Exam 1: Intro to Management

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__________ is the process of continuously learning from our daily experiences and opportunities.

(Multiple Choice)
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An important component of __________ is the ability to manage ourselves and our relationships effectively,which is also known as __________

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A __________ is a person who is in charge of a small work group composed of non-managerial workers.

(Multiple Choice)
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A project manager is responsible for managing a smaller work unit composed of professionals.

(True/False)
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The most important factors for operating effectively in a new economy are increased profits,greater return on investment,shareholder involvement,self-management,and competitiveness.

(True/False)
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A conceptual skill is the ability to use special skills or expertise to do one's work.

(True/False)
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__________ refers to the operation through which a business or non-profit organization can add value to the original cost of resource inputs while the business organization earns a profit or the non-profit organization adds wealth to society.

(Multiple Choice)
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Customers and owners are important resource input stakeholders in an organization's value creation,whereas suppliers and communities are important product output stakeholders in an organization's value creation.

(True/False)
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__________ refers to the extent to which the organization is developing value for and satisfying the needs of important strategic constituencies.

(Multiple Choice)
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Which statement about middle management is TRUE?

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According to Charles Handy,the Irish shamrock can be used to describe the changing employment patterns in organizations of ____________.

(Multiple Choice)
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Technological conditions in the general environment include the development and availability of technology,including scientific advancements.

(True/False)
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A fast-food chain announced it would adapt its menus to offer nutritious options,such as fruit and side salads.The fast-food chain also announced nutritional changes to some existing items,as well as changes to the way it markets to children.This is an example of _______________conditions that have affected the company.

(Multiple Choice)
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Differences among members of the workforce -- such as age,gender,religion,national origin,sexual orientation,and able-bodiedness -- are characteristics of __________.

(Multiple Choice)
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"High involvement" organizations create challenging and enriched jobs,allow employee input in decision making,and avoid layoffs and excessive turnover.

(True/False)
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Socio-cultural conditions in the general environment include __________.

(Multiple Choice)
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According to Robert Katz,the managerial skills least important to a top manager are:

(Multiple Choice)
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An organization can achieve a competitive advantage through which of the following ways?

(Multiple Choice)
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At the _____ level,technical skills are particularly important.

(Multiple Choice)
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The specific environment consists of the actual organizations,groups,and persons with whom an organization interacts and conducts business.

(True/False)
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