Answer the following statements true (T) or false (F)
1. In the planning/control cycle, carrying out the plan is one of the control steps.
2. Managers must be willing to make large, painful decisions to suddenly alter strategy.
3. In a world of rapid and discontinuous change, the ability to please nonmanagerial employees has been called the golden trait among managers.
4. A business plan is a document with the purpose of outlining a proposed firm's profit and loss statements for its first operating cycle.
1. FALSE
The two planning steps are (1) make the plan, and (2) carry out the plan.
2. TRUE
One of the lessons of successful managers is that they must be willing to make large, painful decisions to suddenly alter strategy.
3. FALSE
Because of fast-spreading world conditions, such as the threat of products becoming commodities, rapidly increasing productivity, and global overcapacity, managers must be able to make difficult decisions. The writer Geoffrey Colvin puts it as, "The future will demand ever more people with the golden trait, the fortitude to accept and even seek psychic pain."
4. FALSE
A business plan is a document that outlines a proposed firm's goals, the strategy for achieving them, and the standards for measuring success.
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When recruiting project team members, which of the following factors is NOT something a project manager might consider?
A. Their skill set as it compares to the project manager B. Their ambition, initiative, and energy C. Their availability D. The political connections the potential team member may have E. Their problem-solving ability
The acquisition and payment cycle includes processes for identifying products or services to be acquired, purchasing goods and services, receiving the goods, approving payments, and paying for goods and services received
a. True b. False Indicate whether the statement is true or false
Herzberg’s two-factor theory states that achievement, recognition, and responsibility are all examples of ______.
A. influence factors B. motivators C. dissatisfaction D. hygiene factors
Answer the following statements true (T) or false (F)
1. When a speaker is going to be giving the same speech multiple times, often he or she will give a memorized presentation. 2. Gestures, or hand movements, should be carefully planned and scripted 3. Speakers who avoid making eye contact with the audience are often rated as more credible and truthful. 4. Multimedia presentation aids can be used to create emotion in your presentation. 5. Objects that reinforce your message, create emotion, and/or add new information using a variety of senses are called models.