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MGT 101 chapter 1 Questions with complete solution 2024/2025 $13.49
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MGT 101 chapter 1 Questions with complete solution 2024/2025
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MGT 101 chapter 1 Questions with complete solution 2024/2025 MGT 101 chapter 1 1. Management is the process of a. maintaining the status quo. b. planning, organizing and staffing, leading, and controlling. c. keeping labor from taking over. d. facilitating groups. - correct answer b 2....

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  • September 19, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
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MGT 101 chapter 1
1. Management is the process of
a. maintaining the status quo.
b. planning, organizing and staffing, leading, and controlling.
c. keeping labor from taking over.
d. facilitating groups. - correct answer ✔b


2. Crafting a strategic vision is typically the responsibility of a
a. first-level manager.
b. middle-level manager.
c. staff professional.
d. top-level manager. - correct answer ✔d


3. Three roles or activities within entrepreneurial work that arouse passion do
NOT include:
a. opportunity recognition
b. venture growth
c. human resources
d. venture creation - correct answer ✔c


4. Nick is a successful entrepreneur, so he probably emphasizes which of the
following dimensions in his work?
a. innovativeness
b. minimizing risks
c. reacting to events rather than being proactive
d. a love for the status quo - correct answer ✔a

, .5 On the job, Candice coordinates the work of a small group of people and
acts as a catalyst. Her job title is most likely
a. vice president.
b. CEO.
c. plant general manager.
d. team leader. - correct answer ✔d


An important role for the team leader is to
a. act as a catalyst and facilitator.
b. tightly control the work of team members.
c. set a strategic direction for the firm.
d. avoid interactions with team members. - correct answer ✔a


Sherri Jackson is a sales manager. She searches the Internet to find new
potential markets for her products. Jackson is most directly making use of
____ resources.
a. human
b. financial
c. physical
d. information - correct answer ✔d


8. Which function of management is most involved with energizing, directing,
activating, and persuading others?
a. leading
b. controlling
c. planning

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