REVIEW FOR ORG

In the contemporary view of organizations, what is the primary role of top managers?

• To maintain a strict hierarchy
• To support and serve other managers and employees
• To focus solely on financial goals
• To micromanage daily operations

In the traditional view of management, how is the relationship between layers of management typically characterized?

• Collaborative
• Hierarchical
• Flat
• Matrix-based

Who developed the 14 Principles of Management that became influential in early management theory?

• Frederick Taylor
• Henri Fayol
• Max Weber
• Peter Drucker

What is the primary purpose of a mission statement?

• To outline future goals
• To define organizational values
• To describe the organization's current purpose
• To set financial targets

Which of the following best describes a vision statement?

• A detailed plan of action
• A list of company policies
• A future-oriented declaration of aspirations
• A description of current operations

In the P-O-L-C framework, where do mission and vision statements play the most crucial role?

• Leading
• Controlling
• Organizing
• Planning

What are organizational values?

• Financial objectives of the company
• Beliefs that an organization holds dear
• Short-term goals for employees
• Marketing strategies

Which of the following is NOT typically a stakeholder in an organization?

• Employees
• Customers
• Competitors
• Shareholders

What role does creativity play in developing mission and vision statements?

• It's unnecessary for these statements
• It helps in inventing and innovating ideas
• It's only important for vision statements
• It's used to make financial projections

How does organizational design relate to mission and vision?

• It has no relation to mission and vision
• It should contradict the mission and vision
• It should align with and support the strategy derived from mission and vision
• It's only important for small businesses