100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Essentials of Contemporary Management 6Th Canadian Edition By By Gareth R Jones - Test Bank $30.48   Add to cart

Exam (elaborations)

Essentials of Contemporary Management 6Th Canadian Edition By By Gareth R Jones - Test Bank

 37 views  1 purchase
  • Course
  • Institution
  • Book

Essentials of Contemporary Management 6Th Canadian Edition By Gareth R Jones - Test Bank

Preview 4 out of 497  pages

  • October 3, 2023
  • 497
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
,Chapter 01 - Managers and Managing


Chapter 01
Managers and Managing




True / False Questions


1. Effective managers continually try to improve the performance of their companies.
TRUE



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-01 What Is Management?



2. The social economy is made up of social enterprises, social ventures, and social purpose
businesses.
TRUE



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-01 What Is Management?



3. Management is the planning, organizing, leading, and controlling of resources to achieve
goals effectively and efficiently.
TRUE



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-01 What Is Management?




1-1

,Chapter 01 - Managers and Managing




4. Canada's nonprofit and voluntary sector is the second largest in the world.
TRUE



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-01 What Is Management?



5. Blended value refers to the convergence of corporate profits with profits from charitable
organizations.
FALSE



Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-01 What Is Management?



6. One of the most important goals of organizations is to provide goods and services that
customers value.
TRUE



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-02 Achieving High Performance: A Manager's Goal



7. A measure of how efficiently and effectively a manager uses resources to achieve a goal or
satisfy customers is known as organizational performance.
TRUE



Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-02 Achieving High Performance: A Manager's Goal




1-2

, Chapter 01 - Managers and Managing




8. The result of low efficiency and high effectiveness might be a product that customers want,
but is too expensive for them to buy.
TRUE



Accessibility: Keyboard Navigation
Difficulty: Hard
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-02 Achieving High Performance: A Manager's Goal



9. An example of high efficiency and high effectiveness is when a manager produces a high-
quality product that customers do not want to buy.
FALSE



Accessibility: Keyboard Navigation
Difficulty: Hard
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-02 Achieving High Performance: A Manager's Goal



10. An example of high effectiveness and low efficiency is when a manager produces a
product that customers want at a quality and price that they can afford.
FALSE



Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-02 Achieving High Performance: A Manager's Goal



11. Organizations are efficient when managers minimize the amount of input resources (such
as labour, raw materials, and component parts needed to produce a given output of goods or
services).
TRUE



Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe what management is; what managers do; and how managers use resources to achieve organizational
goals.
Topic: 01-02 Achieving High Performance: A Manager's Goal




1-3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamsExpert. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $30.48. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81531 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$30.48  1x  sold
  • (0)
  Add to cart