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MGT 103 - Chapter 1 Questions And Answers 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...

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  • October 23, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • mgt 103 chapter 1 questions and answers

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MGT 103 - Chapter 1 Questions And
Answers

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 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. B




One of the titles found in the group of middle managers is

a. director.

b. vice president.

, MGT 103 - Chapter 1 Questions And
Answers
c. supervisor.

d. office manager.


e. plant manager 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. 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

, MGT 103 - Chapter 1 Questions And
Answers
e. Top managers E




A common middle-management title is

a. chief executive officer (CEO).

b. division head.

c. supervisor.

d. office manager.


e. coordinator. 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 A

, MGT 103 - Chapter 1 Questions And
Answers
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. 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 D




Which of the following statements about first-line managers is true?

a. They are primarily responsible for implementing policies made by top managers.

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