Test Bank for Fundamentals of Management , 10th Edition

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1Fundamentals of Management, 10e(Robbins)Chapter 1 Managers and Management1) Which of the following is a common myth about the study of management?A) Management is just common sense.B) Managers need to be well disciplined in all of the business areas.C) Managers are found in all types of organizations, large and small.D) Many of today's managers are minorities.Answer: AExplanation: Students might be surprised to know that theacademicstudy of management isfilled with insights, based on extensive research, which often run counter to what seems to becommon sense. That's why we decided to tackle head-on this common-sense perception byopening each chapter with a particular "management myth" and then "debunking" this myth byexplaining how itisjust a common-sense myth.Diff: 2LO: 1.1: Tell who managers are and where they work.2) An organization is ________.A) the physical location where people workB) any collection of people who perform similar tasksC) a deliberate arrangement of people to accomplish some specific purposeD) a group of individuals focused on profit-making for their shareholdersAnswer: CExplanation: By definition, an organization is a deliberate arrangement of people who have acommon purpose or goal. An organization may or may not exist in a discrete physical location.For example, many of today's political advocacy organizations exist largely as online entitieswithout a primary physical location. Though some people in an organization may performsimilar tasks, many do not. For example, doctors and administrators may both work for the samehospital organization but perform very different tasks. Finally, focus on profit does not determinean organization. Many organizations, such as a bird-watching club, do not include profit as agoal.Diff: 2LO: 1.1: Tell who managers are and where they work.

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