Question 1

How to allocate organizational resources to pursue the strategies that attain set goals is a question addressed during
A)regulating.
B)planning.
C)leading.
D)controlling.

Accepted Answer

Planning involves determining how to allocate resources to achieve organizational goals and strategies.

Question 2

You own a company that produces jewelry with attractive, popular designs but uses resources that makes the product too expensive for most potential buyers. Which of the following would you do to increase efficiency?
A)arrange a deal with the supplier to lower the cost of the resources
B)make sure the resources are used to make the designs even more popular
C)fire the jewelry designers and replace them with less artistic ones
D)make the jewelry less attractive, but still use the same high-quality resources

Accepted Answer

Negotiating with the supplier to lower the cost of resources can help reduce production costs, making the jewelry more affordable while maintaining its attractiveness and quality.

Question 3

In order to ensure that it has a competitive advantage over its competitors, Best Star, Ltd., decides to acquire the much smaller KAG, Inc. The move is an example of a
A)vision.
B)business model.
C)strategy.
D)mission.

Accepted Answer

Acquiring a company to gain a competitive advantage is a strategic decision, making it an example of a strategy.

Question 4

Low efficiency/low effectiveness situations results in a
A)product that customers want but is too expensive to buy.
B)product customers want at a price they can afford.
C)low-quality product that customers do not want.
D)high-quality product that customers do not want.

Accepted Answer

Low efficiency and low effectiveness typically result in a product that is of low quality and does not meet customer needs or desires, making it undesirable.

Question 5

Which of the following refers to a cluster of decisions concerning what organizational goals to pursue, what actions to take, and how to use resources to achieve these goals?
A)strategy
B)assessment
C)collaboration
D)deputation

Accepted Answer

Strategy involves making decisions about organizational goals, actions, and resource allocation to achieve those goals.

Question 6

What must one do to perform the essential managerial task of controlling in achieving organizational goals?
A)Articulate a clear organizational vision for the organization's members to accomplish by a specified deadline.
B)Organize people into departments according to the kinds of job-specific tasks they perform.
C)Identify and select appropriate organizational goals and courses of action.
D)Establish accurate measuring and monitoring systems to evaluate how well goals have been achieved.

Accepted Answer

To perform the managerial task of controlling, one must establish systems to measure and monitor performance to ensure that organizational goals are being met.

Question 7

In what order do managers typically perform the managerial functions?
A)organizing, planning, controlling, leading
B)organizing, leading, planning, controlling
C)planning, organizing, leading, controlling
D)planning, organizing, controlling, leading

Accepted Answer

Managers typically perform the functions in the order of planning, organizing, leading, and controlling.

Question 8

Sosuke's company has low efficiency and low effectiveness. Considering this, which of the following applies?
A)Sosuke produces easy-to-use copy machines, thus increasing demand for them, but uses cheap resources that often makes them break down.
B)Sosuke produces easy-to-use copy machines, thus increasing demand for them, and uses quality resources that makes them durable.
C)Sosuke produces copy machines that are complicated to use, thus lowering demand for them, and uses cheap resources that often makes them break down.
D)Sosuke produces copy machines that are complicated to use, thus lowering demand for them, but uses quality resources that makes them durable.

Accepted Answer

Low efficiency and low effectiveness mean the company is not producing desired results and is wasting resources. Producing complicated machines that lower demand and using cheap resources that cause breakdowns align with this scenario.

Question 9

Which of the following describes the essential managerial task of leading in achieving organizational goals?
A)motivate, coordinate, and energize individuals and groups
B)evaluate how well the organization has achieved its goals
C)choose appropriate goals and courses of action
D)establish task and authority relationships to allow people to work together

Accepted Answer

Leading involves motivating, coordinating, and energizing individuals and groups to work towards achieving organizational goals.

Question 10

Which of the following managers has achieved the objectives of the essential managerial task of organizing?
A)Matteo, who has chosen appropriate organizational goals
B)Val, who has set task and authority relationships that allow people to work together
C)Henrietta, who has determined courses of action to achieve organizational goals
D)Ha-yoon, who has established systems to evaluate goal achievement

Accepted Answer

Organizing involves setting up task and authority relationships that enable people to work together effectively, which is what Val has done.

Question 11

The goals chosen by the management of Ameer's Cafe seemed inappropriate for the store, but the management did make good use of the various resources in pursuing these goals. Ameer's Cafe is said to have
A)low efficiency and high effectiveness.
B)high efficiency and high effectiveness.
C)low efficiency and low effectiveness.
D)high efficiency and low effectiveness.

Accepted Answer

Ameer's Cafe is described as making good use of resources, which indicates high efficiency. However, the goals were inappropriate, suggesting low effectiveness.

