BUS 6600 Module 2 Chapters 7 and 10 Exam
Questions With Correct Answers
Managers |today |tend |to |be... |- |CORRECT |ANSWER✔✔-Collaborative, |emphasize |teams |and |
team |building, |guide, |train, |support, |motivate, |must |be |globally |prepared, |must |be |skilled |
communicators |and |team |players
Name |the |four |functions |of |management. |- |CORRECT |ANSWER✔✔-planning, |organizing, |
leading, |controlling
Define |management. |- |CORRECT |ANSWER✔✔-the |process |used |to |accomplish |organizational |
goals |through |planning, |organizing, |leading, |and |controlling |people |and |other |organizational |
resources
Define |the |planning |process |of |organizational |management. |- |CORRECT |ANSWER✔✔-a |
management |function |that |includes |anticipating |trends |and |determining |the |best |strategies |
and |tactics |to |achieve |organizational |goals |and |objectives; |setting |goals
What |is |the |key |management |function? |- |CORRECT |ANSWER✔✔-Planning |(you |must |have |a |
good |plan |for |all |other |functions |to |work)
Define |the |organizing |function |of |management. |- |CORRECT |ANSWER✔✔-Designing |the |
structure |of |the |organization |and |creating |conditions |and |systems |in |which |everyone |and |
everything |work |together |to |achieve |the |organization's |goals |and |objectives
Allocating |resources, |assigning |tasks, |establishing |procedures |for |accomplishing |goals, |
recruiting |and |selecting |are |all |parts |of |which |function |of |management? |- |CORRECT |
ANSWER✔✔-Organizing
,Successful |organizations |today |are |designed |around |what? |- |CORRECT |ANSWER✔✔-Pleasing |
the |customer |at |a |profit
What |is |leading? |- |CORRECT |ANSWER✔✔-creating |a |vision |for |the |organization |and |guiding, |
training, |coaching, |and |motivating |others |to |work |effectively |to |achieve |the |organization's |
goals |and |objectives |in |a |timely |manner.
Give |examples |of |the |leading |function |of |management. |- |CORRECT |ANSWER✔✔-Clarifying |
policies, |guiding |and |motivating, |providing |feedback |on |performance
Today, |most |managers |tend |to |______________ |employees. |This |function |was |once |known |as |
_________________, |that |is, |telling |employees |exactly |what |to |do. |- |CORRECT |ANSWER✔✔-
empower; |directing
What |is |the |controlling |function |of |management? |- |CORRECT |ANSWER✔✔-involves |
establishing |clear |standards |to |determine |whether |or |not |an |organization |is |progressing |
toward |its |goals |and |objectives, |rewarding |people |for |doing |a |good |job, |and |taking |corrective |
action |if |they |are |not.
Give |examples |of |controlling |in |management. |- |CORRECT |ANSWER✔✔-Measuring |results |
against |corporate |objectives; |monitoring |performance |relative |to |standards; |taking |corrective |
action |when |necessary
Planning |involves |setting |these |three |things. |- |CORRECT |ANSWER✔✔-Organizational |vision; |
goals |and |objectives
Define |a |vision. |- |CORRECT |ANSWER✔✔-an |encompassing |explanation |of |why |the |organization
|exists |and |where |it |is |headed; |it |is |more |than |a |goal.
, Define |a |mission |statement. |- |CORRECT |ANSWER✔✔-is |an |outline |of |the |fundamental |
purposes |of |the |organization.
What |should |a |good |mission |statement |address? |- |CORRECT |ANSWER✔✔-i. |The |organization's
|self-concept
ii. |Company |philosophy
iii. |Long-term |survival
iv. |Customer |needs
v. |Social |responsibility
vi. |The |nature |of |the |product |or |service
__________________ |are |the |broad, |long-term |accomplishments |an |organization |wishes |to |
attain. |- |CORRECT |ANSWER✔✔-Goals
Objectives |are? |- |CORRECT |ANSWER✔✔-Specific, |short-term |statements |detailing |how |to |
achieve |the |organization's |goals.
What |two |fundamental |questions |does |planning |address? |- |CORRECT |ANSWER✔✔-1. |What |is |
the |situation |now?
2. |How |can |we |get |there |from |here?
Define |SWOT |analysis. |- |CORRECT |ANSWER✔✔-A |planning |tool |used |to |analyze |an |
organization's |strengths, |weaknesses, |opportunities, |and |threats.
