Deck 1: Management in the 21st Century
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Deck 1: Management in the 21st Century
1
Which of the following options is least associated with the benefits an organization can use to engage and motivate their employees?
A)Retirement accounts
B)Required off-site trainings
C)Wellness programs
D)Flexible environments
A)Retirement accounts
B)Required off-site trainings
C)Wellness programs
D)Flexible environments
B
2
"To bring inspiration and innovation to every athlete in the world," is/are NIKE's:
A)vision
B)values
C)beliefs
D)mission
A)vision
B)values
C)beliefs
D)mission
D
3
"To be recognized as the leading brand for performance and efficiency with a team committed to delivering an outstanding experience," is an example of an organization's:
A)values.
B)vision.
C)mission statement.
D)goals.
A)values.
B)vision.
C)mission statement.
D)goals.
B
4
All of the following are determinates of a successful business EXCEPT:
A)Access to resources
B)Interested consumers
C)Agreement amongst all team members
D)Effective leadership
A)Access to resources
B)Interested consumers
C)Agreement amongst all team members
D)Effective leadership
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5
Managers' activities are:
A)Technologically-focused
B)Technically-focused
C)People-focused
D)Both a & c
E)Both b & c
A)Technologically-focused
B)Technically-focused
C)People-focused
D)Both a & c
E)Both b & c
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6
All of the following are ways of practicing "Positive Psychology" EXCEPT:
A)motivating
B)rewarding
C)encouraging
D)understanding
A)motivating
B)rewarding
C)encouraging
D)understanding
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7
__________ is using the smallest amount of resources to achieve the greatest output.
A)Efficiency
B)Controlling
C)Effectiveness
D)Cost-cutting
A)Efficiency
B)Controlling
C)Effectiveness
D)Cost-cutting
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8
Which of the following is NOT one of the "3 P's"?
A)People
B)Promotion
C)Planet
D)Profit
A)People
B)Promotion
C)Planet
D)Profit
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9
When a manager acts as a disturbance handler or negotiator for his/her organization, he/she is acting in a(n) __________ role.
A)entrepreneurial
B)decisional
C)interpersonal
D)informational
A)entrepreneurial
B)decisional
C)interpersonal
D)informational
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10
Seeing, analyzing, and designing systems to achieve long-term organizational, community, and environmental health is known as:
A)sustaining.
B)balancing.
C)upholding.
D)organizing.
A)sustaining.
B)balancing.
C)upholding.
D)organizing.
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11
An organization's self-defined commitment to the health and well-being of the local and global community beyond its legal obligations is it's:
A)Economic Responsibility
B)Ethical Responsibility
C)Corporate Social Responsibility
D)All of the above
A)Economic Responsibility
B)Ethical Responsibility
C)Corporate Social Responsibility
D)All of the above
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12
Today, PepsiCo is known as a
A)start-up company.
B)multinational corporation.
C)non-profit organization.
D)growth company.
A)start-up company.
B)multinational corporation.
C)non-profit organization.
D)growth company.
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13
Which of the following is NOT one of the managerial roles Henry Mintzberg used to describe a manager's work:
A)Decisional roles.
B)Interpersonal roles.
C)Informational roles.
D)Situational roles.
A)Decisional roles.
B)Interpersonal roles.
C)Informational roles.
D)Situational roles.
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14
The process of orchestrating people, actions, resources, and decisions to achieve goals is:
A)planning
B)organizing.
C)leading.
D)controlling.
A)planning
B)organizing.
C)leading.
D)controlling.
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15
___________ is the process of setting goals for the future, designing appropriate strategies, and deciding on the actions and resources needed to achieve success.
A)planning
B)organizing
C)leading
D)controlling
A)planning
B)organizing
C)leading
D)controlling
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16
When managers __________, they effectively motivate and communicate with employees to achieve goals.
A)plan
B)lead
C)organize
D)control
A)plan
B)lead
C)organize
D)control
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17
_____________ is the process of working with people and distributing an organization's resources to achieve goals efficiently and effectively.
A)Leading
B)Management
C)Organizing
D)none of the above
A)Leading
B)Management
C)Organizing
D)none of the above
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18
Who was responsible for saying that the sole responsibility of a for-profit organization is to maximize stockholder wealth.
A)Mark Price
B)Henri Fayol
C)Jeff Immelt
D)Milton Friedman
A)Mark Price
B)Henri Fayol
C)Jeff Immelt
D)Milton Friedman
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19
The three levels of management are:
A)top, middle, and first-line.
B)first, second, and third.
C)general, project, and assistant.
D)top, middle, bottom.
A)top, middle, and first-line.
B)first, second, and third.
C)general, project, and assistant.
D)top, middle, bottom.
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20
The vast majority of organizations in the United States have how many employees?
A)Fewer than 100
B)More than 250
C)More than 500
D)More than 1000
A)Fewer than 100
B)More than 250
C)More than 500
D)More than 1000
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21
Effective managers must balance the people-focused and technical sides of their jobs.
