MGT 103 Final Questions And Answers
Management Who sets the direction for visionary organizations?
Marketing Who formulates strategies for visionary organizations?
Sales Who executes strategies in visionary organizations?
Company Culture The "fabric", "essence", "heartbeat", or "genetic code" o...
Management Who sets the direction for visionary organizations?
Marketing Who formulates strategies for visionary organizations?
Sales Who executes strategies in visionary organizations?
Company Culture The "fabric", "essence", "heartbeat", or "genetic code" of a company
Revenue - COGS = Profit Profit Equation
Specific, Measurable, Attainable, Relevant, Time-Based goal What does SMART stand
for?
Strengths, Weaknesses, Opportunities, Threats Analysis What does SWOT stand for?
Situation Analysis What type of analysis is SWOT?
, MGT 103 Final Questions And Answers
Build on Strength, Correct/Neutralize a Weakness, Exploit an Opportunity, Avoid a disaster-
laden Threat What to do with each letter in SWOT analysis?
Strengths and Weaknesses What parts of SWOT are internal?
Opportunities and Threats What parts of SWOT are external?
Market Capitalization = stock price * number of outstanding shares What is the equation
for Market Cap?
Colorado What state(s) in the US has the best health?
Mississippi/West Virginia What state(s) in the US has the worst health?
Barriers to Entry Business practices or conditions that make it difficult for new firms to
enter the market
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