Consistent and coo - Study guides, Class notes & Summaries

What is an organization? - ANS A collection of people working together to achieve a common purpose Three characteristics: 1. Purpose—to create a good or service 2. Division of labour—different tasks assigned to different people 3. Hierarchy of authority—a level-by level management structure of increasing responsibility What are the three levels of management? - ANS Upper Management Establishes organizational objectives Monitors external environment and trends Exampl...

Domain 1 Lesson 1 - The key objective of a small business owner is to generate ____ - profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - risks Tangible items that require pick-up or delivery are ____ products - physical When a ____ purchases an item from a business, it is a business-to-consumer transaction - customer ____ are for-profit corporations with limited liability - S corporations ____ are ideal for intern...

management - correct answer getting work done through others efficiency - correct answer getting work done with a minimum of effort, expense, or waste effectiveness - correct answer accomplishing tasks that help fulfill organizational objectives Fayol's 5 managerial functions - correct answer 1. planning 2. organizing 3. coordinating 4. commanding 5. ...

Management - Getting work done through others Efficiency - Getting work done with minimum effort, expense, or waste Effectiveness - Accomplishing tasks that help fulfill organizational objectives What is the key to an organization's success? - Management Functions of Management - planning, organizing, leading, controlling Planning - -Determining organizational goals and a method or strategy for achieving them. -Companies that plan have larger profits and faster growth than comp...

ESB Certification Exam Study Guide Questions And Answers Well Illustrated . Domain 1 Lesson 1 - correct answer. The key objective of a small business owner is to generate ____ - correct answer. profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - correct answer. risks Tangible items that require pick-up or delivery are ____ products - correct answer. physical When a ____ purchases an item from a b...

Interpersonal Roles: Figurehead - ️️Managers perform ceremonial duties. Top Managers - ️️Executives responsible for the overall direction of the organization. Hold positions like Chief Executive Officer (CEO), Chief Operating Officer (COO), Chief Financial Officer (CFO), and Chief Information Officer (CIO) First-Line Managers - ️️Responsible for, monitoring, teaching, and short-term planning. Train and supervise the performance of non-managerial employees who are responsible fo...

Kappa Alpha Psi - Cumulative Test – 1 Questions And Answers 100% Verified. When was the fraternity founded? - correct answer. January 5, 1911 When was the Alpha Chapter charted? - correct answer. May 15, 1911 What was the ORIGINAL name for the fraternity? - correct answer. Kappa Alpha Nu Who is known as the "Original Pretty Boy"? - correct answer. Paul Waymond Caine. What does "Phi Nu Pi" mean? - correct answer. it is never to be...

Kappa Alpha Psi Questions and Answers Rated A+ Elder Watson Diggs -principal -first person to serve as Grand Polemarch -received Laurel Wreath Award in 1924 -second highest award is named after him Ezra D. Alexander -received a MD degree in 1919 -he was a doctor Byron K. Armstrong -established the Chicago (IL) Alumni Chapter of Kappa Alpha Psi (oldest alumni chapter) Henry T. Asher -attorney -in 1928, he received his law degree from Detroit College of Law Marcus Peter Blakemoe -earnd his den...

Domain 1 Lesson 1 - ANSWER- The key objective of a small business owner is to generate ____ - ANSWER-profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - ANSWER-risks Tangible items that require pick-up or delivery are ____ products - ANSWER-physical When a ____ purchases an item from a business, it is a business-to-consumer transaction - ANSWER-customer ____ are for-profit corporations with limited liability - ANSWER-S...

CEO Compensation should be based on: a. the compensation arrangement with prior CEO b. executive compensation in local corporations with similar gross revenues c. present day salary plus cost-of living adjustment d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere An essential function of the governing board is t...