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_________ planning is a part of contingency planning that is used to deal with sudden and unexpected changes in the business environment.


A) Crisis
B) Tactical
C) Operational
D) SWOT

E) B) and C)
F) None of the above

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Because economic and competitive environments frequently change,organizations should:


A) set a long-term plan and stick to it.
B) develop contingency plans.
C) save time and money by cutting back on planning.
D) eliminate any long-term strategic plans,but devise short-term tactical plans and update them once a year.

E) C) and D)
F) A) and C)

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Due to the fact that employees today often know much more about technology and the technical aspects of their jobs than their managers do,progressive managers emphasize team work and cooperation as a strategy for getting work done.

A) True
B) False

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The four key management functions are planning,organizing,leading,and controlling.

A) True
B) False

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Liz is a first-line manager at her company,which is very traditional in its approach to management.In her position,Liz probably spends a lot of time giving employees detailed and specific instructions.

A) True
B) False

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The CEO of peripheral company QuickDrive uses a leadership style that encourages employees to discuss management issues with the CEO and to work together to resolve those issues in a democratic manner.Which of the following statements would the CEO of QuickDrive most likely make?


A) The key to QuickDrive staying on top in a high-tech industry is not wasting time checking out what other firms do,but to act immediately on my directives
B) In a high-tech business,it is more important to invest in technology than to invest in people
C) The key to keeping talented employees loyal to QuickDrive is to use a participative management style and treat them with respect,value their ideas,give them the resources they need,and expect great things from them
D) Spending a lot of money to buy out competitors for their technology is likely to backfire,because QuickDrive is a leader in technology development

E) B) and C)
F) C) and D)

Correct Answer

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In the control process the first step is to:


A) communicate results and deviations to employees.
B) compare results to plans and standards.
C) set clear and appropriate standards.
D) monitor and record performance.

E) None of the above
F) All of the above

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In traditional organizations,directing includes both giving assignments to workers and providing feedback on their performance.

A) True
B) False

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Ricardo works as a department head at Barnes Hospital.His job requires Ricardo to spend most of his time training and coaching employees to perform their jobs more effectively and teaching other managers to be better leaders.Ricardo's job requires him to make full use of his:


A) technical skills.
B) conceptual skills.
C) orientation skills.
D) human relations skills.

E) A) and C)
F) A) and B)

Correct Answer

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Mini-Case Lauzy Fare left his position as senior vice president at Blue Skies Electronics a few weeks ago to become the new CEO of Idle Time Gaming.Before joining the new company,Lauzy spent time studying Idle Time's competitive position and talking to employees in all divisions and at all levels of the organization.Based on his findings,Lauzy believes that Idle Time has potential,but also faces some serious challenges if it expects to grow. Lauzy found that when confronted by him,most of Idle Time's professional employees seemed almost afraid to express their opinions.He learned that Otto Craddick,the previous CEO and founder of the company viewed himself as the boss,and,as such,micromanaged every aspect of the business.This discouraged employees from using their own initiatives and ideas to solve problems.For example,Otto required sales and service representatives to get his approval before they made any major commitments to customers.Otto's policy prevented the organization from responding quickly to customer requests,so sales were lost.Unlike his predecessor,Lauzy believes it is important for sales and service personnel to be able to deal with many types of customer requests without needing approval from top management.He is confident that giving employees the authority and flexibility to deal with customers,and providing them with the training and resources to help them do so,will improve morale within the company,create customer satisfaction,and grow revenues. Lauzy also wants to make workers throughout the organization feel more appreciated.He plans to continue meeting with them on a regular basis to seek their advice.He hopes his work colleagues will eventually respond to his leadership style.He has already encouraged middle managers to get employees more involved in decision-making,and has suggested some problem solving techniques the managers could try. Although he thought that changing the rigidity of the company culture would be his first challenge at the new firm,Lauzy quickly realized that there were no standards in place to measure the progress of changes in internal morale,customer satisfaction,and profitability.He has asked managers in those departments to spend more time setting performance standards and then monitoring actual performance.Lauzy is confident that in a relatively short period of time internal changes will lead to good company performance.As a member of top management,Lauzy performs a variety of important tasks. -Lauzy seems to prefer a(n) __________ style of leadership.


A) autocratic
B) democratic (or participative)
C) PMI
D) altruistic

E) A) and B)
F) A) and C)

Correct Answer

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Managers who listen to their subordinates and allow them to participate in decision-making are using the ____________ style of leadership.


