Management Basics and Planning Concepts
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Questions and Answers

What is the purpose of management in an organization?

  • To influence external and internal environments (correct)
  • To oversee daily operational activities
  • To focus on short-term tactical planning
  • To make decisions under certainty and risk

Which factor is important in staffing functions?

  • Job design only
  • Employee training only
  • Position requirements and job design (correct)
  • Performance appraisal only

What is an example of an informal organization?

  • Informal social groups at work (correct)
  • Line authority structure
  • Matrix organization
  • Virtual organization

Why is decision making important in management?

<p>To evaluate alternatives and choose the best course of action (D)</p> Signup and view all the answers

What is a key aspect of organizational culture?

<p>Values, beliefs, and norms shared by employees (B)</p> Signup and view all the answers

In the context of strategic planning, what does Porter's industry analysis focus on?

<p>Competitive rivalry, threat of new entrants, and buyer power (C)</p> Signup and view all the answers

What is a key characteristic of a virtual organization?

<p>Geographically dispersed workforce (B)</p> Signup and view all the answers

Which analysis tool is used to identify an organization's strengths, weaknesses, opportunities, and threats?

<p>SWOT Matrix (A)</p> Signup and view all the answers

What is the primary purpose of organization reengineering?

<p>Improving efficiency and effectiveness (B)</p> Signup and view all the answers

Which approach to decision making involves selecting the best alternative based on probability assessments?

<p>Decision making under risk (B)</p> Signup and view all the answers

What is a characteristic of a matrix organizational structure?

<p>Functional and project-based managers (B)</p> Signup and view all the answers

In the context of job design, what does 'position requirements' refer to?

<p>Employee qualifications and experiences needed (A)</p> Signup and view all the answers

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