Exam 6: Managing for Business Success

A _____ organization groups together people who have comparable skills and perform similar tasks.

In today's organizations, in which team building and information sharing are important, most experts believe that the transactional leadership style is most effective.

As a manager who mentors and develops subordinates, providing them with challenging opportunities, Tom Jones is a transactional leader.

The best time for management to practice crisis management is when a crisis occurs in their company.

Managers at ACE Consulting, who generally seek input from subordinates before making decisions, favor a democratic leadership style.

SCENARIO-BASED General Motors Corp., as everyone knows, makes many brands of cars, SUVs, vans, trucks, and hybrid vehicles. Production and assembly plants are located in numerous states and countries. Each make of vehicle—such as Chevy, Pontiac, and Saturn—is produced by a separate division. -Research has shown that, because car buyers' tastes vary from state to state, GM should organize its U.S. operations geographically.

The toughest part of the problemsolving process is _____.

The mission statement describes the purpose of your organization-the reason for its existence.

SCENARIO-BASED General Motors Corp., as everyone knows, makes many brands of cars, SUVs, vans, trucks, and hybrid vehicles. Production and assembly plants are located in numerous states and countries. Each make of vehicle—such as Chevy, Pontiac, and Saturn—is produced by a separate division. -To reduce duplication of operations and increase efficiency in ordering parts and controlling costs, GM should reorganize into functional departments.

If members of your team are unmotivated and don't seem interested in providing input, it makes sense to move away from a democratic style of leadership.

Managers engage in the organizing function when they allocate resources to carry out a company's plans.

Explain the six-step approach to problem solving.

The principle of _____ refers to the number of people reporting to a particular manager.

Konnie Chang, who exercises her authority according to her rank in the organization, is best characterized as a _____ leader.

Peggy McLaughlin runs an ice cream shop. She is determining how many employees should work next week and at what times. She is performing which management function

More involved in day-to-day operations than in planning, _____ supervise employees and coordinate their activities to ensure consistent companywide work.

You'll probably be hired for your first job based on your conceptual skills.

Because sheer size makes it difficult for managers to oversee operations and serve customers, most large companies are structured as _____ organizations.

Which of the following leadership styles typifies an approach to directing and motivating people

The statement "The company forecasts sales of $20,000 and profit of $2,000 for the first 12 months of operations" is best characterized as a _____.