Question 1

Restructuring involves contracting with another company in a low-cost country abroad to have it perform a work activity the organization previously performed itself.

Accepted Answer

A) True 
 B)False

Question 2

Organizations are collections of people who work together and coordinate their actions to achieve a wide variety of goals or desired future outcomes.

Accepted Answer

A) True 
 B)False

Question 3

Fresh Farms,Inc. ,is facing financial problems.In order to tackle the situation,the management has decided to reduce the number of middle managers by 20 percent to help them cut costs.This is an example of:

Accepted Answer

A)   telecommuting.
B)   restructuring.
C)   outsourcing.
D)   empowering.
E)   innovating.F) B) and C)
G) B) and D)

Question 4

Discuss the managerial function of leading.What is its outcome?

Accepted Answer

In leading,managers articulate a clear o...

Question 5

Organizations that operate and compete in more than one country are known as ____________ organizations.

Accepted Answer

A)   domestic
B)   central
C)   holding
D)   quasi-autonomous
E)   globalF) None of the above
G) All of the above

Question 6

Which of the following refers to a cluster of decisions concerning what organizational goals to pursue,what actions to take,and how to use resources to achieve these goals?

Accepted Answer

A)   Synergy
B)   Value
C)   Strategy
D)   Mission
E)   Business modelF) A) and B)
G) None of the above

Question 7

Which of the following is an appropriate definition of organizational performance?

Accepted Answer

A)   It is the process of obtaining,analyzing,and recording information about the relative worth of an employee to the organization.
B)   It is a measure of how efficiently and effectively managers use available resources to satisfy customers and achieve organizational goals.
C)   It is an approach to modeling organizations using one-on-one interactions between members of the organization as a proxy for all value-adding activities in the organization.
D)   It is a management framework that uses and integrates existing management methods and techniques to help teams deliver ever-improving services.
E)   It is a measure of the interaction between the managerial culture,the workplace culture,and the surrounding culture.F) B) and D)
G) C) and E)

Question 8

Organizations appoint turnaround CEOs when the organizations become more efficient and effective.

Accepted Answer

A) True 
 B)False

Question 9

A formal system of reporting relationships that coordinates and motivates organizational members so that they work together to attempt to achieve organizational goals is called an organizational:

Accepted Answer

A)   culture.
B)   psychology.
C)   structure.
D)   assimilation.
E)   chart.F) B) and E)
G) C) and D)

Question 10

Being a part of top management at a large fast food chain,Donald is most likely to spend more of his time in:

Accepted Answer

A)   planning and organizing resources.
B)   planning and controlling nonmanagerial employees.
C)   planning and leading first-line managers.
D)   organizing resources and controlling nonmanagerial employees.
E)   organizing resources and leading first-line managers.F) A) and D)
G) A) and C)

Question 11

As managers articulate a clear organizational vision for the organization's members to accomplish and as they energize and enable employees so that everyone understands the part they play in achieving organizational goals,the managers are ______________.

Accepted Answer

A)   planning
B)   organizing
C)   controlling
D)   commanding
E)   leadingF) A) and B)
G) A) and C)

Question 12

Identifying and selecting appropriate organizational goals and courses of action help managers perform the planning task.

Accepted Answer

A) True 
 B)False

Question 13

Susan,the CEO of United Group Ltd. ,reviews the performance of her company in the past month's Profit & Loss Statement to determine if the company is on pace to meet the planned sales and profitability goals.Susan is engaged in which of the following managerial functions?

Accepted Answer

A)   Planning
B)   Organizing
C)   Staffing
D)   Controlling
E)   LeadingF) A) and B)
G) C) and D)

Question 14

What does the managerial function of controlling involve?

Accepted Answer

In controlling,the task of managers is t...

Question 15

Define efficiency.When is an organization said to be efficient?

Accepted Answer

Efficiency is a measure of how productiv...

Question 16

Which of the following processes gives the managers the ability to measure performance accurately and regulate organizational efficiency and effectiveness?

