Question 16Not yet answeredPoints out of 1.00Flag questionQuestion text

The process of monitoring, comparing, and correcting is called ________.

Select one:

a.

evaluating

b.

leading

c.

planning

d.

controlling

Question 17Not yet answeredPoints out of 1.00Flag questionQuestion text

Today, the basic management functions include ________.

Select one:

a.

planning, organizing, coordinating, and controlling

b.

planning, organizing, directing, and controlling

c.

planning, organizing, commanding, and coordinating

d.

planning, organizing, leading, and controlling

Question 18Not yet answeredPoints out of 1.00Flag questionQuestion text

According to the concept of bounded rationality, managers make decisions rationally, but are limited by their ability to process information.

Select one:

True

False

Question 19Not yet answeredPoints out of 1.00Flag questionQuestion text

The anchoring effect describes when decision makers fixate on initial information as a starting point and then, once set, fail to adequately adjust for subsequent information.

Select one:

True

False

Question 20Not yet answeredPoints out of 1.00Flag questionQuestion text

A portion of a manager's job, especially at lower organizational levels may entail duties that are often more clerical than managerial.

Select one:

True

False