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Chapter 01 - Managers and Managing Chapter 01 Managers and Managing True / False Questions 1. A desired future outcome that a firm hopes to achieve is called a goal. True False 2. The planning, organizing, leading, and controlling of resources in order to achieve organizational goals both effectively and efficiently is known as management. True False 3. Organizations are collections of people who work together and coordinate their actions to achieve a wide variety of goals. True False 4. Organizations are effective when managers minimize the amount of input resources. True False 5. Scott's Photography purchased a new software system that will allow him to modify his images much faster. This is an example of increased effectiveness. True False 6. By reducing the amount of resources an organization uses to produce goods and services, they can decrease their efficiency. True False 7. Organizational performance is a measure of how efficiently and effectively managers use available resources to satisfy customers and achieve organizational goals. True False 1-1
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What are the 4 types of managers?The four most common types of managers are top-level managers, middle managers, first-line managers, and team leaders. These roles vary not only in their day-to-day responsibilities, but also in their broader function in the organization and the types of employees they manage.
Which managerial function clarifies the boundaries of authority and responsibility within a department?According to Chester Barnard, “Organizing is a function by which the concern is able to define the role positions, the jobs related and the co-ordination between authority and responsibility. Hence, a manager always has to organize in order to get results.
What is the term that refers to the line of authority from top management to the lowest rank?Scalar chain is a chain of all supervisors from the top management to the person working in the lowest rank. Description: A clear line of communication is very important for any organisation to achieve its objectives.
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