Exam 1: The Nature of Management

Managers in the ________ role not only make routine decisions in their jobs but also frequently engage in activities that explore new opportunities or start new projects.

In the context of an organization,identify the correct statement from the following.

Which of the following statements about globalization is NOT true?

________ involve having specialized knowledge about procedures,processes,and equipment.

Controlling is important but not a necessary managerial function.

When forming the strategy of the major units within an organization,managers should ________.

Matt is known to have substantial influence over his team.He has regular meetings with them to ensure that they do not lose sight of what they are trying to accomplish.He also motivates them to set challenging targets for themselves and achieve those targets.What role is Matt playing?

Of the four major functions of a manager,________ involves systematically integrating resources to accomplish tasks.

Decisional roles are relatively unimportant in managerial responsibilities.

A firm's reputation and its employees are both tangible resources.

As the manager of a waste recycling company,Ruth has been asked to attend a seminar on green living.At the seminar,she spends considerable time interacting with her colleagues from the industry and discussing the various events and innovations that are taking place.Ruth feels it is extremely important for her to remain updated with the developments in the industry.She is playing the ________ role.

As the general manager of a steel plant,Frederick Ivanovic has to divide his time between supervising the overall functioning of the plant,resolving conflicts between workers,preparing production reports,and meeting with his seniors to provide them with regular updates.This reflects the constraint dimension of management.

________ translates long-term plans into actions designed to achieve specific and shorter-term goals and objectives.

Technology and the attitudes of subordinates are considered to be the ________ of managerial jobs.

Daniel is the manager of a luxury resort in the Bahamas.It is his responsibility to ensure that his subordinates do all that it takes to meet customer requirements and make their stays memorable.As a result,when one of their major customers voiced his dissatisfaction with the receptionist at the front desk,Daniel decided to change the receptionist's shift while the guest was staying at the resort.His authority to make this change reflects the ________ aspect of a manager's job.

Identify and explain the four managerial functions.