Select the word or phrase that best completes each of the following statements.

People who pursue careers in management can expect their jobs to include the planning, controlling, leading, and organizing of organizational resources. By definition, the types of resources managers manage include resources.

Imagine you are the communications manager for the local CBS network affiliate. You organize news reports and press releases as they come in$.$ Your role is focused on the management of resources.

Select the best answer to the following question.

Walmart has posted a job description for an open position focused on the following responsibilities: managing the merchandising of new products in the appropriate store areas; selecting appropriate shelving and display materials throughout the store; identifying needed store repairs. Which type of organizational resource will this job manage?

Human

Physical

Information

Financial

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Successful companies generally achieve their goals efficiently and effectively. Efficiency refers to using resources wisely and without unnecessary waste. Effectiveness means making the right decisions and implementing them successfully. Good managers continuously evaluate whether they are achieving results in the most efficient and effective way, and then apply what they learn to future projects.

Applying what you know about efficiency and effectiveness, select the word or phrase that best completes the following sentences.

A local freight company frequently dispatches trucks that are half full and the crates are often missing their address labels. The company is $.$

Kenneth wants to run a marathon in less than $3$ hours. He made a schedule that should allow him to spend the minimum amount of time training while still improving his speed and endurance. Kenneth is following his plan, but his running time is not improving. Kenneth is $.$

Congratulations! You just graduated with a degree in management. As you reflect on your school experience, you make a list of the reasons you were so efficient with your studies. Which of the following statements relate specifically to your efficiency? Check all that apply.

After each semester, you asked your advisor to review your progress to ensure you remained on track for your anticipated graduation date.

Throughout your time in school, you chose electives that would provide you with a well$-$rounded education, and not based on how easy you heard the classes were.

When registration opened for each term, you immediately registered for the classes you needed, especially the ones that fill up quickly.

Last year, you reviewed the course schedule to ensure you knew when to enroll in certain electives that are offered only once per year.