Mgt full - Study guides, Class notes & Summaries

MGT 439 STUDY GUIDE TEST. A company's competitive strategy is an effort to do which of the following? - CORRECT ANSWER achieve competitive advantage ward off competitors please customers In gaining a cost advantage over competitors, a low-cost provider must offer - CORRECT ANSWER services and features that buyers think are essential. Attempts to use low-cost advantage to attack rival companies with lower product prices can result in which of the following? - CORRECT ANSWER reduced ...

Revenue management, sometimes called yield management, is a set of revenue maximization strategies and tactics that: - ANSWER-can be used to increase profitability When the American Airlines CEO developed yield management, what type of information was crucial to its success? - ANSWER-Forecasting Which of the following statements about hotel revenue management is FALSE? - ANSWER-Revenue mgt. is new, as are all the strategies that are employed to maximize profit Which of the following is ...

Chapter 3 Business Continuity Planning Practice Exam Questions.Business Continuity Planning (BCP) - correct answer involves assessing the risks to the organization processes and creating policies, plans, and procedures to minimize impact Business continuity - correct answer are typically strategic and high level and focus on business process an operation Disaster recovery - correct answer are technical and describe technical activities such as recovery sites, backup, and fault tolerance ...

MGT 4441 Mid-Term Exam #2 Questions & Answers (Module 4 - 9) 49 / 50 - 98 %| 2024 Update MGT 4441 Mid-Term Exam #2 Questions & Answers (Module 4 - 9) 49 / 50 - 98 %| 2024 Update 1. A "seniority system" within a company is a set of rules governing the allocation of economic benefits and opportunities on the basis of . 2. A 10 percent three-year wage increase is provided as a 2 percent increase in the first year, 3 percent in the second year, and 5 percent in the third year. This is an e...

MGT 4441 Mid-Term Exam #2 Questions & Answers (Module 4 - 9) 49 / 50 - 98 %| 2024 Update MGT 4441 Mid-Term Exam #2 Questions & Answers (Module 4 - 9) 49 / 50 - 98 %| 2024 Update 1. A "seniority system" within a company is a set of rules governing the allocation of economic benefits and opportunities on the basis of . 2. A 10 percent three-year wage increase is provided as a 2 percent increase in the first year, 3 percent in the second year, and 5 percent in the third year. This is an e...

WV LICENSING Exam Questions with correct Answers Construction projects are defined by which three factors? - ANS ️️ 1. Scope 2. Budget 3. Schedule In a traditional design/bid/build (D/B/B) project, a project's life cycle will begin with what? - ANS ️️ D/B/B BEGINS WITH THE INITIATION OF PLANNING AND DESIGN What are the major duties of Construction Manager? - ANS ️️ CONSTRUCTION MGR (CM) AKA CONSTRUCTION PROJECT MANAGER (CPM) : PLANS - DIRECTS - BUDGETS - MANAGES PROJECT C...

MGT 415 Midterm Exam Review. Full Coverage. Rated A+ Types of Kinesics - • Facial • Gestural • Postural • Oculesics Paralingustics - All aspects of spoken language except the words themselves; include rate, volume, pitch, and stress Proxemics - The study or the use of space in interpersonal relations. Haptics - The study of the communicative function of touch Etiquette in Daily Rituals - Nonbehavior - e.g. Silence in Finland but awkward in the U.S. Initial Cond...

b - correct answer Management is the process of a. maintaining the status quo. b. planning, organizing and staffing, leading, and controlling. c. keeping labor from taking over. d. facilitating groups. d - correct answer Crafting a strategic vision is typically the responsibility of a a. first-level manager. b. middle-level manager. c. staff professional. d. top-level manager. c - correct answer Three roles or activities within entrepreneurial work that arouse passion do NOT inclu...

MGT 415 Final Exam Review. Full Coverage. Rated A+ Great Man / Trait Theory - --belief leaders are born not made -certain traits differentiate leaders -little evidence to support -leaders can have different qualities -BigFive -personality traits help us show who could emerge as a leader -traits alone cannot explain effective leadership Contingency Theory / Situational Theory - --inconsistencies in research -determine what makes leaders effective -not a lot of flexibility in s...

Hotel Revenue Management Chapters 1-6 with 100% Correct Answers | Verified | Latest Update 2024 Revenue management, sometimes called yield management, is a set of revenue maximization strategies and tactics that: - can be used to increase profitability When the American Airlines CEO developed yield management, what type of information was crucial to its success? - Forecasting Which of the following statements about hotel revenue management is FALSE? - Revenue mgt. is new, as are all the strat...