Exam 1: Introduction to Management

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 Forecasting the likely result that might occur when several events and stakeholders are linked together is known as

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 The first step of the stakeholder mapping process involves

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 Which of the following questions is addressed by the organizational perspective of management?

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 According to the _____ view of the firm, the job of top managers was to produce the highest possible stock market valuation of the firm's assets.

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 Which of the following statements about the three pillars of management is true?

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 Briefly discuss the human relations movement.

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 Which of the following statements best describes scientific management?

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 Which of the following refers to the systematic assessment of the external environment to prepare for a possible range of alternative futures for the organization?

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 The interaction between the formulation of strategy, the design of the organization, and the leadership of the firm is a linear process.

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 After hiring a consultant, a senior management team realized that the organization's structure did not enable proper usage of its resources and the culture was not reinforcing employee performance. Which of the following pillars of managing organizations has the organization failed to consider?

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 "How does the competitive landscape shape the potential for success or failure?" Which of the following pillars of managing organizations addresses this question?

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 Define stakeholder. What are the steps involved in stakeholder mapping?

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 A stakeholder is any group or individual who can affect or is affected by the achievement of an organization's purpose.

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 The factor that distinguishes leadership from management is that

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 The frontline managers of a firm are feeling directionless and resistant to change. Middle management has failed in providing

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 To be successful, organizations need to develop and nurture managers and leaders throughout the organization, not just at the top.

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 Through _____, senior leaders of a corporation meet with business unit managers to assess progress toward specific goals.

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 Harriet, a manager of a steel company, wants to design formal processes and systems to deal with the firm's various stakeholders. Which of the following tools will best serve this purpose?

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 Helen, a senior executive, works with others to create the strategic positioning that will enable the firm to effectively compete in the marketplace. From this scenario, it can be inferred that Helen uses the _______ of management.

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 Which of the following is the most important skill of a middle manager?

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