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Management 3013 OU Chapter 1-4 Questions and Answers 100% Pass

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Management 3013 OU Chapter 1-4 Questions and Answers 100% Pass Management - The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organization's resources Efficiency - The means of management. Use resources wisely and cost-effectively Effectiveness - The ends of management. Achieve results and make right decisions Seven challenges to being an exceptional manager - - Managing for competitive advantages (4 areas: responsive to customer, innovating new product, offering better quality, being more efficient) - Managing for diversity among different genders, ages, races, and ethnicities - Managing for globalization, the expanding universe - Managing for computers and telecommunications/information technology - Managing for right and wrong, or ethical standards - Managing for sustainability 2Brittie Donald, All Rights Reserved © 2025 - Managing for your own happiness and life goal Competitive advantage - ability of an organization to produce goods or services more effectively than competitors do, thereby outperforming them E-commerce - buying and selling of goods or services over computer networks Project management software - programs for planning and scheduling the people, costs and resources to complete a project on time Telecommute - to work from home or remote locations using a variety of information technologies Knowledge management - Implementing of systems and practices to increase the sharing of knowledge and information throughout an organization Sustainability: - economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs Four management functions - What are the following? Planning Organizing Leading Controlling 3Brittie Donald, All Rights Reserved © 2025 Planning - A function of management Set goal and decide how to achieve them Organizing - A function of management Arrange tasks, people, and other resources to accomplish the work Leading - A function of management Motivate, direct, and otherwise influence people to work hard to achieve the organization's goals Controlling - A function of management Monitor performance, compare it with goals, and take corrective action as needed Top managers - A level of management

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Institución
MGMT 3013
Grado
MGMT 3013

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Subido en
1 de febrero de 2025
Número de páginas
33
Escrito en
2024/2025
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Management 3013 OU Chapter 1-4
Questions and Answers 100% Pass


Management - ✔✔The pursuit of organizational goals efficiently and effectively by

integrating the work of people through planning, organizing, leading, and controlling

the organization's resources


Efficiency - ✔✔The means of management. Use resources wisely and cost-effectively


Effectiveness - ✔✔The ends of management. Achieve results and make right decisions


Seven challenges to being an exceptional manager - ✔✔- Managing for competitive

advantages (4 areas: responsive to customer, innovating new product, offering better

quality, being more efficient)


- Managing for diversity among different genders, ages, races, and ethnicities


- Managing for globalization, the expanding universe


- Managing for computers and telecommunications/information technology


- Managing for right and wrong, or ethical standards


- Managing for sustainability




Brittie Donald, All Rights Reserved © 2025 1

,- Managing for your own happiness and life goal


Competitive advantage - ✔✔ability of an organization to produce goods or services

more effectively than competitors do, thereby outperforming them


E-commerce - ✔✔buying and selling of goods or services over computer networks


Project management software - ✔✔programs for planning and scheduling the people,

costs and resources to complete a project on time


Telecommute - ✔✔to work from home or remote locations using a variety of

information technologies


Knowledge management - ✔✔Implementing of systems and practices to increase the

sharing of knowledge and information throughout an organization


Sustainability: - ✔✔economic development that meets the needs of the present without

compromising the ability of future generations to meet their own needs


Four management functions - ✔✔What are the following?


Planning


Organizing


Leading


Controlling




Brittie Donald, All Rights Reserved © 2025 2

,Planning - ✔✔A function of management


Set goal and decide how to achieve them


Organizing - ✔✔A function of management


Arrange tasks, people, and other resources to accomplish the work


Leading - ✔✔A function of management


Motivate, direct, and otherwise influence people to work hard to achieve the

organization's goals


Controlling - ✔✔A function of management


Monitor performance, compare it with goals, and take corrective action as needed


Top managers - ✔✔A level of management


Make long-term decisions about the overall direction of the organization and establish

the objectives, policies and strategies for it


Middle managers - ✔✔A level of management


Implement the policies and plans of the top managers above them and supervise and

coordinate the activities of the first-line managers below them


First-line managers - ✔✔A level of management




Brittie Donald, All Rights Reserved © 2025 3

, Make short term operating decisions, directed the daily tasks of non-managerial

personnel


Functional managers - ✔✔An area of management


Responsible for just one organizational activity


General managers - ✔✔An area of management


Responsible for several organizational activities


Nonprofit - ✔✔Which type of organization type has service as the bottom line?


Mutual-benefit organization - ✔✔Which type of organization type focuses on aiding its

members?


Interpersonal roles - ✔✔A type of managerial roles


Figure head, leader and liaison


Managers interact with people inside and outside their work units


Informational roles - ✔✔A type of managerial roles


Monitor, disseminator, and spokesperson


Managers receive and communicate information


Decisional roles - ✔✔A type of managerial roles


Entrepreneur, disturbance handler, resource allocator and negotiator



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