Mng2601 Exam Prep Q&a 2024

The service or product recall (withdrawal) procedures of a company are an example of _____ control. {Ans: damage}Which one of the following managers will typically make long term plans? {Ans: In order to bring about this change, the company formed a project team under the leadership of Martin Rosen, the marketing director at that time.}John Kotter distinguishes between leaders and managers. According to him, leaders _____, while managers _____. {Ans: motivate and inspire people; deal with complexity}In perceptual grouping, the law of _____ is the tendency to group sensations of related colour, shape and form. {Ans: similarity}The structure and dynamics of the management environment {Ans: The management environment can be divided into: Micro Environment Also referred to as the internal environment. This is the organisation itself, over which management has full control. Market Environment This is the area outside of the organisation over which management has no control. Remote Environment The broader environment within which the organisation functions and which surrounds the market. Refer to figure 4.2, 4.3 and 4.4 in your textbook as well as Table 2.1 in your study guide for summaries of these environments.}Expound on the various managerial skills and competences needed