Chapter 7 questions

Chapter 7 questions - Chapter 7 The Nature of Management...

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Chapter 7 The Nature of Management True/False Questions T F 1. Managers coordinate physical, human, and financial resources to achieve organizational objectives. Answer: True Difficulty: Easy Page: 146 Learning Objective: 1 Bloom's Taxonomy: Knowledge T F 2. Managers can run a business with only human and physical resources. Answer: False Difficulty: Medium Page: 146 Learning Objective: 1 Bloom's Taxonomy: Knowledge T F 3. Managers engage in planning, organizing, staffing, directing, and controlling. Answer: True Difficulty: Easy Page: 146 Learning Objective: 1 Bloom's Taxonomy: Knowledge T F 4. Management takes place only in business settings. Answer: False Difficulty: Easy Page: 146 Learning Objective: 1 Bloom's Taxonomy: Comprehension T F 5. Management is a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment. Answer: True Difficulty: Easy Page: 146 Learning Objective: 1 Bloom's Taxonomy: Knowledge Multiple Choice Questions 6. Management is a process A) that is unanimous. B) of dissipating resources. C) of coordinating resources to achieve objectives. D) that works well. E) of humiliating employees. Answer: C Difficulty: Easy Page: 146 Learning Objective: 1 Bloom's Taxonomy: Knowledge
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7. In which of the following organizations is management important? A) Businesses B) Hospitals C) Schools D) Labor unions E) All of the above Answer: E Difficulty: Easy Page: 146 Learning Objective: 1 Bloom's Taxonomy: Knowledge 8. All of the following would be likely objectives of a business except A) increasing profits. B) improving market share. C) reducing efficiency. D) gaining customers. E) increasing sales. Answer: C Difficulty: Easy Page: 146 Learning Objective: 1 Bloom's Taxonomy: Comprehension 9. All of the following are typical resources that must be acquired by each organization in the pursuit of its objectives except A) people. B) raw materials and equipment. C) money. D) information. E) laws and regulations. Answer: E Difficulty: Medium Page: 146 Learning Objective: 1 Bloom's Taxonomy: Knowledge 10. If a manager is concerned about doing the work with the least cost and waste, then her primary managerial concern is A) effectiveness. B) accountability. C) delegation. D) hiring. E) efficiency. Answer: E Difficulty: Medium Page: 146 Learning Objective: 1 Bloom's Taxonomy: Comprehension 11. All of the following would be likely objectives of nonprofit organizations except A) solving national problems. B) transmitting knowledge. C) increasing profits. D) finding shelter for homeless. E) enlightening the community. Answer: C Difficulty: Easy Page: 147 Learning Objective: 1 Bloom's Taxonomy: Comprehension
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12. _____ make decisions about the use of an organization's resources and are concerned with planning, organizing, leading, and controlling the organization's activities. A) Managers
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Chapter 7 questions - Chapter 7 The Nature of Management...

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