100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Management 301 Exam #2 Umass || with 100% Error-free Solutions. $12.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. Management 301
  4.  
  5. Management 301

Exam (elaborations)

Management 301 Exam #2 Umass || with 100% Error-free Solutions.
 0 purchase
  • Course
  • Management 301
  • Institution
  • Management 301

Organization correct answers A consciously coordinated social unit consisting of 1. a group of people 2. Working Together 3. In a division of labor 4. For a common purpose Manager correct answers The person responsible for the work performance of others Plan, organize, lead,, control Wh...

[Show more]

Preview 3 out of 18  pages

Document information

  • September 12, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • Management 301
  • Management 301

Seller

avatar-seller
FullyFocus

Reviews received

Content preview

Management 301 Exam #2 Umass || with 100% Error-free
Solutions.
Organization correct answers A consciously coordinated social unit consisting of
1. a group of people
2. Working Together
3. In a division of labor
4. For a common purpose

Manager correct answers The person responsible for the work performance of others
Plan, organize, lead,, control

What is Management? correct answers 1.The pursuit of organizational goals efficiently and
effectively by
2. Integrating the work of people through
3. Planning, organizing, leading, and controlling the firm's resources

Planning correct answers A process of defining goals, establishing strategy, and developing plans
to coordinate activities

A Plan is? correct answers Program of future activities designed to achieve objectives

Organizing correct answers The process of determining
1. What tasks are to be done
2. who is to do them
3. How the tasks are to be grouped
4. who reports to whom
5. where decisions are to be made

Leading correct answers Getting others to do things they otherwise would not do
Creating a common vision
motivation, inspiration, communication

Controlling correct answers Monitoring activities to ensure they are being accomplished as
planned and correcting any significant deviations
Step 1: Set Standards
Step 2: Measure Performance
Step 3: Compare actual to standards
Step 4: Take Corrective Action

Social Responsibility correct answers The obligation, beyond economic and legal, of a firm to
pursue long-terms goals that are good for society

The Classical View- Milton Friedman correct answers The first priority of business is to
maximize profits for the share holder

,The Socioeconomic View- Edward Freeman correct answers -Profit Maximization is the second
priority of business
The first is ensuring its survival

Morality correct answers Morality is an organized set of values about what is right and or wrong,
good and or bad

Ethics correct answers are norms that guide moral choices in our behavior and our relationships
with others
define standards or codes of behavior expected by the group to which the individual belongs

Morals correct answers Define personal character, while ethics stress a social system in which
those morels are applied

Lawrence Kohlberg believed and was able to demonstrate through studies that correct answers
People progressed in their moral reasoning (i.e., in their bases for ethical behavior) through a
series of stages.
He believed that there were six identifiable stages which could be more generally classified into
three levels.
The stages include growth from self-centeredness to other-centeredness.
The capacity to reason also grows from reliance on external authority - to fidelity - to
internalized values

Challenges of Being a exceptional manager correct answers Competitive advantage: Staying
ahead of rivals
Managing for diversity
globalization
information technology
ethical standards
sustainability - 'Green business'
our own happiness & life goals

Competitive advantage: Staying ahead of rivals correct answers Responsiveness to customers, b.
Innovation, c. quality, efficiency

Managing for Diversity correct answers Ethnic minorities: whites will decrease from 66% in
2008 to 46% by 2050; 20% of US citizens will be 65 years or older by 2030, will number 88 mill
by 2050 vs. up from 38 mill in 2008

Ethics correct answers Social standards of right and wrong that influence behavior

Values correct answers Relatively permanent and deeply held underlying beliefs and attitudes
that help determine a person'a behavior

, Corporate Social Responsibility correct answers The expectation society has of corporations to
engage in activities that go beyond their normal economic and legal obligations in order to
contribute to greater societal benefit

Carroll Theory correct answers Order of Carroll beliefs

Discretionary-be a good corp citizen
Ethical-be ethical
Legal- obey the law
Economic-be profitable

The New Diversified Work Place correct answers Diversity represents all the ways people are
unlike and alike in terms of
1. Age
2. Gender(glass ceiling)
3. Race/ethnicity
4. Religion
5. Sexual orientation
6. Ability
7 Socio-economic background

Barriers to Diversity correct answers Stereotypes and prejudicies, ethnocentrism
Fear of reverse discrimination
Resistance to diversity program priorities
Unsupportive social atmospheres
lack of support for family demands
lack of support for career-building steps

Pyramid Power: Levels and areas of management correct answers Top Managers
Middle Managers
First Line Managers
Non-managerial personnel

Top managers correct answers managers report to board

Middle Managers correct answers Managers report to him and also reporting to managers

First-Line Managers correct answers in charge of non managerial employees

Non managerial personnel correct answers do not manage anyone

Interpersonal roles correct answers Managers interact with people inside and outside their work
units.
Figurehead leader, liaison

Informational roles correct answers managers receive and communicate information

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 FullyFocus. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69052 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$12.99
  • (0)
Add to cart
Added