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MGT 521T Practice Chapter 1
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MGT 521T Practice Chapter 1

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1) An intrapreneur is someone who works inside an existing organization who sees an opportunity for a product or service and mobilizes the organization’s resources to try to realize it. This person might be a researcher or a scientist but could also be a manager who sees an opportunity to create a new venture that could be profitable. 2) The managerial function of ________ involves monitoring performance, comparing it to goals, and taking corrective action when needed. 3) what are the two types of entrepreneurship? 4) Because they are willing to take risks in the pursuit of new opportunities, including the risk of personal financial failure, _____ need the confidence to act decisively. 5) According to your book, which two statements are true about nonprofit organizations? 6) Managers who are responsible for several organizational activities rather than just one are called ______ managers 7) The organizing function of management consists of arranging tasks, ________, and other resources needed to accomplish work. 8) Which of the following is the BEST description of an organization? 9) Which of the following are classified as softskills? 10) What are some of the potential rewards of getting a management degree and following a career in management? Choose all that apply 11) Alisha is a senior partner in a law firm. She has given Victoria, a new associate fresh out of law school guidance and advice to help her grow in her carrer. Alisha would be described as? 12) Management is defined as the efficient and effective pursuit of organizational goals accomplished by engaging in all of the following functions EXCEPT: 13) Which two of the following accurately characterize artificial intelligence (AI) in the workplace? 14) The challenge of managing for _____ refers to the idea that managers need to maximize the contributions of employees of different genders, races, ethnicities, and age groups 15) After purchasing a small company in china, Linda’s US-based company trained all of its employees on Chinese business customs so they would be able to communicate properly with teir new coworkers in china. Linda’s company was responding to the result of _________ 16) In terms of management levels, managers who make short-term operating decisions and direct the tasks of nonmanagerial personal are called _______ managers 17) Which of the following is an example of a top manager? 18) Natalie was recently promoted to a management position and was elated to learn she would receive a 15% pay increase. Which type of reward is she receiving? 19) What are two examples of a mutual-benefit organization? 20) Which of the following managers is demonstrating the management function of planning rather than organizing? Controlling, or leading? 21) According to Mintzberg, which of the following would be characterized as a manager’s informational roles? 22) According to Mintzberg, what are two of decision-making roles of a manager? 23) which of the following employees is an example of a functional manager? 24) which of the following groups is BEST known for being action oriented and impatient to get things done as quickly as possible? 25) John P. Kotter’s 1999 research shows that compared to the number of hours mintzberg found managers working, it was more common for managers to work just under ______ hours a week 26) According to Mintzberg’s findings, which of the following statements regarding a manager’s communication is TRUE? 27) Which two statement accurately reflect what Mintzberg found regarding managers’ time? 28) Russ is the project manager of a multinational team with members in Ireland, Malaysia, and the United States. Once a week, the team meets by using video and audio links along with computers so that they can see, hear and talk with one another. What technology does this BEST describe? 29) As a sales manager, ken knows that in order to achieve his company’s sales goals he will need to make the best use of the limited resources available to him. Which aspect of management is ken practicing? 30) The advent of cloud computing has made it possible for employees to 31) A(n) ______ sees an opportunity for a new product or service and launches a business to try to realize it. 32) While an entrepreneur has what it takes to start a business, it is the role of a _______ to grow or maintain that business.

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