Mqm exam 2 - Study guides, Class notes & Summaries

MQM 227 Exam 2 - Seifert ...

mqm 220 exam 2 Question and answer correctly solvedDecentralization is __________. - correct answer the degree to which lower-level employees provide input or actually make decisions __________ entitles a manager to direct the work of an employee. - correct answer Line authority is the degree to which decision making is concentrated at upper levels of the organization. - correct answer Centralization __________ is the production of items in large batches. - correct answer Mass p...

MQM 220 Final Exam Question and answers already passed Definition of a manager. How do managers differ from nonmagerial employees?(1) - correct answer Manager - Someone who coordinates and oversees the work of other people so organizational goals can be accomplished Classification of managers by level. Along with Katz's essential skills. - correct answer 1. First - line managers 2. Middle Managers 3. Top Managers Katz's essential skills - Technical skills - for lower managers Huma...

MQM 220 Exam 2 Question and answers verified to passsupply side economies of scale - correct answer arise when a firm manufactures products in high volumes -large volume generally results in a much lower production cost barriers to entry - correct answer obstacles a firm may face while trying to enter a market or an industry rivalry among existing competitors - correct answer most intense when industry products/services lack differentiation or switching costs -fixed costs are high ...

MQM 220 EXAM Question and answers verified to pass Importance of HRM - correct answer 1. Can be significant source of competitive advantage 2. A important part of organizational strategies 3. The way organizations treat their people can significantly impact performance % of workers who would leave their jobs bc of benefits package - correct answer 71% How Organizations Determine Employee Compensation - correct answer Reflects changing nature of work and the workplace in order to k...

MQM 220 Exam 1 Question and answers 100% correct Definition of a manager vs management. How do managers differ from nonmanagerial employees? - correct answer Management - involves coordinating and overseeing the work activities of others so their activities are completed efficiently and effectively. managers - take charge to lead a group Non-managerial -work under manager, completing tasks assigned to them Classifications of managers by level. Along with Katz's essential skills a...

1. Which of the following statements is incorrect? a. Process-flow analysis is about viewing and analyzing the transformation process as a sequence of steps connecting inputs to outputs. b. A system is a collection of unrelated elements. c. The flowchart is an essential tool to facilitate process-flow analysis. d. An oval is the shape used to denote the "start" and the "end" of the flowchart. - ANS b. A system is a collection of unrelated elements. 2. Which of the following...