MGT 500 Final Exam – Strayer Ne

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MGT 500 Week 11 Final Exam Solution – Perfect Score

Chapter 1—Innovative Management for a Changing World

TRUE/FALSE

     1.   The nature of management is to control and dictate others in an organization.

ANS: PTS:               1         DIF:              2         REF:              3-4
NAT: AACSB Analytic | Motivation Concepts                                  TYP:   F

     2.   Managers need a new approach that relies less on command and control and more on communication and coordination, in the new world of work.

ANS: PTS:               1         DIF:              2         REF:              4
NAT: AACSB Communication | Environmental Influence     TYP:  F

     3.   In today’s turbulent and hypercompetitive global environment, managers must help their companies innovate more than ever.

ANS: PTS:               1         DIF:              2         REF:              4
NAT: AACSB Analytic | Creation of Value                            TYP:  F

     4.   The late famed management theorist Peter Drucker is often credited with creating the modern study of management.

ANS: PTS:               1         DIF:              2         REF:              5
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

     5.   Managers get things done by coordinating and motivating other people.

ANS: PTS:               1         DIF:              2         REF:              6
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

     6.   The attainment of organizational goals through planning, organizing, leading and controlling reflects the essence of the management process.

ANS: PTS:               1         DIF:              1         REF:              6
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

     7.   Where the organization wants to be in the future and how to get there defines controlling.

ANS: PTS:               1         DIF:              1         REF:              7
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

     8.   Organizing means defining goals for future organizational performance and deciding on the tasks and resources needed to attain them.

ANS: PTS:               1         DIF:              2         REF:              7
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F




     9.   Leading is the use of influence to motivate employees to achieve organizational goals.

ANS: PTS:               1         DIF:              1         REF:              8
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

   10.   The use of influence to motivate employees to achieve organizational goals defines organizing.

ANS: PTS:               1         DIF:              1         REF:              8
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

   11.   How an organization goes about accomplishing a plan is a key part of the management function of controlling.

ANS: PTS:               1         DIF:              1         REF:              8
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

   12.   Using influence to motivate employees describes the management function of leading.

ANS: PTS:               1         DIF:              1         REF:              8
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

   13.   The use of influence to motivate employees to achieve the organization's goals refers to controlling.

ANS: PTS:               1         DIF:              1         REF:              8
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

   14.   Organizing means creating a shared culture and values.

ANS: PTS:               1         DIF:              2         REF:              8
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

   15.   Controlling involves monitoring employee's activities and taking corrective action as necessary.

ANS: PTS:               1         DIF:              1         REF:              8
NAT: AACSB Analytic | Leadership Principles                                 TYP:   F

   16.   An organization is a social entity that is goal directed and deliberately structured.

ANS: PTS:               1         DIF:              1         REF:              9
NAT: AACSB Analytic | Creation of Value                            TYP:  F

   17.   In the definition of an organization, deliberately structured means being made up of two or more people and designed to achieve some outcomes.

ANS: PTS:               1         DIF:              1         REF:              9
NAT: AACSB Analytic | Creation of Value                            TYP:  F




   18.   Efficiency refers to the degree to which the organization achieves a stated objective.

ANS: PTS:               1         DIF:              1         REF:              9
NAT: AACSB Analytic | Creation of Value                            TYP:  F

   19.   Efficiency can be calculated as the amount of resources used to produce a product or service.

ANS: PTS:               1         DIF:              1         REF:              9
NAT: AACSB Analytic | Creation of Value                            TYP:  F

   20.   To perform effectively, all managers must possess conceptual, human, and technical skills, though the degree of each skill necessary at different levels of an organization may vary.

ANS: PTS:               1         DIF:              2         REF:              10
NAT: AACSB Analytic | HRM              TYP:  F

   21.   All managers have to pay attention to costs and according to research, the best way to improve organizational effectiveness is by severe cost cutting.

ANS: PTS:               1         DIF:              2         REF:              10

NAT: AACSB Analytic | Strategy          TYP:  F

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