Content Preview

Principles of Management BMGT 1327 Exam 2025 Questions and Answers List and explain the 5 primary management functions. - ....ANSWER ...- PLANNING-Preparing for the future ORGANIZING-Putting the people and other resources together and making them work STAFFING-HR-recruiting, selection, training, development, compensation LEADING (DIRECTING)-leadership CONTROLLING-Meeting established standards, production, quality, budget What is management? - ....ANSWER ...-The art of getting things done through the efforts of other people. Attitude - ....ANSWER ...-Not words but behavior. Refers to opinions, beliefs and feelings about aspects of our environment. List and explain 3 Primary factors that influence Organization Performance ....ANSWER ...-ECONOMIC-profit, revenue, market share, price and dividends, taxes, etc.. ENVIRONMENTAL-Recycling clean energy, minimal pollution. SOCIAL-Affirmative action, EEO, community service and involvement Revenue - ....ANSWER ...-Money coming in …FOR STUDENTS ONLY…©️2025 ALL RIGHTS RESERVED… 1