Question 1

Most employees do some type of managerial work.

Accepted Answer

A) True 
 B)False

Question 2

Cliff Hudson, CEO of Sonic, believes his day "comes down to a series of choices." How does Hudson handle his typical day as a CEO?

Accepted Answer

A)  He allocates time spent on certain tasks. 
B)  He manages his time and delegates effectively. 
C)  He discusses resource allocation and agrees to completion dates. 
D)  All of the above. 
A)  He allocates time spent on certain tasks. 
B)  He manages his time and delegates effectively. 
C)  He discusses resource allocation and agrees to completion dates. 
D)  All of the above.

Question 3

The Container Store has been able to cut costs by implementing programs for new employees that minimize the amount of training required.

Accepted Answer

A) True 
 B)False

Question 4

Survey results indicate that MBA students place the highest emphasis on balancing work and life issues in the area of:

Accepted Answer

A)  information overload 
B)  building a family 
C)  diet and exercise 
D)  All of the above have substantial impact. 
A)  information overload 
B)  building a family 
C)  diet and exercise 
D)  All of the above have substantial impact.

Question 5

Meg Whitman is the CEO of eBay. As a top manager, Whitman's primary management task is planning and leading.

Accepted Answer

A) True 
 B)False

Question 6

Describe three of the managerial functions and an example of each.

Accepted Answer

a. Planning involves defining organizati

Question 7

Which of the following activities did the CEO of Proctor & Gamble find to be a big waste of time for the improvement of their market share in Europe?

Accepted Answer

A)  managers spending a lot of time with store personnel 
B)  chatting with retail customers 
C)  designing the next billion-dollar product 
D)  looking for labeling problems on products 
A)  managers spending a lot of time with store personnel 
B)  chatting with retail customers 
C)  designing the next billion-dollar product 
D)  looking for labeling problems on products

Question 8

Which of the following is not one of Allen Questrom's strategies for the J.C. Penney turnaround?

Accepted Answer

A)  sold the credit card division 
B)  centralized purchasing 
C)  sold Eckerd drugstores 
D)  refocused product strategies 
A)  sold the credit card division 
B)  centralized purchasing 
C)  sold Eckerd drugstores 
D)  refocused product strategies

Question 9

One who understands the workings of a business enterprise is aware of the fact that in large organization, managers may be distinguished by the scope of the activities they manage. Therefore, which of the following statements is accurate?

Accepted Answer

A)  Functional mangers supervise employee with general skills that may be applied to many roles. 
B)  General managers supervise employees with specialized skills in a single area. 
C)  General managers may be responsible for the operation of a department, but only if it is very small. 
D)  General managers are responsible for the overall operations of a more complex unit such as a company or division. 
A)  Functional mangers supervise employee with general skills that may be applied to many roles. 
B)  General managers supervise employees with specialized skills in a single area. 
C)  General managers may be responsible for the operation of a department, but only if it is very small. 
D)  General managers are responsible for the overall operations of a more complex unit such as a company or division.

Question 10

For Proctor & Gamble, Tide is considered all of the following except:

Accepted Answer

A)  a store brand. 
B)  a global brand. 
C)  a core brand. 
D)  a billion-dollar product. 
A)  a store brand. 
B)  a global brand. 
C)  a core brand. 
D)  a billion-dollar product.

Question 11

Global awareness is different from the understanding of multiple cultures.

Accepted Answer

A) True 
 B)False

Question 12

J. C. Penney found that they needed to centralize their purchasing practices as part of their "renewed emphasis on expense control."

Accepted Answer

A) True 
 B)False

Question 13

Who is Cliff Hudson? Describe how he uses the general managerial functions in his planning and administration competency as CEO of Sonic.

Accepted Answer

Cliff Hudson has instituted sweeping cha

Question 14

Managers are responsible for setting goals, employees are responsible for achieving them.

Accepted Answer

A) True 
 B)False

Question 15

Dee Hock, founder of Visa Card, has found that self-management of ethics, character, and conduct takes up nearly 90 percent of a manager's time.

