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MGTA01H3 Chapter 7: Chapter 7 Study Guide

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School
UTSC
Department
Management (MGT)
Course
MGTA01H3
Professor
H Laurence

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MGTA01H3 Full Course Notes
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MGTA01H3 Full Course Notes
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Document Summary

Management: is the process of planning, organizing, leading, and controlling a business"s financial, physical, human, and information resources in order to achieve its goals. Planning: that portion of a manager"s jobs concerned with determining what the business needs to do and the best way to achieve it. Organizing: that portion of a manager"s job concerned with mobilizing the necessary resources to complete a particular task. Leading: that portion of a manager"s job concerned with guiding and motivating employees to meet the firm"s objectives. Controlling: that portion of a manager"s job concerned with monitoring the firm"s performance and, if necessary, acting to bring it in line with the firm"s goals. Senior managers: those managers responsible for a firm"s overall performance and effectiveness and for developing long-range plans for the company. Middle managers: those managers responsible for implementing the decisions made by top managers. First-line managers: those managers responsible for supervising the work of employees.

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Related Questions

Maslow was mainly concerned with explaining how: 
 
A. jobs could be broken down into very simple tasks that could be performed by unskilled workers.
B. human motivation was related to a hierarchy of needs.
C. managerial assumptions about workers affected their style of management.
D. to achieve open two-way communication within an organization

 

15. What do we call the responsibility of identifying the numbers and types of employees the organization will require to meet its objectives? a) Human capital allocation b) Workforce planning c) High-performance planning d) Performance management e) None of the above

The purpose of management by objectives is to: 
A. enable top management to set goals for the entire organization.
B. simplify the jobs of middle management by providing them with predetermined goals and objectives. 
C.help employees motivate themselves with a goal-setting model that involves, discussion, review, and evaluation by management and employees. 
D. allows employees to set their own goals without consulting with management.