Intro. to Business Ch. 7 Review

Which of the following is NOT one of the five function of management?

• planning

• organizing

• staffing

• leading

• monitoring

What does the M stand for in SMART Goals?

________ is an outline of the actions needed to accomplish a goal.

leadership style is one in which the leader shares decision-making with the group

• laissez-faire leadership

• democratic leadership

• communist leadership

• autocratic leadership

What does the A stand for in SMART Goals?

Match the following

• centralized organization

• Authority within a business is given to various managers that run their own departments

• departmentalization

• All of the authority within a business rests with top management

• decentralized organization

• Responsibilities and authority are divided among certain areas or departments within the business

_______ is the process of controlling and making decisions about a business

Match the following

• first-line management

• • carry out plans developed by top management

  • manage activities of assigned divisions or departments

  • participate in hiring and training of lower management

  • explain policies of top management to lower management

  • evaluate the performance of lower managers

    • inspire and lead first-line managers

• middle management

• • develop major goals and broad policies

  • prepare strategic plans

  • appoint lower-level managers

  • control and coordinate the activities of all departments and divisions

  • provide guidance, motivation, and direction

  • take responsibility for the performance of the business

• top management

• • assign jobs and tasks to employees

  • supervise and guide daily activities and duties of employees

  • maintain the quality of work

  • communicate employee problems, suggestions, and recommendations to higher management

  • help solve employee grievances

  • train employees

    • motivate employees

What does the R stand for in SMART Goals?

leadership style describes a leader who maintains all of the power within a team

• laissez-faire leadership

• democratic leadership

• communist leadership

• autocratic leadership