Fundamentals of Management Practice Questions - 2671 Verified Questions

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Fundamentals of Management Practice Questions

Course Introduction

Fundamentals of Management introduces students to the core principles and practices involved in managing organizations effectively. The course covers key topics such as planning, organizing, leading, and controlling, while exploring decision-making processes, ethical considerations, and the roles of managers in both traditional and contemporary business environments. Emphasis is placed on the development of essential managerial skills, understanding organizational structures, motivating teams, and communicating effectively to achieve organizational goals. Through real-world examples and case studies, students gain a foundational understanding of management theories and their practical applications across various industries.

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Fundamentals of Management Essential Concepts and Applications 10th Edition by Stephen P.

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19 Chapters

2671 Verified Questions

2671 Flashcards

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Chapter 1: Managers and Management

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139 Verified Questions

139 Flashcards

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Sample Questions

Q1) Another term for effectiveness is ________.

A)doing the right things

B)doing things right

C)doing things intelligently

D)doing things when necessary

Answer: A

Q2) Described as the new frontier, this new challenge for managers has the potential to both boast and drain employee productivity.

A)organizational politics

B)social media

C)environmental activism

D)intrapreneurship

Answer: B

Q3) Fayol's management processes are completely equivalent to Mintzberg's management roles.

A)True

B)False

Answer: False

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Chapter 2: The Management Environment

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143 Verified Questions

143 Flashcards

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Sample Questions

Q1) Which of the following is likely to be the permanent result of the recent economic downturn in the United States?

A)Almost all of the jobs lost will not return.

B)About half of the jobs lost will not return.

C)About a quarter of the jobs lost will not return.

D)Almost all of the jobs lost will return.

Answer: C

Q2) The CEO of a major corporation experiences emotional problems and makes an appointment to see a psychiatrist.Which of the following has the LEAST legitimate right to be informed about the situation?

A)the stockholders

B)the media

C)the CEO's colleagues

D)the employees of the CEO's company

Answer: B

Q3) How employees dress has nothing to do with an organization's culture.

A)True

B)False

Answer: False

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Page 4

Chapter 3: Integrative Managerial Issues

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149 Flashcards

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Sample Questions

Q1) A ________ is a formal document that states an organization's primary values and the ethical rules it expects its employees to follow.

A)mission statement

B)statement of purpose

C)code of ethics

D)vision statement

Answer: C

Q2) ________ dictates that being socially responsible is the "right thing to do."

A)A public image

B)An ethical obligation

C)A public expectation

D)A dilution of purpose

Answer: B

Q3) One of the reasons the public believes business leaders are more unethical is the attention it receives in the press.

A)True

B)False

Answer: True

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Chapter 4: Foundations of Decision Making

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150 Flashcards

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Sample Questions

Q1) Neural networks are able to outdo the performance of humans by ________.

A)analyzing symbols

B)handling up to three variables at once

C)handling hundreds of variables at once

D)reading facial expressions

Q2) Which of the following traits do all creative people seem to share?

A)They like to save time.

B)They get along well with others.

C)They love their work.

D)They don't like to work hard.

Q3) A scientist cites two studies that show a positive effect for her drug and ignores five other studies that show a negative effect.Which error or bias is she committing?

A)hindsight

B)anchoring effect

C)confirmation bias

D)self-serving

Q4) A highway speed limit is an example of a policy.

A)True

B)False

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Chapter 5: Foundations of Planning

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Sample Questions

Q1) All of the following are threats to a sustainable, long-term competitive advantage EXCEPT ________.

A)market stability

B)market instabilities and disturbances

C)evolution of the industry

D)new technology in the industry

Q2) Planning is concerned with ________.

A)both ends and means

B)ends only

C)means only

D)neither ends nor means

Q3) Buying a competitor's product for evaluation is a form of environmental scanning.

A)True B)False

Q4) Core competencies include an organization's major capabilities and its resources. A)True B)False

Q5) In a short essay, compare strategic plans and tactical plans.

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Chapter 6: Organization Structure

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Sample Questions

Q1) Woodward concluded that the least complex of the technologies was ________.

A)unit production

B)mass production

C)process production

D)quality production

Q2) The biggest issue in workers working at home or off-site involves fairness.

A)True

B)False

Q3) When employees in a matrix structure finish a project, they go back to their functional department.

A)True

B)False

Q4) Grouping jobs on the basis of major product areas is termed customer departmentalization.

A)True

B)False

Q5) A network organization uses its own employees and outside suppliers to provide manpower for projects.

