Unit 1 - Managing and Performing Flashcards
Which statement best characterizes the skillset of effective managers?
They are able to multitask and perform many different functions in a short time span.
Most of a manager’s work is:
Informal and unscheduled.
Which activity do managers spend most of their time doing?
Speaking with and listening to others.
What are the three interpersonal manager roles?
Figurehead, Leader, Liaison.
Resource allocation is a function falling under the __________.
Decisional role
Strategic planning is often a key activity for managers that:
Occupy executive level positions.
To attract, train, motivate, retain, and promote good people, managers must:
act as mentors.
Monitoring business indicators such as business cycles or returns on equity or investment is a management activity called __________.
environmental scanning