Chapter 1 Strat Mgmt - Strategic Management Chapter 1...

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Unformatted text preview: Strategic Management Chapter 1 TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 1) Management affects employee morale but not a company's financial performance. 2) Effectiveness refers to the relationship between inputs and outputs. 3) Efficiency is described as "doing things right." 4) Supervisors and foremen may both be considered first- line managers. 5) Effectiveness is concerned with the means of getting things done, while efficiency is concerned with the attainment of organizational goals. 6) Technical skills become less important as a manager moves into higher levels of management. 7) Human skills is the ability to work well with other people. MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 8) Which of the following best reflects the management structure of a traditional organization? 8) Which of the following best reflects the management structure of a traditional organization?...
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Chapter 1 Strat Mgmt - Strategic Management Chapter 1...

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