A)True

B)False

Page 8

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Chapter 7: Managing Human Resources

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144 Flashcards

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Sample Questions

Q1) A job description states the minimum qualifications a person needs to perform a job successfully.

A)True

B)False

Q2) In a short essay, discuss why sexual harassment is such a difficult problem in today's workplace.

Q3) In a realistic job preview (RJP), an applicant might be told that the likelihood for promotion for the job he is applying for is slim.

A)True

B)False

Q4) A(n)________ selection device shows a clear link between test performance and job performance.

A)reliable

B)invalid

C)unreliable

D)valid

Q5) Human resource management is about hiring and firing only.

A)True

B)False

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Chapter 8: Managing Change and Innovation

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153 Verified Questions

153 Flashcards

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Sample Questions

Q1) Using the systems model, managers can promote innovation by having the right

A)people and inputs

B)people and environment

C)outputs and resources

D)mechanistic management structure

Q2) Which statement is correct?

A)Stress is always bad.

B)Stress can be bad or good.

C)Stress is always good.

D)Stress can never be good.

Q3) An employee who feels unsettled because he is not sure what his responsibilities are is experiencing role overload stress.

A)True

B)False

Q4) According to Lewin, which of the following is the objective of refreezing?

A)to stabilize the new situation

B)to promote movement away from existing equilibrium

C)to eliminate the need for future change

D)to direct behavior away from the status quo

Page 10

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Chapter 9: Foundations of Individual Behavior

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Sample Questions

Q1) The fundamental attribution error causes people to tend to attribute ________.

A)successes and failures of others to internal factors

B)failures of others to external factors

C)their own successes to external factors

D)their own failures to internal factors

Q2) A fundamental idea of perception is that all people interpret and see reality in different ways.

A)True

B)False

Q3) A manager would most likely be interested in employees' attitudes about which of the following?

A)family responsibility

B)personal responsibility

C)job satisfaction

D)past jobs

Q4) The Myers-Briggs Type Indicator® test can identify thousands of different basic personality types.

A)True

B)False

Q5) Define organizational behavior and describe its goals.

Page 11

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Chapter 10: Understanding Groups and Managing Work Teams

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Sample Questions

Q1) In a short essay, discuss the second stage of group development.

Q2) What term describes the behavior patterns of someone who occupies a given position in a group?

A)Status

B)A role

C)A norm

D)Leadership

Q3) A problem-solving team is likely not to have a supervising manager to oversee it.

A)True

B)False

Q4) The knowledge, skills, and abilities of team members are ________ factors that contributes to team effectiveness.

A)context

B)work design

C)process

D)composition

Q5) As a group expands, individual productivity tends to decline.

A)True

B)False

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Chapter 11: Motivating and Rewarding Employees

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Sample Questions

Q1) Workers with a Theory Y point of view would be likely to ________.

A)just want to collect a paycheck

B)love their job more than the money they make

C)avoid work unless rewards were high

D)avoid responsibility for their actions

Q2) Theory X assumes that people work hard when they ________.

A)are closely controlled

B)enjoy a sense of accomplishment

C)are not compensated

D)experience a sense of fairness

Q3) The job characteristics model, or JCM, holds that the three core job dimensions-skill variety, task identity, and task significance-combine to give work true meaning.

A)True

B)False

Q4) The highest order need in Maslow's hierarchy is ________.

A)social esteem

B)social needs

C)self-monitoring

D)self-actualization

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Chapter 12: Leadership and Trust

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Sample Questions

Q1) A participating leadership style works best with which type of follower?

A)R1

B)R2

C)R3

D)R4

Q2) Trait theories of leadership focus on how leaders interact with their followers.

A)True

B)False

Q3) Results from the leader-participation model conclude that it is more important to talk about autocratic and participative ________.

A)situations than leaders

B)leaders than situations

C)leaders than followers

D)followers than situations

Q4) Research has shown a distinct set of traits that distinguishes leaders from non-leaders.

A)True

B)False

Q5) In a short essay, identify and describe three traits associated with leadership.

Page 14

Q6) In a short essay, describe the Ohio State University leadership studies.

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Chapter 13: Managing Communication and Information

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Sample Questions

Q1) Networked communication capabilities include all of the following EXCEPT

A)email

B)the grapevine

C)instant messaging

D)electronic data interchange

Q2) Which action best shows a speaker that you are paying close attention?

A)avoiding interruptions of the speaker

B)avoiding over talking

C)direct eye contact

D)smooth transitioning from listener to speaker

Q3) Which security risk do today's managers worry about most?

