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Management 310 LaTech Exam 1 Haynie || with 100% Errorless Solutions.

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  • Course
  • Management 310
  • Institution
  • Management 310

Four Functions of management correct answers planning, organizing, leading, controlling Management correct answers defined as (1) the pursuit of organizational goals efficiently and effectively by (2) integrating the work of people through (3) planning, organizing, leading, and controlling the o...

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  • August 27, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Management 310
  • Management 310
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Management 310 LaTech Exam 1 Haynie || with 100%
Errorless Solutions.
Four Functions of management correct answers planning, organizing, leading, controlling

Management correct answers defined as (1) the pursuit of organizational goals efficiently and
effectively by (2) integrating the work of people through (3) planning, organizing, leading, and
controlling the organization's resources.

3 broad skills managers need correct answers technical skills, conceptual and decision skills,
interpersonal and communication skills

technical skills correct answers the ability to perform a specialized task involving a particular
method or process

Conceptual and decision skills correct answers Ability to identify and resolve problems for the
benefit of the organization and its members

interpersonal and communication skills correct answers Ability to lead, motivate, and
communicate effectively with others, soft skills

Three roles that all managers perform correct answers interpersonal roles, informational roles,
decisional roles

Four different levels of management correct answers Top level managers, Middle-level
managers, Frontline managers, and Team leaders

Major challenges facing manager correct answers Globalization
Technological change
The importance of knowledge and ideas
Collaboration across organizational boundaries
Increasingly diverse labor force

Seven Challenges to Being an Exceptional Manager correct answers 1. Managing for
competitive advantage
2. Managing for diversity
3. Managing for globalization
4. Managing for information technology
5. Managing for ethical standards
6. Managing for sustainability
7. Managing for your own happiness and life goals

Sources of Competitive Advantage correct answers Innovation, Quality, Service, Speed, Cost
Competitiveness

, innovation correct answers the introduction of new goods and services
Often the most important innovation is not the product itself, but how it is delivered.

quality correct answers Quality is the excellence of your product (goods or services).
Historically, quality referred to attractiveness, lack of defects, reliability, and long-term
dependability

Service correct answers the dependability with which an organization delivers what customers
want

Speed correct answers fast and timely execution, response, and delivery of results

cost competitiveness correct answers Keeping costs low to achieve profits and be able to offer
prices that are attractive to consumers.

case studies correct answers In depth description of a single company or industry
Involve a great deal of detail about the topic being studied, but difficult to generalize to other
areas

meta-analysis correct answers Technique used to summarize what other researchers have found
on a given topic
Variables from several studies are weighted and analyzed to determine if the effect holds or not

Systematic Management correct answers a classical management approach that attempted to
build into operations the specific procedures and processes that would ensure coordination of
effort to achieve established goals and plans

Scientific Management correct answers A classical management approach that applied scientific
methods to analyze and determine the "one best way" to complete production tasks.
Introduced by Frederick Taylor

Taylor's four principles of scientific management correct answers Management should develop a
precise, scientific approach for each element of one's work.
Management should scientifically select, train, teach, and develop each worker.
Management should cooperate with workers.
Management should ensure an appropriate division of work and responsibility.

Henry L. Gantt correct answers worked with and became a protégé of Frederick Taylor.
He expanded on the piece-rate system by suggesting that frontline supervisors should receive a
bonus for each of their workers who completed their assigned daily tasks.
Gantt is also known for creating the Gantt chart, which helps employees and managers plan
projects by task and time to complete those tasks.

Frank and Lillian Gilbreth correct answers used "motion studies" to identify and remove wasteful
movements so workers could be more efficient and productive.

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