Question 12

Time After Time, Inc., produces reliable, attractive watches that are reasonably priced. Which of the following applies to this example?
A)low efficiency and low effectiveness
B)high efficiency and low effectiveness
C)low efficiency and high effectiveness
D)high efficiency and high effectiveness

Accepted Answer

The company produces reliable and attractive watches at a reasonable price, indicating that they are both efficient (using resources wisely to keep costs low) and effective (meeting customer needs with quality products).

Question 13

The formal system of task and reporting relationships that coordinates and motivates organizational members so they work together to achieve organizational goals is called organizational
A)structure.
B)performance.
C)goals.
D)resources.

Accepted Answer

Organizational structure is the formal system of task and reporting relationships that coordinates and motivates organizational members so they work together to achieve organizational goals.

Question 14

Kiddy Toys produced beautifully made stuffed animals that many customers wanted. However, the product was so expensive that most potential customers could not afford it. Which of the following applies to this scenario?
A)low efficiency and low effectiveness
B)high efficiency and low effectiveness
C)low efficiency and high effectiveness
D)high efficiency and high effectiveness

Accepted Answer

The answer of Kiddy Toys produced beautifully made stuffed animals...

Question 15

The essential managerial task of planning involves
A)establishing task and authority relationships so that people work together.
B)motivating individuals and groups to work together.
C)choosing appropriate goals and courses of action.
D)evaluating how well the organization has achieved its goals.

Accepted Answer

Planning involves setting objectives and determining the best course of action to achieve those goals.

Question 16

Which of the four principal managerial tasks can help Sargis understand his performance in the other three tasks?
A)planning
B)organizing
C)controlling
D)leading

Accepted Answer

Controlling involves monitoring performance and making adjustments, which helps in evaluating and understanding performance in planning, organizing, and leading.

Question 17

Which of the following describes organizational performance that results in a high-quality product that customers do not want?
A)low efficiency and low effectiveness
B)high efficiency and low effectiveness
C)low efficiency and high effectiveness
D)high efficiency and high effectiveness

Accepted Answer

High efficiency means the product is produced with minimal resources, but low effectiveness indicates that the product does not meet customer needs or demands.

Question 18

Isabella decided that Golden Key Enterprises should expand its markets in Europe and laid out a seven-step procedure to accomplish this. Which of the following tasks is Isabella doing?
A)planning
B)organizing
C)leading
D)controlling

Accepted Answer

Isabella is engaging in planning as she is setting out a procedure to achieve a specific goal, which is expanding markets in Europe.

Question 19

Organizational structure is the formal system of
A)financial analysis and management.
B)task and reporting relationships.
C)vision creation and articulation.
D)goal selection and implementation.

Accepted Answer

Organizational structure refers to the way tasks and reporting relationships are organized within a company, determining how roles, power, and responsibilities are assigned and coordinated.

Question 20

Which of the following describes organizational performance that results in a low-quality product that customers do not want?
A)low efficiency and low effectiveness
B)high efficiency and low effectiveness
C)low efficiency and high effectiveness
D)high efficiency and high effectiveness

Accepted Answer

Low efficiency and low effectiveness result in a low-quality product that customers do not want.

Quiz 1: The Management Process Today

How to allocate organizational resources to pursue the strategies that attain set goals is a question addressed during

You own a company that produces jewelry with attractive, popular designs but uses resources that makes the product too expensive for most potential buyers. Which of the following would you do to increase efficiency?

In order to ensure that it has a competitive advantage over its competitors, Best Star, Ltd., decides to acquire the much smaller KAG, Inc. The move is an example of a

Low efficiency/low effectiveness situations results in a

Which of the following refers to a cluster of decisions concerning what organizational goals to pursue, what actions to take, and how to use resources to achieve these goals?

What must one do to perform the essential managerial task of controlling in achieving organizational goals?

In what order do managers typically perform the managerial functions?

Sosuke's company has low efficiency and low effectiveness. Considering this, which of the following applies?

Which of the following describes the essential managerial task of leading in achieving organizational goals?

Which of the following managers has achieved the objectives of the essential managerial task of organizing?

The goals chosen by the management of Ameer's Cafe seemed inappropriate for the store, but the management did make good use of the various resources in pursuing these goals. Ameer's Cafe is said to have

Time After Time, Inc., produces reliable, attractive watches that are reasonably priced. Which of the following applies to this example?

The formal system of task and reporting relationships that coordinates and motivates organizational members so they work together to achieve organizational goals is called organizational

Kiddy Toys produced beautifully made stuffed animals that many customers wanted. However, the product was so expensive that most potential customers could not afford it. Which of the following applies to this scenario?

The essential managerial task of planning involves

Which of the four principal managerial tasks can help Sargis understand his performance in the other three tasks?

Which of the following describes organizational performance that results in a high-quality product that customers do not want?

Isabella decided that Golden Key Enterprises should expand its markets in Europe and laid out a seven-step procedure to accomplish this. Which of the following tasks is Isabella doing?

Organizational structure is the formal system of

Which of the following describes organizational performance that results in a low-quality product that customers do not want?