Management Quiz

Organizing

managers work on creating conditions and systems to ensure that everything and everyone works together to achieve the organization's goals

Top Management

A chief operating officer (COO) would be classified as part of a firm's ___.

Middle management

During a recession, they are generally the first to be laid off.

What do managers today emphasize?

Teamwork

Fringe benefits

This includes sick-leave pay, vacation pay, pension plans, and health plans that provide additional compensation to employees

Staffing

involves recruiting, hiring, motivating, and retaining the best people available to accomplish the company's objectives

Recruiting

is a key function of HR in order to hire specific employees

Leading

is the management function of creating a vision for the organization and guiding, training, coaching, and motivating employees to help achieve the goals and objectives of the organization

Controlling

is the management function that involves determining whether an organization is progressing toward its goals, rewarding employees for doing a good job, and taking corrective action when they are not

Networking

is the process of establishing and maintaining contacts with key managers in one's own organization and in other organizations, and using those contacts to establish strong relationships that serve as informal development systems

Human Resource management

is the process of evaluating human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals

Leading Management function

is to empower employees, giving them as much freedom as possible to become self-directed and self-motivated

Mission Statement

outlines the fundamental purposes of their organization

Organization chart

showed the relationship among employees in his organization and the lines of authority and responsibility

Mangement

the art of utilizing organizational resources to accomplish goals at work