Management for a Competitive Edge (MgtEdge)

Module 1: Introduction to Management

TOPIC 1: What will we cover in the next four weeks of this subject?

Human Resources Management

Marketing and promotional strategies

Project Management

Management, management tools, strategy , leading and leadership

TOPIC 2: What are the four main functions in management outlined in this topic?

Planning, scheduling, administration and motivation

Administration, organising, motivation and controlling

Planning, organising, leading and controlling

Planning, leading, motivating and scheduling

TOPIC 3: What skills are important for successful managers?

Conceptual skills and the ability to think critically

Motivational skills and the ability to inspire others

Interpersonal or human skills

All of the given answers

TOPIC 4: What is the main focus of researchers in the field of scientific

management?

Primarily focused on increasing efficiencies

They were all male

They all lived in the 17th century

Primarily focused on increasing effectiveness

TOPIC 5: What management approach did Elton Mayo embrace?

Bureaucratic management

Scientific management

Human relations management

Assertive management

TOPIC 6: Which of the following is the best description of corporate culture?

Corporate culture is defined by “the values, norms and behaviours of

individuals that collectively form and define the unique social environment of an

organisation.”

Corporate culture is about social activities in an organisation

Corporate culture only relates to management

Corporate culture has solely negative impact on businesses

TOPIC 7: Ethical decision making in organisations should be based on?

Individual interests only

Entirely on financial benefits for the company

Sustainable outcomes that positively contribute to the organisation but also to

the society as a whole

Short term benefits and profitability that enable the business to operate

successfully and provide shareholder returns

TOPIC 8: Which of the following statements accurately characterises Management

by Objectives (MBO)?

Managers should tell employees exactly how to do their job

Managers should tell staff what they want and how to do it

MBO is an outdated management approach that is hardly used these days

MBO is based on the principle that managers should not tell employees how to

do their job but set clear objectives and allow staff to accomplish goals in their own

ways

TOPIC 9: Which of the following statements characterises a SWOT analysis most

accurately?

SWOT identifies challenges and opportunities for businesses

A SWOT identifies strengths, weaknesses, opportunities and threats for an

organization

Enables management to supervise staff more effectively

SWOT analysis defines threats and strengths