Exam 1: The Management Process Today

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What is organizational performance and what is its relationship with efficiency and effectiveness?

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What does the managerial function of controlling involve?

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Organizations that operate and compete in more than one country are known as ________ organizations.

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Which of the following describes organizational performance that results in a product that customers want, but that is too expensive for them to buy?

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Managers at all levels and in all departments are responsible for planning, organizing, leading, and controlling.

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George works as the human resource manager at Maddy's Confectionaries. It was mandatory for his subordinates to obtain his signature on every document related to the hiring of a new employee. When he realized that this was increasing the duration of the hiring process, he told his subordinates that they no longer needed his signature unless the hire involved extraordinary circumstances. This is an example of ________.

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In what order do managers typically perform the managerial functions?

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Explain the following terms: strategy, low-cost strategy, and differentiation strategy.

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Which of the following defines efficiency of a manager?

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The specific set of departmental skills, knowledge, and experience that allows one organization to outperform its rivals is known as the organization's ________.

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Fresh Farms, Inc., is facing financial problems. In order to tackle the situation, the management has decided to reduce the number of middle managers by 20 percent to help them cut costs. This is an example of ________.

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Restructuring results in the loss of jobs.

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The formal system of task and reporting relationships that coordinates and motivates organizational members so they work together to achieve organizational goals is called organizational ________.

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Organizations are efficient when managers maximize the amount of input resources.

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Which of the following describes the essential managerial task of leading in achieving organizational goals?

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Who among the following is most likely to be a part of the top management team?

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Being a part of top management at a large fast food chain, Donald is most likely to spend more of his time in ________.

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Which of the following is an appropriate definition of organizational performance?

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Low efficiency/low effectiveness situations include ________.

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Innovation takes place when management centralizes control of work activities and creates an organizational culture that precludes risk taking.

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