A)employees selling proprietary information to rivals

B)employees inadvertently allowing proprietary information to be leaked

C)employees inadvertently selling proprietary information to competitors

D)employees deliberately sharing gossip with outsiders

Q4) Selective perception involves a listener hearing what he or she wants to hear.

A)True

B)False

Q5) In a short essay, explain how gender can affect communication.

Page 15

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Chapter 14: Foundations of Control

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146 Flashcards

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Sample Questions

Q1) Effective controlling can help managers ________.

A)empower their employees

B)set their goals

C)maximize risk

D)minimize employee empowerment

Q2) In a short essay, describe feedforward control and give an example of its use.

Q3) This is the most informal form of performance measurement.

A)oral reports

B)written reports

C)statistical reports

D)personal observation

Q4) When should a manager's course of action be to do nothing?

A)when the cause of the variation has been identified

B)when the standard is acceptable

C)when the standard is not acceptable

D)when the variance is acceptable

Q5) Budgets can be effective tools for both planning and controlling.

A)True

B)False

Q6) In a short essay, describe the second step in the control process.

Page 16

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Chapter 15: Operations Management

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153 Flashcards

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Sample Questions

Q1) Operations management is a subsystem of the transformation process.

A)True

B)False

Q2) It is easier to see the transformation process at work in manufacturing organizations than in service organizations because manufacturing organizations ________.

A)produce goods and services

B)turn inputs into outputs

C)turn inputs into physical and nonphysical products

D)produce physical goods

Q3) The requirement for value chain management that involves better product demand forecasting information is ________.

A)leadership

B)organizational culture and attitudes

C)coordination and collaboration

D)organizational processes

Q4) A load chart can tell you how many workers are busy at a given point in time.

A)True

B)False

Q5) In a short essay, define and discuss quality control in an organization.

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Chapter 16 : History Module

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105 Flashcards

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Sample Questions

Q1) One of the keys that distinguishes an entrepreneurial organization from a conventional organization is the concerted emphasis on growth.

A)True

B)False

Q2) This type of work team is composed of specialists.

A)empowered

B)problem solving

C)self-directed

D)cross-functional

Q3) The classic "entrepreneurial personality" is a person who is high in self-confidence, motivation, and energy.

A)True

B)False

Q4) If the legal structure of an entrepreneurial venture does not turn out to be ideal, it can always be changed easily once the organization is up and running.

A)True

B)False

Q5) In a short essay, explain how entrepreneurial you think you are.

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Chapter 17: Quantitative Module

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135 Verified Questions

135 Flashcards

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Sample Questions

Q1) In a short essay, explain how the systems approach contributes to the understanding of management.

Q2) What inspired Robert Owen to devote efforts into creating a safer workplace?

A)possible profit from factories

B)articles in the newspaper

C)deplorable factory conditions

D)greedy factory owners

Q3) Prior to the Hawthorne studies, managers paid little attention to the role of ________ in making decisions.

A)productivity

B)human behavior

C)efficiency

D)cost control

Q4) The idea of employees being paid a fair wage for their services did not emerge until the 1960s.

A)True

B)False

Q5) In a short essay, identify the principles of management identified by Henri Fayol that are most important for establishing a manager's control over employees.

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Chapter 18: Career Module

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99 Verified Questions

99 Flashcards

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Sample Questions

Q1) In a short essay, explain how managers can use current value for making organizational decisions.

Q2) Return on investment measures the ratio of total profits to total assets.

A)True

B)False

Q3) An organization with a high leverage ratio has usually been overly cautious and conservative in its borrowing.

A)True

B)False

Q4) A current ratio of 1.5 to 1 for an organization suggests that the organization will not be able to meet its short-term debt obligations.

A)True

B)False

Q5) The break-even point is computed by the formula BE = [TFC/(P - VC)].

A)True

B)False

Q6) A pessimistic manager will typically follow a minimin choice.

A)True

B)False

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Chapter 19: Entrepreneurship Module

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103 Flashcards

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Sample Questions

Q1) Traditional career development programs of the past focused on helping an employee advance ________.

A)through a series of jobs for different organizations

B)by holding a single job in a single organization

C)by holding a series of jobs in a single organization

D)by changing jobs every two years without fail

Q2) Studies in a variety of fields show that super-high achievers ________ than others.

A)have higher IQ scores

B)work fewer hours

C)work harder

D)are more insecure

Q3) Though many people think that "whom you know" is important for getting jobs, having connections is highly overrated as a way to advance one's career.

A)True

B)False

Q4) Job location ranked second in job priorities for today's job seekers.

A)True

B)False

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