Exam 7: Management Roles, Functions, and Skills
Exam 1: Developing a Business Mindset100 Questions
Exam 2: Understanding Basic Economics100 Questions
Exam 3: The Global Marketplace100 Questions
Exam 4: Business Ethics and Corporate Social Responsibility100 Questions
Exam 5: Forms of Ownership100 Questions
Exam 6: Entrepreneurship and Small Business Ownership100 Questions
Exam 7: Management Roles, Functions, and Skills100 Questions
Exam 8: Organization and Teamwork100 Questions
Exam 9: Production Systems100 Questions
Exam 10: Employee Motivation100 Questions
Exam 11: Human Resources Management100 Questions
Exam 12: Labor Relations100 Questions
Exam 13: The Art and Science of Marketing100 Questions
Exam 14: Product and Pricing Strategies100 Questions
Exam 15: Distribution and Marketing Logistics100 Questions
Exam 16: Customer Communication100 Questions
Exam 17: Financial Information and Accounting Concepts100 Questions
Exam 18: Financial Management100 Questions
Exam 19: Financial Markets and Investment Strategies100 Questions
Exam 20: The Money Supply and Banking Systems100 Questions
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In order to be effective,a business goal should be ________.
Free
(Multiple Choice)
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Correct Answer:
B
________ leaders act as advisors and supporters and generally let subordinates chart and adjust their own course toward meeting agreed-upon goals and objectives.
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(Multiple Choice)
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Correct Answer:
E
Explain how democratic leaders function.
Free
(Essay)
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Correct Answer:
Democratic leaders delegate authority and involve employees in decision-making.Also known as collaborative leaders,these managers invite and seek out input from anyone in the organization who can add insight to the decision-making process.This style is often called participative management.
A top executive reads summaries of vital performance variables in the organization using the executive dashboard.The executive is performing the ________ role in this case.
(Multiple Choice)
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Robert is the manager of a departmental store.Which of the following is an example of a decisional role that he has to undertake?
(Multiple Choice)
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A ________ is a brief declaration of what the organization aims to accomplish for customers,investors,and other stakeholders.
(Multiple Choice)
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Which of the following is a typical role of middle managers in an organization?
(Multiple Choice)
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Standards refer to the criteria against which performance is measured.
(True/False)
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Julia is the product manager of an automobile manufacturer.She allots part of her duties to her subordinates and involves them when making key decisions.She is receptive to new ideas and accepts valuable ideas from others.Julia is a ________ leader.
(Multiple Choice)
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________ plans outline the firm's long-range (often two to five years)organizational goals and set a course of action the firm will pursue to reach its goals.
(Multiple Choice)
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"Do what's right,respect others,care for customers,and perform with excellence." This is likely to be an organization's ________ statement.
(Multiple Choice)
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Alfa Knowledge is a knowledge management firm.The company helps organizations document and manage internal knowledge.The company has operations in seventeen countries.Which of the following describes a weakness that Alfa Knowledge has?
(Multiple Choice)
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Alfa Knowledge is a knowledge management firm.The company helps organizations document and manage internal knowledge.The company has operations in seventeen countries.The demand for Alfa's products has been shrinking in recent times.This is considered a(n)________ for the company.
(Multiple Choice)
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RSX Plastic is an Asian company that manufactures commercial plastic products.The company plans to open a production facility in the United States.In order to enter the U.S.market,the company is required to set up a plastic recycling plant that attracts huge fixed costs.This requirement is an example of a(n)________ for the company.
(Multiple Choice)
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Controlling is the process of motivating employees to be committed toward the organization's values.
(True/False)
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An economic slowdown is viewed as a weakness in the SWOT analysis of a firm.
(True/False)
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Arthur is a plant supervisor at Skyline Constructions.Twenty construction workers report to Arthur.Arthur provides them the work designs and schedules every week and does not allow them to make any changes to the schedule.Workers often complain that he is not receptive to suggestions from them.Arthur is following ________ leadership in this case.
(Multiple Choice)
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