Involves determining the organization’s goals or performance objectives, defining strategic actions that must be done to accomplish them, and developing coordination and integration activities.

A management function that involves evaluating and, if necessary, correcting the performance of the individuals or work groups or teams to ensure that they are all working toward the previously set goals and plans of the organization.

Ensures that all individuals, groups, or teams are harmoniously working together and moving toward the accomplishment of the organization’s vision, mission, goals, and objectives.

“Doing things correctly” when engaged in activities that will help the organization attain its aims.

Refers to the phenomenon of growing interconnectivity and independent relations between nations.

Consists of group of firms that provide related products and services. The emergence of business ecosystems has resulted in improvements and innovations in industries.

Management theory that studies the application of scientific methods and principles for the purpose of redesigning the work process to increase efficiency

GENERAL ADMINISTRATIVE THEORY is to Max Weber and QUALITY MANAGEMENT THEORY is to __________________

According to GENERAL ADMINISTRATIVE THEORY, There are five functions of management: planning, organizing, communicating, coordinating and _____________.

Director, Vice President, Chief Operating Officer, Chief Executive Officer, General Manager, and Managing Director belongs to what level of management?

Which of the following belongs to a middle level management?

What type of management roles performs social, inspirational, legal, and ceremonial duties. The manager is a symbol and must be on hand for people or agencies that deal with him or her because of status and authority?

This type of mangement role involves being an entrepreneur, a disturbance  handler and a negotiator.

The following are management skilLs except __________.

It is an actual monitoring and evaluation of information from the external and internal environment  of a business organization

A mode of environmental scanning that is usually done at least once a year or at regular intervals.

What part of the SWOT Analysis answer the question, "What does your company do better than others?".

Laws, regulations, and restrictions that may intervene the or affect the company’s business course are under what factors in a PEST Analysis?

The following belongs to a MICROENVIRONMENT except __________.

The phase of economic development where countries accumulated wealth through trade relations with other countries and colonies.

The phase of economic development where production and distribution  became mechanized since many businessmen saw the benefit of investing in machines and equipment.

_______ is the basis of modern economic and social systems in industrialized, standardized mass production and mass consumption. The concept is named for Henry Ford.

A form of business organization that is owned by one person who is usually hands-on in managing the day-to-day activities of the firm.

A form of partnership wherein the partners have unlimited liability for the debts and obligations of the partnership.

A type of business that provides labor and other services to customers.

A type of business where raw materials are transformed into finished goods through product processing, labor, and other manufacturing processes.

Which of the following is not an example of a merchandising business?

This foreign organization performs the following functions: Administration and planning, acquisition of raw materials, marketing, technical support, and

research and development.

An office opened in a foreign market as a first step for establishing a relationship with potential buyers or sellers.