Intro to Business Chapter 7 Review

It is generally agreed that tools and money are the most important resources in business.

Top-level managers spend most of their time planning and controlling business activities.

Effective managers recognize workers who have informal influence over others and remove themf rom their jobs.

Workers help managers understand employees and demonstrates that the managers respect their ideas.

Managment is the process of requiring all workers to follow instructions and business policies

Each of the following is a characteristic of effective leaders except:

Ethical business practices ensure that the highest standards of conduct are observed in company's relationships.

Your ____________ values are the important principles that will guide your decisions and actions in a business.

A manager is better able to influence workers when he or she:

The five functions of managers include each of the following except:

Management __________ is the way a manager treats and involves employees.

____ is one of the functions of management, determines the goals it set out to reach in the planning stage.

Human ___________ are the way people get along with each other.

A good way to decide whether a business's action is ethical is to ask yourself whether it will:

Members of the first level of management in a business are commonly called:

An effective leader gets to know each person's skills and abilities as well as strengths and weaknesses.

In the day-to-day operations of a business, managers should stress the importance of ethical behavior.

Ethical behavior is made up of two parts: the actions of individuals and groups and ___________

When tactical management is used, the manager is:

As a part of the planning process, managers should: