Question 1

How do top managers differ from first-line managers?

Accepted Answer

Top managers (the president and other to...

Question 2

All managers perform all five management functions but not to the same degree.

Accepted Answer

A) True 
 B)False

Question 3

Analytical skills involve the ability to think creatively.

Accepted Answer

A) True 
 B)False

Question 4

Organizations must have adequate supplies of all types of ________ and coordinate their use carefully to achieve their objectives.

Accepted Answer

A)   knowledge
B)   resources
C)   suppliers
D)   laws
E)   products

Question 5

What are the resources essential to every organization?

Accepted Answer

Every organization must acquire resource...

Question 6

Why is monitoring the consequences of decisions important?

Accepted Answer

A)   The consequences of decisions may not be apparent quickly enough without monitoring
B)   It is the logical step after implementing the decision
C)   It provides a financial barometer of how expensive decisions are
D)   Shareholders like to see monitoring of decision on annual reports
E)   Monitoring is not important and it is expensive

Question 7

_____ make decisions about the use of an organization's resources and are concerned with planning,organizing,leading,and controlling the organization's activities.

Accepted Answer

A)   Managers
B)   Shareholders
C)   Employees
D)   Consumers
E)   Suppliers

Question 8

Having analytical skills means that a manager is able to do all of the following except

Accepted Answer

A)   identify relevant issues and their importance.
B)   understand the relationships between issues.
C)   think logically.
D)   analyze the underlying causes of a problem.
E)   think in abstract terms.

Question 9

Once a situation has been recognized,management must define it.

Accepted Answer

A) True 
 B)False

Question 10

When making a decision,selecting the best option is an objective procedure.

Accepted Answer

A) True 
 B)False

Question 11

Managers engage in planning,organizing,staffing,directing,and controlling.

Accepted Answer

A) True 
 B)False

Question 12

Human relations skills are highly important for managers.

Accepted Answer

A) True 
 B)False

Question 13

_____ are responsible for tactical planning that will implement the general guidelines established by top management.

Accepted Answer

A)   CEOs
B)   Middle managers
C)   Top managers
D)   First-line supervisors
E)   Office managers

Question 14

To train employees,answer questions,and provide guidance in doing a task,managers need

Accepted Answer

A)   technical expertise.
B)   conceptual skills.
C)   analytical skills.
D)   leadership skills.
E)   creative skills.

Question 15

Evaluate Infinity's current situation and analyze its strengths and weaknesses.

Accepted Answer

Infinity's strengths include the competi...

Question 16

The decision to introduce new products in order to reach objectives is often a key management duty.

Accepted Answer

A) True 
 B)False

Question 17

Crisis management plans generally cover maintaining business operations during a crisis and

Accepted Answer

A)   firing those responsible for the crisis.
B)   avoiding responsibility for the crisis in the media.
C)   communicating with others about the situation and the company's response to it.
D)   preventing the situations from occurring in the first place.
E)   establishing long-range objectives.

Question 18

Although managers may not actually perform the specific jobs within organizations,they need the technical expertise required to performed jobs related to their area of management in order to train employees and answer questions.

Accepted Answer

A) True 
 B)False

Question 19

What are some of the skills needed by managers?

Accepted Answer

Skills needed by managers incl...

Question 20

Management takes place only in business settings.

Accepted Answer

A) True 
 B)False

Exam 6: The Nature of Management

All managers perform all five management functions but not to the same degree.

Correct AnswerverifiedShow Answer

Human relations skills are highly important for managers.

Correct AnswerverifiedShow Answer

The decision to introduce new products in order to reach objectives is often a key management duty.

Correct AnswerverifiedShow Answer

Crisis management plans generally cover maintaining business operations during a crisis and

Correct AnswerverifiedShow Answer

Management takes place only in business settings.

Correct AnswerverifiedShow Answer

To train employees,answer questions,and provide guidance in doing a task,managers need

Correct AnswerverifiedShow Answer

Although managers may not actually perform the specific jobs within organizations,they need the technical expertise required to performed jobs related to their area of management in order to train employees and answer questions.

Correct AnswerverifiedShow Answer

Once a situation has been recognized,management must define it.

Correct AnswerverifiedShow Answer

Organizations must have adequate supplies of all types of ________ and coordinate their use carefully to achieve their objectives.

Correct AnswerverifiedShow Answer

_____ are responsible for tactical planning that will implement the general guidelines established by top management.

Correct AnswerverifiedShow Answer

What are the resources essential to every organization?

Correct AnswerverifiedEvery organization must acquire resource...View AnswerShow Answer

_____ make decisions about the use of an organization's resources and are concerned with planning,organizing,leading,and controlling the organization's activities.

Correct AnswerverifiedShow Answer

Managers engage in planning,organizing,staffing,directing,and controlling.

Correct AnswerverifiedShow Answer

Analytical skills involve the ability to think creatively.

Correct AnswerverifiedShow Answer

What are some of the skills needed by managers?

Correct AnswerverifiedSkills needed by managers incl...View AnswerShow Answer

How do top managers differ from first-line managers?

Correct AnswerverifiedTop managers (the president and other to...View AnswerShow Answer

Why is monitoring the consequences of decisions important?

Correct AnswerverifiedShow Answer

Having analytical skills means that a manager is able to do all of the following except

Correct AnswerverifiedShow Answer

Evaluate Infinity's current situation and analyze its strengths and weaknesses.

Correct AnswerverifiedInfinity's strengths include the competi...View AnswerShow Answer

When making a decision,selecting the best option is an objective procedure.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Every organization must acquire resource...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Skills needed by managers incl...
View Answer

Correct Answer
verified
Top managers (the president and other to...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Infinity's strengths include the competi...
View Answer

Correct Answer
verified