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MAN 320F EXAM 1 AROIAN ACTUAL Questions and CORRECT Answers

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  • Course
  • MAN 320F
  • Institution
  • MAN 320F

MAN 320F EXAM 1 AROIAN ACTUAL Questions and CORRECT Answers Fundamental laws of business - CORRECT ANSWER- 1) It always takes longer than you scheduled! 2) It always costs more than you budgeted! 3) When placed in difficult situation, people will take the path of least resistance What do ma...

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  • October 11, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MAN 320F
  • MAN 320F
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MGRADES
MAN 320F EXAM 1 AROIAN ACTUAL
Questions and CORRECT Answers
Fundamental laws of business - CORRECT ANSWER- ✔✔1) It always takes longer than you
scheduled!
2) It always costs more than you budgeted!
3) When placed in difficult situation, people will take the path of least resistance


What do managers do? - CORRECT ANSWER- ✔✔Ensure that the organization achieves its
goals and objectives


Successful manager - CORRECT ANSWER- ✔✔good at getting the job done, moves up the
corporate ladder, spend 48% of their time networking


Effective manager - CORRECT ANSWER- ✔✔getting people to work together to meet the
goals, is great at "getting the job done," spend 44% of their time communicating


the meaning of life - CORRECT ANSWER- ✔✔money



organizational behavior - CORRECT ANSWER- ✔✔the systematic study of the actions and
attitudes that people exhibit within organizations


successful organization - CORRECT ANSWER- ✔✔• The right balance of management and
leadership to ensure that the organization achieves its goals and objectives.


determinants of employee performance - CORRECT ANSWER- ✔✔• Productivity
• Absenteeism
• Turnover
• Job satisfaction
• ...only really care about making $$

, challenges/opportunities we face in building company - CORRECT ANSWER- ✔✔• The
typical employee is getting older
• More women in the workplace
• More minorities in the workplace
• The world is flat - competitively (globalization)
• Historical loyalty-bonds between employees and employers are being severed
• Globalization


how to manage diversity - CORRECT ANSWER- ✔✔respond to those differences in ways
that ensure employee retention and greater productivity while, at the same time, not
discriminating


the cost of fraud - CORRECT ANSWER- ✔✔Over 200 billion for 40 of the top 100 fortune
companies


personality - CORRECT ANSWER- ✔✔a relatively stable set of characteristics that
influences an individual's behavior, The way in which an individual reacts and interacts with
others, often described in terms of traits


big 5 model of personalities - CORRECT ANSWER- ✔✔extroversion, agreeableness,
conscientiousness, emotional stability, openness to experience


locus of control - CORRECT ANSWER- ✔✔belief that life is controlled by oneself vs
external forces


Machiavellianism - CORRECT ANSWER- ✔✔tendency to manipulate and maintain
emotional distance


self-monitoring - CORRECT ANSWER- ✔✔sensitive to external cues to behave differently



risk propensity - CORRECT ANSWER- ✔✔willingness to take chances. ex Donald Trump

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