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GMS 200 Final Exam Study Guide Solutions

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GMS 200 Final Exam Study Guide Solutions Intellectual Capital - ANSWER-The shared knowledge of a workforce Globalization - ANSWER-The tedency of businesses and technologies to spread throughout the world Shamrock 3 Leaves - ANSWER-The 3 leaves of almost each and every organization are full ti...

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  • November 19, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
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GMS 200 Final Exam Study Guide
Solutions

Intellectual Capital - ANSWER✔✔-The shared knowledge of a workforce


Globalization - ANSWER✔✔-The tedency of businesses and technologies to spread

throughout the world


Shamrock 3 Leaves - ANSWER✔✔-The 3 leaves of almost each and every organization

are full time workers, contract workers and aprs-time workers


Portfolio Worker - ANSWER✔✔-Someone who has up-to-date skills so they can move

from job to job


Productivity - ANSWER✔✔-The quantity and quality go work performance


Performance Effectiveness - ANSWER✔✔-The output measure of goal accomplishment


Performance Efficiency - ANSWER✔✔-An input measure of resource cost associated

with goal accomplishment


Sustainable Innovation - ANSWER✔✔-When a business creates new products and

production methods that have reduced environmental impacts




Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 1/15

, Specific Environment - ANSWER✔✔-Also called task environment, consists of the

actual organizations, committees, groups and persons with whom a business interacts

with and conducts business with


Value Creation - ANSWER✔✔-The creation for value for satisfying needs for

stakeholders


Strategic Positioning - ANSWER✔✔-Helping an organization do same things as other

business but in different ways


Environmental Uncertainty - ANSWER✔✔-A lack of information for the external

environment of a business or an organization


Manager - ANSWER✔✔-A person who supports, activates and is responsible for the

work of others


Top Manager - ANSWER✔✔-Guide the performance of the organization as a whole


Middle Manager - ANSWER✔✔-These are the managers who report to the top

managers who are in charge of large divisions


Line Manager - ANSWER✔✔-Directly contribute to producing the organizations goods

or services


Staff Manager - ANSWER✔✔-Use special technical expertise to advise and support line

workers


Functional Managers - ANSWER✔✔-Are responsible for one area
Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 2/15

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