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True-False: Please circle the correct response. (2.5 points each) 1. Planning, organizing, leading, and controlling are all management functions a. True b. False 2.

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True-False: Please circle the correct response. (2.5 points each) 1. Planning, organizing, leading, and controlling are all management functions a. True b. False 2. Top managers are responsible for establishing the strategic direction of an organization. a. True b. False 3. A manager's interpersonal role includes monitoring the environment. a. True b. False 4. There are two external environments: the general environment and the internal environment. a. True b. False 5. The specific environment includes suppliers and customers. a. True b. False 6. Because companies have significant influence over the specific environment, they should seek to influence the specific environment. a. True b. False 7. New entrants reduce industry capacity. a. True b. False 8. Codes of Ethics can increase ethical conduct in companies. a. True b. False 9. Management is the process of getting work done through others. a. True b. False

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