MANAGEMENT-SEVENTH-EDITION-WILLIAMS-TEST-BANK

Description

TRUE/FALSE
1.
While good management is basic to starting and growing a business, once some measure of
success has been achieved, good management becomes less important.
ANS: F
Good management is basic to starting a business, growing a business, and maintaining a business once it
has achieved some measure of success.
PTS: 1
DIF: Easy
KEY: Creation of Value
2.
REF: 6
TOP: AACSB Analytic
Managers are responsible for doing the basic work in the company.
ANS: F
The manager’s job is not to do the basic work in the company, but to help others do their work.
PTS: 1
DIF: Easy
KEY: Creation of Value
3.
REF: 7
TOP: AACSB Reflective Thinking
Companies that plan have larger profits and faster growth than companies that don’t.
ANS: T
PTS: 1
TOP: AACSB Reflective Thinking
4.
DIF: Easy
REF: 9
KEY: Creation of Value
The classical functions of management are (1) making things happen, (2) meeting the
competition, (3) organizing people, projects, and processes, and (4) leading.
ANS: F
The classical functions of management are planning, organizing, leading, and controlling.
PTS: 1
DIF: Moderate
REF: 8
KEY: Leadership Principles | HRM | Strategy | Creation of Value
5.
TOP: AACSB Reflective Thinking
According to What Really Works, Meta-Analysis, meta-analysis is a research tool that combines
the results of a number of research studies.
ANS: T
PTS: 1
TOP: AACSB Reflective Thinking
6.
DIF: Easy
REF: 10-11
KEY: Creation of Value
According to the What Really Works box, meta-analysis is useful for management theorists and
researchers, but it has little value for the practicing manager.
ANS: F
Meta-analysis is also useful for practicing managers, because it shows what works and the conditions
under which management techniques may work better or worse in the “real world.”