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MGT 103 - CHAPTER 1 2024 LATEST UPDATE [MOST TESTED QUESTIONS] CERTIFIED EXAM PRACTICE/COMPREHENSIVE QUESTIONS AND CORRECT ANSWERS GRADED A+,,,Alpha CA$24.57   Add to cart
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MGT 103 - CHAPTER 1 2024 LATEST UPDATE [MOST TESTED QUESTIONS] CERTIFIED EXAM PRACTICE/COMPREHENSIVE QUESTIONS AND CORRECT ANSWERS GRADED A+,,,Alpha

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MGT 103 - CHAPTER 1 2024 LATEST UPDATE [MOST TESTED QUESTIONS] CERTIFIED EXAM PRACTICE/COMPREHENSIVE QUESTIONS AND CORRECT ANSWERS GRADED A+,,,Alpha

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  • June 16, 2024
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  • 2023/2024
  • Exam (elaborations)
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  • mgt 103 chapter 1

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MGT 103 - CHAPTER 1
2024 LATEST UPDATE


[MOST TESTED QUESTIONS] CERTIFIED EXAM
PRACTICE/COMPREHENSIVE QUESTIONS AND
CORRECT ANSWERS GRADED A+




Which of the following helps make the management
process efficient?
a. Increasing overhead production costs
b. Using resources in a cost-effective manner
c. Making management decisions independently of the
organization's external environment
d. Using the majority of resources for sales promotion
activities. Using micromanagement techniques -
(correct answer) B


A management process is considered to be effective
when:

,a. overhead production costs are increased.
b. the right decisions are made and implemented.
c. decisions are made independently of the organization's
external environment.
d. the same amount of resources are allocated to all the
functions of the organization.
e. the organization is highly centralized. - (correct
answer) B
Chap 1 _____ can be defined as a set of activities
directed at an organization's resources, with the aim of
achieving organizational goals in an efficient and
effective manner.
a. Economics
b. A theory
c. Management
d. Self-dealing
e. Divestment - (correct answer) C

,One of the titles found in the group of middle managers
is
a. director.
b. vice president.
c. supervisor.
d. office manager.
e. plant manager - (correct answer) E


Which of the following statements about top managers is
true?
a. They are the largest group of managers in most
organizations.
b. They officially represent their organization to the
external environment.
c. They primarily oversee the day-to-day operations of an
organization.
d. They supervise and coordinate the activities of first-
line managers.
e. They supervise and coordinate the activities of
operating employees. - (correct answer) B

, _____ make decisions about activities such as investing
in research and development (R&D) and entering or
abandoning various markets.
a. Division heads
b. Limited partners
c. First-line managers
d. Middle managers
e. Top managers - (correct answer) E


A common middle-management title is
a. chief executive officer (CEO).
b. division head.
c. supervisor.
d. office manager.
e. coordinator. - (correct answer) B


_____ are probably the largest group of managers in
most organizations, and are primarily responsible for

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