Principles of Business Ch. 7

Every manager gives the same amount of time and attention to each of the management functions.

• True

• False

Just one person would likely be responsible for all of the management functions in a

• new small business

• partnership

• large corporation

• multinational company

Which management function involves analyzing information, setting goals, and making decisions about what needs to be done?

• controlling

• organizing

• planning

• implementing

The way people get along with each other is called

• management style

• human relations

• leadership

• controlling

The way a manager treats and involves employees is called

• entrepreneurship

• influence

• management style

• leadership

Top-level managers are also known as

• supervisors

• specialists

• executives

• coordinators

Management is the ability to motivate individuals to achieve increased morale.

• True

• False

The management function that determines to what extent the business is accomplishing the goals it set out to reach in the planning stage is

• controlling

• organizing

• implementing

• planning

The management function that involves identifying and arranging the work and resources needed to achieve the goals that have been set is

• planning

• organizing

• implementing

• controlling

The process of controlling and making decisions about a business.

• goal

• procedure

• controlling

• management