MGT 300 Exam 1 (Chapters 1, 2, 3 & 4)
Question 1.
6 Parts of the Management Process
ANSWER
1. Input
2. Planning
3. Organizing
4. Leading
5. Controlling
6. Output
Question 2.
Controlling
ANSWER
the process of determining the ways and means of following-up to ensure that actual performance is leading to goal attainment.
Question 3.
Output
ANSWER
Efficient & effective performance, Products and/or services desired by customers
Question 4.
Leading
ANSWER
refers to utilizing influence to motivate employees to achieve goals.
Question 5.
Organizing
ANSWER
the management function of determining the resources and activities required to achieve the organization's objectives and combining them to create a formal
structure, assigning responsibility, and delegating authority to carry out assignments
Question 6.
Planning
ANSWER
the process of setting goals and determining the actions necessary to attain them. Thus, planning involves determining the "what" and the "how."
, Question 7.
Input
ANSWER
Human Capital, Financial Capital, Raw Materials, Technological, Information
Question 8.
What are the levels of management?
ANSWER
1. Top
2. Middle
3. First-Line
Question 9.
Top Management
ANSWER
CEO's, CIO's, Presidents
Question 10.
Middle Management
ANSWER
VP, Division Heads, Directors
Question 11.
First-Line Management
ANSWER
Supervisors, Foreman, Team Leaders, Coaches
Question 12.
What are the Organizational Functions & Management Types?
ANSWER
1. Primary Functions
2. Support Functions
3. General/Functional Managers
Question 13.
What are the Primary Functions?
ANSWER
1. Operations: production, manufacturing, or the generation of service
2. Marketing: distribution, promotion, sales
3. Finance: acquisition and use of funds, budgeting
Question 1.
6 Parts of the Management Process
ANSWER
1. Input
2. Planning
3. Organizing
4. Leading
5. Controlling
6. Output
Question 2.
Controlling
ANSWER
the process of determining the ways and means of following-up to ensure that actual performance is leading to goal attainment.
Question 3.
Output
ANSWER
Efficient & effective performance, Products and/or services desired by customers
Question 4.
Leading
ANSWER
refers to utilizing influence to motivate employees to achieve goals.
Question 5.
Organizing
ANSWER
the management function of determining the resources and activities required to achieve the organization's objectives and combining them to create a formal
structure, assigning responsibility, and delegating authority to carry out assignments
Question 6.
Planning
ANSWER
the process of setting goals and determining the actions necessary to attain them. Thus, planning involves determining the "what" and the "how."
, Question 7.
Input
ANSWER
Human Capital, Financial Capital, Raw Materials, Technological, Information
Question 8.
What are the levels of management?
ANSWER
1. Top
2. Middle
3. First-Line
Question 9.
Top Management
ANSWER
CEO's, CIO's, Presidents
Question 10.
Middle Management
ANSWER
VP, Division Heads, Directors
Question 11.
First-Line Management
ANSWER
Supervisors, Foreman, Team Leaders, Coaches
Question 12.
What are the Organizational Functions & Management Types?
ANSWER
1. Primary Functions
2. Support Functions
3. General/Functional Managers
Question 13.
What are the Primary Functions?
ANSWER
1. Operations: production, manufacturing, or the generation of service
2. Marketing: distribution, promotion, sales
3. Finance: acquisition and use of funds, budgeting
