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MGT 300 CH 1 - Management and Manager Definition || CORRECTLY SOLVED!! CA$11.94   Add to cart
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MGT 300 CH 1 - Management and Manager Definition || CORRECTLY SOLVED!!
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  • MGT 300
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  • MGT 300

management correct answers is defined as the process of effectively and efficiently planning, organizing, leading, and controlling the activities of employees in combination with other resources to achieve organizational objectives. planning correct answers the what and how part of management - ...

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  • August 29, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • management

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  • MGT 300
  • MGT 300

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MGT 300 CH 1 - Management and Manager Definition ||
CORRECTLY SOLVED!!
management correct answers is defined as the process of effectively and efficiently planning,
organizing, leading, and controlling the activities of employees in combination with other
resources to achieve organizational objectives.

planning correct answers the what and how part of management - what are our goals and how
do we achieve them

organizing correct answers requires determining what resources are available and what
activities are required in order to achieve the company's objectives then using them to create
the formal structure, assign responsibilities and delegate authority to carry out assignments

leading correct answers utilizing influence to get people motivated to achieve goals

leadership is what type of process? correct answers it is reciprocal or two-way in that
involves a leader and a follower as well as instruction and feedback which may be verbal or
nonverbal

MBWA correct answers management by walking around employed by Sam Walton

controlling correct answers determining the ways and means of following-up to ensure actual
performance is leading to goal achievement

basic steps of control correct answers setting performance standards
determining methods of measuring performance
measuring performance
comparing performance with established standards
taking corrective action to bring performance into alignment with standards

effectiveness correct answers the ability to set and achieve goals

efficiency correct answers ability to achieve goals using the least amount of resources

managerial performance correct answers requires operating efficiently while being effective

management as science correct answers observe that a problem or opportunity exists, gather
data and potential courses of action, generalize potential outcomes, make decisions

management as art correct answers decision making based on personal judgment or intuition -
it involves knowing when to apply management concepts and when not to and is based on the
situation

universality of management correct answers states that the functions of management must be
performed by managers at all levels in all types of organizations - including business,
government, education, social, and religious - in all cultures of the world

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