100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MGT103 1045 Questions and Answers $15.99   Add to cart

Exam (elaborations)

MGT103 1045 Questions and Answers

 5 views  0 purchase
  • Course
  • MGT 103
  • Institution
  • MGT 103

MGT103 1045 Questions and Answers

Preview 4 out of 461  pages

  • August 4, 2024
  • 461
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGT 103
  • MGT 103
avatar-seller
ExamArsenal
MGT103 1045 Questions
and Answers

1. _____ can be defined as a set of activities directed at an organization's resources,

with the aim of achieving

organizational goals in an efficient and effective manner.

a. Economics

b. A theory

c. Management

d. Self-dealing

e. Divestment


✓✓~ c




2. Which of the following helps make the management process efficient?

a. Increasing overhead production costs

b. Using resources in a cost-effective manner

c. Making management decisions independently of the organization's external

environment

,d. Using the majority of resources for sales promotion activities

e. Using micromanagement techniques


✓✓~ b




3. A management process is considered to be effective when:

a. overhead production costs are increased.

b. the right decisions are made and implemented.

c. decisions are made independently of the organization's external environment.

d. the same amount of resources are allocated to all the functions of the

organization.

e. the organization is highly centralized.


✓✓~ b




4. One of the titles found in the group of middle managers is

a. director.

b. vice president.

c. supervisor.

d. office manager.

e. plant manager.

,✓✓~ e




5. Which of the following statements about top managers is true?

a. They are the largest group of managers in most organizations.

b. They officially represent their organization to the external environment.

c. They primarily oversee the day-to-day operations of an organization.

d. They supervise and coordinate the activities of first-line managers.

e. They supervise and coordinate the activities of operating employees.


✓✓~ b




6. Which of the following is the role of top managers in an organization?

a. Overseeing day-to-day operations

b. Performing routine administrative tasks

c. Implementing plans of first-line managers

d. Creating organizational goals and overall strategy

e. Coordinating the work of first-line managers


✓✓~ d




7. _____ make decisions about activities such as investing in research and

development (R&D) and entering or

, abandoning various markets.

a. Division heads

b. Limited partners

c. First-line managers

d. Middle managers

e. Top managers


✓✓~ e




8. A common middle-management title is

a. chief executive officer (CEO).

b. division head.

c. supervisor.

d. office manager.

e. coordinator.


✓✓~ b




9. _____ are probably the largest group of managers in most organizations, and are

primarily responsible for

implementing the policies and plans of an organization.

a. Middle managers

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamArsenal. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83637 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.99
  • (0)
  Add to cart