Cob exam 1 - Study guides, Class notes & Summaries

COB 487 Exam 1: Review Questions and answers, graded A+ What is Strategic Management? - -examines how actions and events involving top executives, firms, and industries influence a firm's success or failure. - mastering strategy is therefore part art and part science Defining Strategy: The Five Ps described by Henry Mintzberg - -It can be viewed as a: - plan - ploy - position - pattern - perspective Plan - -a carefully crafted set of steps that a firm intends to follow in order to ...

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data Correct Answer-values assigned to measurements primary data Correct Answer-adv: collected and orgainzed by user dis: expensive and time consuming secondary data Correct Answer-adv: readily available dis: no control over organization and accuracy nominal data Correct Answer--arbitrary labels -no ranking -name/label ordinal data Correct Answer--ranking exists -no measurable meaning to numerical differences -order/choices interval data Correct Answer--

COB 487 Exam 1 Questions with Correct Answers What is a normative argument? - Answer-It is about what ought to be done according to a someone's value position. Stakeholders interests are... - Answer-Joint Who are typically considered primary stakeholders? - Answer-Employees, customers, suppliers, communities, and shareholders. Who originally developed stakeholder theory? - Answer-Ed Freeman According to stakeholder theory, how can trade-offs be resolved? - Answer-By leveraging ima...

COB Operations - Ch 1 EXAM LATEST REAL QUESTIONS AND CORRECT ANSWERS WITH RATIONALES|ALREDY GRADED A+ NOT part of the role of OPERATIONS in a business - ANSWER- promote org's goods or service (marketing) secure financial resources for projects (finance) ops = - produce goods and/or services - match supply with demand Goods vs services - ANSWER- goods = physical objects services = activities Three basic functional areas - ANSWER- finance marketing operations Supply chain defini...

COB 204 Exam Questions with Revised Answers 4 Phases of project management tasks and data - Answer-1. Starting: set team authority, set project scope and initial budget, form term, establish roles and responsibilities, rules 2. Planning: determine tasks and dependencies, assign tasks, determine schedule, revise budget 3. Doing: perform project tasks, manage tasks and budget, solve problems, reschedule tasks, document and report progress 4. Finalizing: determine completion, prepare archival...

COB Exam 1

COB 202 Exam 1 Review Questions and answers, rated A+ Organizational Behavior - -the study of human behavior in organizations Independent Variable - -presumed causes Dependent Variable - -outcomes of practical value and interest Contingency Thinking - -recognizing the behavior and practices that must be tailored to fit the exact nature of each situation Evidence-Based Management - -making decisions on hard facts Stakeholders - -People, groups, and institutions that are affected by and ...

Moore's Law Correct Answer-the number of transistors per square inch on a chip doubles every 18 months Abstract Reasoning Correct Answer-the ability to make and manipulate models Collaboration Correct Answer-activity of two or more people working together to achive a common goal Systems Thinking Correct Answer-ability to model the components of the system Experimentation Correct Answer-making areasoned analysis of an oportunity, developing most promising solutions based on your reso...