MGMT 3013 Chapter 1-Exam 1 Questions and Answers 100% Pass

MGMT 3013 Chapter 1-Exam 1 Questions and Answers 100% Pass organization - a group of people who work together to achieve some specific purpose -goal oriented management is defined as - -pursuit of organizational goals efficiently and effectively by -integrating the work of people through -planning, organizing, leading and controlling the organizations resources four types of management - CLOP -controlling -leading -organizing -planning efficient - to use resources: people, money, raw materials and the like 2Brittie Donald, All Rights Reserved © 2025 -wisely and cost effectively -most bang for your buck effective - to achieve results, to make the right decisions and to successfully carry them out to achieve organization's goals -achieving desired results -we don't care about cost in order to be effective Burger King decided to add breakfast to its hours of operation in order to increase its customers. This was an attempt to improve the organization's: - effectiveness Examples of efficiency - companies using a "telephone menu" of options to answer calls Rewards of studying management - -how to deal with organizations -how to relate with supervisors -how to interact with coworkers -how to manage yourself Rewards for practicing management - -sense of accomplishment -stretch abilities -build a catalog of successful products or services 3Brittie Donald, All Rights Reserved © 2025 -become a mentor planning - set goals and decide how to achieve them organizing - arrange tasks, people, and other resources to accomplish the work leading - motivate, direct, and otherwise influence people to work hard to achieve the organization's goals controlling - monitor performance, compare it with goals, and take corrective action if needed planning, organizing, leading and controlling - the management pro