Chapter 6 Review

An organization's broadest set of plans is called its:

Coordinating people and other resources of an organization to achieve the goals of the organization is the process of:

Management includes all of the functions except

Management can achieve its goals by coordinating what four types of resources?

An organization's most important resource is its ______ resources.

Lawyers, accountants, and engineers are _______ resources of Microsoft.

________ resources are used to meet obligations to investors and creditors.

_______ is called the first management function because all other management functions depend on it.

_______ is called the first management function because all other management functions depend on it.

IBM's principal reason for existing is to earn a profit for its shareholders. The means by which IBM does this is through the manufacture of computers. These two statements describe, respectively, IBM's

McDonald's prodies itself on its efficiency and value in delivering a product in a very short time. These characteristics can best be defined as McDonald's

An outline of the actions an organization intends to take to accomplish its goals and objectives is called its

A(n) ______ is a type of plan designed to implement tactical plans.

Grouping resources and activities to efficiently and effectively accomplish a result is callled

A larger computer company provides well-being seminars free to its employees and provides them with a fitness facility to encourage physical and mental health. The company hopes this will create a satisfying work environment. Which managerial function does this involve?