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PMI is a


A) computer program used to help managers write mission statements.
B) statistical technique used in the controlling process.
C) problem-solving technique used to evaluate possible solutions to a problem.
D) rule of thumb used to determine how many employees should be managed by any single manager.

E) A) and B)
F) C) and D)

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First-line managers typically spend less time on conceptual tasks and more time on technical skills.

A) True
B) False

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The management function concerned with anticipating future trends and determining the best strategies to achieve an organization's goals and objectives is known as


A) directing.
B) leadership.
C) planning.
D) forecasting.

E) B) and C)
F) A) and D)

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Tactical planning deals with setting long-range goals, while strategic planning develops the specific strategies needed to achieve the organization's operational goals.

A) True
B) False

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One of the four primary functions of management is


A) controlling.
B) marketing.
C) financing.
D) designing.

E) B) and C)
F) All of the above

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As a sales rep for an eyewear company, Gemma, frequently relies on the marketing department for information and materials. When using customer satisfaction to judge the success of their company, Gemma's managers should


A) ignore Gemma's satisfaction, since she is an employee rather than a customer.
B) take Gemma's satisfaction into account, because customers can be internal as well as external.
C) consider Gemma's satisfaction, but place less emphasis on it than on the satisfaction of a stockholder, since she is an external customer.
D) consider Gemma's satisfaction only if she has worked in the same job for at least two years.

E) None of the above
F) B) and C)

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Free-rein leaders tend to carefully monitor their subordinates to make sure they are doing the job in the correct way.

A) True
B) False

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Rodrigo has worked for Three Brothers Construction for over 10 years and was recently was promoted to the position of foreman. He is directly responsible for assigning various jobs to his work crew and evaluating their performance on a daily basis. Rodrigo is now a member of


A) top management.
B) middle management.
C) supervisory management.
D) forward management.

E) A) and D)
F) C) and D)

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A mission statement should provide a detailed explanation of how a company will achieve its objectives.

A) True
B) False

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Well-known retired basketball coach Bob Knight was known for his emotional antics at Indiana University and Texas Tech. If you talk with Bob, he believes in total dedication from his team and total compliance to his style of coaching. It's "his way or the highway." Bob typifies the ________ style of leader.


A) bureaucratic
B) free-rein
C) remanded
D) autocratic

E) None of the above
F) A) and B)

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Lennox is a department chair at a local university. He always gives department faculty members a chance to express their opinions and encourages them to participate in decision making. Employees who work with Lennox are likely to have a high level of job satisfaction.

A) True
B) False

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The CIO, COO, and CFO are classified as top management positions.

A) True
B) False

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Marcos wants to become a manager but he is reserved and avoids conversation with strangers. However, he is very comfortable with information technology and has great technical skills in the area. Marco's personal traits make him a good candidate for a top management position.

A) True
B) False

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When establishing criteria to measure the success of a customer-oriented business, managers should


A) limit their attention to financial measures such as profit and return on investment since these are the only objective and quantifiable measures available.
B) focus most of their attention on measures of employee satisfaction, since without good employees the firm will not be competitive.
C) focus primarily on financial measures, but pay some attention to nonfinancial concerns.
D) recognize that, while financial measures are important and should be considered, the purpose of the firm is to satisfy both internal and external customers.

E) A) and D)
F) A) and C)

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The first step in the rational decision-making model is to:


A) recruit team members to work on the problem.
B) gather data.
C) develop alternative responses.
D) define the situation.

E) A) and C)
F) A) and B)

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Describe three different leadership styles and give an example of a situation in which each style could be most used effectively.

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Students should identify the following l...

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________ is a problem solving technique that attempts to come up with as many solutions as possible in a short time without censoring the ideas.


A) Brainstorming
B) Game theory
C) CAD/CAM
D) PMI

E) A) and D)
F) A) and B)

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The SWOT analysis focuses only on the internal activities of the firm, while a PERT analysis is used to review the external environment in which the firm operates.

A) True
B) False

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Game Guys, Inc., has established clear standards of performance for its next virtual reality mobile game that will require the player's ability to react quickly. After a substantial testing process, the results are compared to the previously established development standards. If necessary, the engineering team will fix the bugs before customers beta test the game. These activities are part of the ________ of management.


A) organizing function
B) control function
C) leading function
D) planning function

E) A) and C)
F) A) and B)

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Managers must lead by doing, not just by saying.

A) True
B) False

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