MNGMEnt Test Questions and Complete Solutions Graded A+

MNGMENT TEST QUESTIONS
AND COMPLETE SOLUTIONS
GRADED A+




Your Exam Plug


, Management - Answer: The process of accomplishing the goals of an organization through the effective
use of people and other resources.



Efficient - Answer: the means



Effectiveness - Answer: the ends



E-commerce - Answer: the buying and selling of goods over the internet



Competitive advantage - Answer: an advantage over competitors gained by offering greater customer
value, either by having lower prices or providing more benefits that justify higher prices



Functions of Managers - Answer: Plan

Lead

Organize

Control



Types of Managers - Answer: Top - overall direction

Middle - Implements policies

Front Line - daily tasks

Team leads - assists others



Evidence Based Management - Answer: the basing of managerial decisions on the best available
scientific evidence



Frank and Lillian Gilbreth - Answer: Employed motion study to simplify work and improve productivity



Abraham Maslow - Answer: Humanistic psychologist known for his "Hierarchy of Needs" and the
concept of "self-actualization"