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AFM 131 MODULE 10: MANAGEMENT AND LEADERSHIP EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++

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AFM 131 MODULE 10: MANAGEMENT AND LEADERSHIP EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ In today's business environment, the general trend has been toward developing long term relationships between workers and employers. False Every business has scarce resources true Planning is one of the four key functions of management True Financing is one of the four key functions of management False Four key functions of management Planning Organizing Leading Controlling Planning setting goals strategies to reach theses goals determining resources needed setting standards Organizing allocation of resources, assigning tasks -preparing structure, #authority Leading #guiding #motivating #assigning #explining Controlling #measuring_results #monitoring #rewarding #correcting Beth has spent the last two hours going over some consumer surveys to see how well her company is achieving its goal. Her efforts are examples of the controlling function True Astro is a no-nonsense boss who believes that the best way for an organization to achieve its goals is for workers to follow their boss' orders. Thus, he tells workers exactly what to do and how to do it. Astro's approach is an example of directing. True A vision is the overall explanation of why an organization exists and where it is trying to head

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AFM 131 MODULE 10: MANAGEMENT AND LEADERSHIP EXAM

QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS

GRADED A++


In today's business environment, the general trend has been toward developing

long term relationships between workers and employers.

False

Every business has scarce resources

true

Planning is one of the four key functions of management

True

Financing is one of the four key functions of management

False

Four key functions of management

Planning

Organizing

Leading Controlling

Planning

setting goals

strategies to reach theses goals

determining resources needed

setting standards

, Organizing

allocation of resources, assigning tasks

-preparing structure, #authority

Leading

#guiding #motivating

#assigning #explining

Controlling

#measuring_results

#monitoring

#rewarding

#correcting

Beth has spent the last two hours going over some consumer surveys to see how

well her company is achieving its goal. Her efforts are examples of the controlling

function

True

Astro is a no-nonsense boss who believes that the best way for an organization

to achieve its goals is for workers to follow

their boss' orders. Thus, he tells workers exactly what to do and how to do it.

Astro's approach is an example of directing.

True

A vision is the overall explanation of why an organization exists and where it is

trying to head

Truw

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Uploaded on
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