Principles of Management Exam 1
(Chapters 1-4)-Graded A
young, well-educated - ANSWER-A large number of managers especially the ----, -----
------ ones perform significantly below their potential
Management - ANSWER-is defined as the efficient and effective pursuit of
organizational goals
multiplier effect - ANSWER-Good managers have an influence on the organization far
beyond the results that can be achieved by one person acting alone. Managers are well
paid, with the chief executive officers (CEOs) and presidents of even small and midsize
businesses earning good salaries and many benefits.
organization - ANSWER-A group of people who work together to achieve some specific
purpose
B) organization. - ANSWER-At Polly's restaurant 'Polly and Rice, employees work
together to achieve the company's goals and purposes. Polly's 'Polly and Rice is a(n)
A) ad hoc team.
B) organization.
C) visionary.
D) user of stretch goals.
Management is defined as - ANSWER-1. The pursuit of organizational goals efficiently
and effectively by
2. Integrating the work of people through
3. Planning, organizing, leading, and controlling the organization's resources
efficient - ANSWER-means to use resources—people, money, raw materials, and the
like—wisely and cost-effectively.
effective - ANSWER-means to achieve results, to make the right decisions and to
successfully carry them out so that they achieve the organization's goals.
Rewards of Studying Management - ANSWER-1) You will understand how to deal with
organizations from the outside
2) You will understand how to relate to your supervisors
3) You will understand how to interact with coworkers
4) You will understand how to manage yourself in the workplace
, Rewards of Practicing Management - ANSWER-1. You and your employees can
experience a sense of accomplishment
2. You can stretch your abilities and magnify your range
3. You can build a catalog of successful products or services
4. You can become a mentor and help others
What managers do - ANSWER-planning, organizing, leading, controlling
planning: you set goals and decide how to achieve them
organizing: you arrange tasks, people, and other resources to accomplish the work
leading: you motivate, direct, and otherwise influence people to work hard to achieve
the organization's goals
controlling: you monitor performance, compare it with goals, and take corrective action
as needed
C. controlling - ANSWER-Laura runs a sales and expense report at the end of each
work day. Which management function is she performing?
A. leading
B. organizing
C. controlling
D. planning
four levels of managers - ANSWER-1. Top-level manager
2. Middle-level manager
3. Firstline manager
4. Team leader
general, functional - ANSWER-Managers may also be ---- managers, or they may be
----managers, responsible for just one organizational activity, such as research &
development (R&D), marketing, finance, production, or human resources. Managers
may work for for-profit, nonprofit, or mutual-benefit organizations.
Levels and Areas of Management - ANSWER-1. top managers
2. middle managers
3. first-line managers
4. non managerial personnel: R&D, Marketing, Finance, Production, Human resources
Perceived Organizational Support (POS) - ANSWER-- The degree to which employees
perceive that their organization values their contributions and cares about their well-
being.
- Examples include:
- Organization is willing to help me when I need a special favor.
- Organization values/appreciates any extra effort from employee.
(Chapters 1-4)-Graded A
young, well-educated - ANSWER-A large number of managers especially the ----, -----
------ ones perform significantly below their potential
Management - ANSWER-is defined as the efficient and effective pursuit of
organizational goals
multiplier effect - ANSWER-Good managers have an influence on the organization far
beyond the results that can be achieved by one person acting alone. Managers are well
paid, with the chief executive officers (CEOs) and presidents of even small and midsize
businesses earning good salaries and many benefits.
organization - ANSWER-A group of people who work together to achieve some specific
purpose
B) organization. - ANSWER-At Polly's restaurant 'Polly and Rice, employees work
together to achieve the company's goals and purposes. Polly's 'Polly and Rice is a(n)
A) ad hoc team.
B) organization.
C) visionary.
D) user of stretch goals.
Management is defined as - ANSWER-1. The pursuit of organizational goals efficiently
and effectively by
2. Integrating the work of people through
3. Planning, organizing, leading, and controlling the organization's resources
efficient - ANSWER-means to use resources—people, money, raw materials, and the
like—wisely and cost-effectively.
effective - ANSWER-means to achieve results, to make the right decisions and to
successfully carry them out so that they achieve the organization's goals.
Rewards of Studying Management - ANSWER-1) You will understand how to deal with
organizations from the outside
2) You will understand how to relate to your supervisors
3) You will understand how to interact with coworkers
4) You will understand how to manage yourself in the workplace
, Rewards of Practicing Management - ANSWER-1. You and your employees can
experience a sense of accomplishment
2. You can stretch your abilities and magnify your range
3. You can build a catalog of successful products or services
4. You can become a mentor and help others
What managers do - ANSWER-planning, organizing, leading, controlling
planning: you set goals and decide how to achieve them
organizing: you arrange tasks, people, and other resources to accomplish the work
leading: you motivate, direct, and otherwise influence people to work hard to achieve
the organization's goals
controlling: you monitor performance, compare it with goals, and take corrective action
as needed
C. controlling - ANSWER-Laura runs a sales and expense report at the end of each
work day. Which management function is she performing?
A. leading
B. organizing
C. controlling
D. planning
four levels of managers - ANSWER-1. Top-level manager
2. Middle-level manager
3. Firstline manager
4. Team leader
general, functional - ANSWER-Managers may also be ---- managers, or they may be
----managers, responsible for just one organizational activity, such as research &
development (R&D), marketing, finance, production, or human resources. Managers
may work for for-profit, nonprofit, or mutual-benefit organizations.
Levels and Areas of Management - ANSWER-1. top managers
2. middle managers
3. first-line managers
4. non managerial personnel: R&D, Marketing, Finance, Production, Human resources
Perceived Organizational Support (POS) - ANSWER-- The degree to which employees
perceive that their organization values their contributions and cares about their well-
being.
- Examples include:
- Organization is willing to help me when I need a special favor.
- Organization values/appreciates any extra effort from employee.
