Mgt 100 - Study guides, Class notes & Summaries

MGT 103 Final Exam; Questions and Answers 100% Pass Relish Inc. is a large corporation in the food industry that manufactures canned foods, confectionery, and baked foods. The organization has a separate department for each of these types of food manufactured. Each department integrates all the activities required to manage its respective line of food. Which of the following types of departmentalization is illustrated in the scenario? A) Sequential B) Customer C) Product D) Locati...

MGT 103 Exam Prep (Demill) – Questions & Correct Solutions (100%)

MGT 103 Final Exam; Questions and Answers 100% Pass What does value in pricing emphasize? A) Features B) Benefits C) Costs D) Discounts Correct answer-Benefits Which of the following is NOT one of the Seven Ps of Services Marketing? A) Product (Service) B) Branding C) Price D) Place (Distribution) Correct answer-Branding

MGT 103 Exam; Questions and Answers 100% Pass Which of the following is an example of a good leader in the context of business? A. A person who relies on force to lead people B. A person who disobeys authority C. A person who is a dictator D. A person who can influence others E. A person who is efficent and does not delegate his or her duties Correct answer-D

MGT 103 Exam 1;Questions and Answers 100% Pass What state in today's United States has had 6 different country flags fly over it? Correct answer-Spain France Mexico The Republic of Texas United States of America Confederate States of America Tag line: Minnesota Texas UCSD Correct answer-We like it here Dont mess with Texas Break Things Bette

MGT 103 Final Bates; Questions and Answers 100% Pass price Correct answer-money or other considerations exchanged for the ownership or use of a product or service barter Correct answer-practice of exchaning products and service for other products or services rather than for money price equation Correct answer-list price -incentives and allowances + extra fees value Correct answer-ratio of perceived benefits to price perceived benefits/price

MGT 103 Exam; Questions and Answers 100% Pass 1.As a process, leadership can be defined as: A. the practice of empowering employees to participate in organizational decision making. B. the set of characteristics attributed to individuals who are perceived to be leaders. C. the use of noncoercive influence to shape an organization's goals. D. the ability to assess business process performance. E. the ability to adjust to and understand the changes in a workplace. Correct answer-C

MGT 103 Exam; Questions and Answers 100% Pass Steve has been tasked with the job of outlining decisions about resource allocation, priorities, and action steps that are necessary to reach one of his company's strategic goals. What is Steve developing? A. strategic plan B. operational plan C. strategic mission D. tactical plan Correct answer-A