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Management Fall Final Review

Total questions: 100

Worksheet time: 50mins

Name
Class
Date
1.

Email is a method of exchanging messages between people using electronic devices.

a)

A method of exchanging messages electronically

b)

A type of physical mail

c)

A form of instant messaging only

d)

A way to send parcels

2.

Name:

a)

John

b)

Michael

c)

David

d)

Sarah

3.

All managers perform some of the same activities.

a)

True

b)

False

4.

Executives spend more time controlling than planning.

a)

True

b)

False

5.

Between 2000 and 2050, the percentage of Asian workers will increase more than the percentage of Hispanic workers declines.

a)

True

b)

False

6.

Elton Mayo discovered the Hawthorne effect.

a)

True

b)

False

7.

In 2014, e-commerce retail sales represented more than 6 percent of total retail sales.

a)

True

b)

False

8.

The function being performed when a manager is determining how plans can be accomplished most effectively is

a)

planning

b)

implementation

c)

organizing

d)

budgeting

9.

To be considered a manager, you must

a)

regularly complete all five management functions

b)

have authority over other jobs

c)

have authority over other people

d)

all of the responses

10.

The Industrial Revolution began in

a)

Ancient Egypt

b)

Detroit, Michigan

c)

Hawthorne, Illinois

d)

Western Europe

11.

Today, working in teams is

a)

common

b)

declining

c)

rare

d)

unusual

12.

The era of the 18th and 19th centuries in which machine power replaced human and animal power in the production process.

a)

Industrial Revolution

b)

administrative management

c)

business competition

d)

classical management

e)

behavioral management

13.

Management theory that identifies the most effective practices for organizing and managing a business.

a)

quality management

b)

administrative management

c)

behavioral management

d)

business competition

e)

classical management

14.

Person who completes all five management functions on a regular basis and has authority over other jobs and people.

a)

administrative management

b)

business competition

c)

manager

d)

classical management

e)

behavioral management

15.

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

a)

classical management

b)

behavioral management

c)

administrative management

d)

management science

e)

business competition

16.

The rivalry among companies for customers.

a)

business competition

b)

administrative management

c)

behavioral management

d)

classical management

e)

controlling

17.

When an employee is not performing work correctly, the supervisor should take over to make sure it is done well.

a)

True

b)

False

18.

Listening is an important communication skill for supervisors.

a)

True

b)

False

19.

Moving from the role of coworker to the role of boss is an easy change

a)

True

b)

False

20.

Marketing research and product development research are two common areas of business research study.

a)

True

b)

False

21.

Decisions about the daily operations of a specific unit in a business are the responsibility of

a)

top level of management

b)

middle management

c)

supervisors

d)

employees

22.

A sign or indication that something appears to be a problem is

a)

an alternative

b)

a symptom

c)

a solution

d)

a problem solving process

23.

A computer-based system that stores, organizes, and provides information about a business is a

a)

database management network

b)

decision-making matrix

c)

SWOT analysis

d)

management information system

24.

The final step in the problem-solving process is to

a)

analyze the solutions

b)

evaluate the decision

c)

identify the problem

d)

select the best solution

25.

Regular formal and informal performance reviews can reveal an employee’s

a)

bad habits

b)

potential for advancement

c)

strengths and weaknesses

d)

training needs

26.

Successful managers are

a)

communicators

b)

decision makers

c)

relationship builders

d)

all of the responses

27.

Managers use information systems to reduce the amount of time spent

a)

communicating with employees

b)

in training

c)

on controlling activities

d)

using a computer

28.

An effective way to test one or more solutions is to

a)

ask employees to identify the problem

b)

choose the least expensive solution

c)

conduct an experiment

d)

wait to see if the problem disappears

29.

A common set of activities that make up an important part of a manager’s job.

a)

management principles

b)

executive summary

c)

management role

d)

management information system

e)

contingency plan

30.

A computer-based system that stores, organizes, and provides information about a business.

a)

management role

b)

management information system

c)

management principles

d)

contingency plan

e)

executive summary

31.

In the past, managers had little authority over the employees in a business.

a)

True

b)

False

32.

Effective leaders are born with the necessary skills; the skills cannot be learned.

a)

True

b)

False

33.

Both expert and identity power are related to effective leadership characteristics.

a)

True

b)

False

34.

The manager who understands the needs of employees will be a better manager.

a)

True

b)

False

35.

Work rules are created in order to maintain an effective work environment.

a)

True

b)

False

36.

