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PRINCIPLES OF MANAGEMENT FINAL EXAM ACTUAL QUESTIONS AND ANSWERS RATED

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PRINCIPLES OF MANAGEMENT FINAL EXAM ACTUAL QUESTIONS AND ANSWERS RATED

Instelling
Principles Of Management
Vak
Principles of Management

Voorbeeld van de inhoud

PRINCIPLES OF MANAGEMENT FINAL EXAM ACTUAL
QUESTIONS AND ANSWERS RATED A+
✔✔Leading - ✔✔Determine decision, state a clear vision for employees to follow and
help employees understand the role they play in attaining goals.

✔✔Leading involves using power, influence, vision, persuasion, and communication
skills. - ✔✔The outcome of good leading is a high level of motivation and commitment
from employees to the organization.

✔✔Controlling - ✔✔Evaluate how well the organization is achieving its goals and takes
corrective action to improve performance.

✔✔Controlling monitors individuals, departments, and the organization to determine if
desired performance has been reached. - ✔✔Managers will also take action to increase
performance as required.

✔✔The outcome of controlling is: - ✔✔accurate measurement of performance and
regulation of efficiency and effectiveness.

✔✔Management Trends (5): - ✔✔1. Empowerment
2. Self-Managed Teams
3. Restructuring
4. Downsizing
5. Outsourcing

✔✔Empowerment - ✔✔expand the tasks and responsibilities of workers.

✔✔Example: supervisors might be empowered to make some resource allocation
decisions. - ✔✔Empowerment

✔✔Self-Managed Teams - ✔✔give a group of employees responsibility for supervising
their own actions.

✔✔Example: The team can monitor its members and the quality of the work performed.
- ✔✔Self-Managed Teams

✔✔Restructuring - ✔✔Top managers have sought methods to restructure their
organizations and save costs.

✔✔Downsizing - ✔✔eliminate jobs at all levels of management

✔✔Examples:
-can lead to higher efficiency

, -often results in low morale and customer complaints about service - ✔✔Downsizing
effects

✔✔Outsourcing - ✔✔contracting with outside vendors for perform all or selected
portions of work.

✔✔Managerial Roles: - ✔✔Many managers perform these roles are various times
during their career.

✔✔Who described Managerial Roles? - ✔✔Mintzberg

✔✔What are Managerial Roles? - ✔✔A role is a set of specific tasks a person performs
because of the position they hold.

✔✔Roles are directed ____ as well as ____ the organization. - ✔✔inside and outside

✔✔There are (3) broad role categories: - ✔✔1. Interpersonal (3)
2. Informational (3)
3. Decisional (4)

✔✔Interpersonal Roles - ✔✔Roles managers assume to coordinate and interact with
employees and provide direction to the organization.

✔✔Interpersonal Roles (3) - ✔✔1. Figurehead
2. Leader
3. Liaison

✔✔Figurehead - ✔✔symbolized the organization and what it is trying to achieve.

✔✔Leader - ✔✔train, counsel, mentor and encourage high employee performance.

✔✔Liason - ✔✔link and coordinate people inside and outside the organization to help
achieve goals.

✔✔Informational Roles - ✔✔Associated with the tasks needed to obtain and transmit
information for management of the organization.

✔✔Informational Roles (3) - ✔✔1. Monitor
2. Disseminator
3. Spokesperson

✔✔Decisional Roles - ✔✔Associated with the methods managers use to plan strategy
and utilize resources to achieve goals.

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