Mgt exam 1 - Study guides, Class notes & Summaries

MGT 300 Exam 1 –UA Exam Review Questions and answers, graded A+/ verified. 6. ____ is the active oversight by boards of directors of top management decisions in such areas as corporate strategy and financial reporting. a. Value chain analysis b. Productivity c. Outsourcing d. Corporate governance - -d. Corporate governance A business owner makes a decision to reduce a plant's workforce by 10% to cut costs and save jobs for the other 90% of employees. This decision could be justifi...

MGT 300 Exam 1 Review Questions and answers, graded A+/ verified. 3 types of managerial roles - -1. Interpersonal 2. Informational 3. Decisional 4 approaches to resolving ethical dilemmas - -1. Utilitarian approach: guided by what will result in the greatest good for the greater number of people 2. Individual approach: guided by what will result in the individuals best long-term interest, which ultimatley is in everyones self-interest 3. Moral rights approach: guided by respect for t...

MGT 300 exam 1 Review Questions and answers, graded A+/ verified. d What management theory emphasizes the importance of adapting management practices to fit the unique characteristics of each situation? A. Human Relations Theory B. Scientific Management C. Classical Management D. Contingency Theory E. Behavioral Management a Which is an example of the Hawthorne Effect? A. A group of employees improves their productivity when they learn that a manager is conducting an unannounced pe...

MGT 300 Exam 1 Study Guide (Williams UA) Question and answers already solved 2023

MGT 300 Exam 1 ASU Neck Questions and answers, graded A+/ verified. ________ is a strategy that determines how a business will compete in a particular industry or market - -Divisional Strategy 2 main competing forces at play that influence change (Force Field analysis). Conduct FF to assess need for change and potential obstacles you might need to overcome before change is made. - -Driving forces- provide motivation towards achieving goal Restraining forces- change impede the progress ...

MGT 300 Exam 1 Study Guide (Williams UA) Questions and answers, rated A+/ verified The Art of Management - -the pursuit of organizational goals efficiently and effectively, integrating the work of people; planning, organizing, leading, and controlling the organization's resources Efficiency - -use resources (people, money, raw materials, and the like) wisely and cost effectively Effectiveness - -to achieve results, to make the right decisions and to successfully carry them out so that t...

Costs of Losing Human Capital (Turnover) Answer 1. Loss of skills/experience 2. Drop in efficiency/learning curve 3. Unstable Environment 4. Selection 5. Training 6. Bad Reputation 7. Loss of Knowledge to Competitors 8. Customer Satisfaction Issues 9. Financial Results Why be on the top 100 list? Answer 1. Retention 2. Employer of Choice 3. Good Reputation 4. Customer/Supplier Confidence Employee Value Proposisition Answer What the employee provides to attract and retain employe...

MGT 300 Exam 1 (Chapters 1, 2, 3 & 4) Questions and answers, graded A+/ verified. 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 employ...

CMGT 410 - WEEK 5 - Apply: Post-Test EXAM 100+ QUESTIONS AND COMPLETE SOLUTIONS 2023. CMGT 410 - Wk 5 - Apply: Post-Test 1. All of the following are included in an Agile project charter, except for which one? a) Detailed project scope b) Expected ROI c) Signature and date d) Project goals and objectives: a) Detailed project scope 2. Agile team members have identified a risk in a project and are not able to resolve it due to lack of expertise. You, as a Agile project manager, decided to contract ...

MGT-420 Exam 1 With 100% Correct Answers 2023