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MGT 300 Exam 1 (Chapters 1, 2, 3 & 4) QUESTIONS AND ANSWERS 100% VERIFIED!! $11.19   Add to cart

Exam (elaborations)

MGT 300 Exam 1 (Chapters 1, 2, 3 & 4) QUESTIONS AND ANSWERS 100% VERIFIED!!

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  • Course
  • MGT 300
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  • MGT 300

6 Parts of the Management Process correct answers 1. Input 2. Planning 3. Organizing 4. Leading 5. Controlling 6. Output Controlling correct answers the process of determining the ways and means of following-up to ensure that actual performance is leading to goal attainment. Output ...

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  • August 29, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGT 300
  • MGT 300
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MGT 300 Exam 1 (Chapters 1, 2, 3 & 4) QUESTIONS
AND ANSWERS 100% VERIFIED!!
6 Parts of the Management Process correct answers 1. Input
2. Planning
3. Organizing
4. Leading
5. Controlling
6. Output

Controlling correct answers the process of determining the ways and means of following-up
to ensure that actual performance is leading to goal attainment.

Output correct answers Efficient & effective performance, Products and/or services desired
by customers

Leading correct answers refers to utilizing influence to motivate employees to achieve goals.

Organizing correct answers the management function of determining the resources and
activities required to achieve the organization's objectives and combining them to create a
formal structure, assigning responsibility, and delegating authority to carry out assignments

Planning correct answers the process of setting goals and determining the actions necessary
to attain them. Thus, planning involves determining the "what" and the "how."

Input correct answers Human Capital, Financial Capital, Raw Materials, Technological,
Information

What are the levels of management? correct answers 1. Top
2. Middle
3. First-Line

Top Management correct answers CEO's, CIO's, Presidents

Middle Management correct answers VP, Division Heads, Directors

First-Line Management correct answers Supervisors, Foreman, Team Leaders, Coaches

What are the Organizational Functions & Management Types? correct answers 1. Primary
Functions
2. Support Functions
3. General/Functional Managers

What are the Primary Functions? correct answers 1. Operations: production, manufacturing,
or the generation of service
2. Marketing: distribution, promotion, sales
3. Finance: acquisition and use of funds, budgeting

, Support Functions correct answers Organizational functions necessary to keep the primary
organizational functions operating effectively.

General/Functional Managers correct answers Managers responsible for any one primary of
support function, such as human resources.

What are the Managerial Skills? correct answers 1. Conceptual
2. Technical
3. Human Relations

What are Conceptual Skills? correct answers The mental ability acquire, analyze and interpret
information received and various sources and to make complex decisions.

What are Technical Skills? correct answers include the ability to use the knowledge, tools,
and techniques of a specific discipline or field,

What are Human Relations Skills? correct answers The ability required to understand other
people and interact effectively with them.

What are the Managerial Roles? correct answers 1. Interpersonal
2. Informational
3. Decisional

Interpersonal Roles correct answers Involves working directly with other people. Ex.
Superiors, peers

Informational Roles correct answers Require a manager to receive important information and
disseminate it among the appropriate people (stakeholders).

Decisional Roles correct answers Involves making decisions that affect people Ex. employees
and customers.

What are the Interpersonal Roles? correct answers 1. Figurehead
2. Leader
3. Liaison

Figurehead correct answers Performs ceremonial activities, attends social functions, greet
visitors. (Attends annual meeting)

Leader correct answers Motivates, encourages, and builds enthusiasm among employees.
(Visits stores and employees.)

Liaison correct answers Serves as connecting link with important others outside the unit or
organization. Ex. (Interacts with the government officials to influence legislation)

What are the Informational Roles? correct answers 1. Monitor
2. Disseminator
3. Spokesperson

Monitor correct answers Seeks out and receives relevant information

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