Exam 1: Managers and You in the Workplace

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Effectiveness is associated with ________.

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From a business perspective, a company's ability to achieve its business goals and increase long-term shareholder value by integrating economic, environmental, and social opportunities into its business strategies is known as ________.

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A ________ is an example of a first-line manager.

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A manager must coordinate and oversee the work of other people so that organizational goals can be accomplished.

(True/False)
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Firms that compete in non-technology markets, such as retailers, need not concern themselves with innovation.

(True/False)
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Innovation is confined to high-tech and other technologically sophisticated organizations.

(True/False)
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An automobile manufacturer increased the total number of cars produced while keeping the production costs the same. The manufacturer ________.

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Increased accountability of employees is typically caused by ________.

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Blue Fin and ChrisCraft, two boat manufacturers, have merged. Top managers now must decide how the work will be divided and who will do what work. Such an arrangement makes up a(n) ________.

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The CEO of MindWerks must understand the industry in which his business competes, the future of that industry, and the competition. This requires strong ________ skills.

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Motivating subordinates is primarily associated with the management function of ________.

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More than a hundred years ago, Henri Fayol proposed that managers performed five functions. They were ________.

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Conceptual skills involve ________.

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Donald's ability to complete activities efficiently and effectively with and through other people is known as ________.

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Briefly discuss the difference between efficiency and effectiveness.

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Social media is a communications tool which should be ________.

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A great manager can inspire employees professionally and personally.

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Which one of the following represents one of the challenges of management?

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When Gavin decides how many units of output his employees should produce, he is performing which of the following management functions?

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Middle managers are responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization.

(True/False)
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