Management Terms
Management is more than just telling people what to do. In fact, managers are responsible for planning, organizing, staffing, controlling and l_____g people, processes, and assets in order to achieve a goal or task in the best way possible.
Leading
The four main functions of management are:
Planning
O_______
L_______
Controlling / Evaluating
Organizing; leading
Human Resource managers take care of the _______ in the organization. Without them, employees wouldn't get paid or have any benefits.
Which phase of project management includes determining the feasibility of an idea?
a) Monitoring
b) Initiation
c) Closing
b) Initiation
According to Rassmusen college, data over the past 12 months shows 357,983 job postings for positions requiring (this) degree.
a) Nursing
b) Business Management
c) Accounting
b) Business Management
Shaniqua is having an issue with her hours at work. She wasn't paid the right amount for the overtime she worked. By Chain of Command, who is the first person she should go to about this?
a) The company CEO
b) Her first-line leader
c) The regional manager
b) Her first-line leader
Frito Lay is developing a new flavor of potato chip in hopes of increasing sales by 10% this summer. This would fall under the P_______ function of management.
Planning
Employee _________ is when a new employee learns the basics of where everything is, and what they will be expected to do for their new position.
a) Orientation
b) Onboarding
Orientation
We can use (this) type of chart to display how the project is moving along over time:
a) Budget Chart
b) Employee Attendance Chart
c) Gantt Chart
c) Gantt Chart
A whopping ___% of projects are prone to failure, often due to poor communication, lack of alignment with business goals, or ineffective project management practices. This number is a stark reminder of how critical proper planning and execution are to project success.
a) 70%
b) 60%
c) 50%
a) 70%
To be successful, managers need to have problem-solving skills, procedural skills, and people skills. SGT Rambo is teaching a young private how to load a 240B machine gun on the range. In this situation, SGT Rambo is using his ________ skills.
Procedural (procedural skills involve teaching a skill to an employee)
Frito Lay managers check their databases each week to see if their new potato chip is meeting sales goals. Checking sales against the goal falls under the _________ function of management.
Controlling / Evaluating
Employee O________g is where a new employee learns how their new role contributes to the entire company.
Onboarding
Name a method a team could use to make sure they meet their deadlines for a project.
Set clear timelines for when things need to be done, and enforce them.
Leaders who _________________ and are able to respond with empathy perform more than 40 percent higher in all performance and leadership metrics.
a) Are good listeners
b) Are effective budgeters
c) Are experts at their jobs
a) Are good listeners
According to the National Labor Relations Act of 1935, U.S. employers may NOT do which of the following things to punish their employees:
a) Create unsafe or unhealthy work conditions for employees in a union.
b) Interfere with work/life balance.
c) Threaten to fire employees for being part of a union.
c) Threaten to fire employees for being part of a union.
Staffing
Name two things that a Human Resource (HR) Manager would be in charge of.
(answers will vary)
The things that we promise to get done during a project are called d_________s.
Deliverables
According to Brian Rollo, 88% of employees don’t think that their organization does a good job of (this).
a) Onboarding new employees
b) Marketing new products
c) Offering employee benefits
a) Onboarding new employees
Give two examples of intellectual property.
The Lakota Tech Football Team has lost 3 of its last 4 games. The players on the team are starting to lose confidence in themselves, and it's reflecting in their performances. This is where the ________ function of management would be effective.
Leading
Based on the Equal Employment Opportunity Act, give an example of a question that an interviewer is prohibited from asking a potential employeee.
Equal Employment Act prevents company interviewers from harassing interviewees with questions which don't pertain to their ability to do the job. These would be questions that have to do with ethnic background, religious beliefs and sexual orientation.
What is the last step in Project Management that teams often skip over, but is actually one of the most important steps so that we don't repeat the same mistakes the next time?
Closing
65 percent of the business management jobs analyzed list salary information equal to or greater than $50,000 annually.
a) $30,000
b) $60,000
c) $50,000
c) $50,000