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Exam (elaborations)

KSU Management 420 Exam 1 Questions and Answers

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  • Course
  • MGT420
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  • MGT420

Evidence Based Management - Answer-Translating principles based on best evidence into organizational practice, bringing rationality to the decision making process What are the Ten (10) types of roles that mangers play? - Answer-Interpersonal: 1. Figurehead 2. leader 3. Liaison Informationa...

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  • October 25, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGT420
  • MGT420
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lectknancy
KSU Management 420 Exam 1 Questions
and Answers
Evidence Based Management - Answer-Translating principles based on best evidence
into organizational practice, bringing rationality to the decision making process

What are the Ten (10) types of roles that mangers play? - Answer-Interpersonal:
1. Figurehead
2. leader
3. Liaison

Informational:
4. Monitor
5. Disseminator
6. Spokesperson

Decisional:
7. Entrepreneur
8. Negotiator
9. Resource allocator
10. Disturbance handler

Management Definition - Answer-The art of getting things done.

Through others efficient and effective efforts

What are the four levels of management? - Answer-1. Top Managers, Middle 2.
Managers,
3. First-Line Managers
4. Team Leaders

What are the four functions of management? - Answer-Planning (Set Goals),
Organizing (Arrange Tasks)
Leading (Motivate and direct),
Controlling (Monitor performance and take corrective action)

What are the 7 managerial skills? - Answer-1. Technical :
- Basic knowledge on getting work done.
- Lower managers need most

2. Interpersonal (human)
-Biggest focus
- Ways to improve emotional intelligence and ability to manage selves and relationships
efficiently

, -All 3 manager levels need

3. Conceptual: Seeing big picture
-Top levels need most
- Know how to adapt, learn

4. Diagnostic
-Similar to the doctor cause they diagnose symptoms

5. Communication, 6. Decision making, 7. Time-management

Fed-Ex Video - Answer-Background info:
-CEO: Fred Smith
-Fed-Ex is 6th largest airline in world
-Fred s biggest problem and asset (succession)

Other:
-99.7 success rate
-Important to leadership: Don't let people be afraid to deliver bad news
-Controlling: Succession, planning and whos taking over company

CHAPTER 3 - Answer-...

Ethics - Answer-Standards of right and wrong that influence behaviour

Values - Answer-Beliefs about whats appropriate.

Includes terminal and instrumental values (next)

Terminal Values - Answer-Preferences about desired end states

Ex: Self-respect, freedom, happiness

Instrumental values - Answer-Preferences regarding means to desired roles

Ex: Honesty, ambition, imagination and self-discipline

Moral views - Answer-Does decision/behavior respect rights of all humans

ex: Right to free speech, privacy

Utilitarian view - Answer-"greatest good for greatest number"

Ex: Managers using profit, efficiency to determine whats best

Individualism view - Answer-Ethical behavior advances long-term self interests

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