Principles of Business and Marketing Chapter 7 Review

Planning involves the effort to direct and lead people to accomplished the planned work of the organization.

• True

• False

The most effective managers treat everyone alike.

• True

• False

Influence enables a person to effect the actions of others.

• True

• False

Supervisors often have non-management duties in addition to their management work.

• True

• False

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

• True

• False

One standard for ethical behavior is "the action will be undetected."

• True

• False

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

• organizing

• controlling

• implementing

• planning

Just one person is MOST likely responsible for all of the management functions in a

• partnership

• new small business

• large corporation

• multinational company

Executives spend most of their time on

• implementing, staffing, and controlling activities

• planning and controlling activities

• planning and organizing activities

• organizing and implementing activities

Employees at the first level of management in a business are

• mid-managers

• entrepreneurs

• executives

• supervisors