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MANG 3401 Midterm Exam Study Guide.

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©BRIGHTSTARS EXAM SOLUTIONS 11/16/2024 10:16 AM 1 | P a g e MANG 3401 Midterm Exam Study Guide. Organization - answerCollection of people working towards the same goals Management - answerthe planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively four parts of the management process - answerplanning, organizing, leading, controlling planning - answercomprehensive approach that coordinates all assets to achieve company goals organizing - answerthe structure of working relationships in an organization leading - answerarticulating a clear vision and energizing and enabling organizational members so they understand the part they play in achieving organizational goals controlling - answermeasuring performance using metrics and taking steps to improve/maintain 4 management levels - answerfirst-line, middle, top, top management team first-line manager - answersupervises operational employees middle manager - answerSupervises first-line managers and is responsible for finding the best way to use resources to achieve organizational goals top manager - answersupervises middle managers, creates organizational goals top management team - answerCEO, CFO, CLO, Vice... Management Skills - answerConceptual, human, technical, core competency conceptual - answerability to analyze and diagnose a situation and distinguish between cause and effect human - answerability to alter, lead, and control behavior or people and groups technical - answerjob specific skills, mastery of technique ©BRIGHTSTARS EXAM SOLUTIONS 11/16/2024 10:16 AM 2 | P a g e core competency - answercollective set of skills, knowledge, experience global management - answerinvolves managing business and organizations with interests in more than one country, outsourcing and insourcing outsourcing - answercomponents of final products made elsewhere: quality control, shipping costs, timely delivery, logistical issues insourcing - answermaking things in-house, affects employee morale positively: employee- empowerment, self-management teams, competitive advantage, innovation Frederick Taylor () - answerfather of scientific management Max Weber () - answerprinciples of bureaucracy Mary Parker Follett - answerMother of scientific management Douglas McGregor - answertheory x and theory y theory x - answerassumes that workers are basically lazy, error-prone, and extrinsically motivated by money and, thus, should be directed from above. theory y - answerassumes that, given challenge and freedom, workers are motivated to achieve self-esteem and to demonstrate their competence and creativity. 5 personality traits - answerextraversion, negative affectivity, agreeableness, conscientiousness, openness to experience extraversion - answertendency to experience positive moods and feel good about other people negative affectivity - answertendency to experience negative emotions and moods, feel distressed, and be critical of oneself and others agreeableness - answerThe tendency to get along well with other people. conscientiousness - answerthe care a person gives to organization and thoughtfulness of others; dependability, playing by the rules, being careful openness to experience - answertendency to be original, have broad interests, be open to a wide range of stimuli, be daring and take risks Other Personality Traits - answerInternal/External locus of control, self-esteem, need for achievement, need for affiliation, need for power

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©BRIGHTSTARS EXAM SOLUTIONS

11/16/2024 10:16 AM


MANG 3401 Midterm Exam Study Guide.


Organization - answer✔Collection of people working towards the same goals

Management - answer✔the planning, organizing, leading, and controlling of human and other
resources to achieve organizational goals efficiently and effectively

four parts of the management process - answer✔planning, organizing, leading, controlling

planning - answer✔comprehensive approach that coordinates all assets to achieve company
goals

organizing - answer✔the structure of working relationships in an organization

leading - answer✔articulating a clear vision and energizing and enabling organizational
members so they understand the part they play in achieving organizational goals

controlling - answer✔measuring performance using metrics and taking steps to
improve/maintain

4 management levels - answer✔first-line, middle, top, top management team

first-line manager - answer✔supervises operational employees

middle manager - answer✔Supervises first-line managers and is responsible for finding the best
way to use resources to achieve organizational goals

top manager - answer✔supervises middle managers, creates organizational goals

top management team - answer✔CEO, CFO, CLO, Vice...

Management Skills - answer✔Conceptual, human, technical, core competency

conceptual - answer✔ability to analyze and diagnose a situation and distinguish between cause
and effect

human - answer✔ability to alter, lead, and control behavior or people and groups

technical - answer✔job specific skills, mastery of technique

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, ©BRIGHTSTARS EXAM SOLUTIONS

11/16/2024 10:16 AM

core competency - answer✔collective set of skills, knowledge, experience

global management - answer✔involves managing business and organizations with interests in
more than one country, outsourcing and insourcing

outsourcing - answer✔components of final products made elsewhere: quality control, shipping
costs, timely delivery, logistical issues

insourcing - answer✔making things in-house, affects employee morale positively: employee-
empowerment, self-management teams, competitive advantage, innovation

Frederick Taylor (1865-1915) - answer✔father of scientific management

Max Weber (1864-1920) - answer✔principles of bureaucracy

Mary Parker Follett - answer✔Mother of scientific management

Douglas McGregor - answer✔theory x and theory y

theory x - answer✔assumes that workers are basically lazy, error-prone, and extrinsically
motivated by money and, thus, should be directed from above.

theory y - answer✔assumes that, given challenge and freedom, workers are motivated to
achieve self-esteem and to demonstrate their competence and creativity.

5 personality traits - answer✔extraversion, negative affectivity, agreeableness,
conscientiousness, openness to experience

extraversion - answer✔tendency to experience positive moods and feel good about other
people

negative affectivity - answer✔tendency to experience negative emotions and moods, feel
distressed, and be critical of oneself and others

agreeableness - answer✔The tendency to get along well with other people.

conscientiousness - answer✔the care a person gives to organization and thoughtfulness of
others; dependability, playing by the rules, being careful

openness to experience - answer✔tendency to be original, have broad interests, be open to a
wide range of stimuli, be daring and take risks

Other Personality Traits - answer✔Internal/External locus of control, self-esteem, need for
achievement, need for affiliation, need for power


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, ©BRIGHTSTARS EXAM SOLUTIONS

11/16/2024 10:16 AM

internal locus of control - answer✔the tendency to locate responsibility for one's fate within
oneself

external locus of control - answer✔the tendency to locate responsibility for one's fate in
outside forces and to believe one's own behavior has little impact on outcomes

self-esteem - answer✔extent to which an individual feels good about themselves/their
capabilities

need for achievement - answer✔The desire to perform challenging tasks well and to meet one's
own high standards.

need for affiliation - answer✔desire to associate with others, to be part of a group, to form
close and intimate relationships

need for power - answer✔desire to influence, coach, teach, or encourage others to achieve, or
control others

Values - answer✔terminal, instrumental, norms, value system

terminal - answer✔lifelong goal/objective that one seeks

instrumental - answer✔way of behaving, mode of conduct

value system - answer✔the terminal and instrumental values that are guiding principles in an
individual's life

norms - answer✔informal and unwritten codes of conduct

Attitudes - answer✔collection of feelings and beliefs: job satisfaction, organizational
commitment, mood, emotions, emotional intelligence

mood - answer✔feeling/state of mind

emotions - answer✔Intense short-lived feelings/eruptions that go away quickly

emotional intelligence - answer✔ability to understand/manage emotions and moods of self and
others

organizational culture - answer✔the shared set of beliefs, expectations, values, norms, and
work routines that influence how individuals, groups, and teams interact with one another and
cooperate to achieve organizational goals




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