GMS 200 Final Exam UPDATED ACTUAL Questions and CORRECT Answers
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Course
GMS 200
Institution
GMS 200
GMS 200 Final Exam UPDATED ACTUAL
Questions and CORRECT Answers
Intellectual Capital - CORRECT ANSWER- The shared knowledge of a workforce
Globalization - CORRECT ANSWER- The tedency of businesses and technologies to
spread throughout the world
Shamrock 3 Leaves - CORRECT ANSWER- The 3 leave...
GMS 200 Final Exam UPDATED ACTUAL
Questions and CORRECT Answers
Intellectual Capital - CORRECT ANSWER✔✔- The shared knowledge of a workforce
Globalization - CORRECT ANSWER✔✔- The tedency of businesses and technologies to
spread throughout the world
Shamrock 3 Leaves - CORRECT ANSWER✔✔- The 3 leaves of almost each and every
organization are full time workers, contract workers and aprs-time workers
Portfolio Worker - CORRECT ANSWER✔✔- Someone who has up-to-date skills so they can
move from job to job
Productivity - CORRECT ANSWER✔✔- The quantity and quality go work performance
Performance Effectiveness - CORRECT ANSWER✔✔- The output measure of goal
accomplishment
Performance Efficiency - CORRECT ANSWER✔✔- An input measure of resource cost
associated with goal accomplishment
Sustainable Innovation - CORRECT ANSWER✔✔- When a business creates new products
and production methods that have reduced environmental impacts
Specific Environment - CORRECT ANSWER✔✔- Also called task environment, consists of
the actual organizations, committees, groups and persons with whom a business interacts with
and conducts business with
Value Creation - CORRECT ANSWER✔✔- The creation for value for satisfying needs for
stakeholders
, Strategic Positioning - CORRECT ANSWER✔✔- Helping an organization do same things as
other business but in different ways
Environmental Uncertainty - CORRECT ANSWER✔✔- A lack of information for the
external environment of a business or an organization
Manager - CORRECT ANSWER✔✔- A person who supports, activates and is responsible for
the work of others
Top Manager - CORRECT ANSWER✔✔- Guide the performance of the organization as a
whole
Middle Manager - CORRECT ANSWER✔✔- These are the managers who report to the top
managers who are in charge of large divisions
Line Manager - CORRECT ANSWER✔✔- Directly contribute to producing the
organizations goods or services
Staff Manager - CORRECT ANSWER✔✔- Use special technical expertise to advise and
support line workers
Functional Managers - CORRECT ANSWER✔✔- Are responsible for one area
General Managers - CORRECT ANSWER✔✔- Are responsible for complex, multifunctional
units
Admins - CORRECT ANSWER✔✔- A manager in a public organization
Accountability - CORRECT ANSWER✔✔- The requirement to show performance results to
a superior
Effective Manager - CORRECT ANSWER✔✔- Helps others achieve high performance and
satisfaction at work
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