Accepted Answer

A)   Controlling
B)   Planning
C)   Organizing
D)   Leading
E)   StaffingF) B) and D)
G) All of the above

Question 17

The ability of one organization to outperform other organizations because it produces desired goods or services more efficiently and effectively than its competitors is known as its:

Accepted Answer

A)   competitive advantage.
B)   strategy.
C)   absolute advantage.
D)   goal.
E)   mission.F) B) and C)
G) None of the above

Question 18

Pressure to increase performance may induce managers to behave unethically.

Accepted Answer

A) True 
 B)False

Question 19

Managers identify and select appropriate organizational goals and courses of action to perform the ______________ task.

Accepted Answer

A)   planning
B)   organizing
C)   leading
D)   controlling
E)   commandingF) All of the above
G) D) and E)

Question 20

Organizations are efficient when managers maximize the amount of input resources.

Accepted Answer

A) True 
 B)False

Exam 1: The Management Process Today

Organizations are collections of people who work together and coordinate their actions to achieve a wide variety of goals or desired future outcomes.

Correct AnswerverifiedShow Answer

Managers identify and select appropriate organizational goals and courses of action to perform the ______________ task.

Correct AnswerverifiedShow Answer

Restructuring involves contracting with another company in a low-cost country abroad to have it perform a work activity the organization previously performed itself.

Correct AnswerverifiedShow Answer

Organizations appoint turnaround CEOs when the organizations become more efficient and effective.

Correct AnswerverifiedShow Answer

A formal system of reporting relationships that coordinates and motivates organizational members so that they work together to attempt to achieve organizational goals is called an organizational:

Correct AnswerverifiedShow Answer

Pressure to increase performance may induce managers to behave unethically.

Correct AnswerverifiedShow Answer

Which of the following is an appropriate definition of organizational performance?

Correct AnswerverifiedShow Answer

Organizations are efficient when managers maximize the amount of input resources.

Correct AnswerverifiedShow Answer

Discuss the managerial function of leading.What is its outcome?

Correct AnswerverifiedIn leading,managers articulate a clear o...View AnswerShow Answer

Organizations that operate and compete in more than one country are known as ____________ organizations.

Correct AnswerverifiedShow Answer

Which of the following processes gives the managers the ability to measure performance accurately and regulate organizational efficiency and effectiveness?

Correct AnswerverifiedShow Answer

What does the managerial function of controlling involve?

Correct AnswerverifiedIn controlling,the task of managers is t...View AnswerShow Answer

As managers articulate a clear organizational vision for the organization's members to accomplish and as they energize and enable employees so that everyone understands the part they play in achieving organizational goals,the managers are ______________.

Correct AnswerverifiedShow Answer

Susan,the CEO of United Group Ltd. ,reviews the performance of her company in the past month's Profit & Loss Statement to determine if the company is on pace to meet the planned sales and profitability goals.Susan is engaged in which of the following managerial functions?

Correct AnswerverifiedShow Answer

Being a part of top management at a large fast food chain,Donald is most likely to spend more of his time in:

Correct AnswerverifiedShow Answer

Fresh Farms,Inc. ,is facing financial problems.In order to tackle the situation,the management has decided to reduce the number of middle managers by 20 percent to help them cut costs.This is an example of:

Correct AnswerverifiedShow Answer

Identifying and selecting appropriate organizational goals and courses of action help managers perform the planning task.

Correct AnswerverifiedShow Answer

The ability of one organization to outperform other organizations because it produces desired goods or services more efficiently and effectively than its competitors is known as its:

Correct AnswerverifiedShow Answer

Which of the following refers to a cluster of decisions concerning what organizational goals to pursue,what actions to take,and how to use resources to achieve these goals?

Correct AnswerverifiedShow Answer

Define efficiency.When is an organization said to be efficient?

Correct AnswerverifiedEfficiency is a measure of how productiv...View AnswerShow Answer

Correct Answer
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In leading,managers articulate a clear o...
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In controlling,the task of managers is t...
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Efficiency is a measure of how productiv...
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