Exam 1: Management and Entrepreneurship

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__________ is the process of influencing employees to work toward achieving objectives.

(Multiple Choice)
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A business that is independently owned and operated,with a small number of employees and relatively low volume of sales is a:

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The ability to conceptualize situations and select alternatives to solve problems and take advantage of opportunities is:

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Identify a specific manager,preferably one who is or was your boss,and explain what makes him or her successful or unsuccessful.Give examples.

(Essay)
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Intrapreneurs commonly start a new small business venture,while entrepreneurs commonly start a new line of business within a large organization.

(True/False)
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Which of the following statements is TRUE regarding technical skills?

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A manager is responsible for achieving:

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Technical skills involve the ability to use methods and techniques to perform a task.

(True/False)
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There are three basic management functions.

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Would you rather work for a small or large business?

(Short Answer)
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All the following are management skills EXCEPT:

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The first step to entrepreneurship is to select the new venture or the industry in which the business will compete.

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The three management role categories are interpersonal,informational,and decisional roles.

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Describe the specific resources used by your present or past boss.Give the manager's job title and department.

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The level of organizational performance is unrelated to how effectively and efficiently managers utilize resources to achieve objectives.

(True/False)
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Decision-making skills are based on the ability to conceptualize situations and select alternatives to solve problems and take advantage of opportunities.

(True/False)
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Is your college professor a manager? Why or why not?

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Describe a manager's responsibility.

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The three levels of management are top managers,middle managers,and nonmanagement operative employees.

(True/False)
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The management function of __________ involves delegating and coordinating tasks and allocating resources to achieve objectives.

(Multiple Choice)
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