Exam 1: Management Today

Global sourcing involves contracting for work to be performed in other countries.

Managers identify clear action priorities through __________.

The primary responsibility of the board of directors is to __________.

Trix International is a furniture company. It procures raw material from Africa, hires artisans from India, and sells the finished products all over the world. Trix International is engaged in __________.

A manager is held accountable by __________ and is dependent upon his or her __________.

Tom is responsible for a group of manufacturing assembly workers who report to him. Tom is a __________ manager.

Since much of what a manager needs to get done is beyond their individual capabilities, effective networking can often mean the difference between success and failure.

The moral standards of what is "good" and "right" behavior in organizations and in our personal lives are set by __________.

The four key functions of management are __________, __________, __________, and __________.

Refusing to hire or promote a person from a minority group for reasons other than their qualifications is an example of:

One controversial side effect to global sourcing is __________.

__________ is a code of moral principles that sets standards of conduct for what is "good" and "right" as opposed to "bad" or "wrong."

Pixz International is a multinational computer technology company based in the United States. It had outsourced the production of its microprocessors to China. Now Pixz International is moving its microprocessor production back to the United States. Pixz International is currently engaged in __________.

The upside-down pyramid view puts workers at the top of the organization.

Claire, the CEO of Berylia Inc., reports to James. James has been appointed by the stockholders of Berylia to represent their ownership interests. Hence, James is a part of the __________ of Berylia Inc.

Katz argues that managers need three essential skill sets to be successful, including __________, __________, and __________ skills.

In the traditional organization, accountability flows downward.

Which of the following skills is the least necessary to senior managers?

Through networking, managers build and maintain positive relationships with other people, ideally those whose help might be useful someday in fulfilling their agendas.

__________ is the ability to understand oneself, exercise initiative, accept responsibility, and learn from experience.