Exam 1: Management in the 21st Century

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___________ are the philosophical statements and beliefs managers use to allocate resources, provide consistent feedback to employees, make decisions, and foster organizational culture.

(Multiple Choice)
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An organization's self-defined commitment to the health and well-being of the local and global community beyond its legal obligations is it's:

(Multiple Choice)
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The level to which people or organizations achieve agreed-upon goals is the:

(Multiple Choice)
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The vast majority of organizations in the United States have how many employees?

(Multiple Choice)
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__________ managers are concerned with daily, weekly, monthly, quarterly, and annual decisions.

(Multiple Choice)
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The three forces that shape decision making, products and services, beliefs, and relationships with people inside and outside the organization are the organization's ____________, ____________, and ____________.

(Short Answer)
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The textbook defines the "3 P's" as price, place, and promotion.

(True/False)
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Middle managers set the organization's direction and make decisions that impact everyone.

(True/False)
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Small and large businesses combine to represent approximately _____ percent of paid employees in the U.S.

(Multiple Choice)
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Which of the following is NOT one of the managerial roles Henry Mintzberg used to describe a manager's work:

(Multiple Choice)
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The process of orchestrating people, actions, resources, and decisions to achieve goals is:

(Multiple Choice)
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A ___________ ___________ is a newly formed organization with limited or no operational history.

(Short Answer)
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The traditional view of management sees the management functions as separate steps in a linear process.

(True/False)
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"To be recognized as the leading brand for performance and efficiency with a team committed to delivering an outstanding experience," is an example of an organization's:

(Multiple Choice)
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Who was responsible for saying that the sole responsibility of a for-profit organization is to maximize stockholder wealth.

(Multiple Choice)
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__________ ____________ are groups formed to enhance one's college experience through academic, political, religious, sports, environmental, and social action.

(Short Answer)
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"Positive Psychology" was first introduced by:

(Multiple Choice)
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Today, PepsiCo is known as a

(Multiple Choice)
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The latest organizational behavioral research has shown that there is a notable shift in organizations from a traditional _____________ model to a more sustainable one.

(Short Answer)
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Effective managers must balance the people-focused and technical sides of their jobs.

(True/False)
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