A) autocratic
B) free-rein
C) participative
D) bureaucratic

E) All of the above
F) A) and D)

Correct Answer

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Which of the following management positions is responsible for getting the right information to other managers to enable them to make better decisions?


A) Chief executive officer (CEO)
B) Chief financial officer (CFO)
C) Chief planning officer (CPO)
D) Chief information officer (CIO)

E) B) and C)
F) C) and D)

Correct Answer

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A vision for a company is:


A) an explanation of why the company exists and where it wants to go.
B) the same thing as an objective.
C) a detailed plan that outlines the major organizational structure of the firm.
D) very relevant for the short-term,but less useful for the long-term.

E) A) and C)
F) A) and D)

Correct Answer

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Contingency planning involves developing alternative courses of action to be used if the primary plans do not achieve the desired results.

A) True
B) False

Correct Answer

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Sharon needed to solve a problem quickly,so she called together the work team in her department and asked them to list as many possible solutions as they could come up with in a short period of time.During the process she encouraged responses and avoided censoring what her workers said.Sharon is utilizing a problem solving technique known as brainstorming.

A) True
B) False

Correct Answer

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Managers in progressive firms of all kinds tend to be friendly,and treat employees as partners.

A) True
B) False

Correct Answer

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After thirteen years as a laborer for Hendrix Construction,Jimmy was promoted to the position of foreman.He is directly responsible for assigning various jobs to his work crew and evaluating their performance on a daily basis.Jimmy is now a member of:


A) top management.
B) middle management.
C) supervisory management.
D) forward management.

E) All of the above
F) A) and B)

Correct Answer

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Leaders:


A) embrace change.
B) are mainly concerned with tactical issues as opposed to change issues.
C) tend to do the work themselves rather than delegate it to others.
D) strive to maintain order and stability.

E) A) and B)
F) A) and C)

Correct Answer

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Beth has spent the last two hours going over some consumer surveys to see how well her company is achieving its goal of improving customer satisfaction.Beth's efforts are an example of the controlling function of management.

A) True
B) False

Correct Answer

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Mini-Case Lauzy Fare left his position as senior vice president at Blue Skies Electronics a few weeks ago to become the new CEO of Idle Time Gaming.Before joining the new company,Lauzy spent time studying Idle Time's competitive position and talking to employees in all divisions and at all levels of the organization.Based on his findings,Lauzy believes that Idle Time has potential,but also faces some serious challenges if it expects to grow. Lauzy found that when confronted by him,most of Idle Time's professional employees seemed almost afraid to express their opinions.He learned that Otto Craddick,the previous CEO and founder of the company viewed himself as the boss,and,as such,micromanaged every aspect of the business.This discouraged employees from using their own initiatives and ideas to solve problems.For example,Otto required sales and service representatives to get his approval before they made any major commitments to customers.Otto's policy prevented the organization from responding quickly to customer requests,so sales were lost.Unlike his predecessor,Lauzy believes it is important for sales and service personnel to be able to deal with many types of customer requests without needing approval from top management.He is confident that giving employees the authority and flexibility to deal with customers,and providing them with the training and resources to help them do so,will improve morale within the company,create customer satisfaction,and grow revenues. Lauzy also wants to make workers throughout the organization feel more appreciated.He plans to continue meeting with them on a regular basis to seek their advice.He hopes his work colleagues will eventually respond to his leadership style.He has already encouraged middle managers to get employees more involved in decision-making,and has suggested some problem solving techniques the managers could try. Although he thought that changing the rigidity of the company culture would be his first challenge at the new firm,Lauzy quickly realized that there were no standards in place to measure the progress of changes in internal morale,customer satisfaction,and profitability.He has asked managers in those departments to spend more time setting performance standards and then monitoring actual performance.Lauzy is confident that in a relatively short period of time internal changes will lead to good company performance.As a member of top management,Lauzy performs a variety of important tasks. -Lauzy favors problem-solving techniques that allow teams of workers to freely identify and discuss possible solutions to a problem without having their ideas censored.Which of the following is a problem solving technique that Lauzy is likely to suggest to his managers?


A) SWOT analysis
B) PERT analysis
C) Brainstorming
D) Controlling

E) None of the above
F) A) and D)

Correct Answer

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