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MAN 3025 Exam 1 Questions And Answers With Verified Solutions
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MAN 3025 Exam 1 Questions And Answers With Verified Solutions
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MAN 3025 Exam 1 Questions And Answers WithVerified Solutions
organization ANS a group of people who work together to achieve some specific purpose
management ANS 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 ANS means to use resources-people, money raw materials, and the like - wisely and
cost effectively
effectiveness ANS means to achieve results, to make the right decisions and to successfully carry
them out so that they achieve the organization's goals
planning ANS setting goals and deciding how to achieve them
organizing ANS arranging tasks, people, and other resources to accomplish the work
leading ANS motivating, directing, and otherwise influencing people to work hard to achieve the
organization's goals
controlling ANS monitoring performance, comparing it with goals, and taking corrective action
as needed
competitive advantage ANS the ability of an organization to produce goods or services more
effectively than competitors do, thereby outperforming them
innovation ANS finding ways to deliver new or better goods or services
sustainability ANS economic development that meets the needs of the present without
compromising the ability of future generations to meet their own needs
, top managers ANS make long-term decisions about the overall direction of the organization and
establish the objectives, policies, and strategies for it
middle managers ANS 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 ANS make short-term operating decisions, directing the daily tasks of non-
mangerial personnel
team leader ANS a manager who is responsible for facilitating team activities toward achieving
key results
functional manager ANS responsible for just one organizational activity
general manager ANS responsible for several organizational activities
for-profit organization ANS goal is to make money, or profits, by offering products or services
non-profit organization ANS their purpose is to offer services to some clients, not to make a
profit
technical skills ANS consist of the job-specific knowledge needed to perform well in a
specialized field
conceptual skills ANS consist of the ability to think analytically, to visualize an organization as a
whole and understand how the parts work together
human skills ANS consist of the ability to work well in cooperation with other people to get
things done
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