BUSİNESS MANAGEMENT - Deneme Sınavı - 6

The correct answer to the question is option C. Management involves all four functions of management: planning, organizing, leading/ influencing, and controlling.

The correct answer to the problem is option D. Making profit is among the business objectives.

The correct answer to the question is option A. Effectiveness is about making the right decisions and it also involves successful implementation of these decisions. Effectiveness basically shows an organization’s performance in achieving pre-set goals.

The correct answer to the question is E option. Efficiency is mainly about how organization uses its valuable resources. Efficiency refers to not wasting resources when achieving organizational goals.

The correct answer to the question is option B. Planning are to establish organizational goals and determining necessary steps to achieve intended goals.

The correct answer to the question is option C. Human resources are the people working within the organization. Monetary resources refer to the money used by managers to purchase goods and services for the organization. Capital resources refer to the machinery and equipment used in the production process.

The correct answer to the question is option A. Other statements given in the choices are middle management; and first-line management.

The correct answer to the problem is option D. First-line Management has technical skills. Middle Management has human skills. Top management has conceptual skills.

The correct answer to the question is E option. Current changes that affect managerial activities globalization, technological changes, innovation,  ethics and social responsibility, communication technologies.

The correct answer to the problem is option D. There are four decisional roles: the entrepreneurial role, the disturbance handler role, the resource allocator role, and the negotiator role. But the monitor role is one of the types of informational roles.

Organizations and their practices are shaped by social, political, economic and technological forces. For this reason, the correct answer is D.

Unemployment rates, fiscal policies and legislations, inflation rates, interest rates, and general economic conditions such as crises, stagnation, and recession are among the major economic factors. Legal and political issues are the main political forces that affect organizations. For this reason, the correct answer is C.

Henri Fayol identified five managerial functions namely; planning, organizing, commanding, coordinating and controlling. For this reason, the correct answer is E.

Weber identified the basic principles of his theory of ideal bureaucracy. Division of labor, authority of hierarchy, formal selection, career orientation, formal framework of rules and impersonality are the main principles of Weber’s ideal bureaucracy. Social and psychological factors considered in the Hawthorne studies. For this reason, the correct answer is C.

Behavioral management theory focused on how managers should behave to motivate employees, encourage them to perform better, and improve their loyalty to the organization and its goals. For this reason, the correct answer is A.

Behavioral management theory focused on how managers should behave to motivate employees, encourage them to perform better, and improve their loyalty to the organization and its goals. Mary Parker Follett (1868-1933) was the leading name in the behavioral management theory. For this reason, the correct answer is D.

The Hawthorne studies were conducted from 1924 to 1932 at the Western Electric Company in Chicago led by Elton Mayo, a scholar from Harvard Business School. For this reason, the correct answer is A.

McGregor’s theory was based on two opposing views. He called the negative set of employee behaviors and attitudes as Theory X and positive ones as Theory Y. Theory Y assumes that employees are willing to work and have the skills to direct themselves. Besides, they are willing to take responsibilities and initiatives. According to Theory Y, employees prefer to have control over their jobs rather than controlled by the managers. They are self-motivated and creative. Theory Y requires a more democratic and participative management approach. For this reason, the correct answer is D.

Synergy basically means that the whole is greater than the sum of its parts. For this reason, the correct answer is E.

In contrast to the classical management theory’s search for the best way to solve organizational problems, the contingency approach rejects the idea that there is a best way or a solution for all organizational problems. According to the contingency approach, managerial practices are shaped by contingent and situational circumstances. For this reason, the correct answer is C.