Management Chapter 1 Test Bank Study Guide Rated A+

71. What is a common problem that many new managers face in the first year of their managerial career? a. Exploiting the freedom they have to do what they think is best for the company b. Thinking too much about building teams and networks c. Delegating so much work that there is nothing left for them to do d. Wanting to do all the work themselves e. Shrinking away from confrontation and opening up communication gaps {Ans: d. wanting to do all the work themselves}20. Supply chain management refers to managing the sequence of suppliers and purchasers, covering all stages of processing from obtaining raw materials to distributing finished goods to consumers. a. True b. False {Ans: True}70. Which of the following tasks best describes the work a manager can expect to do? a. Working individually on a report for some hours uninterrupted b. Taking on a new project that requires specific skills c. Finding the best person on the team to complete a project and delegating the task to that person d. Taking advantage of the many freedoms to do what they think is best for the organization e. Agreeing to take on more work that they