Principle of Managment

  1. Which of the following is NOT among the major waves of change challenging managers today?
    risk management
  2. Which of the following is one of the reasons companies are operating globally?
    increased opportunities for growth
  3. Which of the following technological changes has had a significant effect on the new competitive landscape?
    the Internet
  4. The set of practices aimed at discovering and harnessing the intellectual resources of an organization is called
    knowledge management.
  5. The set of practices aimed at discovering and harnessing the intellectual resources of an organization is called
    knowledge management.
  6. When P&G set up websites aimed at bringing its customers together, tapping into the popularity of social networking sites like Facebook and MySpace, this was an example of
    customer collaboration.
  7. Products do not sell forever, and competitors are introducing new products all the time. Therefore, your firm must _______, or it will die.

  8. Which of the following is NOT a component of total quality?
    reducing the number of steps in the process to increase quality
  9. Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers is called
    cost competitiveness.
  10. Even though the department she manages is frequently over budget, when Mariah achieves organizational goals, she is
  11. in the new business environment, how is the planning function more dynamically described?
    delivering strategic value
  12. Beyond the traditional descriptions of leading, how can today's managers lead in order to stimulate people to be high performers?
    mobilize people to contribute their ideas
  13. Which of the following defines the management function of controlling?
    monitoring performance and making needed changes
  14. Managers that are focused on long-term issues and emphasize the survival, growth, and overall effectiveness of the organization are known as
    top-level managers.
  15. Which of the following is characteristic of frontline managers?
    They are the link between management and nonmanagement personnel.
  16. Which of the following skills are NOT among those essential to successful managers?
    mechanical skills
  17. Interpersonal and communication skills are sometimes known as
    people skills.
  18. Which of the following is NOT a principle that is recommended to help you manage your career?
    Be comfortable within the work environment.
  19. The skills of understanding yourself, managing yourself, and dealing effectively with others is called
    emotional intelligence.
  20. One's personal relationships can aid career success, compensation, employment, team effectiveness, and successful entrepreneurship, so it is advantageous to develop
    social capital.
  21. Which of the following is true about actively managing your relationship with your organization?
    Instead of doing what you are told, you should think about how you can contribute, act accordingly, and most likely be rewarded and supported in your work.
  22. Given the information in Scenario A, which of the following elements of the macroenvironment was part of Alice's findings?
  23. When Alice read the survey of regional businesses, she was investigating
    he competitive environment.
  24. Findings 1 and 3 are both associated with the
    competitive environment as described by Porter
  25. Finding 2 is most closely associated with which element of the macroenvironment?
    Laws and regulations
  26. The analysis of the competitive environment that you have conducted utilized the work of
Card Set
Principle of Managment