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Fundamentals of Management Study Set 2
Exam 1: Understanding the Managers Job
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Question 81
Multiple Choice
Farmers can choose to buy and plant drought-tolerant seeds at greater expense than other seeds.The seed producers claim 5-15% increase in yield.Farmer Mitch Schaffner measures his yields and crop quality to analyze if the seeds are worth the expense.This represents which function of management?
Question 82
True/False
The marketing,production,and finance functions within Toyota are systems in their own right but are also subsystems within the overall organization.
Question 83
True/False
Apple is known for its cutting edge technology and rapid growth.Based on this information,Apple is an effective company.
Question 84
Multiple Choice
Amazon sold out of the Kindle Fire on-line a week before unveiling a new Kindle.The launch of the new Kindle coincided with the beginning of the holiday shopping season.This is an example of
Question 85
Not Answered
Why do managers study management history and theory?
Question 86
Multiple Choice
Winston interacts with his subordinates with ease,but he is often intimidated and uncomfortable with his superiors.Winston needs to develop his ____ skills.
Question 87
True/False
Managers who are able to see the overall relationships among their organization,its competitors,its suppliers,and the economy are said to have good technical skills.
Question 88
Multiple Choice
Interpersonal skills enable managers
Question 89
Short Answer
____________________ skills refer to the manager's ability to correctly recognize and define problems and opportunities and to then select an appropriate course of action to solve problems and capitalize on opportunities.
Question 90
Short Answer
If a manager has two employees who commit the same offense,but she realizes that she will have to take a different approach to correcting the behavior of each person,she obviously understands the concept of the ____________________ perspective.
Question 91
True/False
An example of a human resource is the stockholder who invests money in a corporation.
Question 92
Multiple Choice
How do top managers spend most of their time?
Question 93
True/False
Managers can be classified by both the level of the organization at which they work and the area in which they specialize.
Question 94
Multiple Choice
____ provide(s) a conceptual framework for organizing knowledge.
Question 95
Multiple Choice
Subsystems
Question 96
Multiple Choice
Which of the following persons is a manager?
Question 97
Multiple Choice
Julia assigns Jason a project to be completed and then holds periodic meetings with Jason to determine whether target dates for subparts of the project are being met.Which management function do these meetings represent?