Question 1

The purpose of ________ is to better understand a company's internal strengths and weaknesses.

Accepted Answer

A)  environmental analysis 
B)  product analysis 
C)  human resource analysis 
D)  organizational analysis 
A)  environmental analysis 
B)  product analysis 
C)  human resource analysis 
D)  organizational analysis

Question 2

Hewlett Packard's decision to move towards a more centralized structure is an example of ________.

Accepted Answer

A)  planning 
B)  leading 
C)  organizing 
D)  controlling 
A)  planning 
B)  leading 
C)  organizing 
D)  controlling

Question 3

Steve motivates employees by rewarding them with additional vacation when standards are achieved.He's involved in the management function of ________.

Accepted Answer

A)  leading 
B)  controlling 
C)  planning 
D)  organizing 
A)  leading 
B)  controlling 
C)  planning 
D)  organizing

Question 4

Which of the following functions encompasses the development,pricing,promotion and distribution of goods and services?

Accepted Answer

A)  management 
B)  information systems 
C)  marketing 
D)  finance 
A)  management 
B)  information systems 
C)  marketing 
D)  finance

Question 5

Planning is the management process of ________.

Accepted Answer

A)  guiding and motivating employees to meet organizational objectives 
B)  determining how best to arrange an organization's resources into a coherent structure 
C)  scanning the business environment for threats and opportunities 
D)  determining what an organization needs to do and how best to get it done 
A)  guiding and motivating employees to meet organizational objectives 
B)  determining how best to arrange an organization's resources into a coherent structure 
C)  scanning the business environment for threats and opportunities 
D)  determining what an organization needs to do and how best to get it done

Question 6

What are the four functions of the management process?

Accepted Answer

The four functions o

Question 7

Contingency planning is planning for ________.

Accepted Answer

A)  disasters 
B)  environmental analysis 
C)  change 
D)  organizational analysis 
A)  disasters 
B)  environmental analysis 
C)  change 
D)  organizational analysis

Question 8

The titles supervisor,office manager,and group leader are examples of which of the following levels of management?

Accepted Answer

A)  top management 
B)  middle management 
C)  first-line management 
D)  operations management 
A)  top management 
B)  middle management 
C)  first-line management 
D)  operations management

Question 9

Titles such as plant manager,operations manager,and division manager designate which of the following levels of management?

Accepted Answer

A)  first-line managers 
B)  middle managers 
C)  top managers 
D)  supervisors 
A)  first-line managers 
B)  middle managers 
C)  top managers 
D)  supervisors

Question 10

Which of the following levels of management spend most of their time working with and supervising the employees who report to them?

Accepted Answer

A)  first-line managers 
B)  middle managers 
C)  top managers 
D)  chief executive officers 
A)  first-line managers 
B)  middle managers 
C)  top managers 
D)  chief executive officers

Question 11

Discuss the three broad levels of strategy that organizations may implement.

Accepted Answer

Organizations may set corporate,business

Question 12

E-mail,video-conferencing,and other forms of communication are breaking down bureaucracies,and the decision-making process is benefiting from group building and team-work.

Accepted Answer

A) True 
 B)False

Question 13

Why is controlling an important activity for managers?

Accepted Answer

Controlling is the process of

Question 14

Through ________,an organization maintains an effective alignment with its environment.

Accepted Answer

A)  maximizing sales 
B)  strategic management 
C)  corporate culture 
D)  organizational structure 
A)  maximizing sales 
B)  strategic management 
C)  corporate culture 
D)  organizational structure

Question 15

A contingency plan will be more efficient if managers decide in advance what to do in case business falls below planned levels.

Accepted Answer

A) True 
 B)False

Question 16

Goals set for a period of one to five years are referred to as ________.

Accepted Answer

A)  long-term goals 
B)  intermediate goals 
C)  short-term goals 
D)  tactics 
A)  long-term goals 
B)  intermediate goals 
C)  short-term goals 
D)  tactics

Question 17

When Kodak adopts a goal of increasing its share of the 35mm film market by 10 percent during the next eight years,it is called a(n)________.

Accepted Answer

A)  short-term goal 
B)  intermediate goal 
C)  tactical 
D)  long-term goal 
A)  short-term goal 
B)  intermediate goal 
C)  tactical 
D)  long-term goal

Question 18

Short Case Scenario 5-1
Donna Hamilton is excited to open her own restaurant, the Westminster Inn. Although Donna has worked as a chef and even managed a number of restaurants during her career, she is concerned that she gets off to a good start. Donna spends several weeks before the restaurant opens setting goals.
-After planning,what is the next step in the management process? What will Donna need to do?

