One way to think of ______ is "the art of getting things done through people."
A. supervision
B. motivation
C. management
D. leadership
E. strategy correct answers management
The pursuit of organizational goals efficiently and effectively by integrating the work of
people through planning,...
MGT 300 Test 1 MCQ || QUESTIONS & ANSWERS
100% CORRECT!!!
One way to think of ______ is "the art of getting things done through people."
A. supervision
B. motivation
C. management
D. leadership
E. strategy correct answers management
The pursuit of organizational goals efficiently and effectively by integrating the work of
people through planning, organizing, leading, and controlling the organization's resources is
called
A. employment.
B. career planning.
C. competitive advantage.
D. management.
E. strategic planning. correct answers management.
A group of people who work together to achieve some specific purpose is/are called
A. managers.
B. a collaboration.
C. a team.
D. an organization.
E. a community. correct answers an organization.
Elian, a manager at a busy restaurant, was very careful about how he scheduled his
personnel, making sure everyone was busy during work, and he carefully watched his other
costs too, getting competitive bids from suppliers on a regular basis. Elian would best be
described as a(n) _____ manager.
A. efficient
B. ethical
C. innovative
D. effective
E. micro correct answers efficient
To be ______ as a manager means to make the right decisions and successfully carry them
out to achieve goals.
A. productive
B. ethical
C. efficient
D. effective
E. innovative correct answers effective.
The _________ effect states that your influence on the organization is multiplied far
beyond the results that can be achieved by just one person acting alone.
A. proliferation
B. multiplier
C. managerial
,D. halo
E. additive correct answers multiplier.
According to a Fortune article, the scarcest, most valuable resource in business is not
financial capital but
A. renewable resources.
B. government support.
C. highly innovative technology.
D. a young workforce.
E. skilled effective managers. correct answers skilled effective managers.
Which of the following is the most likely payoff of studying management as a discipline?
A. You will understand how to brand your organization.
B. You will understand how to relate to and interact with your supervisors and co-workers.
C. You will understand how to manage to your family and close friends much better.
D. You will understand how to deal with the media in a crisis.
E. You will understand how to advance your career without guilt. correct answers You will
understand how to relate to and interact with your supervisors and co-workers.
Which of the following is NOT a reward for practicing management?
A. You can build a catalog of successful products or services.
B. You and your employees can experience a sense of accomplishment.
C. You can stretch your abilities and magnify your range.
D. You can be rewarded money and status for your efforts.
E. You can become exempt from many of society's ethical standards. correct answers You
can become exempt from many of society's ethical standards.
Which of the following is a challenge facing managers today?
A. Maintaining good records of what worked in the past
B. Dealing with a static, immobile environment
C. Staying ahead of competitors through corporate espionage
D. Managing to achieve the manager's own happiness and life goals
E. Collaborating with competitors correct answers Managing to achieve the manager's own
happiness and life goals
Indra is a new manager for a software company, and she doesn't like to be bored at work. But
neither does she enjoy _____, such as when she had to explain the new product her team is
developing to the CEO and several board members. As psychologist Csikzentmihalyi
predicts, her ideal state would be an emotional zone between the two.
A. overload
B. anxiety
C. immodesty
D. fear
E. pressure correct answers anxiety
The ability of an organization to produce goods or services more effectively than its
competitors is called its
A. competitive advantage.
B. quality.
C. efficiency.
,D. innovation.
E. effectiveness. correct answers competitive advantage.
In seeking competitive advantage, the first law of business is
A. take care of your shareholders.
B. take care of your stakeholders.
C. take care of the customer.
D. take care of the environment.
E. take care of your employees. correct answers take care of the customer.
Which of the following is NOT an area in which an organization must stay ahead of its
competitors to achieve competitive advantage?
A. Market share growth
B. Being responsive to customers
C. Innovation
D. Quality
E. Efficiency correct answers Market share growth
Finding ways to deliver new or better goods or services is called
A. advancement.
B. streamlining.
C. innovation.
D. efficiency.
E. quality control. correct answers innovation.
Customers are likely to put up with ______ only if your organization is the only one of its
kind.
A. modest levels of innovation
B. computerized customer service
C. poor quality products
D. e-commerce transactions
E. lack of environmental policies correct answers poor quality products
Which of the following is the most likely reason for the decline in fortunes of American
newspapers, an inability to exploit their competitive advantage?
A. A poorer standard for news gathering
B. Relying too heavily on advertising, rather than customer subscriptions, for revenue
C. Decline in newspaper readership over the last 70 years
D. Preference of customers for getting news in a digital format
E. An increase in salaries and material costs within the industry correct answers Relying too
heavily on advertising, rather than customer subscriptions, for revenue
By midcentury, the percentage of Hispanics (of any race) in the population is expected to
_____, and the percentage of non-Hispanic whites is expected to _____.
A. stay the same; increase
B. increase; decrease
C. decrease; increase
D. increase; stay the same
E. stay the same; decrease correct answers increase; decrease
, The concept of a "flat" world means
A. employees are learning to suppress negative emotion in the workplace.
B. corporations are developing a preference for a new, flatter organizational structure.
C. a recession now slows the economies of most nations simultaneously.
D. globalization has leveled the playing field for emerging economies.
E. business people are now more conservative in their approach to investment correct
answers globalization has leveled the playing field for emerging economies.
Many advantages have been linked to e-business, but studies show that employees are less
productive when dealing with excessive ______ volume.
A. videoconferencing
B. meeting
C. email
D. telecommuting
E. collaborative computing correct answers email
Mariana is in charge of planning and hosting the monthly all-company meeting, and creating
an updated webpage for employees as follow-up. She gathers important happenings, new
project information, changes to schedules or other plans, and requests additional items from
the staff. Holding these meetings and creating the employee webpage are a form of
A. information management.
B. e-management.
C. project management.
D. knowledge management.
E. morale management. correct answers knowledge management.
As a sales manager, you would have to decide how much you should allow your sales rep to
criticize the competition. This is an example of the challenge of managing for
A. your own happiness.
B. globalization.
C. ethical standards.
D. sustainability.
E. diversity. correct answers ethical standards.
Economic development that meets the needs of the present without compromising the ability
of future generations to meet their own needs is known as
A. environmentalism.
B. globalization.
C. ethics.
D. the bottom line.
E. sustainability. correct answers sustainability.
The company's culture most directly affects
A. a manager's happiness.
B. the number of competitors a firm has.
C. the number of products a company makes.
D. the amount charged for the firm's products or services.
E. the education of the workforce. correct answers a manager's happiness.
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