Question 1

Efficient means that a small proportion of total resources contributes to productivity during the manufacturing process; inefficient means that a large proportion of resources contributes to productivity.

Accepted Answer

The statement is incorrect. Efficient means that a large proportion of total resources contributes to productivity during the manufacturing process, while inefficient means that a small proportion of resources contributes to productivity.

Question 2

Planning is concerned only with organizational success in the short term, while organizing is concerned with the more distant future (long term).

Accepted Answer

The statement is incorrect. Planning involves setting direction and goals for both the short and long term, while organizing focuses on structuring resources and activities to achieve those goals in the short and long term. Both planning and organizing are concerned with success in the short and long term.

Question 3

As one moves from lower-level management to upper-level management, conceptual skills become more important and technical skills less important.

Accepted Answer

Upper-level managers are responsible for strategic planning and decision making, which requires strong conceptual skills such as problem-solving, critical thinking, and strategic thinking. Technical skills are still important, but less so than at lower levels where hands-on knowledge and expertise are necessary for day-to-day operations.

Question 4

To increase the probability of being successful, managers should have competence in recognizing. This involves checking with people before making decisions that affect them, encouraging participation in decision-making, and using the ideas and suggestions of others.

Accepted Answer

The answer of To increase the probability of being successful,...

Question 5

The exploration stage occurs at the beginning of a career and is characterized by self-analysis and the exploration of different types of available jobs.

Accepted Answer

The exploration stage is indeed characterized by self-analysis and exploration of available jobs, typically at the beginning of one's career.

Question 6

In an organization, short-term planning, clarifying objectives of jobs in organizations, and monitoring operations and performance are task-related activities.

Accepted Answer

Short-term planning, clarifying objectives of jobs, and monitoring operations and performance are all task-related activities that help ensure the smooth functioning of an organization.

Question 7

Organizational resources are of four basic types: planning, organizing, leading and controlling.

Accepted Answer

The four basic types of organizational resources are human, financial, physical, and informational resources. Planning, organizing, leading, and controlling are functions of management.

Question 8

Influencing is the process of assigning the tasks developed under the planning function to various individuals or groups within the organization.

Accepted Answer

The answer of Influencing is the process of assigning the...

Question 9

Technical skills involve the ability to apply specialized knowledge and expertise to work-related techniques and procedures.

Accepted Answer

Technical skills are essential abilities and knowledge to perform a specific job or to operate particular equipment or machinery. It involves applying specific techniques and procedures related to a specific field or profession. Thus, the statement is true.

Question 10

Providing recognition for achievements and contributions, developing skill and confidence of organization members are change-related activities.

Accepted Answer

The answer of Providing recognition for achievements and contributions, developing...

Question 11

An organization that wants to retain an employee may need to assist that employee's spouse in his or her career development as well.

Accepted Answer

This is true as the spouse's career opportunities and satisfaction can impact the employee's decision to stay with the organization or leave for better opportunities. Therefore, supporting and assisting the spouse's career development can improve the employee's job satisfaction and retention.

Question 12

Human skills, unlike technical skills, involve the ability to see the organization as a whole.

Accepted Answer

The answer of Human skills, unlike technical skills, involve the...

Question 13

The four basic management functions are planning, organizing, influencing and controlling.

Accepted Answer

The four basic management functions are planning, organizing, influencing (leading) and controlling.

Question 14

Management jobs vary but management principles are universal. The basic ingredients of successful management are applicable to all organizations.

Accepted Answer

The statement is true. Management principles such as planning, organizing, leading, and controlling are applicable to all types of organizations, regardless of industry or size. While the specific practices and techniques may differ, the fundamental principles of effective management remain the same.

Question 15

Planning involves choosing tasks that must be performed to attain organizational goals, outlining how the tasks must be performed, and indicating when they should be performed.

Accepted Answer

Planning is indeed the process of selecting goals, determining how to achieve them, and establishing a plan to carry out those actions in the most efficient and effective way possible.

Question 16

A career is a sequence of work-related positions occupied by a person over the course of a lifetime.

Accepted Answer

A career is defined as a person's work-related positions over their working lifetime.

Question 17

Controlling is the management function through which managers compare present performance to preestablished performance standards.

Accepted Answer

Controlling involves comparing actual performance to predetermined standards to ensure that goals are being achieved and to take corrective action if necessary.

Question 18

The second stage in career evolution is the establishment stage, during which individuals about 25 to 45 years old start to become more productive, or higher performers.

Accepted Answer

During the establishment stage, individuals are typically between 25 and 45 years old and are expected to become more productive and higher performers in their careers.

Question 19

Organizing is also commonly referred to as motivating, leading, directing, or actuating.

Accepted Answer

Organizing is a separate function of management and is not synonymous with motivating, leading, directing, or actuating.

Question 20

Career plateauing is a period of declining performance and productivity.

Accepted Answer

Career plateauing is actually a period of little to no growth or advancement in one's career, but not necessarily a decline in performance or productivity.

Quiz 1: Introducing Modern Management: Concepts and Skills