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Principles of Management Flashcards | StudBud
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Principles of Management
Principles of Management
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Answers
1
Bounded rationality is when we continue to invest in a bad decision.
False
True
2
Good decision making includes both logic and emotions.
True
False
3
Self-management means
Controlling your feelings in a positive way.
Never communicating negative feelings.
None of the above.
Understanding how someone else feels about something.
4
Which of the following is a control process?
Making improvements.
Evaluating effectiveness.
Monitoring.
All of the above.
5
What is a contingency plan?
A plan where if solution A doesn't work, the manager implements solution B.
Plans for special situations.
Rules, policies and procedures to cover issues managers face repeatedly.
None of the above.
6
What type of manager should spend the most time on human relations?
First Line Manager
All of the above.
Middle Manager
Executive Manager
7
Which of the following is true about informal structure?
It is based on trust and influence.
It is based on the organization chart.
It defines how communications flow through the organization.
None of the above.
8
What is the first part of the organizational life cycle?
Early success.
Renewal or decline.
Entrepreneurship.
Survival.
9
How can control impact employees in a positive way?
All of the above.
Increases job satisfaction.
Creates stress.
Makes use of resources.
10
Why is planning important?
To create standards.
To create a map to the future.
All of the above.
To make business more predictable.
11
What responsibilities do managers have?
Short-term planning.
Environmental scanning.
Control production of products and services.
Writing technical procedures.
12
Which of the following is part of Management by Objectives (MBO).
Managers/employees monitor performance together.
Managers/employees set goals together.
Managers/employees decide together how to measure success.
All of the above.
13
Organizational structure is the process of designing the organization to address its needs.
True
False
14
As long as you work hard, you can be successful without having a goal.
True
False
15
How can managers encourage planning?
Top managers leave it up to their staff.
None of the above.
Don't consult the plan once it is final.
Top managers create rewards for plannning.
16
Organizations in stable environments can control using which strategy?
Create routing procedures.
All of the above.
Re-write job descriptions.
Purchase new technology.
17
Uncertainty about the result of a decision can be a barrier to good decision making.
True
False
18
Which of the following areas of knowledge does a manager need?
Understand employee motivation.
Use tools, procedures, and texchniques in their special areas.
All of the above.
Organize and analyze information to make decisions.
19
Informal organization defines who reports to whom.
False
True
20
We should not consider emotions when making decisions.
False
True
21
What is a definition of culture?
Habits of the mind that distinguish the members of one group from another.
Different ways of living to survive different physical environments.
What a group of people believes, and how they think and behave.
All of the above.
22
Self-awareness, self-management, empathy, and social skills are part of emotional itelligence.
False
True
23
Which of the following defines "meta-cognition" in cultural intelligence?
None of the above.
Having knowledge about the values and practices of a new culture.
Using cultural knowledge to understand how to adapt to a new culture.
Being able to use appropriate behavior with a new culture.
24
Which of the following is true about change?
There is nothing as constant as change.
The best way to deal with change is to reorganize departments.
Change always requires becoming more efficient.
There is one best way to organize in every situation of change.
25
Humans often avoid making decisions that will create conflict.
True
False
26
Which of the following is a characteristic of an emerging economy?
It is developing an industrial economy.
Its standard of living is improving.
It is attractive to foreign investors.
All of the above.
27
A non-programmed decision is...
Decisions that are made repeatedly.
All of the above.
A decision that needs to be made about an unusual situation.
Decisions where the outcome is easy to predict.
28
Employees respond best to a goal that is general and easy.
False
True
29
Which of the following is part of the planning process?
Use past experience to guide decisions about the future.
Ask employees what has worked well in the past.
All of the above.
Develop action statements.
30
Effective managers balance the needs of many different stakeholders.
False
True
31
An advantage of being part of the ASEAN economic community is being able to trade products easily between members.
True
False
32
Self awareness is...
Knowing how to persuade someone to your way of thinking.
Understanding how you feel about something and why.
Looking out for what you need in a situation.
None of the above.
33
Direct foreign investment is when a country donates money to the government of another country.
True
False
34
Group decision making can reduce the effect of individual bias.
False
True
35
Power distance refers to a culture's level of comfort with the unknown.
False
True
36
You can increase self awareness using the following methods:
Seeking feedback from others.
Meditating.
Keeping a journal.
All of the above.
37
How does globalization affect international business?
Companies can buy an interest in a company in another country.
Through the internet, businesses can attract markets all over the world.
It encourages countries to have policies to make it easier to trade goods.
All of the above.
38
When there is not enough time to collect data for a decision, we tend to rely on intuition and emotion.
True
False
39
What is the first step in the decision making process?
Selecting the best option.
None of the above.
Evaluating results.
Analyzing the pro's and con's of options.
40
A cultural stereotype is when someone assumes all members of a culture believe, think, and behave the same.
True
False
41
The main job of a manger is to control production of products and services.
False
True
42
A tariff is a tax charged on imported goods.
True
False
43
Which of the following is a type of organization planning?
All of the above.
Administrative.
Operational.
Strategic.
44
What are the 4 most common religious affiliations in the world?
Christian, Folk Religion, Unaffiliated, Islam
Islam, Christian, Buddhist, Hindu
Christian, Unaffiliated, Islam, Hindu
Christian, Islam, Hindu, Buddhist
45
Peers will not influence goal achievement if the goal is assigned by a supervisor.
True
False
