UNIVERSITY (ACTUAL 2025) QUESTIONS AND
VERIFIED ANSWERS
organization
a group of people who work together to achieve some specific
purpose
management
1) the pursuit of organizational goals efficiently and
effectively by (2) integrating the work of people through (3)
planning, organizing, leading, and controlling the
organization's resources
efficiency
"the means"
to use resources--people, money, raw materials, etc., wisely
and cost-effectively
interpersonal roles
,figurehead, leader, and liaison
managers interact with people inside and outside their work
units
informational roles
monitor, disseminator, spokesperson
managers recieve and communicate information
decisional roles
entrepreneur, disturbance handler, resource allocator,
negotiator
use information to make decisions to solve problems or take
advantage of oppurtunities
start-up
a newly created company designed to grow fast
, entrepreneurship
process of taking risks to try to create a new enterprise
intrapreneur
someone who works inside an existing organization who sees
an opportunity for a product or service and mobilizes the
organization's resources to try to realize it
internal locus of control
the belief that you control your own destiny
Peter Drucker
creator and inventor of modern management "The Practice of
Management"
classical viewpoint (1911-1947)
historical perspective
emphasis on ways to manage work more efficiently