Exam 1: Managing and Performing

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Ideally, planning is a top-down function in which top executives establish business plans and tell others to implement them.

(True/False)
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List and explain each of the six keys to managing for competitive advantage.

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When you view yourself as an employee and expect your employer to tell you what to do and give you pay and benefits, you are acting as a(n)

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

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A common complaint about leaders, especially those who are newly appointed, is that they lack which of the following?

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Leading is defined as coordinating and manipulating human resources to maximize opportunity.

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When the manager attended the employee's wedding, which of the roles described by Mintzberg was the manager of Puffy Treats performing?

(Multiple Choice)
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At which level of management will you find conceptual and decision skills most utilized? Why?

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In smaller entrepreneurial firms and even in more adaptive larger firms, managers

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Operational managers play a crucial role in an organization because they provide

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Differentiate between the various management levels in an organization.

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Senior executives responsible for the overall management and effectiveness of the organization are called

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Top-level managers focus on

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Sustainability is fundamentally a cost-cutting effort.

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Social capital is the goodwill stemming from your social relationships.

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

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What should you do to forge a successful, gratifying career? Briefly explain each of the four dimensions that should be considered.

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Today customers value both the quality of physical goods and the quality of services.

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The management function known as organizing refers to assembling and coordinating the resources needed to achieve goals.

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In a competitive context, __________ means giving customers what they want or need, when they want it.

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