ___.
A.
efficiency in motion
B.
the science of helping people
C.
the science of accomplishing things
D.
the art of getting things done through people
E.
the science of synergy - ANSWERSD. the art of getting things done through people

Don works diligently to accomplish the company goals in an efficient and effective
manner, utilizing his employees through planning, organizing, leading, and controlling
company resources. Don is ___.
A.
developing synergy
B.
delegating
C.
entrepreneuring
D.
managing
E.
vision planning - ANSWERSD. managing

At ABC Manufacturing, employees work together to achieve the company goals and
purposes. This describes ___.
A. ad hoc teams
B. an organization
C. visionaries
D. stretch goals
E. a force - ANSWERSB. an organization

Tom, a restaurant general manager, carefully watches his costs by reusing some items
that in the past were immediately thrown away. Tom is an example of a(n) _____
manager.
A.

,effective
B.
diverse
C.
detail
D.
efficient
E.
macro - ANSWERSD.
efficient

Greg, a supervisor, is known by his managers to be sharp in his decisions and has a
good track record of meeting his goals; Greg is a(n) ____ manager.
A.
effective
B.
diverse
C.
detail
D.
efficient
E.
macro - ANSWERSA.
effective

Management is defined as the pursuit of organizational goals ____.
A.
efficiently and effectively
B.
correctly and with synergy
C.
economically
D.
efficiently and in a detailed-oriented manner
E.
with passion and effectiveness - ANSWERSA.
efficiently and effectively

The multiplier effect states that a manager's influence on the organization ___.
A.
has implications far beyond the results that can be achieved by one person acting alone
B.
is felt repeatedly for many days
C.
can have great and continual cost implications
D.

,also results in large consequences for employees' families
E.
can result in many types of company diversity - ANSWERSA.
has implications far beyond the results that can be achieved by one person acting alone

The rarest and most precious resource in business according to Fortune magazine is
___.
A.
financial capital
B.
skilled and effective managers
C.
quality, low-cost equipment
D.
healthy workers
E.
workers and managers - ANSWERSB.
skilled and effective managers

Those who study management will understand how to ___.
A.
relate to their managers and deal with organizations from the outside
B.
better manage money
C.
relate to coworkers and deal with technology
D.
sell their product
E.
counsel workers on personal and family issues - ANSWERSA.
relate to their managers and deal with organizations from the outside

Becoming a manager offers ___.
A.
few rewards due to the large amount of stress
B.
many rewards apart from money and status
C.
an individual to be exempt from some current laws
D.
an individual to not have to stretch his or her abilities
E.
little apart from money and status - ANSWERSB.
many rewards apart from money and status

Two of the primary challenges facing managers today are ____.

, A.
dealing with employee issues and maintaining good records
B.
dealing with the lack of information and union problems
C.
dealing with union and financial issues
D.
managing for a competitive advantage and diversity
E.
dealing with ethical dilemmas and decreasing diversity - ANSWERSD.
managing for a competitive advantage and diversity

Samuel, a marketing manager, recently attended a management workshop where he
learned of Mihaly Csikzentmihalyi's view that the ideal state that many people seek is
___.
A.
between a high and low pay rate
B.
a point of little working and more relaxing
C.
an emotional zone somewhere between boredom and anxiety
D.
where very little work is required
E.
a high-pressure career that makes an individual stronger - ANSWERSC.
an emotional zone somewhere between boredom and anxiety

ABC Manufacturing employs some of the top professionals in its field, and because of
their skills and experience, ABC is highly efficient and outperforms its competitors. ABC
Manufacturing has a ____ over its competition.
A.
quality mark
B.
effectiveness advantage
C.
synergy
D.
leadership dimension
E.
competitive advantage - ANSWERSE.
competitive advantage

Gregson Production is keenly aware of the need to daily strive to produce goods and
services more effectively than its competitors. Therefore, to achieve this standard,
Gregson's management strives to ____.
A.