Management Concepts

Management Concepts

Assessment

Flashcard

•

Business

•

11th Grade

•

Practice Problem

•

Hard

Created by

Chris Nowak

FREE Resource

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40 questions

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1.

FLASHCARD QUESTION

Front

Managers act as relationship builders when representing their organization and maintaining effective relationships.

Back

Effective relationship management is crucial for organizational success.

2.

FLASHCARD QUESTION

Front

If companies spend much time correcting errors, supervisors may not be effective at quality control.

Back

Quality control is essential for operational efficiency.

3.

FLASHCARD QUESTION

Front

Effective managers take responsibility for developing and implementing plans to achieve organizational goals.

Back

Planning and implementation are key managerial responsibilities.

4.

FLASHCARD QUESTION

Front

Middle management is responsible for decisions about the daily operations of a specific unit in a business.

Back

Middle management plays a vital role in operational decision-making.

5.

FLASHCARD QUESTION

Front

A symptom is a sign or indication that something appears to be a problem.

Back

Identifying symptoms is the first step in problem-solving.

6.

FLASHCARD QUESTION

Front

A management information system is a computer-based system that stores, organizes, and provides information about a business.

Back

Management information systems enhance decision-making.

7.

FLASHCARD QUESTION

Front

Marketing research involves studies on topics such as the supply and demand of labor and employee motivation.

Back

Understanding labor dynamics is essential for effective marketing.

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