Exam 7: Management and Leadership
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment327 Questions
Exam 2: Understanding Economics and How It Affects Business314 Questions
Exam 3: Doing Business in Global Markets358 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior269 Questions
Exam 5: How to Form a Business347 Questions
Exam 6: Entrepreneurship and Starting a Small Business316 Questions
Exam 7: Management and Leadership285 Questions
Exam 8: Structuring Organizations for Todays Challenges369 Questions
Exam 9: Production and Operations Management326 Questions
Exam 10: Motivating Employees374 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees437 Questions
Exam 12: Dealing With Union and Employeemanagement Issues302 Questions
Exam 13: Marketing: Helping Buyers Buy252 Questions
Exam 14: Developing and Pricing Goods and Services357 Questions
Exam 15: Distributing Products315 Questions
Exam 16: Using Effective Promotions267 Questions
Exam 17: Understanding Accounting and Financial Information366 Questions
Exam 18: Financial Management300 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities410 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve312 Questions
Exam 21: Managing the Marketing Mix: Product, Price, Place and Promotion516 Questions
Exam 22: Extension: Working Within the Legal Environment245 Questions
Exam 23: Extension: Using Technology to Manage Information189 Questions
Exam 24: Extension: Managing Risk129 Questions
Exam 25: Extension: Managing Personal Finances259 Questions
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The visual illustration of the relationships among the people within an organization that shows who is accountable for the work and who reports to whom is called a Gantt Chart.
Free
(True/False)
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Correct Answer:
False
Pro Fit, Inc., a maker of men's sportswear, has just reported a record profit. This proves that the firm is successfully achieving its goals.
Free
(True/False)
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Correct Answer:
False
A key to effective leadership is the ability to:
Free
(Multiple Choice)
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Correct Answer:
B
Which of the following activities is part of the organizing function of management?
(Multiple Choice)
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The CEO of peripheral company QuickDrive uses a leadership style that encourages employees to discuss management issues with the CEO and to work together to resolve those issues in a democratic manner. Which of the following statements would the CEO of QuickDrive most likely make?
(Multiple Choice)
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The steps of the controlling function include assigning tasks and establishing procedures to accomplish organizational goals.
(True/False)
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Many cities and businesses are now developing contingency plans to respond to potential terrorist attacks.
(True/False)
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Managers or teams of managers at the lower levels of an organization normally develop strategic plans, but top managers do most of the tactical planning.
(True/False)
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Which of the following best summarizes the type of leader future organizations are likely to need? In the future, organizations will need leaders who:
(Multiple Choice)
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Managers are most effective when they consistently use the same leadership style with every employee assigned to their work group.
(True/False)
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Goals tend to be broad and focus on the long term while objectives tend to be specific and more short term in their focus.
(True/False)
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People who are good leaders also are almost always good managers.
(True/False)
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In many smaller firms the manager's role is to direct the employees, telling them exactly what to do.
(True/False)
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When establishing criteria to measure the success of a customer-oriented business, managers should:
(Multiple Choice)
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By completing the courses needed to obtain a college major in accounting, marketing, or some other field, a student can go a long way toward acquiring the _________ skills managers need to rise through the ranks of their area of specialization
(Multiple Choice)
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Despite all of the changes in the business environment, the basic way a manager performs his or her job has remained remarkably constant.
(True/False)
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Brainstorming is coming up with as many solutions as possible in a short period of time with a focus toward not censoring anyone's ideas.
(True/False)
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Customers who visit any Good As New Appliance Repair Center see a framed statement prominently displayed near the front door. The plaque describes the company's fundamental purposes. In part, it states that "All Good As New Centers operate under the belief that every customer deserves good quality parts, fast and dependable service, and a fair price." The words on this plaque reflect the ____________ of Good As New
(Multiple Choice)
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Continuous planning is not necessary, because plans that worked well in the past are likely to continue to work well in the future.
(True/False)
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