Question 1

Describe 'SMART' goals with an example.

Accepted Answer

Business people are often advised to make their goals and objectives "SMART," as in specific,measurable,attainable,relevant,and time limited.For example,"substantially increase our sales" is a poorly worded statement because it doesn't define what substantial means or when it should be measured.

Question 2

Briefly explain the four basic categories of management skills.

Accepted Answer

The four types of skills are explained below.
(1)Interpersonal skills:These are skills required to understand other people and to interact effectively with them.
(2)Technical skills:They refer to the ability and knowledge to perform the mechanics of a particular job.
(3)Conceptual skills:They refer to the ability to understand the relationship of parts to the whole.
(4)Decision-making skills:They refer to the ability to identify a decision situation,analyze the problem,weigh the alternatives,choose an alternative,implement it,and evaluate the results.

Question 3

The overall plan might be supported at the next level down by such plans as research and development plan,manufacturing plan,and marketing plan.Such functional plans are called ________ plans.

Accepted Answer

A)  appraisal 
B)  strategic 
C)  contingency 
D)  tactical 
E)  corporate 
A)  appraisal 
B)  strategic 
C)  contingency 
D)  tactical 
E)  corporate D

Question 4

Compare and contrast mission statements,vision statements,and values statements.

Accepted Answer

A mission statement is a brief statement

Question 5

Compare and contrast an organization's strengths with opportunities.

Accepted Answer

Strengths are positive internal factors

Question 6

Do you think having a positive culture is important to an organization? Explain your answer.

Accepted Answer

Organizational culture refers to a set o

Question 7

The executive dashboard is a tool that provides quick-read summaries of vital performance variables.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is an opportunity available to Alfa Knowledge?

Accepted Answer

A)  having strong financial resources 
B)  having a respected brand 
C)  having committed employees 
D)  presence of potential partners 
E)  presence of strong management professionals in the company 
A)  having strong financial resources 
B)  having a respected brand 
C)  having committed employees 
D)  presence of potential partners 
E)  presence of strong management professionals in the company

Question 9

A(n)________ is a brief and inspirational expression of what a company aspires to be.

Accepted Answer

A)  tactical plan 
B)  values statement 
C)  operational plan 
D)  vision statement 
E)  summary of objectives 
A)  tactical plan 
B)  values statement 
C)  operational plan 
D)  vision statement 
E)  summary of objectives

Question 10

A(n)________ is a tool that provides quick-read summaries of vital performance variables.

Accepted Answer

A)  executive dashboard 
B)  business plan 
C)  benchmark 
D)  budget plan 
E)  managerial pyramid 
A)  executive dashboard 
B)  business plan 
C)  benchmark 
D)  budget plan 
E)  managerial pyramid

Question 11

Choosing a candidate from several job applicants is an example of the ________ role of managers.

Accepted Answer

A)  interpersonal 
B)  instructional 
C)  collaborative 
D)  decisional 
E)  informational 
A)  interpersonal 
B)  instructional 
C)  collaborative 
D)  decisional 
E)  informational

Question 12

________ skills refer to technical skills in information gathering,data analysis,planning,organizing,and other aspects of managerial work.

Accepted Answer

A)  Collaborative 
B)  Decisional 
C)  Conceptual 
D)  Administrative 
E)  Interpersonal 
A)  Collaborative 
B)  Decisional 
C)  Conceptual 
D)  Administrative 
E)  Interpersonal

Question 13

Charles is the CFO of a manufacturing organization.When determining how much money should be allocated to each departmental budget,he is performing the ________ role of management.

Accepted Answer

A)  informational 
B)  decisional 
C)  instructional 
D)  communicative 
E)  interpersonal 
A)  informational 
B)  decisional 
C)  instructional 
D)  communicative 
E)  interpersonal

Question 14

Autocratic leaders allow subordinates to make all the decisions concerning their performance.

Accepted Answer

A) True 
 B)False

Question 15

A manager has the capability of reducing his disruptive impulses and moods.He also has the ability to understand others' feelings.These capabilities are indicative of ________.

Accepted Answer

A)  low cognitive intelligence 
B)  high degree of autocracy 
C)  low social intelligence 
D)  high emotional intelligence 
E)  high cognitive intelligence 
A)  low cognitive intelligence 
B)  high degree of autocracy 
C)  low social intelligence 
D)  high emotional intelligence 
E)  high cognitive intelligence

Question 16

Which of the following is a typical role of middle managers in an organization?

Accepted Answer

A)  defining the strategic orientation of the organization 
B)  supervising workers on an assembly line 
C)  supervising knowledge workers 
D)  making long-range plans for the organization 
E)  translating strategic goals and objective into actions 
A)  defining the strategic orientation of the organization 
B)  supervising workers on an assembly line 
C)  supervising knowledge workers 
D)  making long-range plans for the organization 
E)  translating strategic goals and objective into actions

Question 17

Explain how democratic leaders function.

