100% tevredenheidsgarantie Direct beschikbaar na je betaling Lees online óf als PDF Geen vaste maandelijkse kosten
logo-home
Eerder door jou gezocht
Eerder door jou gezocht
logo
MGT-420 Midterm Exam Questions with Correct Answers Latest Update $20.49
In winkelwagen
Snel navigeren naar
Voorbeeld
  2.  
  3. MGT420
  4.  
  5. MGT420

Tentamen (uitwerkingen)

MGT-420 Midterm Exam Questions with Correct Answers Latest Update
 0 keer verkocht
  • Vak
  • MGT420
  • Instelling
  • MGT420

Intellectual Capital - Answer-The collective brainpower or shared knowledge of a workforce (commitment, competency, intellectual capital) Knowledge Workers - Answer-Mind is a critical asset to employers and adds to the intellectual capital of an organization Tech IQ - Answer-A person's abilit...

[Meer zien]

Voorbeeld 3 van de 30  pagina's

Document informatie

  • 25 oktober 2024
  • 30
  • 2024/2025
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden

Onderwerpen

  • mgt 420 midterm exam questions with correct answer
  • intellectual capital answer the collective brain

Geschreven voor

  • MGT420
  • MGT420

Verkoper

avatar-seller
lectknancy

Ontvangen beoordelingen

Voorbeeld van de inhoud

MGT-420 Midterm Exam Questions with
Correct Answers Latest Update
Intellectual Capital - Answer-The collective brainpower or shared knowledge of a
workforce (commitment, competency, intellectual capital)

Knowledge Workers - Answer-Mind is a critical asset to employers and adds to the
intellectual capital of an organization

Tech IQ - Answer-A person's ability to use technology to stay informed:
- Checking inventory, making a sales transaction, ordering supplies
- Telecommuting
- Virtual Teams

Globalization - Answer-The worldwide interdependence of resource flows, product
markets, and business competition that characterize our economy

Job Migration - Answer-Occurs when firms shift jobs from one country to another

Ethics and Ethical Expectations - Answer-Code of moral principles that set standards of
conduct of what is "good" and "right" in one's behavior

Expectations:
- Integrity and Ethical Leadership at all Levels
- Social Responsibility
- Sustainability

Corporate Governance - Answer-Board of directors hold top management responsible
for organizational performance
(financial performance, ethical performance, sustainability)

Workforce Diversity - Answer-Reflects differences with respect to gender, age, race,
ethnicity, religion, sexual orientation, and able-bodiedness

A diverse and multicultural workforce both challenges and offers opportunities to
employers

How diversity bias can occur in the workplace: - Answer-- Prejudice
- Diversity
- Glass Ceiling Effect

Shamrock Organization - Answer-- permanent full time workers
- temporary part-time workers
- freelance or contract workers

,Free Agent Economy - Answer-(on-demand economy) people change jobs more often,
and many work on "gigs" or flexible contracts.

Organizations as Open Systems - Answer-A collection of people working together to
achieve a common purpose

- Resource Inputs (people, money, materials, technology, information)
- Transformation Process (work activities turn resources into outputs)
- Product Outputs (finished goods and services)

Value Creation - Answer-Created when an organization's operations adds value to the
original cost of resource inputs

When value creation occurs:
- Businesses earn a profit
- Nonprofit organizations add wealth to society

Performance Effectiveness and Performance Efficiency - Answer-An output measure of
task or goal accomplishment

An input measure of the resource costs associated with goal accomplishment

Levels of Management - Answer-1. Board of Directors: ensure that the organization is
run right
2. Top Managers: guide the performance of a manager as a whole or for one of its
major parts
3. Middle Managers: oversee large departments or divisions
4. Team Leaders: supervise non-managerial workers

Accountability - Answer-The requirement of one person to answer to a higher authority
for performance achieved in his or her area of work responsibility.
- effective managers help others achieve high performance and satisfaction at work

Quality Work Life (QWL) - Answer-An indicator of the overall quality of human
experiences in the workplace
- Respect
- Fair pay
- Safe working conditions
- Opportunities to learn and use new skills
- Room to grow and progress in a career
- Protection of individual rights

Upside-Down Pyramid - Answer-- A manager's job is to support workers' efforts
- The best managers are known for helping and supporting
- Customers at the top served by workers who are supported by managers

, Pyramid (1 is the top, 4 is the bottom)
1. Customers and Clients
2. Frontline Operating Workers
3. Team Leader and Managers
4. Top Managers

4 Functions of Management (POLC) - Answer-1. Planning: the process of setting
objectives and determining what actions should be taken to accomplish them
2. Organizing: the process of assigning tasks, allocating resources, and coordinating
work activities
3. Leading: the process of arousing peoples' enthusiasm to work hard and direct efforts
to achieve goals
4. Controlling: the process of measuring work performance and taking action to ensure
desired results

Mintzberg's Managerial Roles - Answer-Interpersonal Roles: how a manager interacts
with other people (figurehead, leader, liaison)
Informational Roles: how a manager exchanges and processes information (monitor,
disseminator, spokesperson)
Decisional Roles: how a manager uses information in decision making (entrepreneur,
disturbance handler, resource allocator, negotiator)

Katz's Essential Managerial Skills - Answer-Conceptual Skills: the ability to think
analytically and achieve integrative problem solving
Human Skills: the ability to work well in cooperation with other persons; emotional
intelligence
Technological Skills: the ability to apply expertise and perform a special task with
proficiency

Classical Management Approaches - Answer-Scientific Management (Frederick Taylor):
1. Develop a "science" that includes rules of motion, standardized work implements,
and proper working conditions for every job
2. Carefully select workers with the right abilities for the job
3. Carefully train workers to do the job and give them incentives to cooperate with the
job "science"
4. Support workers by carefully planning their work and by smoothing the way as they
do their work
(the Gilbreths)
- Motion Study
- Eliminating wasted motions improves performance

Administrative Principles (Henri Fayol): rules/duties of management
- Foresight: to complete a plan of action for the future
- Organization: to provide and mobilize resources to implement the plan
-Command: to lead, select, and evaluate workers to get the best work toward the plan

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, Bancontact of creditcard en je bent klaar. Geen abonnement nodig.

Focus op de essentie

Focus op de essentie

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper lectknancy. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor $20.49. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 64302 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Start met verkopen

Laatst bekeken door jou

Tentamen (uitwerkingen) ·

(0)

NSG 252 Perfusion Review Questions and answer already passed 2023

Tentamen (uitwerkingen) ·

(0)

Advanced Pediatric Assessment 3rd Edition Chiocca Test Bank

Tentamen (uitwerkingen) ·

(0)

BBE 1002 Exam Test Questions with Verified Answers Graded A+

Voordeelbundel ·

(0)

Een totale samenvatting pakket voor leerjaar 1 semester 2
$20.49
  • (0)
In winkelwagen
Toegevoegd