The First Examination
What Managers Do, Fourth Edition
Course Code 95028
INSTRUCTIONS: Record your answers on the scannable answer form enclosed with this course. Please follow the directions on the form carefully. Be sure to keep a copy of the answer form for your records. No photocopies will be graded.
1. Strategy:
(a) is concerned with deciding which option makes sense for a given organization.
(b) is defined as the pattern of action a firm takes to change the competitive equilibrium.
(c) specifies how an organization intends to compete to achieve its goals.
(d) all of the above.
2. The traditional basic functions that a manager performs, in their modern form, are:
(a) controlling, delegating, staffing, organizing, planning.
(b) controlling, ...
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