Exam 1: Management in the 21st Century

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Allocating budget resources, assigning financial and human resources, and setting production and service offerings are the duties of:

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C

Organizational ________ are beliefs that shape employee and organizational behaviors and are intended to be timeless.

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values

A manager's four major tasks are ____________, ____________ , ___________, and ___________.

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planning, organizing, leading, controlling

Representing less than 1% of total organizations in the U.S., _________ businesses account for nearly half of the paid U.S.employees.

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Habitat for Humanity, Red Cross, and United Way are all examples of a(n) _______________ organization

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"To bring inspiration and innovation to every athlete in the world," is/are NIKE's:

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Small organizations have between 100 and 500 employees.

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The three levels of management are:

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One goal of the sustaining approach to management is to create, build, and continuously nurture trust among customers, employees, and communities.

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An organization is an entity formed and structured to achieve goals.

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Traditional organizations are formed ____________ to ensure lines of communication, authority, and reporting responsibilities are clear to everyone.

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Technical skills are most important for ________ managers.

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Missions shape how companies innovate, where they spend their resources, and what customers attract.

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It is in the organizing function that people are inspired and commitments are built to achieve the goals set in the planning function.

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All of the following are determinates of a successful business EXCEPT:

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Seeing, analyzing, and designing systems to achieve long-term organizational, community, and environmental health is known as:

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Leading is the process of monitoring activities, measuring results and comparing them with goals, and correcting performance when necessary.

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__________ is using the smallest amount of resources to achieve the greatest output.

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Understanding what motivates employee behavior and communicating effectively with a diverse team are more critical for a manager when the team experiences a setback.

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Managers' activities are:

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