Business Management mid term review

Which question should effective managerial planning answer?

"What do we want to do?"

The purpose of management in a business is to:

Achieve the Objectives.

Which job is considered an office management career?

Administrative Assistant

What type of plan should a business implement when the original plan fails to produce the desired results?

Contingency

What is the most important resource to a business?

Employees

Department Manager, Small Business Manager, and Regional Manager are positions in:

General Management.

Which type of business management and administration career is all about people?

Human Resources Management

Which management level is responsible for purchasing the proper material resources for workers to use in their jobs?

Middle

Process Improvement Specialists and Call Center Supervisors would be considered; which type of management positions?

Operations

Process Improvement Specialist and Call Center Supervisor are positions within:

Operations Management.

The number of levels of management that a business needs usually depends on the:

Size of the Business.

Goals established by a company should be:

Specific and measurable.

Middle-level administrators work to make broad goals more specific for their unit(s). What are these goals called?

Tactical plans

Which is the first step of effective managerial planning?

Use a systematic approach to establish objectives.

Every project creates a/an:

deliverable

One way to determine whether an employee is helping a business achieve its organizational goals is by:

evaluating the employee's performance.

A project is officially authorized to begin by the:

project charter.

Which of the following is an example of a technology goal?

B Company wants to set up anelectronic data interchange within three years

Three factors that affect the organizational structure of a business include interpersonal relationships, tasks, and:

authority

An important aspect of the organizing function of management involves:

conducting performance reviews.

Which is an advantage of a wide span of control?

costs less because businesses employ fewer managers

The purpose of an organizational design for a business is to:

create clear lines of authority.

Coordinating business activities is an important aspect of the organizing function of management because it:

establishes clear relationships between the company's resources.

Which type of organizational design has an emphasis on teamwork?

functional structure

What are rules and regulations for keeping a project on track?

governance mechanisms

What project management stage involves determining whether a project is feasible?

initiation

Which is an element of any project?

inventory

What management function is responsible for coordinating resources in ways that maximize efficiency?

organizing

What document is drafted in the initiation stage of project management?

project charter

The primary purpose of developing organizational goals is to:

provide direction.

What project management stage involves determining when project tasks should be performed?

scheduling

One of the most important aspects of project management involves:

setting goals.

The number of employees that a manager can effectively supervise is their:

span of control.

What document is drafted in the planning stage of project management?

work breakdown structure