MGT TEST PRACTICE QUESTIONS AND
ANSWERS 100% PASS
Which of the following are examples of Kelley's "star strategies"?
A. Reflectiveness
B. Self-control
C. Focus
D. Show and tell
E. Cooperation - ANSWER ✔✔-Show and tell
The pursuit of organizational goals efficiently and effectively by integrating the work of people
through planning, organizing, leading, and controlling the organization's resources is called
A. employment.
B. management.
C. career planning.
D. competitive advantage.
E. strategic planning. - ANSWER ✔✔-management
A group of people who work together to achieve some specific purpose is/are called
A. managers.
B. employees.
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C. a team.
D. an organization.
E. a community. - ANSWER ✔✔-an organization
To be _____________ means to use resources wisely and cost-effectively.
A. efficient
B. effective
C. multiplied
D. ethical
E. innovative - ANSWER ✔✔-efficient
To be ______________ means to make the right decisions and successfully carry them out to achieve goals.
A. efficient
B. effective
C. multiplied
D. ethical
E. innovative - ANSWER ✔✔-effective
The _________ effect states that your influence on the organization is multiplied far beyond the results
that can be achieved by just one person acting alone.
A. organization
B. managerial
C. multiplier
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D. halo
E. Hawthorne - ANSWER ✔✔-multiplier
According to a recent Fortune magazine article, The scarcest, most valuable resource in business is
A. a highly stable technology.
B. a young workforce.
C. skilled effective managers.
D. financial capital.
E. government support. - ANSWER ✔✔-skilled effective managers
Which of the following is a payoff of studying management as a discipline?
A. You will understand how to choose target markets.
B. You will understand how to relate to your family much better.
C. You will understand how to market the organization.
D. You will understand how to advance your career quickly.
E. You will understand how to manage yourself in the workplace. - ANSWER ✔✔-You will understand
how to manage yourself in the workplace
Which of the following is a reward for practicing management?
A. You can build a catalog of successful products or services.
B. You and your employees can experience a sense of accomplishment.
C. You can stretch your abilities and magnify your range
D. You can be rewarded money and status for your efforts
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E. All of the above are rewards of being a manager. - ANSWER ✔✔-All of the above are rewards of being
a manager
Which of the following is a challenge facing managers?
A. staying ahead of competitors through replication
B. managing to achieve the manager's own happiness and life goals
C. remembering what worked in the past
D. dealing with accelerated decision making, conflict, and stress
E. collaborating with competitors - ANSWER ✔✔-managing to achieve the manager's own happiness &
life goals
The ability of an organization to produce goods or services better than its competitors is called its
A. customer responsiveness.
B. core competency.
C. competitive advantage.
D. efficiency.
E. effectiveness. - ANSWER ✔✔-competitive advantage
The first law of business is
A. take care of the customer.
B. take care of your employees.
C. take care of your stockholders.
D. take care of the community.
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