Exam 1: Principles of Modern Management: Concepts and Skills

Sarah has been working full-time at Eves Golf Inc. for three years. While at college, she worked as a part-time employee at Burger King and as an office assistant for a manufacturing organization. She was recently promoted to manager, and manages a small team that is responsible for procuring raw materials for their line of golf bags, hats, and other accessories. Considering that careers evolve through a series of stages, in this scenario Sarah's career is at the ________ stage.

If a manager reaches goals but wastes resources doing so, the manager is considered to be ________.

List the basic types of organizational resources. Give an example for each organizational resource in any one organization of your choice.

Explain how managers help in enhancing their employees' career development?

According to Robert Katz, conceptual skills involve ________.

What should a person do to enhance his career success?

As a manager in a manufacturing plant, Rex is not utilizing all his resources during the production process, but due to the high demand for the plant's products, he can get an extremely high price per unit sold and thus absorb inefficiency costs. In this scenario, as a manager Rex is ________.

Motivating employees to perform better so that they can achieve the organization's goals is known as ________.

Briefly explain the three major activities that modern managers typically perform.

Gayle has not established appropriate performance standards for her team. This is a fault in the ________ function of management.