Exam 7: Management and Leadership
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment328 Questions
Exam 2: Understanding How Economics Affects Business317 Questions
Exam 3: Doing Business in Global Markets361 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior272 Questions
Exam 5: How to Form a Business350 Questions
Exam 6: Entrepreneurship and Starting a Small Business320 Questions
Exam 7: Management and Leadership287 Questions
Exam 8: Adapting Organizations to Todays Markets370 Questions
Exam 9: Production and Operations Management328 Questions
Exam 10: Motivating Employees382 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees444 Questions
Exam 12: Dealing With Employee-Management Issues and Relationships322 Questions
Exam 13: Marketing: Helping Buyers Buy255 Questions
Exam 14: Developing and Pricing Goods and Services358 Questions
Exam 15: Distributing Products318 Questions
Exam 16: Using Effective Promotions284 Questions
Exam 17: Understanding Accounting and Financial Information382 Questions
Exam 18: Financial Management314 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities425 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve325 Questions
Exam 21: Appendix A: Using Technology to Manage Information256 Questions
Exam 22: Appendix B: Managing Risk264 Questions
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Heather has a strong desire to maintain and preserve order and stability.She is very good at developing tactical plans to achieve her company's goals and objectives.These characteristics suggest that Heather has characteristics of an exceptional leader.
Free
(True/False)
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Correct Answer:
False
Middle managers usually are responsible for tactical planning and controlling.
Free
(True/False)
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Correct Answer:
True
In order to be effective,performance standards must be specific,attainable,and measurable.
Free
(True/False)
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Correct Answer:
True
Two years ago,Travis started his own restaurant supply company,serving the greater Chicago area.Until recently,he has never concerned himself with establishing a formal control system.Now,with a recession looming,he is experiencing cost conscious restaurant owners.He has decided that a formal control system is needed.The first step Travis should take is:
(Multiple Choice)
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An organizational chart shows who is accountable for the completion of specific work and who reports to whom.
(True/False)
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The last step in the rational decision-making model is to determine whether the decision was a good one and follow up.
(True/False)
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When all is said and done,financial standards such as profit and return on investment are the only relevant measures of how well a firm is meeting its goals.
(True/False)
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Research has shown that employee participation in decision-making improves job satisfaction.
(True/False)
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Managers in progressive firms of all kinds tend to be friendly,and treat employees as partners.
(True/False)
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Tactical planning deals with setting long-range goals,while strategic planning develops the specific strategies needed to achieve the organization's operational goals.
(True/False)
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What is empowerment? How has the movement toward empowerment changed the role of the manager?
(Essay)
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How are managers today different from managers in the past?
(Multiple Choice)
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Describe the three basic types of management skills,and relate these skills to the tasks performed by different levels of management.
(Essay)
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Controlling provides managers and workers with feedback that helps them adjust to deviations from plans.
(True/False)
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Today,a mission statement should also address social responsibility.
(True/False)
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Brett heads a department in a major manufacturing corporation.He strives to maintain a free-rein approach to leadership in most situations.Recently,Brett's company lost a major contract that it needs to continue the current level of operation.The company needs to take quick action to adjust,including slashing expenses.Under these conditions,Brett should maintain his free-rein style of leadership.
(True/False)
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Although top managers most often possess these skills,they usually make less use of __________ skills than supervisory managers.
(Multiple Choice)
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