100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
GMS 200 – MIDTERM EXAM QUESTIONS AND ANSWERS $9.99   Add to cart

Exam (elaborations)

GMS 200 – MIDTERM EXAM QUESTIONS AND ANSWERS

 3 views  0 purchase
  • Course
  • GMS 200
  • Institution
  • GMS 200

GMS 200 – MIDTERM EXAM QUESTIONS AND ANSWERS Intellectual capital - Answer-Collective brainpower of a workforce that can be used to create value Resource inputs - Answer-People, money, materials, technology, information Transformation process - Answer-Work activities turn resources into outp...

[Show more]

Preview 2 out of 13  pages

  • October 5, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GMS 200
  • GMS 200
avatar-seller
EmillyCharlotte
EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024

GMS 200 – MIDTERM EXAM
QUESTIONS AND ANSWERS

Intellectual capital - Answer✔✔-Collective brainpower of a workforce that can be

used to create value


Resource inputs - Answer✔✔-People, money, materials, technology, information

Transformation process - Answer✔✔-Work activities turn resources into outputs

Product outputs - Answer✔✔-Finished goods and services

Organizations - Answer✔✔-People working together to achieve a common purpose

Value creation - Answer✔✔-When an organizations operations add value to the

original cost of resource inputs

Specific (task) environment - Answer✔✔-Organizations, groups, people that

organizations interact and conduct business with

Examples of specific (task) environment stakeholders - Answer✔✔-Customers,

suppliers, competitors, regulators, investors, owners

Competitive advantage - Answer✔✔-A core competency that sets an organization

apart from competitors and gives it an advantage over them

Examples of competitive advantages - Answer✔✔-Cost efficiency, higher quality,

better delivery, greater flexibility




1/13

, EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024
Line managers - Answer✔✔-Responsible for work activities that directly affect

organizations outputs

Staff managers - Answer✔✔-Use technical expertise to advise and support the efforts

of line workers

Functional managers - Answer✔✔-Responsible for a single area of activity

General managers - Answer✔✔-Responsible for more complex units that include

many functional areas

Administators - Answer✔✔-Work in public and non profit organizations

Accountibility - Answer✔✔-Requirement of one person to answer to a higher authority

for relevant performance results

Quality of work life (QWL) - Answer✔✔-An indicator of overall quality of human

experiences in the workplace

Quality of work life examples - Answer✔✔-Fair pay, safe working conditions,

opportunities to learn and use new skills, room to grow and progress in a career,

protection of individual rights, pride in work and the organization

Four functions of management - Answer✔✔-Planning, organizing, leading, controlling

Planning - Answer✔✔-Setting performance objectives and deciding how to achieve

them

Organizing - Answer✔✔-Arranging tasks, people, and other resources to accomplish

the work



2/13

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 EmillyCharlotte. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82871 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart