Exam (elaborations)
MAN 3025 Exam 1 With Complete Solutions Latest Update
- Course
- Institution
MAN 3025 Exam 1 With Complete Solutions Latest Update
[Show more]
Content preview
MAN 3025 Exam 1 With Complete Solutions LatestUpdate
Organization - correct answers a group of people who work together to achieve some specific purpose
management - correct answers the pursuit of organizational goals efficiently and effectively by integrating the work of
people through planning, organizing, leading and controlling the organization's resources
efficiency - correct answers means to use resources-people, money raw materials, and the like - wisely and cost
effectively
effectiveness - correct answers means to achieve results, to make the right decisions and to successfully carry them out
so that they achieve the organization's goals
planning - correct answers setting goals and deciding how to achieve them
organizing - correct answers arranging tasks, people, and other resources to accomplish the work
leading - correct answers motivating, directing, and otherwise influencing people to work hard to achieve the
organization's goals
controlling - correct answers monitoring performance, comparing it with goals, and taking corrective action as needed
competitive advantage - correct answers the ability of an organization to produce goods or services more effectively
than competitors do, thereby outperforming them
innovation - correct answers finding ways to deliver new or better goods or services
sustainability - correct answers economic development that meets the needs of the present without compromising the
ability of future generations to meet their own needs
, top managers - correct answers make long-term decisions about the overall direction of the organization and establish
the objectives, policies, and strategies for it
middle managers - correct answers implement the policies and plans of the top managers above them and supervise and
coordinate the activities of the first-line managers below them
first line managers - correct answers make short-term operating decisions, directing the daily tasks of non-mangerial
personnel
team leader - correct answers a manager who is responsible for facilitating team activities toward achieving key results
functional manager - correct answers responsible for just one organizational activity
general manager - correct answers responsible for several organizational activities
for-profit organization - correct answers goal is to make money, or profits, by offering products or services
non-profit organization - correct answers their purpose is to offer services to some clients, not to make a profit
technical skills - correct answers consist of the job-specific knowledge needed to perform well in a specialized field
conceptual skills - correct answers consist of the ability to think analytically, to visualize an organization as a whole and
understand how the parts work together
human skills - correct answers consist of the ability to work well in cooperation with other people to get things done
soft skills - correct answers the ability to motivate, to inspire trust, to communicate with others - are necessary for
managers of all levels
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 Schoolflix. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78121 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now