Mgt 300 - Study guides, Class notes & Summaries

MGT 300 Exam 1 (Chapters 1, 2, 3 & 4) Latest Version Graded A+ 6 Parts of the Management Process 1. Input 2. Planning 3. Organizing 4. Leading 5. Controlling 6. Output Controlling the process of determining the ways and means of following-up to ensure that actual performance is leading to goal attainment. Output Efficient & effective performance, Products and/or services desired by customers Leading refers to utilizing influence to motivate employees to achieve goals. Org...

MGT 300 Neck Final Exam Latest Update Graded A+ Older people get, the ___ willing they are to show their creativity less Jesse Jackson "Both tears and sweat are salty, but they render a different result. Tears will get you sympathy; sweat will get you change." % of people who will adopt to changes differently (5) 2%: innovators 14%: early adopters 34%: early majority 34%: late majority 16%: laggards Define creativity Thinking up new ideas/things Define innovation Process...

MGT 300 ASU Neck Exam 4 with Complete Solutions Anchoring and adjustment heuristic A process whereby people base their decisions on the first piece of information they are given without taking other probabilities into account Availability heuristic A rule of thumb for making judgments on examples and events that immediately spring to mind Bounded rationality The idea that we are restricted by a variety of constraints when making decisions Common-information bias The inclination...

MGT 300 Exam 1 Latest Update Graded A+ four functions of management planning, organizing, leading, controlling determining organizational goals and a means for achieving them planning deciding where decisions will be made, who will do what jobs and tasks, and who will work for whom in the company organizing inspiring and motivating workers to work hard to achieve organizational goals leading monitoring progress toward goal achievement and taking corrective action when needed ...

MGT 300 Exam 2 Latest Update 100% Correct Ethics The moral principles, values, and beliefs that govern group or individual behavior according to what is right or wrong and what contributes to the balanced good of all stakeholders Ethical Dilemma A situation in which no choice is entirely right Preconventional Stage An individual's moral decisions is based primarily on self-protection or self-interest Does things based on rewards/punishment Conventional Stage An individual's...

MGT 300 EXAM 2 LATEST VERSION 100% SOLVED decision making the process by which managers respond to opportunities and threats by analyzing options and making determinations about specific organizational goals and course of action. The essence of management. programmed decision making Routine, virtually automatic decision making that follows established rules or guidelines. non programmed decision making non-routine decision making that occurs in response to unusual, unpredictable ...

MGT 300 Final Exam | Questions and Answers The management approach of _____ was one of the first to recognize that enriching the lives of organizational and community family was just as important as a company making a profit? Spaulding What three individuals helped pioneer administrative management theory? Spaulding, Weber, Fayol According to Henri Fayol, the major functions of management are: leading controlling organizing planning As a pioneer of administrative management, Max Weber contende...

MGT 300 Neck - Exam 4 Questions and Answers Rated A+ Describe a leader Those who are able to influence others and posess managerial authority Name 4 types of leaders Directive Transactional Transformational Empowering What kind of leader provides specific, task focused directions, giving commands, assigning goals, has close supervision & constant follow up? (people follow because they are afraid) Directive What style of leadership focuses on the creation of reward contingenci...

Leading correct answers _____ involves encouraging all employees to perform at a high level to help the organization achieve its vision and goals. Competitive advantage correct answers The four building blocks of _____ are superior efficiency; quality; speed, flexibility, and innovation; and responsiveness to customers. True correct answers An organization's resources include assets such as people and their skills, know-how, and experience. True correct answers Management teaches peopl...

MGT 300 EXAM 2 QUESTION BANK ARIZONA STATE UNI