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MNGT 3100 CHAPTER 1 QUESTIONS WITH CORRECT ANSWERS

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MNGT 3100 CHAPTER 1 QUESTIONS WITH CORRECT ANSWERS

Institution
MNGT 3100
Course
MNGT 3100

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performed a study of 5 CEOs and captured data through a technique called
structured observation to determine what makes some managers more effective than
others


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Henry Mintzberg




condition or circumstance that puts a company in a favorable or superior business
position


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competitive advantage

,Types of managers


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Top
Functional
Divisional (Product)




continue working for an organization because you agree with it and desired to remain
there "staying because you want to"


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affective commitment




process of enabling or authorizing an individual to think, behave, take action, and
control work and decision making in autonomous ways


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empowerment




functions of managment


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, POLC framework:
Planning
Organizing
Leading
Controlling




involves analyzing competitive opportunities and threats, as well as the strengths and
weaknesses of the organization, and then determining how to position the
organization to compete effectively in their environment. long term


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strategic planning




contemporary roles of managment


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top - support personnel development and ensure employability

lower level - empowered, responsible for the organization's
competitiveness and their own development




generally assumes the existence of organization-wide or subunit goals and objectives
and specifies ways to achieve them. short-range (less than a year) planning that is
designed to develop specific action steps that support the strategic and tactical
plans.


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Institution
MNGT 3100
Course
MNGT 3100

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