Question 1

Ellison is a new employee at Merry Yacht Hotels.Walter is an employee that has been with the hotel chain ten years.Josephine,who oversees both of these employees,may find that she should use a different leadership styles with Ellison than with Walter.

Accepted Answer

A) True 
 B)False

Question 2

The abilities to plan,coordinate,and delegate are among a manager's most basic technical skills.

Accepted Answer

A) True 
 B)False

Question 3

A(n) _________ leader would set objectives and give employees a great deal of freedom to decide for themselves how to accomplish those objectives.

Accepted Answer

A)  type A
B)  laissez-faire
C)  autocratic
D)  aristocraticE) B) and D)
F) None of the above

Question 4

A mission statement should provide a detailed explanation of how a company will achieve its objectives.

Accepted Answer

A) True 
 B)False

Question 5

are broad,long-term accomplishments an organization wants to achieve.

Accepted Answer

A)  Agendas
B)  Directives
C)  Objectives
D)  GoalsE) A) and D)
F) A) and C)

Question 6

A(n) ________is a visual device which shows relationships among people and divides the organization's work.

Accepted Answer

A)  organization chart
B)  Venn diagram
C)  Gantt chart
D)  corporate treeE) All of the above
F) A) and B)

Question 7

According to well-known management consultant Peter Drucker,managers provide:

Accepted Answer

A)  a direction for their organization and leadership.
B)  rules and regulations.
C)  scientific analysis of data and philosophical insights into fundamental questions.
D)  technical know-how and consistency.E) A) and B)
F) C) and D)

Question 8

Financing is one of the four key functions of management.

Accepted Answer

A) True 
 B)False

Question 9

Supervisory managers are those who directly oversee the activities of workers and evaluate their daily performance.

Accepted Answer

A) True 
 B)False

Question 10

One step in the rational decision-making model is to develop alternatives.

Accepted Answer

A) True 
 B)False

Question 11

AlumiPlate's SWOT analysis revealed that potential competitors would find it difficult to begin operations in this specialized metal-coating industry.Using the terminology of SWOT,this is an example of a(n) :

Accepted Answer

A)  strength.
B)  threat.
C)  competitive restraint.
D)  economy of scale.E) A) and B)
F) All of the above

Question 12

The reality of contingency planning is that,

Accepted Answer

A)  if done properly something can be prevented from happening.
B)  it is seldom used today,as rarely does any business not achieve their primary plans.
C)  they are an acknowledgement that a business has done a poor job of planning.
D)  this type of planning at best will allow a business to properly prepare for something or some event that may happen.E) None of the above
F) All of the above

Question 13

A vision is the overall explanation of why an organization exists and where it is trying to head.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A)  Operational
B)  Crisis
C)  Tactical
D)  SWOTE) A) and B)
F) None of the above

Question 15

As a management function,the main focus of controlling is to keep complete and up-to-date records of the organization's financial transactions for tax and regulatory purposes.

Accepted Answer

A) True 
 B)False

Question 16

The________ style of leadership is characterized by making managerial decisions without consulting others.

Accepted Answer

A)  democratic
B)  expectational
C)  bureaucratic
D)  autocraticE) None of the above
F) A) and D)

Question 17

How are managers today different from managers in the past?

Accepted Answer

A)  Managers in the past would use praise and gentle suggestions.
B)  Managers in the past were less loyal to their employer.
C)  Managers today are more likely to reprimand workers.
D)  Managers today emphasize teamwork and communication.E) A) and B)
F) None of the above

Question 18

Contingency planning is most important in markets where conditions are relatively stable and market growth is predictable.

Accepted Answer

A) True 
 B)False

Question 19

The weakest link in the controlling process tends to be the setting of standards.

Accepted Answer

A) True 
 B)False

Question 20

The top managers at the Sax Department Store find that their employees do not really share a common sense of purpose or have a common set of values.This suggests that top management has not provided a clear vision for the firm.

Accepted Answer

A) True 
 B)False

Exam 8: Management and Leadership

Financing is one of the four key functions of management.

Correct AnswerverifiedShow Answer

A(n) ________is a visual device which shows relationships among people and divides the organization's work.

Correct AnswerverifiedShow Answer

are broad,long-term accomplishments an organization wants to achieve.

Correct AnswerverifiedShow Answer

AlumiPlate's SWOT analysis revealed that potential competitors would find it difficult to begin operations in this specialized metal-coating industry.Using the terminology of SWOT,this is an example of a(n) :

Correct AnswerverifiedShow Answer

According to well-known management consultant Peter Drucker,managers provide:

Correct AnswerverifiedShow Answer

A vision is the overall explanation of why an organization exists and where it is trying to head.

Correct AnswerverifiedShow Answer

A mission statement should provide a detailed explanation of how a company will achieve its objectives.

Correct AnswerverifiedShow Answer

Ellison is a new employee at Merry Yacht Hotels.Walter is an employee that has been with the hotel chain ten years.Josephine,who oversees both of these employees,may find that she should use a different leadership styles with Ellison than with Walter.

Correct AnswerverifiedShow Answer

The weakest link in the controlling process tends to be the setting of standards.

Correct AnswerverifiedShow Answer

Supervisory managers are those who directly oversee the activities of workers and evaluate their daily performance.

Correct AnswerverifiedShow Answer

One step in the rational decision-making model is to develop alternatives.

Correct AnswerverifiedShow Answer

How are managers today different from managers in the past?

Correct AnswerverifiedShow Answer

Contingency planning is most important in markets where conditions are relatively stable and market growth is predictable.

Correct AnswerverifiedShow Answer

The reality of contingency planning is that,

Correct AnswerverifiedShow Answer

A(n) _________ leader would set objectives and give employees a great deal of freedom to decide for themselves how to accomplish those objectives.

Correct AnswerverifiedShow Answer

The________ style of leadership is characterized by making managerial decisions without consulting others.

Correct AnswerverifiedShow Answer

The abilities to plan,coordinate,and delegate are among a manager's most basic technical skills.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The top managers at the Sax Department Store find that their employees do not really share a common sense of purpose or have a common set of values.This suggests that top management has not provided a clear vision for the firm.

Correct AnswerverifiedShow Answer

As a management function,the main focus of controlling is to keep complete and up-to-date records of the organization's financial transactions for tax and regulatory purposes.

Correct AnswerverifiedShow Answer

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