Exam 1: Managing

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The importance of managerial skills is exemplified by which of the following statements?

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E

Which of the following statements about the Internet is true?

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B

__________ means giving customers what they want or need,when they want it.

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A

Which type of manager has responsibility for translating the general goals and plans developed for an organization into more specific activities?

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Which of Mintzberg's roles involves searching for new business opportunities and initiating new projects to create change?

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Which of the following is one of the key elements that make the current business landscape different from the past?

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Which of the following represent skills that managers need?

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Management is the process of working with people and resources to make profit at all costs.

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Scenario B. Suppose you are interviewing the CEO of a large company. The CEO is telling you about his/her job as a manager and how he/she spends time. Using the descriptions below, which function of management is the CEO most likely describing in each of the examples? -"Recently,I spent a great deal of time looking at how to define jobs and group jobs together to most efficiently utilize the employees in those jobs.Other times,my focus is more towards financial resources."

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Using personal technology such as a BlackBerry,means that you must be available all of the time to do the best job possible.

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Successful CEO's know that the change from a local to a global marketplace is

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Planning in the new business environment can also be described as

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Briefly describe each of the four key management functions.

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Managing for competitive advantage includes delivering innovation,quality,service,speed,and cost competitiveness.

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In managing your career,it is important to know that now,more than ever individuals will be accountable for their actions and for results.

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Managers will utilize _____________ skills with increasing frequency as they rise within an organization.

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Scenario B. Suppose you are interviewing the CEO of a large company. The CEO is telling you about his/her job as a manager and how he/she spends time. Using the descriptions below, which function of management is the CEO most likely describing in each of the examples? -"Every six months or so my senior management team and I meet to discuss the goals that will be achieved over the next year,three years,and beyond.We then make sure we are clear on who will take responsibility to see that the appropriate actions are undertaken to achieve our goals within the time frame we set."

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Tactical managers are often referred to as

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As one of the key management functions,leading focuses on a manager's efforts to

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A manager's ability to stimulate people to be high performers is referred to as

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