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MAN 320F Exam 2 Questions and Answers Already Passed
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  • MAN 320F

MAN 320F Exam 2 Questions and Answers Already Passed How does “continuous improvement” influence business processes? Continuous improvement focuses on incremental changes to enhance efficiency and effectiveness over time. What is “strategic alignment” and why is it essential? St...

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  • September 10, 2024
  • 26
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • man 320f exam 2 questions and answers already pass

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  • MAN 320F

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MAN 320F Exam 2 Questions and
Answers Already Passed

How does “continuous improvement” influence business processes?


✔✔ Continuous improvement focuses on incremental changes to enhance efficiency and

effectiveness over time.




What is “strategic alignment” and why is it essential?


✔✔ Strategic alignment ensures that all organizational activities and resources are directed

towards achieving the company's strategic goals.




What does “organizational agility” refer to in a dynamic business environment?


✔✔ Organizational agility is the ability to quickly adapt to changes and new challenges,

maintaining competitiveness and relevance.




How does “leadership development” contribute to organizational growth?


✔✔ Leadership development programs enhance the skills of current and future leaders, fostering

better decision-making and strategic thinking.




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,What role does “stakeholder analysis” play in project management?


✔✔ Stakeholder analysis identifies and understands the needs and expectations of all parties

involved, helping to manage their influence and support.




How can “process reengineering” lead to significant operational improvements?


✔✔ Process reengineering involves redesigning workflows and processes from scratch to

achieve dramatic improvements in efficiency and quality.




What is “cultural competency” and why is it important in global management?


✔✔ Cultural competency involves understanding and respecting different cultural norms and

practices, crucial for effective management in a global context.




How does “resource leveling” help in project scheduling?


✔✔ Resource leveling balances the demand for resources with their availability, ensuring that

project timelines are realistic and achievable.




What is the significance of “risk assessment” in strategic planning?


✔✔ Risk assessment identifies potential risks to a strategy and evaluates their impact, allowing

for the development of mitigation plans.

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, How does “customer-centric management” improve business outcomes?


✔✔ Customer-centric management focuses on understanding and meeting the needs of

customers, leading to increased satisfaction and loyalty.




How does “data analytics” support decision-making in management?


✔✔ Data analytics provides insights from data, allowing managers to make evidence-based

decisions and identify trends and patterns.




What is “value chain analysis” and how can it be used to gain a competitive edge?


✔✔ Value chain analysis examines the activities within an organization to identify areas where

value is added, helping to enhance efficiency and differentiation.




What is the role of “scenario analysis” in risk management?


✔✔ Scenario analysis evaluates different potential future scenarios to prepare and strategize for

various possible risks and uncertainties.




How does “team dynamics” influence project success?




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