Importance of Managers and Management Processes
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Questions and Answers

What are the four functions of the Management Process?

  • Implementing, Analyzing, Reviewing, Revising
  • Selling, Managing, Marketing, Distributing
  • Researching, Developing, Assessing, Implementing
  • Planning, Leading, Organizing, Controlling (correct)
  • What is the first step in the Planning function of management?

  • Establish Goals for the organization (correct)
  • Identify gaps between desired goals and current state
  • Develop Plans to achieve desired objectives
  • Assess effectiveness of the plan
  • Which term best describes people who plan, organize, lead, and control the operations of an organization?

  • Executives
  • Managers (correct)
  • Directors
  • Employees
  • What is a common task of managers in terms of developing plans for an organization?

    <p>Determining what the business needs to do and how to achieve it</p> Signup and view all the answers

    How are complex plans typically implemented by managers?

    <p>Through projects</p> Signup and view all the answers

    What is the final step in the Planning function of management?

    <p>Assess effectiveness of the plan</p> Signup and view all the answers

    Which step in the Planning function involves establishing goals for the organization?

    <p>Step 1</p> Signup and view all the answers

    Why is understanding management processes crucial for aspiring managers?

    <p>To effectively plan, organize, lead, and control operations</p> Signup and view all the answers

    In terms of the Management Process, what is a key responsibility of managers related to implementing plans?

    <p>Assessing effectiveness of the plan</p> Signup and view all the answers

    What do managers focus on during Step 2 of the Planning function?

    <p>Identifying gaps between desired goals and current state</p> Signup and view all the answers

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