Study Guides (238,207)
Canada (115,009)
Administration (1,171)
ADM1300 (130)
All (73)

ADM1300 Business Management Midterm.docx

12 Pages
Unlock Document

University of Ottawa

ADM1300 Business Management Midterm Question 18 MarksWhat is management Explain the different parts of the formal definitionANSWER Management is a Process involving a series of activities and operations such as planning organizing leading and controlling 2 marks an enterprises financial physical human and information resources 2 marks to achieve the organizations goals of supplying various products and services to consumers or customers 2 MarksQuestion 2 2 marksWhat creates the personality of an organization ANSWER Each organization has its own personality created by the experiences skills and personalities and mannerisms among the people who make up the organizationQuestion 3 4 MarksComplete the sentence The rational decision making process requires managers toANSWER1Evaluate the effectiveness of their decision2Make sure that the chosen alternative has served its original purpose3Adopt an alternative that has previously been discarded4Recognize that the situation was not correctly defined to begin with and start the process all over again if requiredQuestion 4 10 Marks What is the importance of each of the mintzbergs 10 managerial roles ANSWERThe Figurehead Role Involves an emphasis on ceremonial activitiesA Leader Role Is essentially one of the influencing or directing of othersThe Liaison Role Emphasise the contacts that a manager has with those outside the formal authority chain of commandThe monitor Role Involves extensive informationseeking that managers engage in to keep aware of crucial development that may affect their unit and their workThe disseminator Role involves the sending of crucial information to othersThe spokesperson Role Is called upon to represent the views of the unit for which heshe is responsibleThe entrepreneurial Role involves the exploration of new ideas and opportunities on the start of new projectsThe disturbance Handler Role Involves a managers response to problemsThe resource Allocator Role Involves the decision on how the resources under their authority will be distributed The Negotiator Role Responsible for knowing what resources can or cannot be committed to particular negotiated solutionsQuestion 5 2 Marks What are the 4 Behavioral aspect of decision makingANSWER1Organizational Politics2Intuition3Escalation of commitment4Risk PropensityQuestion 6 2 Marks What are the main purposes in the organizational goal settingANSWERProvides direction guidance and motivation for all managersHelps firms allocate resourcesHelps to define corporate cultureHelps managers assess performanceQuestion 7 2 Marks
More Less

Related notes for ADM1300

Log In


Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.