Mgmt 311 - Study guides, Class notes & Summaries

Legal Remedies? 3 Types of Damages? Legal Remedies: fix problem with money 1. Compensatory Damages: restore party to way it was before legal issue - "Money Damages" 2. Punitive/Exemplary Damages: punish, in addition to compensatory 3. Nominal: small amount to recognize violation occured Remedies from King's Court Legal Remedies General vs. Special Damages Types of Compensatory Damages Special: quantifiable - time, money, property damages General: subjective - pain, reput...

MGMT 311 Questions And Answers With Verified Solutions

MGMT 311 Exam 1 UO Questions And Answers 2023/2024 Solutions

MGMT 311 Exam 1 Questions And Answers With Verified Solutions

MGMT 311 Practice Exam - Questions and Answers Which of the following is the most used organizational design? Functional structure _____________ structures are, in effect, many functional departments grouped under a division head. Divisional Structure Which of the following is NOT an advantage of a divisional structure? Cost savings, greater access to a diverse labor force not encumbered by 8-hour workdays, and less harmful effects on the environment. Which of the following is NOT an element o...

Agent A person who agrees to represent or act on behalf of another Principal The person whom the agent represents or acts on behalf of Fiduciary A person having a special duty created by his agreeing to act for the benefit of another Fiduciary Relationship One that involves trust and confidence Employer-Employee Relationships Has responsibility over agent - Employees who deal with public are agents Employer-Independent Contractor Relationship A builder

MGMT 311 Exam 1 UO Quizzes & Ans.

TAMU MGMT 311 Chapter 1 Review Questions Multiple Choice With Questions And Answers

Leadership - ANS The use of power and influence to direct the activities of followers toward goal achievement. Power - ANS The ability to influence the behavior of others and resist unwanted influence in return Legitimate power - ANS A form of organizational power based on authority or position. Reward power - ANS A form of organizational power based on the control of resources or benefits. Expert power - ANS A form of organizational power...

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