Answer Key for Questions on The Management Process Today
Chapter 01 The Management Process Today Answer Key
True / False Questions 1. Organizations are collections of people who work together and coordinate their actions to achieve a wide variety of goals, or desired future outcomes. TRUE
Organizations are collections of people who work together and coordinate their actions to achieve a wide variety of goals, or desired future outcomes. AACSB: Analytic
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-01 Describe what management is; why management is important; what managers do; and how managers use organizational resources efficiently and effectively to achieve organizational goals.
Topic: What Is Management?
2. The planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively is known as management. TRUE
Management is the planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively. AACSB: Analytic
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-01 Describe what management is; why management is important; what managers do; and how managers use organizational resources efficiently and effectively to achieve organizational goals.
Topic: What Is Management?
3. Organizations are efficient when managers maximize the amount of input resources. FALSE
Efficiency is a measure of how productively resources are used to achieve a goal. Organizations are efficient when managers minimize the amount of input resources or the amount of time needed to produce a given output of goods or services. AACSB: Analytic
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-01 Describe what management is; why management is important; what managers do; and how managers use organizational resources efficiently and effectively to achieve organizational goals.
Topic: What Is Management?
4. The number of
True / False Questions 1. Organizations are collections of people who work together and coordinate their actions to achieve a wide variety of goals, or desired future outcomes. TRUE
Organizations are collections of people who work together and coordinate their actions to achieve a wide variety of goals, or desired future outcomes. AACSB: Analytic
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-01 Describe what management is; why management is important; what managers do; and how managers use organizational resources efficiently and effectively to achieve organizational goals.
Topic: What Is Management?
2. The planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively is known as management. TRUE
Management is the planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively. AACSB: Analytic
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-01 Describe what management is; why management is important; what managers do; and how managers use organizational resources efficiently and effectively to achieve organizational goals.
Topic: What Is Management?
3. Organizations are efficient when managers maximize the amount of input resources. FALSE
Efficiency is a measure of how productively resources are used to achieve a goal. Organizations are efficient when managers minimize the amount of input resources or the amount of time needed to produce a given output of goods or services. AACSB: Analytic
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-01 Describe what management is; why management is important; what managers do; and how managers use organizational resources efficiently and effectively to achieve organizational goals.
Topic: What Is Management?
4. The number of