A manager who is knowledgeable about industry trends, competition, and new technology is likely to influence behavior through

a)

expert power

b)

identity power

c)

position power

d)

reward power

37.

Leaders have ambition and persistence in reaching goals. They are self-starters who plan what they want to do and then do it. This leadership trait is called

a)

initiative

b)

courage

c)

judgment

d)

stability

38.

When managers increase employees’ salaries when they meet the goals established for them, what type of power are the managers using?

a)

position power

b)

reward power

c)

expert power

d)

identity power

39.

A democratic leader

a)

makes all of the decisions

b)

lets each employee decide how work will be done

c)

encourages shared decision making

d)

does not make decisions

40.

Which is an example of a hard skill?

a)

problem solving

b)

working with spreadsheets

c)

team building

d)

critical-thinking skills

41.

Employee assistance programs

a)

provide counseling for family difficulties

b)

treat employee substance abuse

c)

help employees deal with major life events

d)

all of the responses

42.

Leader who gives employees little or no direction.

a)

expert power

b)

human relations

c)

democratic leader

d)

autocratic leader

e)

open leader

43.

Getting people to support the same goals and work well together to accomplish them.

a)

expert power

b)

democratic leader

c)

autocratic leader

d)

human relations

e)

team building

44.

How well people who work together get along.

a)

democratic leader

b)

human relations

c)

autocratic leader

d)

identity power

e)

expert power

45.

Effective planning is less important to the success of a business than other management functions, such as organizing, staffing, leading, and controlling.

a)

True

b)

False

46.

Goals are the results a business expects to achieve.

a)

True

b)

False

47.

Typically, goals should not be communicated to employees, because it will result in too much pressure to meet the goals.

a)

True

b)

False

48.

An organization chart is a visual device that lists the policies and procedures of a business.

a)

True

b)

False

49.

Which of the following is not an example of an operational plan?

a)

Setting monthly production levels.

b)

Planning inventory levels.

c)

Developing a department budget.

d)

Revising the mission statement for the business.

50.

To be effective, goals must be

a)

general

b)

achievable

c)

independent from each other

d)

all of the responses

51.

The obligation of an employee to accept responsibility for the outcomes of assigned tasks is called

a)

accountability

b)

authority

c)

empowerment

d)

span of control

52.

Authority in an organization is delegated

a)

from top to bottom

b)

from one department to another

c)

from employees to customers

d)

from one manager to another but never from a manager to an employee

53.

A team in which members together are responsible for the work assigned to the team.

a)

business plan

b)

decentralized organization

c)

team organization

d)

empowerment

e)

centralized organization

54.

Authority given to individual employees to make decisions and solve problems they encounter on their jobs with the resources available to them.

a)

business plan

b)

empowerment

c)

decentralized organization

d)

flattened organization

e)

centralized organization

55.

Business structure in which all authority and responsibility can be traced in a direct line from the top executive down to the lowest employee level.

a)

line organization

b)

business plan

c)

centralized organization

d)

empowerment

e)

decentralized organization

56.

Business structure that divides employees into permanent work teams.

a)

empowerment

b)

centralized organization

c)

business plan

d)

decentralized organization

e)

team organization

57.

Determining how plans can be accomplished most effectively and arranging resources to complete work.

a)

centralized organization

b)

business plan

c)

empowerment

d)

organizing

e)

decentralized organization

58.

The addition of staff specialists to a line organization

a)

empowerment

b)

decentralized organization

c)

centralized organization

d)

business plan

e)

line-and-staff organization

59.

The difference between current performance and the standard.

a)

inventory

b)

motivation

c)

hygiene factors

d)

credit

e)

variance

60.

All the materials and products a business has on hand for use in production and available for sale. Mark only one oval.

a)

hygiene factors

b)

credit

c)

motivation

d)

inventory

e)

motivators

61.

Just-in-time inventory controls allow a business to

a)

obtain materials well ahead of time

b)

maintain low inventory levels

c)

maintain high production levels

d)

reduce theft by employees

62.

Management is most concerned when

a)

performance exceeds standards

b)

performance meets standards

c)

performance is lower than standards

d)

all of the responses

63.

The number of units to be produced, number of sales prospects to be contacted, and number of lines of information to be entered are examples of

a)

motivators

b)

quantity standards

c)

variance reports

d)

time standards

64.

Who developed a motivation theory that suggests individuals are influenced most strongly by the need for achievement, affiliation, or power?

a)

Abraham Maslow

b)

David McClelland

c)

Frederick Herzberg

d)

Malcolm Baldrige

65.

