Principles of Business
Which of the following statements comparing today's workers with those from earlier eras is
most accurate? Compared to earlier workers, today's employees are:
more willing to leave the firm to seek better opportunities
3 multiple choice options
How are managers today different from managers in the past?
Managers today emphasize teamwork and communication
3 multiple choice options
Brainpower
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The management function concerned with anticipating future trends and determining the best
strategies to achieve an organization's goals and objectives is known as:
planning
3 multiple choice options
When managers work on creating conditions and systems to ensure that everything and
everyone works together to achieve the organization's goals, they are involved in
the__________ function of management.
organizing
3 multiple choice options
____________ is the management function that involves determining whether an organization is
progressing toward its goals, rewarding employees for doing a good job, and taking corrective
action when they are not.
controlling
3 multiple choice options
When managers determine that an organization is not making sufficient effort toward achieving
its goals and objectives and develop corrective measures, they are involved in:
controlling
3 multiple choice options
, Which of the following activities is part of the planning function of a manager?
Looking at market forecasts to identify future business opportunities and challenges
3 multiple choice options
A vision for a company is:
an explanation of why the company exists and where it wants to go
3 multiple choice options
_________ analysis is used to help companies evaluate their economic environments, assess
their strengths and weaknesses, and identify competitive threats and market opportunities.
SWOT
Gina Raiter, the president and CEO of AutoMotion Auto Service Centers, has asked several
managers and employees to help establish a statement to outline the fundamental purposes of
their company. The result of this effort is likely to be a document known as a(n):
mission statement
3 multiple choice options
A(n) __________is used by an organization to show who is accountable for the completion of
specific work and who reports to whom.
organization chart
3 multiple choice options
General and divisional managers, plant managers, and deans and department heads at
colleges all are positions that usually are classified as:
middle management
3 multiple choice options
Supervisory managers spend most of their time on:
technical and human relations skills
3 multiple choice options
The __________ style of leadership is characterized by making managerial decisions without
consulting others.
autocratic
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