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Exam (elaborations)

MAN 3025 Exam 1 With Complete Solutions Latest Update

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  • MAN3025
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  • MAN3025

MAN 3025 Exam 1 With Complete Solutions Latest Update

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  • August 4, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MAN3025
  • MAN3025
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MAN 3025 Exam 1 With Complete Solutions Latest
Update

Organization - correct answers a group of people who work together to achieve some specific purpose



management - correct answers the pursuit of organizational goals efficiently and effectively by integrating the work of
people through planning, organizing, leading and controlling the organization's resources



efficiency - correct answers means to use resources-people, money raw materials, and the like - wisely and cost
effectively



effectiveness - correct answers means to achieve results, to make the right decisions and to successfully carry them out
so that they achieve the organization's goals



planning - correct answers setting goals and deciding how to achieve them



organizing - correct answers arranging tasks, people, and other resources to accomplish the work



leading - correct answers motivating, directing, and otherwise influencing people to work hard to achieve the
organization's goals



controlling - correct answers monitoring performance, comparing it with goals, and taking corrective action as needed



competitive advantage - correct answers the ability of an organization to produce goods or services more effectively
than competitors do, thereby outperforming them



innovation - correct answers finding ways to deliver new or better goods or services



sustainability - correct answers economic development that meets the needs of the present without compromising the
ability of future generations to meet their own needs

, top managers - correct answers make long-term decisions about the overall direction of the organization and establish
the objectives, policies, and strategies for it



middle managers - correct answers implement the policies and plans of the top managers above them and supervise and
coordinate the activities of the first-line managers below them



first line managers - correct answers make short-term operating decisions, directing the daily tasks of non-mangerial
personnel



team leader - correct answers a manager who is responsible for facilitating team activities toward achieving key results



functional manager - correct answers responsible for just one organizational activity



general manager - correct answers responsible for several organizational activities



for-profit organization - correct answers goal is to make money, or profits, by offering products or services



non-profit organization - correct answers their purpose is to offer services to some clients, not to make a profit



technical skills - correct answers consist of the job-specific knowledge needed to perform well in a specialized field



conceptual skills - correct answers consist of the ability to think analytically, to visualize an organization as a whole and
understand how the parts work together



human skills - correct answers consist of the ability to work well in cooperation with other people to get things done



soft skills - correct answers the ability to motivate, to inspire trust, to communicate with others - are necessary for
managers of all levels

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