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Principles of Management MGMT 3300 Midterm Questions with Correct Answers.
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Principles of Management MGMT 3300 Midterm Questions with Correct Answers.
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Principles of Management MGMT 3300 MidtermQuestions with Correct Answers
A ______ has a culture that values sharing knowledge so as to adapt to
the changing environment and continuously improve. Correct Answer-
learning organization
______ is the perceived benefit of a product, used by customers to
determine whether to buy the product.
Correct Answer Customer value Correct Answer-customer value
______ is/are the technology used to transform inputs into outputs.
Correct Answer-system process
Business environments generally change at a(n) ______ pace. Correct
Answer-fast
______ means trying to creating a win-win situation for all relevant
stakeholders so that everyone benefits from the decision. Correct
Answer-stakeholders' approach to ethics
______ is the process of justifying our unethical behavior so that we do
not have to feel bad. Correct Answer-rationalizing
Which of the following is NOT one of the levels of corporate social
responsibility? Correct Answer-philanthropic
, ______ meets the needs of the present world without compromising the
ability of future generations to meet their own needs. Correct Answer-
sustainability
In what the textbook calls a ______ culture, aspects of the culture keep
the organization from being successful in achieving objectives. Correct
Answer-unhealthy
Most religions have some variation of the Golden Rule. Correct Answer-
true
An organization's culture is manifested in the key values and principles
that leaders preach and practice and in its employees' attitudes and
behavior. Correct Answer-true
Strengthening an organizational culture is not a program with a starting
and ending date; it is an ongoing process. Correct Answer-true
______ is what motivates us to buy products. Correct Answer-value
Organizations with many employees who do not behave as expected
have what the textbook calls ______ cultures. Correct Answer-weak
In a ______ culture, the culture supports organizational success through
positive values. Correct Answer-healthy
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