Phunganhphuong
Phunganhphuong
Phunganhphuong
Chap 1
1. A - Henry Fayol
2. C - F.W.Taylor
3. B - Mining
4. D - Peter F.Drucker
5. B - Management is a discipline
6. D - Planning
7. C - Staffing
8. A - Open system
9. D - There is no need of explaining organizational objectives to
every employee
10. D - scientists
Chap 3
1. A – Peter F.Drucker
2. C – Planning is not common to all
3. C – Strategic
4. A – Forecasting
5. A – Planning
6. B – Time series analysis
7. A – Peter F.Ducker
8. B – MBO
9. A – Managers
10. A – Principle of participation
CHAPTER 1
Chapter review questions
1. What are the characteristics and traits that you possess that are
common to all successful managers?
The characteristics and traits that I possess that are common to all
successful managers are communication and decision-making. In
communication, I can tailor my communication to different
audiences and ensure everyone understands the message. For
decision-making, I can analyze information and data to identify the
best course of action.
10. Identify what you think are the critical issues facing
contemporary management. Explain.
Stop Doing:
- Procrastination: Address procrastination tendencies by breaking
tasks into smaller, manageable steps and setting deadlines for
completion.
- Multitasking: Avoid multitasking, as it can reduce productivity
and focus on individual tasks.
2. Here are three job titles. Rank which job would devote the
most of its time to conceptual, human, and technical skills.
a. Vice President of Finance at a Fortune 100 company:
- Conceptual abilities: This role would spend a substantial
amount of time developing conceptual abilities such as strategic
planning, financial analysis, and high-level decision-making
within the organization.
- Human Skills: While crucial, this role's major focus may not
be on human skills as much as technical and intellectual skills.
However, excellent communication and leadership skills are
still required when interacting with teams and stakeholders.
- Technical abilities: Technical abilities in finance, accounting
concepts, and financial software usage are required but may not
take as much time as conceptual skills in this high-level
function.
CHAPTER 3