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22
Allocating budget resources, assigning financial and human resources, and setting production and service offerings are the duties of:
A)first-line managers
B)bottom managers
C)middle managers
D)top managers
A)first-line managers
B)bottom managers
C)middle managers
D)top managers
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23
An organization is an entity formed and structured to achieve goals.
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24
The ability to work well in collaboration with others is called a __________ skill.
A)conceptual
B)decisional
C)technical
D)relational
A)conceptual
B)decisional
C)technical
D)relational
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25
The level to which people or organizations achieve agreed-upon goals is the:
A)vision.
B)efficiency.
C)mission.
D)effectiveness.
A)vision.
B)efficiency.
C)mission.
D)effectiveness.
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26
Which skill set ismost important for a Top Manager?
A)Relational
B)Technical
C)Planning
D)Conceptual
A)Relational
B)Technical
C)Planning
D)Conceptual
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27
We often describe technically-focused side of management as the "art of management."
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28
Middle managers set the organization's direction and make decisions that impact everyone.
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29
__________ managers are concerned with daily, weekly, monthly, quarterly, and annual decisions.
A)First-line
B)Middle
C)Top
D)B&C only
E)All of the above
A)First-line
B)Middle
C)Top
D)B&C only
E)All of the above
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30
Decisional roles require managers to gather, assess, and communicate information to individuals and teams in support of the organization's values, mission, vision, and goals.
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31
Vision, mission, and values can be differentiated based on the time impact on the organization.
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32
Representing less than 1% of total organizations in the U.S., _________ businesses account for nearly half of the paid U.S.employees.
A)small
B)medium
C)start-up
D)large
A)small
B)medium
C)start-up
D)large
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33
It is in the organizing function that people are inspired and commitments are built to achieve the goals set in the planning function.
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34
Missions shape how companies innovate, where they spend their resources, and what customers attract.
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35
____________ skills are the ability to perform job-specific tasks.
A)Rational
B)Relational
C)Technical
D)Conceptual
A)Rational
B)Relational
C)Technical
D)Conceptual
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36
One goal of the sustaining approach to management is to create, build, and continuously nurture trust among customers, employees, and communities.
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37
Small and large businesses combine to represent approximately _____ percent of paid employees in the U.S.
A)40
B)50
C)85
D)95
A)40
B)50
C)85
D)95
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38
"Positive Psychology" was first introduced by:
A)Frank Beamer
B)Henri Fayol
C)Henry Mintzburg
D)Martin Seligman and Mihaly Csikszentmihalyi
A)Frank Beamer
B)Henri Fayol
C)Henry Mintzburg
D)Martin Seligman and Mihaly Csikszentmihalyi
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39
___________ are the philosophical statements and beliefs managers use to allocate resources, provide consistent feedback to employees, make decisions, and foster organizational culture.
A)Values
B)Missions
C)Visions
D)All of the above
A)Values
B)Missions
C)Visions
D)All of the above
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40
"Positive Psychology" explores ways to help people recognize their positive traits or strengths, and nurture them to their full potential.
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41
A __________ approach to management can ensure than organizations are both effective in the short- and long-term.
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42
List and describe the four basic functions of management.
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43
The three forces that shape decision making, products and services, beliefs, and relationships with people inside and outside the organization are the organization's ____________, ____________, and ____________.
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44
Technical skills are most important for ________ managers.
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45
Managers are expected to continuously seek ways to increase ___________ and ____________ through other people and systems.
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46
Small organizations have between 100 and 500 employees.
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47
The textbook defines the "3 P's" as price, place, and promotion.
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48
Describe the three categories of Management Roles and give two examples of a specific role in each category.
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49
Understanding what motivates employee behavior and communicating effectively with a diverse team are more critical for a manager when the team experiences a setback.
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50
A manager's four major tasks are ____________, ____________ , ___________, and ___________.
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51
Organizational ________ are beliefs that shape employee and organizational behaviors and are intended to be timeless.
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52
Leading is the process of monitoring activities, measuring results and comparing them with goals, and correcting performance when necessary.
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53
__________ ____________ are groups formed to enhance one's college experience through academic, political, religious, sports, environmental, and social action.
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54
The latest organizational behavioral research has shown that there is a notable shift in organizations from a traditional _____________ model to a more sustainable one.
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55
A ___________ ___________ is a newly formed organization with limited or no operational history.
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56
The traditional view of management sees the management functions as separate steps in a linear process.
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57
Traditional organizations are formed ____________ to ensure lines of communication, authority, and reporting responsibilities are clear to everyone.
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58
His ability to write wonderful melodies and perfect lyrics were Cole Porter's ___________.
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59
Habitat for Humanity, Red Cross, and United Way are all examples of a(n) _______________ organization
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60
A _________ __________ is an organization that increases its annual revenue faster than its competitors.
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