Chapter 7 Intro. to Business

Management functions are usually divided among the owners of a partnership.

• True
• False

All managers devote the same amount of attention and time to each of the management functions.

• True
• False

Executives are the first level of management in a business.

• True
• False

Any employee who plans and organizes his or her work is a manager.

• True
• False

Employees who are not involved in work decisions often will not be especially committed to the work.

• True
• False

An effective manager always finds a way to make decisions with which every employee agrees.

• True
• False

Good leaders understand that they cannot treat all employees alike.

• True
• False

Effective managers try to eliminate informal influence in work groups as there can be only one leader in each group.

• True
• False

Ethical behavior involves all employees, not just a company's executives and managers.

• True
• False

Ethical companies never engage in competition for business.

• True
• False