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MGMT 3001 Exam 1 Questions with Correct Answers Latest Update

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MGMT 3001 Exam 1 Questions with Correct Answers Latest Update Definition of Management - Answers The pursuit of organization goals efficiently and effective by integrating the work of people through planning, organizing, leading, and controlling the organizations resources four key management responsibilities - Answers planning, organizing, leading, and controlling (the organizations resources) The concept of organizational performance including efficiency and effectiveness and the difference between the two - Answers Attainment of organizational goals in an efficient and effective manner. Efficiency- use of minimal resources to produce the desired volume of output. Effectiveness - degree to which organization achieves a stated goal. The seven challenges to being an exceptional manager - Answers 1. managing for competitive advantage 2. Managing for diversity 3. Managing for globalization 4. Managing for information technology 5. Managing for ethical standards 6. Managing for sustainability 7. Managing for your own happiness and life goals The concepts underlying the difference in managerial requirements at different levels within the organizational hierarchy - Answers First-line managers: Functional Head (production, sales, MIS, accounting supervisor) Middle Managers: Department Manager (Product Line or Service Manager, Information Services Manager) & Business Unit Head (general manager, administrator) Top Managers: Corporate or Group Head, Vice President of Administration, & CEO The concept of transition management for the manager and the three critical dimensions that a person must manage effectively to be successful at a given level of the organizational hierarchy - Answers 1. The person's concept of his or her role 2. The skills demanded by the role 3. Certain attitudes or psychological factors The three categories of leadership roles .. - Answers 1. Interpersonal roles 2. Informational roles 3. Decisional roles .. the roles within each category (leadership roles) and their meaning - Answers 1. Interpersonal roles Managers interact with people inside and outside their work units • Figurehead, leader, liaison .. the roles within each category (leadership roles) and their meaning - Answers 2. Informational roles Managers receive and communicate information • Monitor, disseminator, spokesperson .. the roles within each category (leadership roles) and their meaning - Answers 3. Decisional roles Managers use information to make decisions to solve problems or take advantage of opportunities • Entrepreneur, disturbance handler, resource allocator, negotiator The four levels of skills plus transition management skills that managers must develop over their careers in order to be effective from the bottom to the top levels of the organization - Answers (in order of development): 1. Core management skills 2. Operational management skills (day to day) 3. Organizational management skills (multi-level) 4. Organizational development skills (organizational) Plus one for every level: 5. Transition management skills The transition in management skill emphasis as one progresses upwards in management - Answers Conceptual Skills - the ability to think analytically, to visualize an organization as a whole and understand how the parts work together Human Skills - the ability to work well in cooperate with other people to get things done Technical Skills - the job-specific knowledge needed to perform well in a specialized field The concept of evidence based management (Pfeffer and Sutton) - Answers translating principles based on best evidence into organizational practice, bringing rationality to the decision making process The two overarching perspectives about management - Answers Historical perspective: classical, behavioral, quantitative Contemporary perspective: systems, contingency, quality-management The classical viewpoint - Answers emphasis on ways to manage more work efficiency The definition of Scientific Management, its underlying principles, Taylor & Gilbreths - Answers Emphasized the scientific study of work methods to improve the productivity of individual workers principles: -Scientifically study each part of the task -Carefully select workers with the right abilities -Give workers the training and incentives to do the task -Use scientific principles to plan the work methods The definition of Administrative Management, Henry Fayol - Answers Concerned

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MGMT 3001 Exam 1 Questions with Correct Answers Latest Update 2025-2026

Definition of Management - Answers The pursuit of organization goals efficiently and effective
by integrating the work of people through planning, organizing, leading, and controlling the
organizations resources

four key management responsibilities - Answers planning, organizing, leading, and controlling
(the organizations resources)

The concept of organizational performance including efficiency and effectiveness and the
difference between the two - Answers Attainment of organizational goals in an efficient and
effective manner. Efficiency- use of minimal resources to produce the desired volume of output.
Effectiveness - degree to which organization achieves a stated goal.

The seven challenges to being an exceptional manager - Answers 1. managing for competitive
advantage

2. Managing for diversity

3. Managing for globalization

4. Managing for information technology

5. Managing for ethical standards

6. Managing for sustainability

7. Managing for your own happiness and life goals

The concepts underlying the difference in managerial requirements at different levels within the
organizational hierarchy - Answers First-line managers: Functional Head (production, sales, MIS,
accounting supervisor)

Middle Managers: Department Manager (Product Line or Service Manager, Information Services
Manager) & Business Unit Head (general manager, administrator)

Top Managers:

Corporate or Group Head, Vice President of Administration, & CEO

The concept of transition management for the manager and the three critical dimensions that a
person must manage effectively to be successful at a given level of the organizational hierarchy
- Answers 1. The person's concept of his or her role

2. The skills demanded by the role

3. Certain attitudes or psychological factors

,The three categories of leadership roles .. - Answers 1. Interpersonal roles

2. Informational roles

3. Decisional roles

.. the roles within each category (leadership roles) and their meaning - Answers 1. Interpersonal
roles

Managers interact with people inside and outside their work units

• Figurehead, leader, liaison

.. the roles within each category (leadership roles) and their meaning - Answers 2. Informational
roles

Managers receive and communicate information

• Monitor, disseminator, spokesperson

.. the roles within each category (leadership roles) and their meaning - Answers 3. Decisional
roles

Managers use information to make decisions to solve problems

or take advantage of opportunities

• Entrepreneur, disturbance handler, resource allocator,

negotiator

The four levels of skills plus transition management skills that managers must develop over
their careers in order to be effective from the bottom to the top levels of the organization -
Answers (in order of development):

1. Core management skills

2. Operational management skills (day to day)

3. Organizational management skills (multi-level)

4. Organizational development skills (organizational)

Plus one for every level:

5. Transition management skills

The transition in management skill emphasis as one progresses upwards in management -
Answers Conceptual Skills - the ability to think analytically, to visualize an organization as a

, whole and understand how the parts work together



Human Skills - the ability to work well in cooperate with other people to get things done



Technical Skills - the job-specific knowledge needed to perform well in a specialized field

The concept of evidence based management (Pfeffer and Sutton) - Answers translating
principles based on best evidence into organizational practice, bringing rationality to the

decision making process

The two overarching perspectives about management - Answers Historical perspective:
classical, behavioral, quantitative

Contemporary perspective: systems, contingency, quality-management

The classical viewpoint - Answers emphasis on ways to manage more work efficiency

The definition of Scientific Management, its underlying principles, Taylor & Gilbreths - Answers
Emphasized the scientific study of work methods to

improve the productivity of individual workers

principles:

-Scientifically study each part of the task

-Carefully select workers with the right abilities

-Give workers the training and incentives to do the task

-Use scientific principles to plan the work methods

The definition of Administrative Management, Henry Fayol - Answers Concerned with managing
the total organization

Henry Fayol:

first to identify the major functions of management... planning, leading, organizing, controlling

The concept of Bureaucracy and Max Weber - Answers Max Weber believed that a bureaucracy
was a

rational, efficient, ideal organization based on the

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