MGMT 4000 Exam 2 - UGA – Montgomery Questions and Answers | Latest Update | 2024/2025 | 100% Pass
9 views 0 purchase
Course
MGMT 4000
Institution
MGMT 4000
MGMT 4000 Exam 2 - UGA –
Montgomery Questions and Answers |
Latest Update | 2024/2025 | 100% Pass
What is value chain analysis?
Value chain analysis examines the activities a company performs to create value for its
customers and identifies areas for improvement.
What is the purpose ...
MGMT 4000 Exam 2 - UGA –
Montgomery Questions and Answers |
Latest Update | 2024/2025 | 100% Pass
What is value chain analysis?
✔✔ Value chain analysis examines the activities a company performs to create value for its
customers and identifies areas for improvement.
What is the purpose of job enrichment?
✔✔ Job enrichment aims to increase employee satisfaction and motivation by enhancing the
variety and complexity of their work tasks.
What is a balanced scorecard?
✔✔ A balanced scorecard is a strategic planning tool that measures an organization’s
performance from multiple perspectives: financial, customer, internal processes, and learning
and growth.
What does corporate governance involve?
✔✔ Corporate governance involves the structures and processes for directing and controlling a
company, ensuring accountability and transparency.
1
,What is organizational agility?
✔✔ Organizational agility refers to a company's ability to rapidly adapt to market changes and
respond quickly to new opportunities or challenges.
What is a strategic alliance?
✔✔ A strategic alliance is a partnership between two or more organizations to pursue mutual
goals while remaining independent.
What does project management encompass?
✔✔ Project management involves planning, executing, and closing projects to achieve specific
goals within defined constraints like time and budget.
What is market positioning?
✔✔ Market positioning is the process of establishing a brand or product in a specific place in the
minds of target consumers compared to competitors.
What is employee turnover?
2
, ✔✔ Employee turnover refers to the rate at which employees leave a company and are replaced
by new hires.
What is organizational behavior?
✔✔ Organizational behavior studies how individuals and groups act within an organization and
how this affects the organization’s performance.
What does total quality management (TQM) focus on?
✔✔ Total quality management focuses on continuous improvement of processes and products to
enhance customer satisfaction and organizational efficiency.
What is a business model?
✔✔ A business model outlines how a company creates, delivers, and captures value, including
its revenue streams and cost structure.
What is strategic foresight?
✔✔ Strategic foresight involves anticipating future trends and uncertainties to make informed
decisions and prepare for potential challenges.
3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SterlingScores. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.91. You're not tied to anything after your purchase.
