Managers Must Manage_Quiz

What is the difference between efficiency and effectiveness?

• Efficiency is about doing things right; effectiveness is about doing the right things

• Efficiency focuses on achieving goals; effectiveness focuses on productivity

• Efficiency and effectiveness are the same

• Efficiency is about goal alignment; effectiveness is about resource management

Which of the following is a key function of a manager at RSMSG?

• Leadership

• Business Development

• Business Advisor

• All of the options

What principle explains why employees may be promoted to a level of incompetence?

• Efficiency vs. Effectiveness Principle

• Peter's Principle

• Purpose-Driven Leadership

• Sharpening the Saw

According to Google's Project Oxygen, what is an attribute of a great manager?

• Micromanaging for better control

• Being a good communicator

• Avoiding one-on-one meetings

• Limiting feedback sessions

What is the recommended number of hours for full-time employees to generate fees in RSMSG?

• 1,200 hours

• 1,500 hours

• 1,800 hours

• 2,000 hours

The three basic functions of a leader are L____, D____, and I____.

What does "sharpening the saw" mean in management?

• Continuously improving managerial skills

• Replacing ineffective team members

• Delegating more responsibilities

• Focusing on resource allocation

Which of the following is a principle of Purpose-Driven Leadership?

• Be aggressive in decision-making

• Be clear about your purpose

• Focus solely on financial goals

• Avoid team involvement in vision-setting