Exam
MNGT 3100 Final Exam 2025 – 350 Real
Exam Prep Questions and Correct Answers
/ Management Final Exam / MNGT 3100
Final Exam Practice Test (Correctly
Answered Questions)
Planning typically starts with a(n) _____.
a) marketing strategy
b) financial objective
c) vision and a mission
d) tactical strategy
e) sales target - Correct Answer :vision and a mission
Which of the following elements is characterized by shortest time horizon and highest
functional specificity?
a) Corporate vision
b) Strategic goals
c) Corporate mission
d) Strategic objectives
e) Operating goals - Correct Answer :Operating goals
Which of the following is most likely to be a primary function of leadership?
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a) Recruitment
b) Appraisal
c) Goal setting
d) Training
e) Sales - Correct Answer :goal setting
Which of the following statements is true regarding management by objectives (MBO)?
a) The concept of MBO was first outlined by Michel Porter.
b) To be effective MBO managers should focus on activity not result.
c) MBO aims to increase organizational performance by aligning the subordinate objectives
throughout the organization with the overall goals set by management.
d) MBO does not include ongoing tracking and feedback in the process to reach objectives.
e) An effective MBO system typically has several broad goals. - Correct Answer :MBO aims to
increase organizational performance by aligning the subordinate objectives throughout the
organization with the overall goals set by management.
Management by objectives (MBO) was first outlined by _____ in 1954 in The Practice of
Management.
a) Michel Porter
b) Henry Mintzberg
c) Henry Fayol
d) Abraham Maslow
e) Peter Drucker - Correct Answer :Peter drucker
The focus on talent management has intensified in the last few years due to all of the
following factors EXCEPT
a. decline in the proportion of the population aged 35 to 44.
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b. fewer numbers of young people entering the labor market in Europe.
c. inadequate skills of new college graduates.
d. the obsolescence of baby boomers' skills. - Correct Answer :D
_____________is a process that moves people from recruiting and selection through the
organization to meet the employer's need for talent.
a. HR planning
b. Training and development
c. The HR flow process
d. Talent management - Correct Answer :D
Talent management includes all of the following HR activities EXCEPT
a. training.
b. job design.
c. career planning.
d. performance management. - Correct Answer :B
When succession plans are developed for CEOs and senior managers, HR needs major
involvement from
a. leadership consultants.
b. headhunting firms.
c. outside search committees.
d. top executives and members of the board of directors. - Correct Answer :D
The first step in the succession planning process is to
a. decide whether to "make" or to "buy" talent.
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Exam
b. identify key employees and their anticipated retirement dates.
c. define the positions that are critical to the organization's strategy.
d. assess the capabilities of current employees. - Correct Answer :C
A law that has impacted succession planning for CEOs is
a. HIPAA.
b. the Sarbanes-Oxley Act.
c. ERISA.
d. the Congressional Accountability Act. - Correct Answer :B
All of the following are common mistakes in succession planning EXCEPT
a. focusing succession planning only on the CEO and top executives.
b. relying excessively on hiring external candidates.
c. allowing the CEO to make all succession plan decisions.
d. not linking succession planning to strategic plans. - Correct Answer :B
Individual-centered career planning focuses on
a. the logical progression of people through jobs in an organization.
b. the organization's long-term staffing needs.
c. succession planning for key positions.
d. the employee's personal characteristics and his/her life and work goals. - Correct Answer
:D
Which of the following is TRUE?
a. Modern careers are cyclical in that individuals will have periods of stability interrupted by
periods of transition.
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