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Chapter 6: The Nature of Management

Authored by Brian Burke

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Used 25+ times

Chapter 6: The Nature of Management
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Management is the process of:

operating a business for a large organization
building a new business from scratch based upon creative ideas
providing financial guidance for a business
achieving organizations's objectives by using its resources effectively and efficiently

2.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

If a manager is concerned about doing the work with the least cost and waste possible, then his or her primary managerial concern is:

efficiency.
effectiveness.
delegation.
hiring.

3.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

If a manager is analyzing several methods for obtaining funding (money) to expand operations, he or she is concerned about the _____ of the company.

human resources
intangible resources
natural resources
financial resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Determining an organization's objectives and deciding how to accomplish them, a management function, is known as:

planning.
staffing.
organizing.
directing.

5.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

A declaration of an organization's fundamental purpose and basic philosophy is known as a(n):

protocol.
mission statement.
referendum.
agenda.

6.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Tactical plans usually cover a period of:

one year or less.
one week or less.
five years or more.
three years.

7.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

_____ are very short-term plans that specify what actions individuals, work groups, or departments need to accomplish in order to achieve an organization's tactical plan and ultimately the strategic plan.

Crisis Management plans
Strategic plans
Tactical plans
Operational plans

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