
Management Concepts

Flashcard
•
Business
•
11th Grade
•
Hard
Chris Nowak
FREE Resource
Student preview

40 questions
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1.
FLASHCARD QUESTION
Front
Managers act as relationship builders when representing their organization and maintaining effective relationships.
Back
Effective relationship management is crucial for organizational success.
2.
FLASHCARD QUESTION
Front
If companies spend much time correcting errors, supervisors may not be effective at quality control.
Back
Quality control is essential for operational efficiency.
3.
FLASHCARD QUESTION
Front
Effective managers take responsibility for developing and implementing plans to achieve organizational goals.
Back
Planning and implementation are key managerial responsibilities.
4.
FLASHCARD QUESTION
Front
Middle management is responsible for decisions about the daily operations of a specific unit in a business.
Back
Middle management plays a vital role in operational decision-making.
5.
FLASHCARD QUESTION
Front
A symptom is a sign or indication that something appears to be a problem.
Back
Identifying symptoms is the first step in problem-solving.
6.
FLASHCARD QUESTION
Front
A management information system is a computer-based system that stores, organizes, and provides information about a business.
Back
Management information systems enhance decision-making.
7.
FLASHCARD QUESTION
Front
Marketing research involves studies on topics such as the supply and demand of labor and employee motivation.
Back
Understanding labor dynamics is essential for effective marketing.
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