MGMT 339 Exam 1 CSUF | Questions with 100% Correct Answers The role of Management? 3. 1) Guide organizations toward goal accomplishment 2) Assigning effective activities 3) Working through other people and resources Definition of Management? 3. 1) A process to accomplish organizational goals 2) ...
The role of Management? 3.
1) Guide organizations toward goal accomplishment
2) Assigning effective activities
3) Working through other people and resources
Definition of Management? 3.
1) A process to accomplish organizational goals
2) Utilizing a cumulative body of information
3) Career devoted to guiding and directing organizations
What are the 4 functions of Management?
1) Planning
2) Organizing
3) Influencing
4) Controlling
What are the 4 organizational resources?
1) Human
2) Monetary
3) Raw Materials
4) Capital
What are the 3 types of management skills?
1) Technical
2) Human
3) Conceptual
What type of skills do top management need?
Conceptual and human
What type of skills do middle mgmt need?
Human, conceptual, and technical
What type of skills do lower mgmt need?
Technical skills and human
What are the 4 stages of a career?
1) Exploration
2) Establishment
3) Maintenance
, 4) Decline
What is the definition of planning?
The systematic development of action plans aimed at reaching objectives by analyzing,
evaluating, and selecting foreseen opportunities
What are the advantages of planning?
1) Forces managers to think about the future
2) Improves coordination of decisions
3) Emphasizes organizational objectives
4) Helps greatly in the creation of a new business
What are the disadvantages of planning?
Takes a lot of time
What are the two types of plans?
1) Standing plan
2) Single use plan
What is a standing plan?
Used over and over again because it focuses on situations that occur repeatedly
What is a single use plan?
Used to carry out a special project, not to be repeated
What are the 5 steps of the planning process?
1) State organizational objectives
2) List alternative ways of reaching objective
3) Choose best alternative
4) Develop a plan (short or long range)
5) Put into action
What are the 3 types of time related objectives?
1) Long term
2) Intermediate term
3) short term
How long is a long term objective?
5-7 years
How long is a intermediate term objective?
1-5 years
How long is a short term objective?
1 year or less
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