MGMT CHAPTER 1

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  1. 1. Efficiency refers to using people, money, raw materials, and the like wisely and cost-effectively.
    TRUE
  2. 1. In 2006, the average incomes for full-time workers with a bachelor’s degree did not vary significantly from those workers with a high school degree.
    FALSE
  3. 1. To maintain competitive advantage, an organization must stay ahead in which of the following areas?

    A. Speed
    B. Human resources
    C. Customer responsiveness
    D. Marketing
    C. Customer responsiveness
    (this multiple choice question has been scrambled)
  4. 1. When an organization uses ________, every aspect of running the business is facilitated by the Internet.

    A. Databases
    B. E-business
    C. E-commerce
    D. Project management software
    B. E-business
    (this multiple choice question has been scrambled)
  5. 1. The management process includes which of the following management functions?
    A. Innovating
    B. Follow through
    C. Leading
    D. Implementing
    C. Leading
    (this multiple choice question has been scrambled)
  6. 1. _______ is defined as monitoring performance, comparing it with goals and taking corrective action as needed
    A. Delegating
    B. Controlling
    C. Organizing
    D. Leading
    B. Controlling
    (this multiple choice question has been scrambled)
  7. 1. Which type of manager is responsible for just one organizational activity
    A. Top
    B. General
    C. Middle
    D. Functional
    D. Functional
    (this multiple choice question has been scrambled)
  8. Which of the following is a decisional managerial role?
    A. disturbance handler role
    B. leadership role
    C. liaison role
    D. monitor role
    A. disturbance handler role
    (this multiple choice question has been scrambled)
  9. Intrapreneurship is the process of taking risks to try to create a new enterprise.
    false
  10. which of the following characteristics can be best found in an entrepreneur rather than a manager?

    A. high tolerance for risk
    B. belief in personal control of destiny
    C. high need for achievement
    D. internal locus of control
    A. high tolerance for risk
    (this multiple choice question has been scrambled)
Author:
paulpfiction
ID:
55007
Card Set:
MGMT CHAPTER 1
Updated:
2010-12-11 20:10:17
Tags:
CHAPTER QUIZ
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Description:
CHAPTER 1 QUIZ
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