Business Management - Fall Final Exam Review

Front

What are the two most common management structures?

Back

Vertical and horizontal.

Front

What is another term for creating a horizontal organizational structure?

Back

flattening the organization

Front

Effective management planning should be which of the following: Complex and stringent, Realistic and flexible, Difficult and unmanageable?

Back

Realistic and flexible

Front

Which of the following is not an activity in the controlling function: allowing for missed deadlines, setting standards, evaluating performance, solving Problems?

Back

allowing for missed deadlines

Front

What occurs in the planning function?

Back

Deciding what needs to be done and how to accomplish it.

Front

Which of the following describes small businesses? More than 100 employees, less than 100 employees, Can be divided into many different departments

Back

less than 100 employees

Front

Which function of management involves dividing work into manageable segments to achieve goals?

Back

Organizing

Front

Which of the following is NOT an example of a processor: Automobile factory, Cotton Mill, Oil Refinery, Textile Mill?

Back

Automobile factory

Front

An example of a service firm: Cotton mill, Juice factory, Mine, Landscape company

Back

Landscape company

Front

________is the grouping of individuals into departments

Back

Departmentalization