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VI. Tell whether each of the following statements is true or false
according to the text. Correct the false statements to make them true:

1. _______ What is important to an organization is both the number of managers it
employs and the ability of these managers to achieve the organization’s goals,
and this ability requires a great skill.
2. _______ The most important resources of any organization are its human
resources – people.
3. _______ Financial resources is the funds the organization uses to meet its needs.
4. _______ Finally, many organizations increasingly find they cannot ignore
informations.
5. _______ Companies find it increasingly important to gather information about
their competitors in today’s business environment.

VII. Choose the one word that would best keep the meaning of each
sentence:

1. Management is based on scientific theories and today we can say that it is a developing
science.

a) operation;
b) administration;
c) consulting;
d) planning.

2. It is necessary to know how to apply this knowledge.

a) neglect;
b) make use of;
c) ignore;
d) elect.

3. A very large organization may employ many managers, each responsible for activities of
one management area.

a) hire;
b) fire;
c) look for;
d) take care of.

4. Material resources are physical materials and the equipment used by an organization to
make a product.

a) method;
b) money;
c) supply;
d) apparatus.