Question 1

Managers who are effective at meeting organizational goals always act efficiently.

Accepted Answer

While efficiency is important, effectiveness also includes making the right decisions and taking actions that lead to achieving organizational goals in the most successful way possible, not just the quickest or cheapest way.

Question 2

Today's managers are just as likely to be women as they are men.

Accepted Answer

In many industries and countries, there is a growing trend towards greater gender diversity in management positions. According to a 2019 study by Grant Thornton, the percentage of senior management roles held by women globally reached 29%, which indicates progress towards greater gender equality.

Question 3

Effectiveness is concerned with the means of getting things done, while efficiency is concerned with the attainment of organizational goals.

Accepted Answer

Effectiveness is about doing the right things to achieve organizational goals, while efficiency is about doing things in the most economical way possible, regardless of whether they are the right things.

Question 4

Supervisors and foremen may both be considered first-line managers.

Accepted Answer

Supervisors and foremen are both responsible for overseeing the work of non-managerial employees and ensuring that tasks are completed efficiently, which classifies them as first-line managers.

Question 5

Coaching and budgeting are skills closely related to the management function of leading.

Accepted Answer

The answer of Coaching and budgeting are skills closely related...

Question 6

In order to be considered a manager, an individual must coordinate the work of others.

Accepted Answer

Managers are responsible for overseeing the work of others and ensuring that it is coordinated in order to meet the goals and objectives of the organization. Without this requirement, the individual would not be a manager.

Question 7

Determining who reports to whom is part of the controlling function of management.

Accepted Answer

The answer of Determining who reports to whom is part...

Question 8

Effectiveness refers to the relationship between inputs and outputs.

Accepted Answer

Effectiveness refers to the extent to which objectives are achieved, focusing on the end result rather than the relationship between inputs and outputs, which is more accurately described as efficiency.

Question 9

Management affects employee morale but not a company's financial performance.

Accepted Answer

Management can have a significant impact on a company's financial performance through their decisions on strategy, operations, and resource allocation. A positive and effective management style can lead to increased productivity, innovation, and job satisfaction, which can ultimately result in improved financial performance. Conversely, poor management can lead to low employee morale, high turnover rates, and potential legal issues, all of which can have negative financial effects on a company.

Question 10

Mintzberg's informational management role involves receiving, collecting, and disseminating information.

Accepted Answer

Mintzberg's informational role includes the monitor, disseminator, and spokesperson roles, which involve handling and sharing information.

Question 11

Disturbance handler is one of Mintzberg's interpersonal roles.

Accepted Answer

Disturbance handler is one of Mintzberg's decisional roles, not interpersonal roles.

Question 12

A goal of efficiency is to minimize resource costs.

Accepted Answer

Efficiency is defined as achieving maximum productivity with minimum wasted effort or expense. Therefore, minimizing resource costs is a key aspect of achieving efficiency.

Question 13

A finance manager who reads the Wall Street Journal on a regular basis would be performing the figurehead role.

Accepted Answer

Reading the Wall Street Journal is a task related to the informational role, not the figurehead role. The figurehead role involves ceremonial and symbolic duties such as representing the company at public events.

Question 14

Fayol's management functions are basically equivalent to Mintzberg's management roles.

Accepted Answer

Fayol's management functions (planning, organizing, commanding, coordinating, and controlling) are similar to Mintzberg's management roles (interpersonal, informational, and decisional). While there are some subtle differences between the two, they are generally considered to be equivalent.

Question 15

The roles of figurehead, leader, and liaison are all interpersonal roles.

Accepted Answer

Figurehead, leader, and liaison all involve interacting and communicating with other individuals, making them interpersonal roles.

Question 16

Efficiency is described as "doing things right."

Accepted Answer

Efficiency is the ability to do things in a way that achieves maximum productivity and with the least waste of effort, time, and resources. It is about doing things right rather than just doing things.

Question 17

Directing and motivating are part of the controlling function of management.

Accepted Answer

The answer of Directing and motivating are part of the...

Question 18

Mintzberg's resource allocation role is similar to Fayol's planning function because it involves the coordination of employee's activities.

Accepted Answer

Mintzberg's resource allocation role involves the coordination of employee's activities, similar to Fayol's planning function, which also involves the coordination of activities.

Question 19

The four contemporary functions of management are planning, organizing, leading, and controlling.

Accepted Answer

These are the four functions of management commonly referred to by modern management theorists.

Question 20

Resource allocation and disturbance handling are both considered decisional roles.

Accepted Answer

Resource allocation and disturbance handling involve making decisions about how to allocate resources and how to address and resolve disruptions or interruptions in operations, making them both decisional roles.

Quiz 1: Introduction to Management and Organisations