Trevor Chapter 1 Business Management
The major factors that should be considered by a company when developing a management strategy include all of the following except the...
business environment
The first level of management in a company is typically
supervisors
The level of management that devotes the greatest amount of time to planning is...
Executives
The first effort to apply scientific study to the management of businesses was...
classical management
Why should an organization develop a management strategy rather than allow each manager to do what he or she chooses?
Developing a management strategy allows the proper tasks to be completed on time in an orderly fashion rather than a manager taking advantage of a higher position
How will the U.S. workforce be different in 2050 than it was in 2010?
Labor force participation will decline
Why might employees not to like to work in a business where managers use classical management?
Managers speeding up the work process for quantity and not quality may frustrate employees and everyone begins to suffer as a result.
How did the Industrial Revolution change the way work was done?
Several types of management was needed in order to conform to the way work was now being done.
How is the work of supervisors different from the work of middle managers and executives?
Supervisors watch over the daily work of employees while middle managers and executives focus more on carrying out goals and planning rather than supervision.
Why did management become so important to businesses as a result of the Industrial Revolution?
The Industrial Revolution had evolved businesses to a point where management was needing to evolve as well, thus becoming extremely important to how work would be complete.
The Industrial Revolution began primarily because of...
The invention of machines allowing the faster processing of raw materials
What are several ways that managers' jobs will be different as a result of the fast pace of change they will be facing in the future?
They will have to adapt to quicker working ability, the ability to maintain stability at a quicker pace, and exceed expectations at a much higher level