Management 2

Business

1. A middle manager is candidate for a promotion to top management. According to Robert Katz's classical management skills model and the provided text, how does the relative importance of managerial skills shift during this transition? (1 pt)

Conceptual skills become more important than technical skills, while human skills remain equally important.

Technical skills increase in importance while human skills and conceptual skills decrease in importance.

Human skills become the single most critical skill, exceeding both technical and conceptual skills.

Conceptual skills replace human skills entirely, while technical skills retain their operational dominance.

2. An organization is successful at reaching its stated strategic goals, but it consumes an excessive amount of input resources and generates substantial waste during production. According to the managerial effectiveness and efficiency matrix, which description best characterizes this firm? (1 pt)

Efficient and effective

Inefficient and effective

Efficient and ineffective

Inefficient and ineffective

3. A executive spends time monitoring the organization's external environment, proposing a new long-term strategic vision, and encouraging staff to take calculated risks to innovate. Into which category of contemporary management activities do these actions fall? (1 pt)

Task-related activities

People-related activities

Change-related activities

Controlling-related activities

4. Compare a market economy and a mixed market economy specifically regarding ownership of production and the scope of government involvement as outlined in the text. (2 pts)

5. Explain the key theoretical distinction between managerial efficiency and managerial effectiveness, and detail why high efficiency alone does not ensure organizational success. (2 pts)

6. Contrast the classical view of management skills (Robert Katz) with the contemporary view of management skills in terms of how each categorizes managerial work. (2 pts)

7. According to the lecture text on career development roles, contrast the specific responsibilities of the professional employee versus the manager across the dimensions of 'Planning' and 'Follow-through'. (2 pts)

8. Identify the four integrally related functions of management, and describe how the controlling function feeds back into the planning function when performance variances occur. (2 pts)