Accepted Answer

A) True 
 B)False

Question 16

Among the components of strategic action competency, budgeting and financial management is highly important.

Accepted Answer

A) True 
 B)False

Most employees do some type of managerial work.

Cliff Hudson, CEO of Sonic, believes his day "comes down to a series of choices." How does Hudson handle his typical day as a CEO?

The Container Store has been able to cut costs by implementing programs for new employees that minimize the amount of training required.

Survey results indicate that MBA students place the highest emphasis on balancing work and life issues in the area of:

Meg Whitman is the CEO of eBay. As a top manager, Whitman's primary management task is planning and leading.

Describe three of the managerial functions and an example of each.

Which of the following activities did the CEO of Proctor & Gamble find to be a big waste of time for the improvement of their market share in Europe?

Which of the following is not one of Allen Questrom's strategies for the J.C. Penney turnaround?

One who understands the workings of a business enterprise is aware of the fact that in large organization, managers may be distinguished by the scope of the activities they manage. Therefore, which of the following statements is accurate?

For Proctor & Gamble, Tide is considered all of the following except:

Global awareness is different from the understanding of multiple cultures.

J. C. Penney found that they needed to centralize their purchasing practices as part of their "renewed emphasis on expense control."

Who is Cliff Hudson? Describe how he uses the general managerial functions in his planning and administration competency as CEO of Sonic.

Managers are responsible for setting goals, employees are responsible for achieving them.

Dee Hock, founder of Visa Card, has found that self-management of ethics, character, and conduct takes up nearly 90 percent of a manager's time.

Among the components of strategic action competency, budgeting and financial management is highly important.

The Evolution of Management

Environmental Forces

Managing Globally

Entrepreneurship

Ethics and Stakeholder Social Responsibility

Planning and Strategy

Fundamentals of Decision Making

Planning and Decision Aids

Controlling in Organizations

Organizational Design

Organizational Change and Learning

Managing Human Resources

Work Motivation

Dynamics of Leadership

Organizational Communication

Managing Work Teams

Organizational Culture and Cultural Diversity

Filters

Exam 1: Managing in a Dynamic Environment

Most employees do some type of managerial work.

Cliff Hudson, CEO of Sonic, believes his day "comes down to a series of choices." How does Hudson handle his typical day as a CEO?

The Container Store has been able to cut costs by implementing programs for new employees that minimize the amount of training required.

Survey results indicate that MBA students place the highest emphasis on balancing work and life issues in the area of:

Meg Whitman is the CEO of eBay. As a top manager, Whitman's primary management task is planning and leading.

Describe three of the managerial functions and an example of each.

Which of the following activities did the CEO of Proctor & Gamble find to be a big waste of time for the improvement of their market share in Europe?

Which of the following is not one of Allen Questrom's strategies for the J.C. Penney turnaround?

One who understands the workings of a business enterprise is aware of the fact that in large organization, managers may be distinguished by the scope of the activities they manage. Therefore, which of the following statements is accurate?

For Proctor & Gamble, Tide is considered all of the following except:

Global awareness is different from the understanding of multiple cultures.

J. C. Penney found that they needed to centralize their purchasing practices as part of their "renewed emphasis on expense control."

Who is Cliff Hudson? Describe how he uses the general managerial functions in his planning and administration competency as CEO of Sonic.

Managers are responsible for setting goals, employees are responsible for achieving them.

Dee Hock, founder of Visa Card, has found that self-management of ethics, character, and conduct takes up nearly 90 percent of a manager's time.

Among the components of strategic action competency, budgeting and financial management is highly important.

The Evolution of Management

Environmental Forces

Managing Globally

Entrepreneurship

Ethics and Stakeholder Social Responsibility

Planning and Strategy

Fundamentals of Decision Making

Planning and Decision Aids

Controlling in Organizations

Organizational Design

Organizational Change and Learning

Managing Human Resources

Work Motivation

Dynamics of Leadership

Organizational Communication

Managing Work Teams

Organizational Culture and Cultural Diversity

Filters