Mgmt 309 exam 1 Study guides, Class notes & Summaries

TAMU MGMT 309 Exam 4 (Wesner) Graded A+ Key Concepts in Management Psychology Psychological Contract - Definition: The expectations held by an individual regarding their contributions to the organization and what the organization will reciprocate. Contributions and Inducements - Contributions: What individuals provide to the organization (e.g., effort, ability, loyalty, skills, time, competencies). - Inducements: What the organization offers in return (e.g., rewards, recognition, benef...

MGMT 309 Exam 3 TAMU Already Graded A Interpersonal Dynamics - Positive Interpersonal Dynamics: - Characterized by mutual respect, affection, and enjoyment in interactions. - Negative Interpersonal Dynamics: - Marked by dislike, lack of respect, and unpleasant interactions. - Outcomes of Interpersonal Behaviors: - Satisfaction of social needs. - Provision of social support. - Creation of organizational synergy. - Potential source of conflict (can be situational or relational). Communicati...

MGMT 309 Exam 2- Wesner Graded A+ Decision Making - Definition: The cornerstone of planning and a catalyst for the planning process; it underlies the formulation and implementation of all plans. Planning - Context: Occurs within the environmental context, guided by the organization’s mission, which includes: - Purpose - Premises - Values - Directions Hierarchy of Goals and Plans - Hierarchy: - Strategic Goals → Strategic Plans → Tactical Goals → Tactical Plans → Operational ...

MGMT 309 Exam 2 TAMU All Answers Graded A+ Decision Making - Definition: Choosing from alternatives. - Importance: - Cornerstone of the planning process. - Catalyst that drives planning. - Underpins every aspect of goal setting and plan formulation. Planning - Definition: The method of achieving organizational goals. - Characteristics: - Every organization engages in planning, but the approach varies. - Plans exist within an environmental context. - Goals require corresponding plans for achi...

MGMT 309 Exam 2 - Questions and Answers Scope Specifies the range of markets in which an organization will compete Resource Deployment How a firm distributes its resources across the areas in which it competes Levels of Strategy Business-level strategy Corporate-level strategy Business-level Strategy The set of strategic alternatives from which an organization chooses as it conducts business in a particular industry or market Corporate-level Strategy The set of strategic alternatives from which...

MGMT 309 Final Exam - Questions and Answers Corporate-Level Strategies Set of strategic alternatives organization chooses from while it manages operations simultaneously across several industries or markets. Diversification Strategy Part of Corporate-Level Strategies and refers to the number of businesses an organization engages in and extent of relatedness in businesses A. Single- Product Strategy: Only having one product and sells in one geographic market B. Related Diversification: Organiz...

MGMT 309 Exam 1 TAMU Wesner Verified A+ Organization - Definition: A group of people working together in a structured and coordinated way to achieve a common goal. Managerial Sub-Parts - Types of Resources Managed: - Human resources - Financial resources - Physical resources - Information resources Starting a Company - Example: Brad and Cara have a new software company. (Specific answer not provided, but presumably involves steps such as market research, business planning, financing, e...

MGMT 309 Exam 3 Wesner Focus of Technostructural Activities - Definition: A subcategory of Organizational Development focused on the design and technology of the organization, and how these elements interact with employees on the job. - Key Elements: - Structural Change: Involves decentralization and job design changes. - Technological Change: Modifications in workflow. - Semantics: Differences in meaning of words among individuals can impact communication. Job Specialization - Definition:...