Business Exam 2-Ch 6 – Flashcards
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Management is a process
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or coordinating resources to achieve objectives
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managers need adequate____ resources to pay for essential activities
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financial
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all of the following are typical resources that must be acquired by each organization in the pursuit of its objectives except
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laws and regulations
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managers need adequate___ resources to pay for essential activities.
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financial
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____ make decisions about the use of an organization's resources and are concerned with planning, organizing leading, and controlling the organization's activities.
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managers
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If a manager is analyzing several methods for obtaining the money needed to expand operations, she is involved with which of the following resources?
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financial
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determining an organization's objectives and deciding how to accomplish them are part of the management function known as
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planning
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why is monitoring the consequences of decisions important?
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without it, the consequences of decisions may not be apparent quickly enough
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all of the following are functions of management except
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promoting
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forecasting is most closely associated with
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planning
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the type of planning conducted on a long-range basis by top managers is usually called
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strategic
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dividing work into small units and assigning it to individuals are tasks related to
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organizing
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June and Jerry have just finished interviewing four candidates who want to work for Jack's Office Supply, Inc. They are involved in which of the following management functions?
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staffing
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giving people incentives to achieve objectives relates to the management function of
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directing
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when harold pointed out to his supervisor that the furniture assemblers at their manufacturing plant were using 20 percent more nails than in the preceding month, he was involved in
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controlling
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The first step in the control process is to
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measure the actual performance
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decisions regarding adding new products, acquiring companies, and moving into foreign markets would most typically be made by
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top management
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___ are responsible for tactical planning that will implement the general guidelines established by top management.
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middle managers
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___ are responsible for tactical planning that will implement the general guidelines established by top management.
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middle managers
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Production and operations managers are concerned with
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transforming resources into products
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a person in charge of designing production facilities, purchasing supplies, and ensuring that products meet quality standards is probably a
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production and operations manager
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the development of a performance-appraisal system is primarily the concern of
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human resources management
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developing and monitoring advertising and promotion efforts of a company would most likely involve the ___managers.
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marketing
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Jayden has been put in charge of a group of new employees. He has told them they must perform their duties in the exact manner and order that he has commanded, with no exceptions. Jayden is using
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autocratic leadership
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When melissa allows her employees to do their work with little interference, her leadership style is
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free rein
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Michael met with all of his department heads to listen to their opinions about buying a new machine. Although they all thought is was a good idea, Michael did not buy the machine because his employees did not think it necessary. Michael's leadership style is
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democratic
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having good human relations skills means that a manager is able to
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work with others
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when assessing the appropriateness of a decision option managers should
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consider its impact on the organization as a whole
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after monitoring the consequences of a decision, management determines that the decision failed to accomplish the desired result. Which of the following is not a possible reason for this failure?
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the mathematical management formula was flawed
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managers at tidalwave inc. have recognized declining sales on their ABC model product and must make a decision about what to do. Their next step is to
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define the situation
