Week 1 Recap

Management is the activity of getting things done with the aid of...

• plans and schemes

• people and resources

• hopes and prayers

• money and motivation

Which of the following is NOT one of the three dimensions of context discussed in the lecture:

• Internal

• External

• Personal

• Historical

Successful managers spend less time networking than unsuccessful managers.

• True

• False

Which of the following is NOT one of Schein's three levels of culture:

• Underlying assumptions

• Feelings

• Artefacts

• Beliefs and values

Porter's Five Forces analysis technique is used primarily for...

• Decision-making

• Sales pitches

• Marketing

• Entertainment

Managers can use Porter’s model to assess the 5 forces most relevant to the profitability of the business.

• True

• False

The 'S' in PESTEL stands for Scientific

• True

• False

Which of the following is NOT one of Porter's Five Forces:

• Bargaining Power of Buyers

• Bargaining Power of Suppliers

• Bargaining Power of Management

• Threat of New Entrants

What do we call individuals, groups, or other organizations with an interest in, or who are affected by, what the organization does?

• Shareholders

• Steakholders

• Stakeholders

• Customers

Who described 10 Management roles in 3 groups?

• Henry Mintzberg

• Henry Mintell

• Harold Goldberg

• Harold Mintzberg