Ch. 7: Management and Leadership Flashcard

Front

True or False. An entrepreneur who starts a new business is not considered to be a manager.

Back

False

Answer explanation

An entrepreneur who starts a new business must perform all five management functions.

Front

Which of the following is NOT one of the five functions of management?
planning,
implementing,
producing,
controlling

Back

producing

Front

True or False. Effective managers should use strategic management rather than tactical management.

Back

False

Answer explanation

Effective managers will use the management style best suited to the situation.

Front

Which level of management spends most of its time completing the planning and controlling activities?

Back

top management

Front

It is often said that the most important resource of a business is

Back

people

Front

True or False. Research has proven that effective leaders are born and not made.

Back

False

Answer explanation

Most leaders report that they worked hard over many years to develop those qualities.

Front

The way people get along with each other is known as

Back

human relations

Front

A person who is not a manager but is still able to get a group focused and organized is using

Back

Informal influence

Front

Which of the following is NOT a standard of ethical behavior?
It should be lawful,
It should not benefit some while harming others,
It should not give the company a competitive advantage,
It should not result in embarrassment for the company

Back

It should not give the company a competitive advantage

Front

True or False. Managers are responsible for the ethical actions of a business.

Back

True