Business Mgt Ch 1

For employees who like their CURRENT work, MOVING into management means they can no longer spend much time doing that work.

• True

• False

There are a number of activities that must be performed by all managers no matter what the type or size of the company

• True

• False

The PRIMARY work of ALL MANAGERS can be GROUPED within four functions: planning, organizing, implementing, and budgeting.

• True

• False

A manager who spends most of the time on 1 management function or is responsible for a specific part of the company's operations is known as a MIDDLE MANAGER.

• True

• False

Supervisors work directly with the employees and are responsible for translating the company's plan into action.

• True

• False

Middle managers spend most of their management time leading and monitoring results of their work team.

• True

• False

All managers perform some of the same activities.

• True

• False

The manager who knows how to plan, organize, staff, lead, and control is ready to make the decisions needed to operate a business successfully.

• True

• False

Many employees of a business complete tasks the could be considered management type activities.

• True

• False

The levels of management in an organization can be described as a management triangle.

• True

• False