MC 1-1 A general management perspective is a. a pre-requisite in order to become a manager b. an understanding of the requirements of the strategic planning process c. essential for all employees d. a capacity for appreciating the issues associated with organizational performance Answer: d Difficulty: challenging Heading: Introductory Paragraphs MC 1-2 A general management perspective as consistent with having a. the ability to make difficult trade-offs in isolation b. a strategic leadership perspective or a cross-enterprise leadership perspective. c. meeting the requirements of the regulators for full disclosure d. sticking with a successful strategy even in a rapidly changing environment Answer: b Difficulty: moderate Heading: Introductory Paragraphs MC 1-3 The job of the general manager is to a. planning, organizing, managing, and controlling b. create, capture, and appropriately distribute value for the enterprise. c. developing and implementing the strategic plan and evaluating performance-to-plan d. assessing the strengths and weaknesses of the organization and identifying opportunities and threats Answer: b Difficulty: easy Heading: The Job of the General Manager MC 1-4 In addition to setting direction, creating strategy, and implementing change, a fourth fundamental component to a general manager‘s job is a. ensure all functional management possess a general management perspective b. assessing performance c. ensuring the organization is maximizing i