Strengths |and |weaknesses |are |______________ |to |the |firm. |Opportunities |and |threats |are |
____________ |to |the |firm. |- |CORRECT |ANSWER✔✔-Internal; |external |(cannot |always |be |
anticipated)
Questions With Correct Answers
Managers |today |tend |to |be... |- |CORRECT |ANSWER✔✔-Collaborative, |emphasize |teams |and |
team |building, |guide, |train, |support, |motivate, |must |be |globally |prepared, |must |be |skilled |
communicators |and |team |players
Name |the |four |functions |of |management. |- |CORRECT |ANSWER✔✔-planning, |organizing, |
leading, |controlling
Define |management. |- |CORRECT |ANSWER✔✔-the |process |used |to |accomplish |organizational |
goals |through |planning, |organizing, |leading, |and |controlling |people |and |other |organizational |
resources
Define |the |planning |process |of |organizational |management. |- |CORRECT |ANSWER✔✔-a |
management |function |that |includes |anticipating |trends |and |determining |the |best |strategies |
and |tactics |to |achieve |organizational |goals |and |objectives; |setting |goals
What |is |the |key |management |function? |- |CORRECT |ANSWER✔✔-Planning |(you |must |have |a |
good |plan |for |all |other |functions |to |work)
Define |the |organizing |function |of |management. |- |CORRECT |ANSWER✔✔-Designing |the |
structure |of |the |organization |and |creating |conditions |and |systems |in |which |everyone |and |
everything |work |together |to |achieve |the |organization's |goals |and |objectives
Allocating |resources, |assigning |tasks, |establishing |procedures |for |accomplishing |goals, |
recruiting |and |selecting |are |all |parts |of |which |function |of |management? |- |CORRECT |
ANSWER✔✔-Organizing
,Successful |organizations |today |are |designed |around |what? |- |CORRECT |ANSWER✔✔-Pleasing |
the |customer |at |a |profit
What |is |leading? |- |CORRECT |ANSWER✔✔-creating |a |vision |for |the |organization |and |guiding, |
training, |coaching, |and |motivating |others |to |work |effectively |to |achieve |the |organization's |
goals |and |objectives |in |a |timely |manner.
Give |examples |of |the |leading |function |of |management. |- |CORRECT |ANSWER✔✔-Clarifying |
policies, |guiding |and |motivating, |providing |feedback |on |performance
Today, |most |managers |tend |to |______________ |employees. |This |function |was |once |known |as |
_________________, |that |is, |telling |employees |exactly |what |to |do. |- |CORRECT |ANSWER✔✔-
empower; |directing
What |is |the |controlling |function |of |management? |- |CORRECT |ANSWER✔✔-involves |
establishing |clear |standards |to |determine |whether |or |not |an |organization |is |progressing |
toward |its |goals |and |objectives, |rewarding |people |for |doing |a |good |job, |and |taking |corrective |
action |if |they |are |not.
Give |examples |of |controlling |in |management. |- |CORRECT |ANSWER✔✔-Measuring |results |
against |corporate |objectives; |monitoring |performance |relative |to |standards; |taking |corrective |
action |when |necessary
Planning |involves |setting |these |three |things. |- |CORRECT |ANSWER✔✔-Organizational |vision; |
goals |and |objectives
Define |a |vision. |- |CORRECT |ANSWER✔✔-an |encompassing |explanation |of |why |the |organization
|exists |and |where |it |is |headed; |it |is |more |than |a |goal.
, Define |a |mission |statement. |- |CORRECT |ANSWER✔✔-is |an |outline |of |the |fundamental |
purposes |of |the |organization.
What |should |a |good |mission |statement |address? |- |CORRECT |ANSWER✔✔-i. |The |organization's
|self-concept
ii. |Company |philosophy
iii. |Long-term |survival
iv. |Customer |needs
v. |Social |responsibility
vi. |The |nature |of |the |product |or |service
__________________ |are |the |broad, |long-term |accomplishments |an |organization |wishes |to |
attain. |- |CORRECT |ANSWER✔✔-Goals
Objectives |are? |- |CORRECT |ANSWER✔✔-Specific, |short-term |statements |detailing |how |to |
achieve |the |organization's |goals.
What |two |fundamental |questions |does |planning |address? |- |CORRECT |ANSWER✔✔-1. |What |is |
the |situation |now?
2. |How |can |we |get |there |from |here?
Define |SWOT |analysis. |- |CORRECT |ANSWER✔✔-A |planning |tool |used |to |analyze |an |
organization's |strengths, |weaknesses, |opportunities, |and |threats.
Strengths |and |weaknesses |are |______________ |to |the |firm. |Opportunities |and |threats |are |
____________ |to |the |firm. |- |CORRECT |ANSWER✔✔-Internal; |external |(cannot |always |be |
anticipated)
