Foundations of Management Flashcards
Which term best describes the process of obtaining, deploying, and utilizing a variety of essential resources to contribute to an organization’s success?
A) planning
B) organizing
C) staffing
D) management
D) management
Which title is given to an individual who is in charge of and coordinates the activities of a group of employees engaged in related activities within a unit of an organization?
A) manager
B) employee
C) vender
D) contractor
A) manager
Which management function involves setting goals and objectives and creating specific plans for completing them?
A) planning
B) organizing
C) controlling
D) leading
A) planning
Which level of management is responsible for establishing a vision for the organization, developing broad plans and strategies, and directing subordinate managers?
A) first level managers
B) middle managers
C) executive managers
D) second level managers
C) executive managers
Which level of management is responsible for implementing programs that are intended to carry out the broader objectives of an organization set by executives?
A) supervisory managers
B) middle managers
C) first level managers
D) chief financial managers
B) middle managers
Which management principle states that each individual should report to only one boss in order to avoid conflict and/ or confusion?
A) division of command
B) chain of command
C) unity of direction
D) unity of command
D) unity of command
Which management principle states that orders and instructions should flow down from top to bottom or from a higher level manager to a lower one?
A) division of work
B) chain of command
C) unity of direction
D) unity of command
B) chain of command
A manager who possesses knowledge of the processes, equipment, and potential problems of an industry would possess what type of managerial skill?
A) technical
B) administrative
C) interpersonal
D) organizational
A) technical
The ability of a manager to interface and work effectively with individuals and groups is descriptive of what type of managerial skill?
A) technical
B) administrative
C) interpersonal
D) organizational
C) interpersonal
By exceeding the monthly marketing budget set for a company, a manager would fail to meet which type of performance measure?
A) quantity
B) quality and workmanship
C) cost and budget control
D) customer satisfaction
C) cost and budget control
If a manager leads a team to exceed their monthly goal of new clients, which type of performance results have they attained?
A) quantity
B) quality and workmanship
C) cost and budget control
D) customer satisfaction
A) quantity
For a manager, which should take priority- the job task or the employees performing the job?
A) The job task always takes priority over employees.
B) Employees always take priority over the job task.
C) Neither, a manager should balance interest in the job task with the needs of the employees performing the job.
D) Neither, administration of the business takes priority over the job task and the employees.
C) Neither, a manager should balance interest in the job task with the needs of the employees performing the job.
Economic uncertainty, regulatory requirements, and new competitors are examples of what type of factors that affect managers?
A) intrapersonal factors
B) internal factors
C) interpersonal factors
D) external factors
D) external factors
Which management function involves measuring results, comparing results to expectations, and taking corrective action?
A) planning
B) organizing
C) leading
D) controlling
D) controlling
Which type of issues are first level managers routinely influenced by?
A) long range issues
B) short range issues
C) strategic issues
D) shareholder issues
B) short range issues
Which of the following characterize a manager as being effective?
A) They use a minimum amount of resources for the amount of outputs produced.
B) They devote a large amount of time to planning.
C) They achieve their goals.
D) They interview, select, and train people who are most suitable to fill open jobs.
C) They achieve their goals.
Which of the following characterize a manager as being efficient?
A) They use a minimum amount of resources for the amount of outputs produced.
B) The devote a large amount of time to planning
C) They achieve their goals.
D) They interview, select, and train people who are most suitable to fill open jobs.
D) They interview, select, and train people who are most suitable to fill open jobs.