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MGMT 371 Exam #2 || QUESTIONS AND 100% CORRECT ANSWERS!! $9.99   Add to cart

Exam (elaborations)

MGMT 371 Exam #2 || QUESTIONS AND 100% CORRECT ANSWERS!!

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  • Course
  • MGMT 371
  • Institution
  • MGMT 371

Business Strategy correct answers Vision Mission Goals Objectives Values Organizational Strategy correct answers Structure Processes Leadership Culture (language, values, atmosphere) Technology People Strategy correct answers Recruitment Selection Training and Development Compensat...

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  • September 2, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGMT 371
  • MGMT 371
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MGMT 371 Exam #2 || QUESTIONS AND 100%
CORRECT ANSWERS!!
Business Strategy correct answers Vision
Mission
Goals
Objectives
Values

Organizational Strategy correct answers Structure
Processes
Leadership
Culture (language, values, atmosphere)
Technology

People Strategy correct answers Recruitment
Selection
Training and Development
Compensation and Rewards
Performance Management
Communications

What are the 6 elements of structure? correct answers 1. Work Specialization
2. Chain of Command
3. Span of Control
4. Authority v. Responsibility
5. Authority v. Power
6. Decentralization v. Centralization

work specialization correct answers a job is broken down into a number of steps to be
completed by each individual/employee

chain of command correct answers who reports to who? organization charts

Span of Control correct answers number of people who report up to each leader

Authority v. Responsibility correct answers authority is about title, position, the higher up
you are the more right you have to make decisions; responsibility is related to title, but you
can have tons of responsibility and no power to make decisions

Authority v. Power correct answers who willingly wants to follow you? to guarantee
authority, go for higher positions; power is about influence

Decentralization v. Centralization correct answers in decentralization, people/employees are
involved in decision making; in centralization, top management is deciding everything

What are the five sources of power? correct answers 1. Referent
2. Legitimate
3. Expert

, 4. Reward
5. Coercive

Referent power correct answers People look up to you as a role model

Legitimate power correct answers Comes with higher level positions/titles

Expert power correct answers Best skills or knowledge in the field

Reward Power correct answers Positive use of money, promotion, helping others to get things
done

Coercive power correct answers negative influence on people to get things done

bureaucratic structure correct answers many levels, leaders, and employees; lots of rules,
strict, SOPs, hierarchical

Flat or Organic Structure correct answers must have small number of employees

HR Management correct answers activities undertaken to attract, develop, and
support/maintain an effective workforce within an organization

Strategic HRM correct answers employees are viewed as assets and provide competitive edge
if firms build HR that are:
-valuable
-rare
-not easy to imitate

recruiting correct answers pool, looking for people to apply through:
-executive search firms
-universities
-own website
-employee sites
-employee referral

KSAs correct answers Knowledge, Skills, Abilities

Job Description correct answers lists tasks, duties, and responsibilities

Job Specifications correct answers qualifications needed to perform the job successfully

selection correct answers going through interviews, hiring the most qualified person

Civil Rights Act 1964 correct answers -can't be asked about sexual orientation, religion, race,
color, nationality, or age during an interview

Bonafide Occupational qualifications correct answers job related exceptions
EX: if a jewish man is interviewing for the role of catholic priest you can exclude him

Forecasting correct answers -how many new employees

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