Exam (elaborations)
GMS 200 - Toronto Metropolitan University GMS 200 – Midterm Questions With Complete Solutions
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GMS 200 - Toronto Metropolitan University GMS 200 – Midterm Questions With Complete Solutions
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GMS 200 – Midterm Questions With Complete SolutionsEthicsCorrect Answerscode of moral principles that set
standards of conduct of what is good and right
Organizations as open system Correct Answerscomposed or
interrelated parts that function together
Line Manager Correct AnswersResponsible for work activities
that directly affect organization's outputs
Staff Manager Correct Answershave technical expertise to
advise/ support line workers
Functional ManagerCorrect Answersresponsible for a single
area of activity
General ManagersCorrect Answersresponsible for activities
covering many functional areas
AdminstratorsCorrect Answersmanagers who work in public/
non-profit organizations
General Environment Correct Answersconsists of all the
background conditions in the external environment of an
organization
Economic Conditions Correct Answersthe economic conditions
of the general environment details the health of the economy in
terms of inflation, income levels, GDP, unemployment, and job
out-look.
, Legal-Political ConditionsCorrect Answersby staying abreast of
the legal-political conditions of the general environment,
managers are aware of the prevailing philosophy and objectives
of the political party or parties running the government, as well
as laws and government regulations.
Internet Censorship Correct Answersis the deliberate blockage
and denial of public access to information posted on the Internet
Technological Conditions Correct Answerswith the development
and availability of new technologies in the general environment,
managers need to constantly monitor how these advances affect
the work being done by employees.
Socio-cultural ConditionsCorrect Answerschanges in the norms,
customs, and social values on such matters as human rights,
ethics, gender roles, and life styles, along with environmental
trends in education and related social institutions, as well as
demographic patterns all will affect how organizations are
managed.
Specific Environment Correct Answersconsists of all the actual
organizations, groups, and persons with whom an organization
interacts and conducts business.
StakeholdersCorrect Answersthe persons, groups, and
institutions who are affected by the organization's performance
Competitive Advantage Correct Answersrefers to a core
competency that clearly sets and organization apart from
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