Ch.7 Quiz

Instructions
Please read the questions carefully.

This assessment is worth 100 points.

  1. Management is a process   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  2. If a manager is analyzing several methods for obtaining the money needed to expand operations, she is involved with which of the following resources?   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  3. Setting objectives is most closely associated with   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  4. The type of planning conducted on a long-range basis by top managers is usually called   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  5. Top management is most involved in   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  6. Decisions regarding adding new products, acquiring companies, and moving into foreign markets would most typically be made by   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  7. Top managers spend most of their time performing which of the following management functions?   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  8. The person heading the Cadillac division of General Motors would be part of   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  9. Which of the following is best used when employees know the standards and are highly motivated to attain them?   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  10. Managers at XYZ Inc. have recognized declining sales on their ABC model product and must make a decision about what to do. Their next step is to   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  



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