Business Management 1 - Final Exam Review

The primary purpose of developing organizational goals is to:

• assign authority.

• provide direction.

• ensure profitability.

What project management stage involves determining when project tasks should be performed?

• monitoring

• processing

• scheduling

Sandy, 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 the mid-level managers will supervise. Which function of management is Sandy performing?

• controlling

• directing

Amy and Tom work in a busy purchasing department. Amy relies on Tom to provide her with important information every day to do her job. Because the business’s ability to achieve its goals relies on Amy and Tom’s collaborative efforts, these two employees’ jobs are:

• flexible

• interdependent

• symmetrical

Patrice tells her sales staff to spend one-fourth of their time on sales meetings, one-fourth on sales reports, one-fourth on answering emails, and one-fourth on generating new leads. Which step of the organizing process is Patrice demonstrating?

• evaluating results

• allocating resources

• grouping tasks into structures

Which employee has a human resources management career?

• Lydia is in charge of communicating with her business's suppliers.

• Brian is in charge of orienting new employees and preparing them to do their jobs.

• Michael helps his company align business and IT goals to aid in

The Vice Presidents of Marketing, Product Development, Finance, and Operations all report to Camille, the CEO of a Fortune 500 company. They each have their own teams made up of several employees. Which organization structure does this represent?

• functional

• matrix

A plant manager or a department head would be an example of which level of management?

• middle

• operating

• top

The number of employees that a manager can effectively supervise is their:

• delegation

• span of control

Which is an advantage of a wide span of control?

• requires fewer managerial skills

• costs less because businesses employ fewer managers