Exam 1: The Management Process Today

Low efficiency/high effectiveness situations arise when managers choose the

Simplifying, shrinking, or downsizing an organization's operations to lower operating costs is known as

Egg Head, Inc., is facing financial problems. In order to tackle the situation, the management has decided to reduce the number of middle managers by 20 percent to help them cut costs. This is an example of

When a manager lays out the lines of authority and responsibility among different individuals and groups, the manager is

The company for which Maria works has announced that due to declining global sales, it will lay off 12 percent of its labor force. This is an example of

The outcome of organizing is the creation of a strategy.

Which of the following is an accurate definition of a self-managed team?

Novak is a CEO who wants to significantly improve the skills of his work force in many areas. Which of the following would he most likely endorse?

In what order do managers typically perform the managerial functions?

An organization's vision is a short, succinct, and inspiring statement of what the organization intends to become and the goals it is seeking to achieve.

Explain the term "strategy," and give an example.

Explain effectiveness. When is an organization said to be effective? Give two examples.

A short, succinct, and inspiring statement of what the organization intends to become is an organization's

Contracting with another company, usually in a low-cost country abroad, to have it perform a work activity the organization previously performed itself is known as

Which of the following management techniques involves giving employees more authority and responsibility over how they perform their work activities?

Misaki is a middle manager. Considering this, which of the following would she most likely do?

Managers at all levels and in all departments are responsible for planning, organizing, leading, and controlling.

Mi Jin is writing a newspaper article about the day-to-day running of a baseball team. For this report, she interviews people who do a wide variety of jobs. Which of the following jobs would Mi Jin describe in her article as showing technical skill?

A measure of how productively resources are used to achieve a goal is known as

The process of structuring working relationships so that organizational members interact and cooperate to achieve organizational goals is known as