Bus. Mgmt Ch. 1 Review

Which of the following is not a projected change in US workforce by 2050?

• a. a smaller percentage of younger workers
• b. more women filling key management and executive position sin business
• c. the percentage of white workers will increase
• d the fastest-grwoing percentage based on age will be older workers

Analyzing information and making decisions about what needs to be done.

• a. staffing
• b. manager
• c.administrative
• d. planning

The first level of management in a company is typically

• a. executives
• b. supervisors
• c. middle managers
• d. work coaches

Executives are likely to spend most of their time

• a. controlling
• b. staffing
• c. organizing
• d. planning

A carefully developed overall approach to leading an organization

• a. management strategy
• b. leading
• c. supervisor
• d. controlling

Which age group is projected to increase in the workforce by the greatest percentage between 2010 and 2050

• a. 16-20
• b. 25-40
• c. 41-54
• d. 55 and over

The careful, objective study of management decisions and procedures in order to improve the operation of business organizations.

• a. Industrial revolution
• b. management science
• c. quality management
• d. classical management

What is  "the goals and direction of an organization must be clear and supported by everyone"

• a. Espirit de corps
• b. Adequate compensation
• c. Unity of purpose

What is " the wages and benefits for every employee should be fair and satisfactory to both the individual and the organization"

• a. unity of purpose
• b. adequate compensation
• c. esprit de corps

Includes giving orders. Good leaders must create a vision for the company, set standards, communicate with employees, provide guidance, and resolve conflict among workers.

• Planning/Staffing

• Controlling

• Leading

• Organizing