Exam 7: Functions and Skills of Management
Exam 1: Business in the United States105 Questions
Exam 2: Economics and Banking110 Questions
Exam 3: Ethics and Social Responsibility117 Questions
Exam 4: Business in a Global Economy107 Questions
Exam 5: Entrepreneurs and Small Businesses111 Questions
Exam 6: Forms of Business Ownership108 Questions
Exam 7: Functions and Skills of Management97 Questions
Exam 8: Motivation, Leadership, and Teamwork95 Questions
Exam 9: Human Resources and Labor Relations109 Questions
Exam 10: Business Technology: Management Information Systems95 Questions
Exam 11: Production and Operations Management100 Questions
Exam 12: Marketing and Consumer Behavior119 Questions
Exam 13: Product Development and Pricing Strategies105 Questions
Exam 14: Promotion and Distribution127 Questions
Exam 15: Financing and Tracking Business Operations110 Questions
Exam 16: Securities and Investments112 Questions
Exam 1: Mini E-Commerce43 Questions
Exam 2: Mini Constructing a Successful Business Plan44 Questions
Exam 3: Mini Business Communications30 Questions
Exam 4: Mini Finding Employment28 Questions
Exam 5: Mini Personal Finance34 Questions
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What are some of the aspects of internal and external communication in contingency planning?
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(Essay)
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Correct Answer:
Internally, management must inform its employees how they should continue to do their jobs. Externally, an organization must have a plan in place to deal with requests for information either from employees or their families, or even the media. The company will have to determine what departments are vital to the immediate needs in an unexpected crisis and that must be communicated.
What represents the highest level of planning in an organization?
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Correct Answer:
A
Which of these falls directly under the responsibility of first-line managers?
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Correct Answer:
B
In a ________ or ________ organization the traditional managerial pyramid is flattened and the management layers are collapsed.
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________ organization usually calls for long lines of communication and "reporting up."
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Conditions that could negatively affect a company's competitive capability are called ________.
(Multiple Choice)
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Managers do not need to be comfortable with technology because they can delegate those tasks to their information technology (IT)staff.
(True/False)
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Almost all businesses are organized the same way, in a vertical, hierarchical structure.
(True/False)
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Explain at least three ways that the vision and mission statement are critically important for an organization.
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Companies that need to be as flexible and innovative as possible, to respond quickly to threats and opportunities, to save time, and to reduce costs and risks will be most successful with a ________ structure.
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In an organizational chart for a company, training will generally fall under what division?
(Multiple Choice)
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A ________ is a graph that displays the values of two variables to see if there is a relationship between the variables.
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Reebok only designs and markets its products. The company does not produce any products. This is an example of ________.
(Multiple Choice)
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When Ford Motor Company formed management groups around areas of specific production, it was using a ________ organization structure.
(Multiple Choice)
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Which of the following types of plans represents a set of instructions for employees?
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What does an analysis of a company's strengths, weaknesses, opportunities, and threats help determine?
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Once long-term goals and objectives have been determined, middle management generates ________.
(Multiple Choice)
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Which of the following would NOT be considered a middle manager?
(Multiple Choice)
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If a computer virus spreads rapidly through a company's computer system and threatens to shut down all internal and external lines of communication, the company will likely put a ________ into effect.
(Multiple Choice)
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