Exam 1: Managers and Managing

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Which of the following tasks does a manager perform when he/she energizes employees and enables them to understand the part each of them plays in achieving organizational goals?

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Core competency is

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What are the four building blocks of competitive advantage? Explain how these building blocks help organizations increase their competitive advantage.

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MaryAnn supervises 15 people in her department.She recently met with her superiors to discuss her performance as a supervisor.Getting this feedback will help her develop her _______ skills.

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According to Mintzberg's typology, a manager who establishes agreements with other organizations about pooling company resources while working on joint projects is a(n)

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The PRP Company manufactures plastic components.The company has a low level of efficiency and low level of effectiveness, which means it is most likely to produce a

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Companies are using self-managed teams to

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The general ability to understand, alter, lead, and control the behavior of other workers is a _____ skill.

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According to Mintzberg's typology, a manager who evaluates the performance of other managers in different tasks and takes corrective action to improve their performance is a

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The performance level of an organization is based on how well its managers plan and develop strategies.

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Which of the following is true of first-line managers?

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Marietta is the product manager at Fireflies Ltd., a company that designs and manufactures clothes and fashion accessories.Noticing the rising popularity of rhinestone jewelry and the fact that only a handful of stores actually stocked it, she decided to take advantage of the latent demand in the market.Marietta knew that she was taking a risk by committing organizational resources to pursuing this idea, but was confident about the merit of her decision.In deciding the allocation of resources for attaining her goals, which managerial task can Marietta be said to be performing?

(Multiple Choice)
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_____ is a management technique that involves giving employees more authority and responsibility over how they perform their work activities.

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What is core competency? Explain how core competency is related to competitive advantage, and give an example of how core competency gives an organization a competitive advantage.

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Abby, the CEO of Little Angel Photography, reviews the performance of her company over the last quarter to determine whether they are meeting the planned sales and profitability goals.In this instance, which managerial task is she performing?

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Effective managers are those who choose the right organizational goals to pursue and have the skills to utilize resources efficiently.What decision did McDonald's management make in 2015 that increased overall sales, and why was that decision successful?

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Why is it important that managers have technical skills, and how would you determine if a manager had enough technical skills?

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A _______ is a group of employees who assume collective responsibility for organizing, controlling, and supervising their own work activities.

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Supervisors are also referred to as _____ managers.

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Controlling is the managerial task that involves

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