The motivation theory that describes individual needs in five categories that form a hierarchy was developed by

a)

Herzberg

b)

Iacocca

c)

Maslow

d)

McClelland

66.

A group of people who cooperate to achieve a common goal is

a)

a work team

b)

a department

c)

management

d)

a quality circle

67.

It is generally best to keep a larger inventory on hand than will be needed in order to avoid shortages.

a)

True

b)

False

68.

Standards should be revised when it is clear they will not accurately reflect performance and when attempts to improve performance have not been successful.

a)

True

b)

False

69.

The difference between current performance and the standard is profit.

a)

True

b)

False

70.

If change is effective, it cannot have negative effects on employees.

a)

True

b)

False

71.

Most employees like change and respond well when change is introduced.

a)

True

b)

False

72.

Before a team can be effective, members must clearly understand the activities to be completed.

a)

True

b)

False

73.

Profit is the difference between earned income and costs.

a)

True

b)

False

74.

The demand for a product refers to the number of similar products that will be offered for sale at a particular time and at a particular price.

a)

True

b)

False

75.

The overwhelming majority of workers in this country are employed by large businesses.

a)

True

b)

False

76.

A franchise is one method of starting a business if a person has limited business experience.

a)

True

b)

False

77.

The failure rate for nonfranchised businesses is higher than the failure rate for franchised businesses.

a)

True

b)

False

78.

Allowing workers to specialize typically leads to

a)

higher costs

b)

greater efficiency

c)

higher turnover

d)

misuse of resources

79.

Activities in the underground economy

a)

are taxed at a lower rate

b)

have decreased in relation to GDP

c)

account for one-third of the GDP

d)

are not taxed

80.

In the United States, starting a small business

a)

is subject to many government controls

b)

is fairly easy

c)

requires a physical facility

d)

entails a large initial investment

81.

Business activity that deals with all money matters related to running a business.

a)

effectiveness

b)

empowerment

c)

finance

d)

entrepreneur

e)

efficiency

82.

Letting workers decide how to perform their work tasks and offer ideas on how to improve the work process.

a)

finance

b)

entrepreneur

c)

efficiency

d)

effectiveness

e)

empowerment

83.

Producing the largest quantity in the least time by using efficient methods and modern equipment.

a)

empowerment

b)

efficiency

c)

effectiveness

d)

productivity

e)

entrepreneur

84.

Products made by firms in other countries.

a)

empowerment

b)

foreign goods

c)

entrepreneur

d)

effectiveness

e)

efficiency

85.

The ability of businesses from one country to compete with similar businesses in other countries.

a)

entrepreneur

b)

empowerment

c)

efficiency

d)

effectiveness

e)

global competition

86.

The quantity, or amount, produced within a given time. Mark only one oval.

a)

empowerment

b)

effectiveness

c)

productivity

d)

efficiency

e)

entrepreneur

87.

The GDP of a country must grow faster than its population in order to improve its living standards.

a)

True

b)

False

88.

An unemployed 16-year-old student is considered part of the labor force.

a)

True

b)

False

89.

The invisible barrier to job advancement is known as the iron curtain syndrome.

a)

True

b)

False

90.

American consumers spend more money on restaurant meals than on grocery purchases.

a)

True

b)

False

91.

Incidences of sexual harassment at the workplace have declined sharply over the past decade.

a)

True

b)

False

92.

A business changing from coal to natural gas violates environmental goals but meets conservation goals.

a)

True

b)

False

93.

A business that trains gang members in job-related skills is being socially responsible.

a)

True

b)

False

94.

Employees who observe their managers acting unethically will often lose respect for both the manager and the business itself.

a)

True

b)

False

95.

The baby bust period created a(n)

a)

excess of young workers

b)

huge increase in retirees

c)

sharp rise of unemployment

d)

shortage of young workers

96.

Much of the U.S. population growth is due to

a)

the baby boom

b)

a high birth rate

c)

immigration

d)

emigration

97.

The gap between rich and poor Americans is

a)

widening

b)

narrowing

c)

remaining the same

d)

almost nonexistent

98.

Which of the following statements is usually true about work teams?

a)

As quality of work increases, morale decreases.

b)

As quality of work decreases, morale increases.

c)

As quality of work increases, morale also increases.

d)

As quality of work decreases, morale also decreases.

99.

Which of the following is a renewable resource?

a)

coal

b)

natural gas

c)

sunshine

d)

iron ore

100.

Ethics are

a)

laws that can be enforced

b)

rules for top management

c)

normal behavior

d)

standards of moral conduct