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What Managers Do, Fourth Edition by Harold L Gilmore, William R Allen

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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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