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MADM301 Final Exam Review UPDATED Exam Questions and CORRECT Answers

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MADM301 Final Exam Review UPDATED Exam Questions and CORRECT Answers Whether a person begins his or her career at the entry level or as a supervisor, his or her job as a manager is to do the work. (T/F)? - Correct Answer- False According to Jeffrey Pfeffer, companies that invest in business i...

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  • August 15, 2024
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  • MADM301
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MADM301 Final Exam Review UPDATED
Exam Questions and CORRECT Answers

Whether a person begins his or her career at the entry level or as a supervisor, his or her job
as a manager is to do the work. (T/F)? - Correct Answer- False


According to Jeffrey Pfeffer, companies that invest in business ideas will create long-lasting
competitive advantages that are difficult for other companies to duplicate. (T/F)? - Correct
Answer- False


The ___________ is the decisional role that managers play when they discuss schedules,
projects, goals, outcomes, resources, and employee raises. - Correct Answer- Negotiator role


___________ increase in importance as managers rise through the management hierarchy. -
Correct Answer- Conceptual skills


In the context of Mintzberg's managerial roles, managers in the __________ share
information with people outside their departments or companies. - Correct Answer-
Spokesperson role


A Gantt chart indicates what? - Correct Answer- A project schedule


One of the practical implications of the contingency approach to management is that
management is much harder than it looks. (T/F)? - Correct Answer- True


The contingency approach to management clearly states that all management ideas or
practices are universal. (T/F)? - Correct Answer- False


What is a bureaucratic organization? - Correct Answer- A form of management that has a
pyramidal command structure
Bureaucracy - the exercise of control on the basis of knowledge, expertise, or experience
- promote employees based on their experience or achievements
- managers should supervise an organization to reduce favoritism

, According to Henri Fayol's fourteen principles of management, order can be achieved in an
organization by ___________. - Correct Answer- Having a place for everyone


According to Chester Bernard, people will be indifferent to managerial directives or orders if
they __________. - Correct Answer- Are consistent with the purpose of an organization


Mary Parker Follett believed that the best way to deal with conflict was ___________. -
Correct Answer- Integration


What exemplifies a political/legal trend in the general organizational environments? - Correct
Answer- Regulations concerning the disposal of biological wastes


Hodge finishes his work before its scheduled end date so that he can help his colleagues who
are lagging behind. In the context of scientific management, Hodge is a ____________. -
Correct Answer- Rate Buster


Kevin owns a restaurant. He does not hire or dismiss his employees and has a dedicated team
that handles the hiring of chefs and other workers. Tasks and responsibilities of every
employee are well defined and documented. Based on the given information, Kevin's
restaurant is a ___________. - Correct Answer- Bureaucratic Organization


__________ are companies in the same industry that sell similar products or services to
customers. - Correct Answer- Competitors


Environment, this scenario best illustrates the effect of the ___________ on organizations. -
Correct Answer- Industry regulations


The __________ stops companies from engaging in unfair labor practices. - Correct Answer-
National Labor Relations Board


What is environmental uncertainty? - Correct Answer- The degree of change and complexity
in an organizations environment

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