MGMT 339 PREPARATION TEST 2026
QUESTIONS AND CORRECT ANSWERS
GRADED A+
● Definition of mgmt? 3. Answer: 1) A process to accomplish
organizational goals 2) Utilizing a cumulative body of information 3)
Career devoted to guiding and directing organizations
● What are the 4 functions of Managment? Answer: 1) Planning 2)
Organizing 3) Influencing 4) Controlling
● What are the 4 organizational resources? Answer: 1) Human 2)
Monetary 3) Raw Materials 4) Capital
● What are the 3 types of management skills? Answer: 1) Technical 2)
Human 3) Conceptual
● What type of skills do top management need? Answer: Conceptual and
human
● What type of skills do middle mgmt need? Answer: Human,
conceptual, and technical
, ● what type of skills do lower mgmt need? Answer: Technical skills and
human
● What are the 4 stages of a career? Answer: 1) Exploration 2)
Establishment 3) Maintenance 4) Decline
● What is the definition of planning? Answer: The systematic
development of action plans aimed at reaching objectives by analyzing,
evaluating, and selecting foreseen opportunities
● What are the advantages of planning? Answer: 1) Forces managers to
think about the future 2) Improves coordination of decisions 3)
Emphasizes organizational objectives 4) Helps greatly in the creation of
a new business
● What are the disadvantages of planning? Answer: Takes a lot of time
● What are the two types of plans? Answer: 1) Standing plan 2) Single
use plan
● What is a standing plan? Answer: Used over and over again because it
focuses on situations that occur repeatedly
● What is a single use plan? Answer: Used to carry out a special project,
not to be repeated
QUESTIONS AND CORRECT ANSWERS
GRADED A+
● Definition of mgmt? 3. Answer: 1) A process to accomplish
organizational goals 2) Utilizing a cumulative body of information 3)
Career devoted to guiding and directing organizations
● What are the 4 functions of Managment? Answer: 1) Planning 2)
Organizing 3) Influencing 4) Controlling
● What are the 4 organizational resources? Answer: 1) Human 2)
Monetary 3) Raw Materials 4) Capital
● What are the 3 types of management skills? Answer: 1) Technical 2)
Human 3) Conceptual
● What type of skills do top management need? Answer: Conceptual and
human
● What type of skills do middle mgmt need? Answer: Human,
conceptual, and technical
, ● what type of skills do lower mgmt need? Answer: Technical skills and
human
● What are the 4 stages of a career? Answer: 1) Exploration 2)
Establishment 3) Maintenance 4) Decline
● What is the definition of planning? Answer: The systematic
development of action plans aimed at reaching objectives by analyzing,
evaluating, and selecting foreseen opportunities
● What are the advantages of planning? Answer: 1) Forces managers to
think about the future 2) Improves coordination of decisions 3)
Emphasizes organizational objectives 4) Helps greatly in the creation of
a new business
● What are the disadvantages of planning? Answer: Takes a lot of time
● What are the two types of plans? Answer: 1) Standing plan 2) Single
use plan
● What is a standing plan? Answer: Used over and over again because it
focuses on situations that occur repeatedly
● What is a single use plan? Answer: Used to carry out a special project,
not to be repeated