Accepted Answer

Democratic leaders delegate authority an

Question 18

Compare and contrast technical skills and conceptual skills.

Accepted Answer

Technical skills refer to the ability an

Question 19

Organizing is the process of arranging resources to carry out an organization's plans.

Accepted Answer

A) True 
 B)False

Question 20

________ is the most important and pervasive interpersonal skill that managers use.

Accepted Answer

A)  Communication 
B)  Evaluation 
C)  Analytic ability 
D)  Negotiation skill 
E)  Technical skill 
A)  Communication 
B)  Evaluation 
C)  Analytic ability 
D)  Negotiation skill 
E)  Technical skill

Describe 'SMART' goals with an example.

Briefly explain the four basic categories of management skills.

The overall plan might be supported at the next level down by such plans as research and development plan,manufacturing plan,and marketing plan.Such functional plans are called ________ plans.

Compare and contrast mission statements,vision statements,and values statements.

Compare and contrast an organization's strengths with opportunities.

Do you think having a positive culture is important to an organization? Explain your answer.

The executive dashboard is a tool that provides quick-read summaries of vital performance variables.

Which of the following is an opportunity available to Alfa Knowledge?

A(n)________ is a brief and inspirational expression of what a company aspires to be.

A(n)________ is a tool that provides quick-read summaries of vital performance variables.

Choosing a candidate from several job applicants is an example of the ________ role of managers.

________ skills refer to technical skills in information gathering,data analysis,planning,organizing,and other aspects of managerial work.

Charles is the CFO of a manufacturing organization.When determining how much money should be allocated to each departmental budget,he is performing the ________ role of management.

Autocratic leaders allow subordinates to make all the decisions concerning their performance.

A manager has the capability of reducing his disruptive impulses and moods.He also has the ability to understand others' feelings.These capabilities are indicative of ________.

Which of the following is a typical role of middle managers in an organization?

Explain how democratic leaders function.

Compare and contrast technical skills and conceptual skills.

Organizing is the process of arranging resources to carry out an organization's plans.

________ is the most important and pervasive interpersonal skill that managers use.

Developing a Business Mindset

Understanding Basic Economics

The Global Marketplace

Business Ethics and Corporate Social Responsibility

Forms of Ownership

Entrepreneurship and Small Business Ownership

Organization and Teamwork

Production Systems

Employee Motivation

Human Resources Management

Labor Relations

The Art and Science of Marketing

Product and Pricing Strategies

Distribution and Marketing Logistics

Customer Communication

Financial Information and Accounting Concepts

Financial Management

Financial Markets and Investment Strategies

The Money Supply and Banking Systems

Filters

Exam 7: Management Roles, Functions, and Skills

Describe 'SMART' goals with an example.

Briefly explain the four basic categories of management skills.

The overall plan might be supported at the next level down by such plans as research and development plan,manufacturing plan,and marketing plan.Such functional plans are called ________ plans.

Compare and contrast mission statements,vision statements,and values statements.

Compare and contrast an organization's strengths with opportunities.

Do you think having a positive culture is important to an organization? Explain your answer.

The executive dashboard is a tool that provides quick-read summaries of vital performance variables.

Which of the following is an opportunity available to Alfa Knowledge?

A(n)________ is a brief and inspirational expression of what a company aspires to be.

A(n)________ is a tool that provides quick-read summaries of vital performance variables.

Choosing a candidate from several job applicants is an example of the ________ role of managers.

________ skills refer to technical skills in information gathering,data analysis,planning,organizing,and other aspects of managerial work.

Charles is the CFO of a manufacturing organization.When determining how much money should be allocated to each departmental budget,he is performing the ________ role of management.

Autocratic leaders allow subordinates to make all the decisions concerning their performance.

A manager has the capability of reducing his disruptive impulses and moods.He also has the ability to understand others' feelings.These capabilities are indicative of ________.

Which of the following is a typical role of middle managers in an organization?

Explain how democratic leaders function.

Compare and contrast technical skills and conceptual skills.

Organizing is the process of arranging resources to carry out an organization's plans.

________ is the most important and pervasive interpersonal skill that managers use.

Developing a Business Mindset

Understanding Basic Economics

The Global Marketplace

Business Ethics and Corporate Social Responsibility

Forms of Ownership

Entrepreneurship and Small Business Ownership

Organization and Teamwork

Production Systems

Employee Motivation

Human Resources Management

Labor Relations

The Art and Science of Marketing

Product and Pricing Strategies

Distribution and Marketing Logistics

Customer Communication

Financial Information and Accounting Concepts

Financial Management

Financial Markets and Investment Strategies

The Money Supply and Banking Systems

Filters