Business Management: Chapter 1 - Vocab Review

Question 1

A top-level manager who spends almost all work time on management functions and decisions is

Accepted Answer

an executive.

Question 2

Carrying out plans and helping employees to work effectively is

Accepted Answer

implementing.

Question 3

The process of accomplishing an organization's goals through effective use of resources is

Accepted Answer

management.

Question 4

Evaluating results to determine if the company’s objectives have been accomplished is

Accepted Answer

controlling.

Question 5

Someone who does all four management functions and has authority over jobs and people is

Accepted Answer

a manager.

Question 6

A carefully developed overall approach to leading an organization is

Accepted Answer

management strategy.

Question 7

When machine power replaced human/animal power in the 18th and 19th centuries, it was known as

Accepted Answer

the Industrial Revolution.

Question 8

Determining how plans can be accomplished most effectively and arranging resources is

Accepted Answer

organizing.

Question 9

Analyzing information and making decisions about what needs to be done is

Accepted Answer

planning.

Question 10

A manager whose main job is to direct the work of employees is

Accepted Answer

a supervisor.

Questions 10