Business Management ch. 1
Who is most closely associated with the theory of management that focuses on identifying the most effective practices for organizing and managing a business?
Fayol
Between 2000 and 2050, the percentage of Asian workers will increase more than the percentage of Hispanic workers declines.
false
Classical management is the careful, objective study of management decisions and procedures in order to improve the operation of businesses and organizations.
false
Executives spend more time controlling than planning.
false
Frederick W. Taylor is closely associated with behavioral management.
false
In 2010, e-commerce retail sales represented approximately 25 percent of total retail sales.
false
The job of supervisor does not vary much from department to department or from one company to another
false
The levels of management in an organization can be described as a management triangle
false
The primary work of all managers can be grouped within four functions: planning, organizing, implementing, and budgeting.
false
The percentage of workers age 25 to 54 will rise significantly between 2000 and 2050
flase
The function being performed when a manager is carrying out plans and helping employees work effectively is
implementing
The process of accomplishing the goals of an organization through the effective use of people and other resources is
management
A management strategy is a carefully developed overall approach to leading an organization
true
A manager who spends most of the time on one management function or is responsible for a specific part of the company's operations is known as a middle manager.
true
All managers perform some of the same activities.
true
Elton Mayo discovered the Hawthorne effect.
true
For employees who like their current work, moving into management means that they can no longer do that work.
true
Given all of the characteristics and options, each organization must develop its own management strategy.
true
Many employees of a business complete tasks that could be considered management activities.
true
Supervisors work directly with employees and are responsible for translating the company's plan into action
true
The manager who knows how to plan, organize, implement, and control is ready to make the decisions needed to operate a business successfully.
true
There are a number of activities that must be performed by all managers no matter what the type or size of the company
true
When it comes to production efficiency, some businesses located outside the United States have an advantage.
true
People in the first (or beginning) level of management in a company are known as
supervisors
By 2050, the total number of workers in U.S. workforce is expected to be close to
150 million
In the near future, the percentage of women in the workforce will be about
50%
Classical management was widely accepted and implemented in businesses around the time of
World War I
Today, working in teams is
common
Analyzing information and making decisions about what needs to be done is the management function known as
planning
To be considered a manager, you must
regularly complete all four management functions, have authority over other jobs, and have authority over other people
