BM 1.02 Management Concepts

Which of the following is the main purpose of management:

• To obtain the needed resources

• To accomplish the business’s goals

Josh, who manages a silk-screening and embroidery business, has set a goal of increasing sales by 15% in the next six months. To reach his goal, he has increased the business’s advertising budget. This is an example of the ______________ function of management.

• Planning

• Organizing

What management function is being described in the following situation: David Thomas, a top-level manager, identifies jobs to be performed, assigns responsibility for them, establishes departments to handle the jobs, and determines how many and which employees mid-level managers will supervise.

• Controlling

• Organizing

Which management function is described in the following situation: Christy determines the type of workers she needs, locates qualified applicants, selects those to be hired, and assigns the new hires to a work area.

• Staffing

• Directing

Which management function is described in the following situation: James Crane has created a team atmosphere among the members of his sales department. When the team exceeded their monthly sales goal, James rewarded them with a celebratory dinner out and a five-percent bonus.

• Planning

• Directing

A manager evaluates the production output of a department by checking it against the production goals for that time period. This is an example of the ______________ function of management.

• Directing

• Controlling

A manager who helps an employee count the money in a cash drawer and prepare a bank deposit is demonstrating

• Technical skills

• Conceptual skills

What must managers be able to do if they want employees to understand the business’s goals and be productive?

• Listen carefully

• Communicate clearly

A small-business manager who considers how a one-person reduction in office staff could impact the rest of his/her company is demonstrating

• Conceptual skills

• Interpersonal skills

Which of the following are examples of top-level management job titles:

• President, senior vice president, and chief executive officer

• Floor supervisor, area supervisor, and section manager