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Business Management Exam #1 Study Guide With Questions And 100%
CORRECT ANSWERS
Terms in this set (112)
What are the four basic management functions? Planning, Organizing, Influencing, Controlling
A process/series of related activities Management
Focused on reaching organizational goals
Working with and through people and other
organizational resources
, Guide organizations toward goal accomplishment The Role of Management
Combine and use organizational resources to
ensure organizations achieve their purpose
Encourage individual activities are focused on
reaching organizational goals
Focus on activities or other factors that may get in
the way of goal achievement
Setting organizational goals Managerial Functions: Planning
Identifying actions to achieve the goals
Determining tasks and groupings of work Managerial Functions: Organizing
Assigning tasks to individuals in the organization
Working with people within organizations Managerial Functions: Influencing
Guiding the activities of organization members in
appropriate directions
Monitoring and measuring organizational Managerial Functions: Controlling
performance
Determining if organization should be modified to
meet pre-established standards
Human Organizational Resources
Monetary
Raw Materials
Capital
When resources are used to achieve goals, Managerial Effectiveness
managers are effective
When resources contribute to productivity, Managerial Effectiveness
managers are efficient
Business Management Exam #1 Study Guide With Questions And 100%
CORRECT ANSWERS
Terms in this set (112)
What are the four basic management functions? Planning, Organizing, Influencing, Controlling
A process/series of related activities Management
Focused on reaching organizational goals
Working with and through people and other
organizational resources
, Guide organizations toward goal accomplishment The Role of Management
Combine and use organizational resources to
ensure organizations achieve their purpose
Encourage individual activities are focused on
reaching organizational goals
Focus on activities or other factors that may get in
the way of goal achievement
Setting organizational goals Managerial Functions: Planning
Identifying actions to achieve the goals
Determining tasks and groupings of work Managerial Functions: Organizing
Assigning tasks to individuals in the organization
Working with people within organizations Managerial Functions: Influencing
Guiding the activities of organization members in
appropriate directions
Monitoring and measuring organizational Managerial Functions: Controlling
performance
Determining if organization should be modified to
meet pre-established standards
Human Organizational Resources
Monetary
Raw Materials
Capital
When resources are used to achieve goals, Managerial Effectiveness
managers are effective
When resources contribute to productivity, Managerial Effectiveness
managers are efficient
