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MGT 103 - Chapter 1 Exam Questions and Answers
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MGT 103 - Chapter 1 Exam Questions and Answers
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MGT 103 - Chapter 1 Exam Questionsand Answers
Chap 1 _____ can be defined as a set of activities directed at an organization's
resources, with the aim of achieving organizational goals in an efficient and effective
manner.
a. Economics
b. A theory
c. Management
d. Self-dealing
e. Divestment - Answers -C
Which of the following helps make the management process efficient?
a. Increasing overhead production costs
b. Using resources in a cost-effective manner
c. Making management decisions independently of the organization's external
environment
d. Using the majority of resources for sales promotion activities. Using
micromanagement techniques - Answers -B
A management process is considered to be effective when:
a. overhead production costs are increased.
b. the right decisions are made and implemented.
c. decisions are made independently of the organization's external environment.
d. the same amount of resources are allocated to all the functions of the organization.
e. the organization is highly centralized. - Answers -B
One of the titles found in the group of middle managers is
a. director.
b. vice president.
c. supervisor.
d. office manager.
e. plant manager - Answers -E
Which of the following statements about top managers is true?
a. They are the largest group of managers in most organizations.
b. They officially represent their organization to the external environment.
c. They primarily oversee the day-to-day operations of an organization.
d. They supervise and coordinate the activities of first-line managers.
e. They supervise and coordinate the activities of operating employees. - Answers -B
,_____ make decisions about activities such as investing in research and development
(R&D) and entering or
abandoning various markets.
a. Division heads
b. Limited partners
c. First-line managers
d. Middle managers
e. Top managers - Answers -E
A common middle-management title is
a. chief executive officer (CEO).
b. division head.
c. supervisor.
d. office manager.
e. coordinator. - Answers -B
_____ are probably the largest group of managers in most organizations, and are
primarily responsible for
implementing the policies and plans of an organization.
a. Middle managers
b. Top managers
c. The members of the board of directors
d. First-line managers
e. Floor supervisors - Answers -A
First-line managers
a. are primarily responsible for implementing the policies and plans developed by top
managers.
b. make decisions about activities such as acquiring other companies and entering or
abandoning various
markets.
c. officially represent their organization to the external environment.
d. create the organization's goals, overall strategy, and operating policies.
e. handle administrative duties. - Answers -E
Which of the following is the role of top managers in an organization?
a. Overseeing day-to-day operations
b. Performing routine administrative tasks
c. Implementing plans of first-line managers
d. Creating organizational goals and overall strategy
e. Coordinating the work of first-line managers - Answers -D
Which of the following statements about first-line managers is true?
a. They are primarily responsible for implementing policies made by top managers.
b. They are typically involved in creating overall organizational strategies and goals.
c. They officially represent their organization to the external environment.
, d. They typically spend a large proportion of their time supervising the work of their
subordinates.
e. They make decisions about activities such as acquiring other companies and entering
or abandoning various
markets. - Answers -D
_____ involves selecting a course of action from a set of alternatives.
a. Divesting
b. Controlling
c. Leading
d. Decision making
e. Organizing - Answers -D
One of the titles found in the group of first-line managers is
a. chief executive officer (CEO).
b. coordinator.
c. division head.
d. general manager.
e. plant superintendent. - Answers -B
Determining how a company's activities and resources are to be grouped is called
a. leading.
b. controlling.
c. divesting.
d. planning.
e. organizing. - Answers -E
Steve works with Beta Pharmaceuticals Inc. He is primarily responsible for overseeing
production activities. Tyler is
concerned with decisions such as the number of product units that need to be
manufactured, the overall functioning
of the production plants, and the quality of products. Steve is most likely to be a(n)
_____ manager.
a. operations
b. marketing
c. human resources
d. sales
e. public relations - Answers -A
A typical responsibility of operations managers includes
a. inventory control.
b. sales promotion.
c. accounting.
d. employee development.
e. benefit systems development. - Answers -A
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