Exam 7: Management, Leadership, and the Internal Organization

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The basic purpose of directing is to evaluate the success of the planning function.

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The corporate culture of an organization is influenced by the leadership styles of its managers.

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________ is a perception of marketplace needs and the methods an organization can use to satisfy them.

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Deleting a product from the line is an example of a nonprogrammed decision.

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Differentiate among the three levels of management and their corresponding responsibilities.

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Hasim is a bank manager who believes his bank should expand nationally for greater profit and efficiency.Hasim is using his ________ skills.

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In an organization,authority and responsibility tend to move downward,while accountability moves upward.

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Middle managers develop detailed plans and procedures to implement the firm's strategic plans.

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When Capital One Financial utilized its extensive database to customize its credit card operation,the company was in the ________ phase of planning.

(Multiple Choice)
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The first step in the organizing process is to group work activities in a logical pattern or structure.

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The quality control team at a steel company recently implemented a strategy to reduce product defects.What is its next step?

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An organization's system of principles,beliefs,and values is called ________.

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Hewlett Packard (HP)is subdivided by its different lines (such as laptops,desktops,mobile devices,printers,and servers).HP is departmentalized by ________.

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Leadership involves the use of power.

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Firms organized around business functions such as finance,marketing,and production have process departmentalization.

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Management is the process of achieving ________ through people and other resources.

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Describe three personal qualities found in great leaders.

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Via Rail Canada has plans in place to reroute trains in the event that floods or other natural disasters close some of the railroad's tracks.This is an example of ________ planning.

(Multiple Choice)
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The set of relationships that indicates who gives directions to whom and who reports to whom is known as the ________.

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_____ includes positions such as CEO and CFO;devotes most of their time developing long-range plans.

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