package deal of MGT Exam with 100% correct solutions 2024/2025

Management - correct answer -The process of working with people and resources to accomplish organizational goals -Efficiently, effectively The Four Functions of Management - correct answer Planning Organizing Leading Controlling Planning - correct answer Specifying goals and deciding the a...

organization - correct answer social structures created by individuals to support the collaborative pursuit of specific goals organizational behavior - correct answer explaining human behavior in organizations, including examining behavior of individuals, groups, or members of an organization as ...

Globalization - correct answer -A process of interaction and integration -Driven by international trade and investment and aided by information technology -Has effects on environment, culture, economic development and societies Time Management - correct answer The ability to use one's time e...

1. Management is the process of a. maintaining the status quo. b. planning, organizing and staffing, leading, and controlling. c. keeping labor from taking over. d. facilitating groups. - correct answer b 1. The purpose of a preventive (or pre-control) is to prevent a. existing problems fro...

Purpose of Management - correct answer to use these resources effectively and efficiently so that the objectives of the organization are achieved with a minimum of cost. - Efficiency, Effectiveness, Productivity Transactional Leaders - correct answer (Managers) get stuff done, kick the can down t...

Competitive Advantage Example: Google has a competitive advantage over Microsoft, Yahoo, and others competing in the online search and advertising business. - correct answer A firm that formulates and implements a strategy that leads to superior performance relative to other competitors in the sa...

planning, organizing, leading, controlling - correct answer four functions of management planning - correct answer determining organizational goals and a means for achieving them organizing - correct answer deciding where decisions will be made, who will do what jobs and tasks, and who will wo...

Management - correct answer attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources. Planning - correct answer the management function concerned with defining goals for future performance and how to at...