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Business Management Exam 1: Questions with Correct Answers 2025
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Business Management Exam 1: Questions with Correct Answers 2025
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Business Management Exam 1 Questionswith Correct Answers 2025
FourGManagementGFunctionsG-GCORRECTGANSWERG-1.GPlanning
2.GOrganizing
3.GLeadingG
4.GControlling
ManagementGSkillsG-GCORRECTGANSWERG-1.GConceptual-
GabilityGtoGseeGtheGorganizationGasGaGwholeGsystem
2.GHumanGSkills-GManagersGabilityGtoGworkGwithGtheGentireGgroup.G
3.GTechnicalGSkills-GUnderstandingGofGandGproficiencyGinGtheGperformanceGofGspecificGtasks.
DifferentGlevelsGofGmanagerG(Vertical)G-GCORRECTGANSWERG--TopGmanagerG-
GsettingGorganizationalGgoals,GdefiningGstrategiesGforGachievingGthem,GmonitoringGandGinterpretingGtheGex
ternalGenvironment
-MiddleGmanagersG-
GimplementingGtheGoverallGstrategiesGandGpoliciesGdefinedGbyGtopGmanagers,GconcerningGwithGtheGnearGfu
ture.
-First-lineGmanagersG-GProductionGofGgoodsGandGservices.
HorizontalGDifferencesG-GCORRECTGANSWERG-i.GFunctionalGmanagers
1.GResponsibleGforGaGdepartmentGthatGperformsGaGsingleGfunctionalGtask,GsuchGasGfinanceGorGmarketing
ii.GGeneralGmanagers
G
1.GResponsibleGforGseveralGdepartmentsGthatGperformGdifferentGfunctions,GsuchGasGtheGmanagerGofGMacy'
sGdepartmentGstoreGorGaGFordGautomobileGfactory.
BecomingGaGNewGManagerG-GCORRECTGANSWERG-
a.GMakingGtheGshiftGfromGindividualGidentityGtoGmanagerGidentity
i.GSpecialist;GperformsGtasksGàGgeneralist;GcoordinatesGdiverseGtasks
G
ii.GGetsGthingsGdoneGthroughGownGeffortsGàGgetsGthingsGdoneGthroughGothers
G
iii.GAnGindividualGactorGàGaGnetworkGbuilder
G
, iv.GWorksGrelativelyGindependentlyGàGworksGinGhighlyGinterdependentGmanner
G
ManagerGrolesG-GCORRECTGANSWERG--InformationalGroleG-
GactivitiesGusedGtoGmaintainGandGdevelopGanGinformationGnetwork.
-InterpersonalGroleG-GrelationshipsGwithGothersGandGareGrelatedGtoGtheGhumanGskills
-decisionalGroleG-GeventsGaboutGwhichGtheGmanagerGmustGmakeGaGchoiceGandGtakeGaction
SocialGForces:G-GCORRECTGANSWERG-Values,Gneeds,GstandardsGofGbehaviorGinfluenceG→GSocialGContract
ExamplesGofGCurrentGSocialGForces-GWorkersGwant
FlexibleGenvironment
CareerGOpportunity
FeelGvalued,GableGtoGinfluenceGcompany
PoliticalGForcesG-GCORRECTGANSWERG-legalGandGpoliticalGinfluence
-PoliticalGStability
-propertyGrights
-contractGrights
-regulation
EconomicGForcesG-GCORRECTGANSWERG--AvailabilityGandGdistributionGofGresources
-ChangesGinGsupplyGandGdemand
-CreditGAvailability
ExternalGenvironment
(international)G-GCORRECTGANSWERG-
asGmanagersGplanGforGexpansionsGintoGglobalGmarketsGtheyGhaveGtoGconsiderGtheGinternationalGdimension
,GwhichGincludesGeventsGoriginatingGinGforeignGcountries,GasGwellGasGnewGopportunitiesGforGU.S.Gcompanie
sGinGotherGcountries.GProvidesGnewGcustomers,Gcompetitors,Gsuppliers,GshapesGsocial,Gtechnological,GandG
economicGtrendsGasGwell.
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