Management Fundamentals Flashcard

Front

What is the primary definition of management?

Back

The process of administering and coordinating resources effectively, efficiently and to achieve organizational goals.

Front

Which of the following is NOT one of the four functions of management? Controlling, Organizing, Planning

Back

Marketing

Front

What does measuring managerial performance involve?

Back

Assessing the performance of efficiency and effectiveness

Front

Which managerial level is typically responsible for strategic planning?

Back

Top-level management

Front

What skill is essential for managers to effectively communicate with their teams?

Back

Interpersonal skills

Front

According to Mintzberg, which role involves building relationships?

Back

Interpersonal role

Front

What is the focus of informational roles in management?

Back

Gathering and disseminating information

Front

Which of the following is a decisional role of a manager? Monitor, Liaison, Leader, Negotiator

Back

Negotiator

Front

What does the quote by Henry Mintzberg suggest about management?

Back

It is a blend of art, science, and craft.

Front

Which of the following best describes the role of a manager? To focus solely on profits, To avoid conflict at all costs, To administer and coordinate resources, To enforce rules strictly

Back

To administer and coordinate resources