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BAC-201 Test #1 Ch. 1 and 3 spring 2021 Flashcards | StudBud
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BAC-201 Test #1 Ch. 1 and 3 spring 2021
BAC-201 Test #1 Ch. 1 and 3 spring 2021
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1
An example of a ____ is a plant manager who is responsible for implementing policies & plans from top managers
team leader
middle manager
authoritative manager
first line manager
2
I still love Principles of Management class
yes
no
3
_____ is raising money for a project or venture through small amounts of money from people
crowdfunding
clawbacks
outsourcing
venture capital
4
The greatest good for the greatest number of people is part of the ____ approach
moral rights
utilitarian
individual
justice
5
To provide raw materials, services, equipment, labor, or energy to other organizations
suppliers
strategic allies
distributors
financial institutions
6
Which is NOT an example of the task environment
government regulators
strategic allies
sociocultural forces
supplies
7
CEO, CFO, COO, President, Vice President are examples of which type of manager?
supervisor
first line
top
middle
8
The illegal trading of a company's stock by using confidential company information
a Ponzi scheme
outsider trading
whistleblower
insider trading
9
____consist of the ability to work well with others; ____include the ability to think analytically
conceptual skills/technical skills
human skills/soft skills
technical skills/human skills
human skills/conceptual skills
10
The
task
environment has ____ groups and the
general
environment has _____ groups
5/5
6/11
11/6
4/11
11
____ involves using cash from newer investors to payoff older ones
whistle blower
a Ponzi scheme
an ethical dilemma
insider trading
12
After Enron, companies have a renewed interest in ______
social responsibility
challenging managers
Ponzi schemes
corporate governance
13
Setting goals is part of the ______ function(step) of management
controlling
organizing
leading
planning
14
Mintzberg found managers
Work shorter hours and complete a variety of work
Work long hours and have regular, repetitive tasks
work shorter hours and have regular, repetitive tasks
Work long hours and complete a variety of work
15
Which is NOT a primary challenge managers face
diversity
dealing with unions
competitive advantage
globalization
16
Arranging people, tasks, and resources to reach goals occurs during the _____ function (step) of management
planning
controlling
leading
organizing
17
The pursuit of organizational goals efficiently and effectively
leading
planning
organization
management
18
The _______ approach is guided by respect for fundamental rights of human beings
utilitarian
moral-rights
justice
individual
19
The four functions (steps) of management (in order) are:
planning organizing leading controlling
planning organizing controlling leading
leading organizing controlling managing
organizing planning controlling leading
20
______ are the people who buy products and services
distributors
lenders
allies
customers
21
Behaviors that are accepted as right and wrong that influence how we act
values
an ethical culture
a value system
ethics