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GMS 200 MIDTERM exam 2 Questions & answers | A Graded
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GMS 200 MIDTERM exam 2 Questions & answers | A Graded
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GMS 200 MIDTERM exam 2Questions & answers | A Graded
Safety Needs - ✔✔Security and Safety
Belongingness and love needs - ✔✔Intimate relationships, friends
Esteem Needs - ✔✔prestige and feeling of accomplishment
Self Actualization Needs - ✔✔achieving one's full potential, including creative activities
Theory X - ✔✔assumes that workers:
-dislike work
-lack ambition
-are irresponsible
Theory Y - ✔✔assumes that workers:
-willing to work
-willing to accept responsibility
-capable of self direction
System - ✔✔collection of interrelated parts that function together to achieve a common purpose
, Subsystem - ✔✔a smaller component of a larger system
Open Systems - ✔✔organizations that interact with their environments in the continual process
of transforming resource inputs into outputs
Contingency thinking - ✔✔tries to match managerial responses with problem ad
opportunities unique to different situations
Total Quality Management (TQM) - ✔✔comprehensive approach to continuous quality
improvement for a total organization
High Performance Organization - ✔✔organizations that consistently achieve excellence while creating
a high quality work environment
Global economy - ✔✔resource supplies, product markets, and business competition are
worldwide, rather than local
Globalization - ✔✔the process of growing interdependence of these components in the
global economy
Global sourcing - ✔✔is the practice of sourcing from the global market for goods and services
across geopolitical boundaries
Franchising - ✔✔is the practice of using another firm's successful business model
Insourcing - ✔✔having people within the company do jobs that would normally be done
by contractors
Joint Ventures - ✔✔operates in a foreign country through co-ownership by foreign and local partners
Global Strategic Alliances - ✔✔foreign and domestic firms share resources and knowledge
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