Intro to Business Chapter 7
vision
An organization's ________ gives it a sense of purpose and a set of values that unites workers in a common destiny.
leading
As a manager, two of April's greatest strengths are her ability to clearly communicate goals and her ability to guide, coach, and motivate her employees. Based on these strengths, __________ is a management function that April is likely to be good at performing. leading planning controlling organizing
management
The process used to accomplish organizational goals through planning, organizing, leading, and controlling organizational resources is ___________.
management
_______________ is the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources.
vision
A company's ___________ is a broad explanation of why the organization exists and where it is trying to go.
managers
Employees who get things done using an organization's financial resources, information, equipment, and workers are: managers customers suppliers competitors
managers leaders
In organizations, ______________ strive to produce order and stability, whereas ____________ embrace and manage change.
information equipment workers
Managers practice the art of getting things done using organizational resources such as: information customers equipment workers
evaluating the daily performance of workers
Pierre has been promoted to a first-line manager. Pierre's new position will require him to spend a lot of time developing strategic plans. creating a vision for the company. providing information to stakeholders. evaluating the daily performance of workers.
conditions change rapidly in today's economic and competitive environments
Setting contingency plans in an organization is considered very important today mainly because managers have historically been poor tactical planners. the government can charge firms with unfair business practices if they do not have such plans. most employees and staff don't understand strategic planning, so they tend to rely more on contingency plans. conditions change rapidly in today's economic and competitive environments.
top management
The definition of ______ ______ states: highest level of management, consisting of the president and other key company executives who develop strategic plans. middle management top management supervisory management front line management
top management
The definition of _________________ ______________________ states: highest level of management, consisting of the president and other key company executives who develop strategic plans.
leaders managers
The difference between leaders and managers is that ___________ establish a vision and corporate values, while ____________ carry out that vision.
embraces change
What is a defining quality of a leader? tend to do the work themselves rather than delegate it to others embraces change mainly concerned with tactical issues strives to maintain order and stability
The marketplace is becoming global, which increases both competition and opportunities for cooperation and integration
Which statement reflects changes in the role of management? Firms are recognizing that their workforces are too diverse, so managers must find ways to reduce diversity without violating federal laws against discrimination. The desire to encourage teamwork has resulted in larger, more cumbersome organizations with too many workers. The marketplace is becoming global, which increases both competition and opportunities for cooperation and integration. Most workers today show little initiative or creativity, so managers must spend more time directing their efforts.
vision
______ is a broad explanation of why the organization exists and where it is trying to go. Mission Vision Leadership Objective
