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When selecting the best option, what factors should management consider?

• A) Only quantitative data

• B) Subjective procedures and risks

• C) Past decisions of competitors

• D) Opinions of the top-level management

What does effective implementation of a decision involve?

• A) A detailed analysis of potential risks

• B) Simplistic planning procedures

• C) Putting the chosen option into action

• D) Ignoring unforeseen problems

What should management do if the desired result of a decision is not achieved?

• A) Change the decision immediately

• B) Monitor the situation for further analysis

• C) Ignore the consequences

• D) Repeat the decision-making process

According to John P. Kotter, what are the two basic activities of management?

• A) Budgeting and forecasting

• B) Planning and organizing

• C) Directing and controlling

• D) Decision-making and networking

How much time do managers spend working with others?

• A) About 25%

• B) Nearly 50%

• C) As much as 75%

• D) Less than 10%

What is the purpose of an agenda for managers?

• A) To set unrealistic goals

• B) To manage time effectively

• C) To avoid networking events

• D) To control subordinates

What is networking for managers?

• A) Building relationships and sharing information

• B) Controlling subordinates' activities

• C) Avoiding communication with colleagues

• D) Focusing solely on immediate tasks

What challenges do managers confront in today's business world?

• A) Unchanged technology and stable markets

• B) Decreased global competition

• C) Decreased educational standards

• D) Rapidly changing technology and increased global competition

What is the future of management jobs?

• A) Decreasing demand due to restructuring

• B) Stable demand with no significant changes

• C) Increased demand with more challenging requirements

• D) Complete automation of managerial roles

What is emphasized regarding salaries for managerial positions?

• A) Salaries are decreasing due to economic downturns

• B) Salaries are not influenced by experience or location

• C) Salaries vary depending on the industry and region

• D) Salaries are equally distributed across all managerial positions