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Management and Business
Management and Business
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Basic management topics
Flashcards
29 cards
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Questions
29
Answers
1
Which of the following are examples of middle-management job titles:
Collections supervisor crew chief, and production supervisor
Floor superviso¡ area supervisor, and section manager
District manager, department head, regional sales manager
President, senior VP, and chief executive officer
2
A business wants to buy out one of its competitors, what management level makes this decision
All levels
Top-level
Mid-level
First-line
3
What skills do managers need in order to analyze information and solve problems quickly?
Leadership
Decision making
Self-understanding
Social
4
Why should managers know how to do the work of the workers they supervise?
To have realistic expectations for workers
To coordinate employees' efforts
To create a team spirit among employees
To establish a chain of command
5
Setting up the way the business's work will be done
Controlling
Directing
Organizing
Planning
6
Scheduling work, checking quality of work, handling employees' problems
supervisory managers.
employees
mid-level managers
consultants.
7
Why do top-level managers usually receive high salaries?
Their responsibilities involve hands-on supervision.
Their decisions affect the entire company.
They are required to attend a great many meetings,
They have more experience than others in the company
8
Why do all businesses need financial resources?
To pay operating expenses
To develop cash budgets
To manage investment accounts
To negotiate bank loans
9
A manager who helps an employee count money and prepare a bank deposit is demonstrating
technical skills
aggressive behavior.
creativi$.
natural talent.
10
Which of the following is an important function of mid-level management:
To be a link between top-level and first-line management
To establish long'term objectives for the company
To make sure projects meet deadlines
To prepare workers' daily schedules
11
Each new worker receives the guidance, training in specific tasks, and a reward for hard work
Controlling
Directing
Staffing
Organizing
12
A manager sets up a computerized system for maintaining production inventory. What resource?
Human
Financial
Natural
Material
13
What must managers do if they want employees to understand the business's goals
Listen carefully
Communicate clearly
Ask questions
Obtain feedback
14
What are the basic levels of management?
Top-level, corporate level, and supervisory level
Manager level, foreman level, and first-line
Top-level, mid-level, and first-line
Officer level, subordinate level, and mid-level
15
Monitoring the work effort
Organizing
Directing
Controlling
Planning
16
Which of the following are examples of first-line management job titles:
Collection supervisor, crew chief, and production supervisor
Company VP, department head, and regional manager
Senior VP, chief financial officer, regional vice president
President, senior VP, and chief executive officer
17
Deciding what will be done and how it will be accomplished
Planning
Organizing
Controlling
Directing
18
A manager evaluates the production output by comparing to the production goals set by boss
Organizing
Directing
Planning
Controlling
19
Providing guidance to workers and work projects
Controlling
Organizing
Staffing
Directing
20
Determine which of the following is a true statement about managers:
Managers take an inactive role in the business.
Managers should do employees' work for them.
Managers should focus their efforts on managing.
Managers have a narrow scope of responsibilities.
21
Determines the type of workers, locates applicants, selects hired, and assigns the new hires
Staffing
Planning
Directing
Organizing
22
Which of the following is the main purpose of management:
To create a pleasant working atmosphere
To accomplish the business's goals
To obtain the needed resources
To reach a specific level of productivity
23
Which of the following is a reason why planning is important to a business:
The other management functions are based on company plans
Planning helps to unify the efforts of employees
Plans always fail
Planning is an independent business function.
24
Which of the following do many businesses believe to be their most important resource:
Equipment
Employees
Sales revenue
Office supplies
25
Which of the following is an example of identifying tactics to achieve goals
Deciding to move to a new location
Making up a monthly schedule for workers
Wanting to establish a foreign market
Developing a way to attract new customers
26
A manager studies t previous sales statistics as well as the sales forecast.What resource?
Human
Financial
Information
Material
27
Identifies jobs, assigns responsibility for them, establishes departments to handle the jobs
Planning
Organizing
Staffing
Directing
28
Finding workers for the business
Directing
Controlling
Staffing
Organizing
29
Which of the following is an example of a manager using relationship skills:
Establishing procedures
Writing business letter
Gathering information
lnteracting with employees
