Exam 1: Developing Managerial Competencies

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An organization is any structured group of people working independently to achieve certain goals.

(True/False)
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In the _________ process managers set standards of performance, measure current performance against those standards, take action to correct any deviations, and adjust the standards if necessary.

(Multiple Choice)
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At the U.S. Postal Service, the degree of job specialization is low.

(True/False)
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_______________ managers supervise employees having expertise in one area.

(Multiple Choice)
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Employees who fail to take advantage of development and training opportunities offered by the organization are considered derailed. The most common reasons for derailment are all of the following except:

(Multiple Choice)
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A(n) ______________ has a structure and strives to achieve goals that individuals acting alone could not reach.

(Multiple Choice)
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Top managers spend more than seventy-five percent of their day organizing and controlling the work of others.

(True/False)
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The term ____________refers to the tasks and activities involved in directing an organization or one of its units: planning, organizing, leading, and controlling.

(Multiple Choice)
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L'Oréal was concerned about cultural acceptance of the company in China due to a (an)

(Multiple Choice)
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Describe four of the six managerial competencies.

(Essay)
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Jeff Bezos founded Amazon.com with a loan from his parents. Banks and venture capital firms would not loan to an internet startup company. Bezos is an example of the __________ required to face setbacks and risk failure in a new business.

(Multiple Choice)
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When Anne Mulcahy joined Xerox, the company was financially solvent.

(True/False)
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Which of the following is true concerning informal communication?

(Multiple Choice)
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Leslie Helms seems to spend days and nights working for General Electric. It seems that one night she may spend working late at the office and the next night entertaining business associates. Even when she goes home, Helms uses her study as a branch office. She is most likely fulfilling the role of .

(Multiple Choice)
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A large electronics manufacturer has recently hired Susan Vining. Her responsibilities include motivating and disciplining project leaders, keeping track of performance and providing feedback, and improving communications and productivity of the various projects. These responsibilities are closely affiliated with ____________ management.

(Multiple Choice)
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Xerox has successfully introduced numerous new products and services in high-growth areas.

(True/False)
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Which of the following is false concerning the teamwork competency?

(Multiple Choice)
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When looking for an opportunity to expand Oracle's product line into software, Larry Ellison, CEO, viewed store sales as the main strategy.

(True/False)
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Holly Varni of Top's Bakery is responsible for directing and coordinating the activities of first-line managers. Holly's position would best be classified as a ________.

(Multiple Choice)
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Communication competency is featured in the Container Store's "do-unto-others" philosophy in all of the following except:

(Multiple Choice)
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