MORS 132 Management Exam Latest
Update Graded A+
Question: What is the primary purpose of strategic management in an organization?
Answer: The primary purpose of strategic management is to set long-term goals, allocate
resources effectively, and implement plans to achieve competitive advan...
MORS 132 Management Exam Latest
Update Graded A+
Question: What is the primary purpose of strategic management in an organization?
Answer: ✔✔ The primary purpose of strategic management is to set long-term goals, allocate
resources effectively, and implement plans to achieve competitive advantage and organizational
success.
Question: What is the difference between tactical and strategic planning?
Answer: ✔✔ Tactical planning involves short-term actions and decisions that align with strategic
goals, while strategic planning focuses on long-term objectives and the overall direction of the
organization.
Question: What are the key components of a SWOT analysis?
Answer: ✔✔ The key components of a SWOT analysis are Strengths, Weaknesses,
Opportunities, and Threats. This framework helps organizations assess internal and external
factors that affect their performance.
Question: How does organizational culture impact management practices?
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,Answer: ✔✔ Organizational culture influences management practices by shaping employee
behavior, communication styles, and decision-making processes, which can affect overall
organizational effectiveness and employee satisfaction.
Question: What is the role of leadership in change management?
Answer: ✔✔ Leadership plays a crucial role in change management by guiding and motivating
employees through transitions, communicating the vision for change, and addressing resistance
to ensure successful implementation.
Question: What is the significance of stakeholder analysis in project management?
Answer: ✔✔ Stakeholder analysis is significant because it helps identify and understand the
needs, interests, and influence of individuals or groups affected by a project, enabling effective
engagement and management strategies.
Question: How can performance metrics be used to assess organizational effectiveness?
Answer: ✔✔ Performance metrics can be used to evaluate organizational effectiveness by
measuring key indicators such as productivity, financial performance, customer satisfaction, and
employee engagement to track progress and make informed decisions.
Question: What is the difference between a leader and a manager in an organizational context?
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, Answer: ✔✔ A leader focuses on inspiring and motivating employees towards a vision, while a
manager focuses on planning, organizing, and controlling resources to achieve specific
objectives and ensure operational efficiency.
Question: What are the main types of organizational structures, and how do they impact
management?
Answer: ✔✔ The main types of organizational structures include hierarchical, flat, matrix, and
divisional. Each structure impacts management by defining reporting relationships, decision-
making processes, and communication flow within the organization.
Question: How does risk management contribute to effective project management?
Answer: ✔✔ Risk management contributes to effective project management by identifying
potential risks, assessing their impact, and developing strategies to mitigate or manage those
risks, ensuring that projects are completed on time and within budget.
funeral service management ✔✔the administration of a funeral service enterprise, the activities
of which encompass marketing, office, personnel, and financial management
marketing management ✔✔the achievement of economical, orderly, and adequate distribution of
products and services
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