Accepted Answer

After planning,the next step in the mana

Question 19

Leading is the management process of ________.

Accepted Answer

A)  guiding and motivating employees to meet organizational objectives 
B)  determining how to arrange a firm's resources into a coherent structure 
C)  scanning the business environment for threats and opportunities 
D)  monitoring a firm's performance to ensure that it is meeting its goals 
A)  guiding and motivating employees to meet organizational objectives 
B)  determining how to arrange a firm's resources into a coherent structure 
C)  scanning the business environment for threats and opportunities 
D)  monitoring a firm's performance to ensure that it is meeting its goals

Question 20

Corporate culture is largely a result of state and local laws and regulations.

Accepted Answer

A) True 
 B)False

The purpose of ________ is to better understand a company's internal strengths and weaknesses.

Hewlett Packard's decision to move towards a more centralized structure is an example of ________.

Steve motivates employees by rewarding them with additional vacation when standards are achieved.He's involved in the management function of ________.

Which of the following functions encompasses the development,pricing,promotion and distribution of goods and services?

Planning is the management process of ________.

What are the four functions of the management process?

Contingency planning is planning for ________.

The titles supervisor,office manager,and group leader are examples of which of the following levels of management?

Titles such as plant manager,operations manager,and division manager designate which of the following levels of management?

Which of the following levels of management spend most of their time working with and supervising the employees who report to them?

Discuss the three broad levels of strategy that organizations may implement.

E-mail,video-conferencing,and other forms of communication are breaking down bureaucracies,and the decision-making process is benefiting from group building and team-work.

Why is controlling an important activity for managers?

Through ________,an organization maintains an effective alignment with its environment.

A contingency plan will be more efficient if managers decide in advance what to do in case business falls below planned levels.

Goals set for a period of one to five years are referred to as ________.

When Kodak adopts a goal of increasing its share of the 35mm film market by 10 percent during the next eight years,it is called a(n)________.

Leading is the management process of ________.

Corporate culture is largely a result of state and local laws and regulations.

The U.S.Business Environment

Business Ethics and Social Responsibility

Entrepreneurship, New Ventures, and Business Ownership

The Global Context of Business

Organizing the Business

Operations Management and Quality

Employee Behavior and Motivation

Leadership and Decision Making

Human Resource Management and Labor Relations

Marketing Processes and Consumer Behavior

Pricing, Distributing, and Promoting Products

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters

Exam 5: Business Management

The purpose of ________ is to better understand a company's internal strengths and weaknesses.

Hewlett Packard's decision to move towards a more centralized structure is an example of ________.

Steve motivates employees by rewarding them with additional vacation when standards are achieved.He's involved in the management function of ________.

Which of the following functions encompasses the development,pricing,promotion and distribution of goods and services?

Planning is the management process of ________.

What are the four functions of the management process?

Contingency planning is planning for ________.

The titles supervisor,office manager,and group leader are examples of which of the following levels of management?

Titles such as plant manager,operations manager,and division manager designate which of the following levels of management?

Which of the following levels of management spend most of their time working with and supervising the employees who report to them?

Discuss the three broad levels of strategy that organizations may implement.

E-mail,video-conferencing,and other forms of communication are breaking down bureaucracies,and the decision-making process is benefiting from group building and team-work.

Why is controlling an important activity for managers?

Through ________,an organization maintains an effective alignment with its environment.

A contingency plan will be more efficient if managers decide in advance what to do in case business falls below planned levels.

Goals set for a period of one to five years are referred to as ________.

When Kodak adopts a goal of increasing its share of the 35mm film market by 10 percent during the next eight years,it is called a(n)________.

Leading is the management process of ________.

Corporate culture is largely a result of state and local laws and regulations.

The U.S.Business Environment

Business Ethics and Social Responsibility

Entrepreneurship, New Ventures, and Business Ownership

The Global Context of Business

Organizing the Business

Operations Management and Quality

Employee Behavior and Motivation

Leadership and Decision Making

Human Resource Management and Labor Relations

Marketing Processes and Consumer Behavior

Pricing, Distributing, and Promoting Products

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters