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Mgt Chapter 1 Exam Questions and Answers 100% Pass $11.49
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Mgt Chapter 1 Exam Questions and Answers 100% Pass

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Mgt Chapter 1 Exam Questions and Answers 100% Pass What is Management - ANSWER -Management is coordinating work activities so that they are completed efficiently and effectively with and through other people what is effiency - ANSWER -getting the most output from the least amount of inputs or, ...

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  • December 19, 2024
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Mgt Chapter 1 Exam Questions and Answers 100%
Pass


What is Management - ANSWER ✔✔-Management is coordinating work activities so that they are

completed efficiently and effectively with and through other people


what is effiency - ANSWER ✔✔-getting the most output from the least amount of inputs or, as

management expert Peter Drucker explained, "Doing things right.


What is effectiveness? - ANSWER ✔✔-doing the right things"—that is, those work activities that will help

the organization reach its goals


What's the difference between efficiency and effectiveness? - ANSWER ✔✔-efficiency is about ways to get

things done, effectiveness deals with the ends, or attaining organizational goals


Define Manager - ANSWER ✔✔-someone who works with and through other people by coordinating

their work activities in order to accomplish organizational goals.


Define what an organization is - ANSWER ✔✔-a deliberate arrangement of people brought together to

accomplish some specific purpose.


What are the three characteristics of organizations and define what they do - ANSWER ✔✔-The three

characteristics are goals, people, and structure.




Goals have a distinct purpose




People in an organization have to work to achieve those goals

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organization is structured in some way that defines and limits the behaviour of its members.


Define Nonmanagerial employees - ANSWER ✔✔-people who work directly on a job or task and have no

responsibility for overseeing the work of others.


Define top managers - ANSWER ✔✔-those at or near the top of an organization. They're usually

responsible for making decisions about the direction of the organization and defining policies and values

that affect all organizational members. Top managers typically have titles such as vice-president,

president, chancellor, managing director, chief operating officer, chief executive officer, or chairperson of

the board


Define Middle Managers - ANSWER ✔✔-


Define Lower-level managers - ANSWER ✔✔-Managers who are at the lowest level of the organization.


Define first-line managers - ANSWER ✔✔-individuals responsible for directing the day-to-day activities

of non-managerial employees. First-line managers are often called supervisors, shift managers, office

managers, department managers, or unit coordinators


Define Team leaders - ANSWER ✔✔-individuals who are responsible for managing and facilitating the

activities of a work team


Define Private Sector - ANSWER ✔✔-Part of the company run by organizations that are free from direct

government control


Define Publicly held - ANSWER ✔✔-their shares are available on the stock exchange for public trading.


Define privately held organizations - ANSWER ✔✔-An organization who's shares are not available on

the stock exchange




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