MIE 201 Test 3 Makanui question and answers graded A+ 2023/2024

MIE 201 Test 3 management - correct answer a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment. managers - correct answer those individuals in organizations who make decisions about the use of resources and who are concerned with planning, organizing, staffing, directing, and controlling the organization's activities to reach its objectives. staffing - correct answer the hiring of people to carry out the work of the organization downsizing - correct answer the elimination of a significant number of employees from an organization. planning - correct answer the process of determining the organization's objectives and deciding how to accomplish them; the first function of management mission statement - correct answer the statement of an organization's fundamental purpose and basic philosophy goals - correct answer the result that a firm wishes to achieve company almost always has multiple goals goal has 3 components: an attribute sought, a target to be achieved, and a time frame objectives - correct answer the ends or results desired by an organization derived from organization's mission strategic plans - correct answer those plans that establish the long-range objectives and overall strategy or course of action by which a firm fulfills its mission