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Exam (elaborations)

GMS 200 EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS

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  • Course
  • GMS 200
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  • GMS 200

GMS 200 EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS Intellectual Capital - Answer-the collective brain power or shared knowledge of a workforce Knowledge Workers - Answer-Workers whose intelligence is a critical asset to employers Glass Ceiling Effect - Answer-an invisible barrier limiting caree...

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  • October 5, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GMS 200
  • GMS 200
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EmillyCharlotte
EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024

GMS 200 EXAM STUDY GUIDE WITH
COMPLETE SOLUTIONS

Intellectual Capital - Answer✔✔-the collective brain power or shared knowledge of a

workforce


Knowledge Workers - Answer✔✔-Workers whose intelligence is a critical asset to

employers

Glass Ceiling Effect - Answer✔✔-an invisible barrier limiting career advancement of

minorities

Globalization - Answer✔✔-the world interdependence of resource flows, product

markets, and business conditions

Organization - Answer✔✔-a collection of people working together to achieve a

common purpose

Productivity - Answer✔✔-the quantity and quality of work performance relative to the

cost of inputs

Performance Effectiveness - Answer✔✔-An output measure of task or goal

accomplishment

Performance Efficeincy - Answer✔✔-An input measure of resource cost associated

with goal accomplishment




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,EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024
General Environment - Answer✔✔-composed of economic, legal-political,

technological, socio-cultural, and natural environment conditions

Sustainable Business - Answer✔✔-A business that both meets customer needs and

protects the well being of the environment

Sustainable Innovation - Answer✔✔-New products and production methods that have

reduced impact on the environment

Specific Environment - Answer✔✔-people and groups with whom the organization

interacts

Stakeholders - Answer✔✔-persons, groups, and institutions directly affected by an

organization

Competitive Advantage - Answer✔✔-something an organization does extremely well,

a core competency that sets it apart from competitors

which can be achieved through costs, quality, delivery, and flexibility

Environmental Uncertainty - Answer✔✔-the lack of complete information about the

environment

Organizational Effectiveness - Answer✔✔-sustainable high performance in using

resources to accomplish mission and objectives

Manager - Answer✔✔-A person in an organization who directly supports,supervises,

and helps activate the work efforts and performance of others

Top Managers - Answer✔✔-Managers responsible for performance of an

organization as a whole or for one of its larger parts

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, EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024
Middle Managers - Answer✔✔-Managers in charge of relatively large departments or

divisions

Supervisors - Answer✔✔-Managers in charge of a small work group of non-

managerial workers

Line Managers - Answer✔✔-Managers responsible for work activities that directly

affect organization's outputs

Staff Managers - Answer✔✔-Managers that use technical expertise to advise and

support the efforts of line workers

Functional Managers - Answer✔✔-Managers responsible for a single area of activity

General Managers - Answer✔✔-managers responsible for more complex units that

include many functional areas

Management - Answer✔✔-process of planning, organizing, leading, and controlling

the use of resources to accomplish goals

Leading - Answer✔✔-The process of arousing enthusiasm and inspiring efforts to

achieve goals

Useful Information - Answer✔✔-Information that is timely, high quality, complete,

relevant, and understandable

Information Technology - Answer✔✔-Application of computers and telecom

equipment to store, retrieve, transmit, an manipulate data

Business Intelligence - Answer✔✔-taps information systems to extract and report

data in organized ways that are helpful to decision makers

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