Radical rethinking - Study guides, Class notes & Summaries

Organizational Innovation the successful implementation of creative ideas in organizations Intrapreneurship when entrepreneurial ideas are created inside an existing company Creativity the production of novel and useful ideas Organizational Change a difference in the form, quality, or condition of an organization over time Technology Cycle begins with the birth of a new technology and ends when that technology reaches its limits and is replaced by a newer substantially better technology...

MGHB12 Midterm terms Questions and Answers human resources management (HRM) The process of managing human talent to achieve an organization's objectives human capital The knowledge, skills, and capabilities of individuals that have economic value to an organization Six Sigma A set of principles and practices whose core ideas include understanding customer needs, doing things right the first time, and striving for continuous improvement Reengineering The fundamental ret...

ISDS 3001 Final Exam Questions All with Correct Answers When categorizing eCommerce initiatives by company structure, which category does Walmart fall into? - Answer-Bricks and Clicks When discussing the impacts of the Internet, we observe that marketplaces like Amazon or Alibaba are edging out the middlemen. We referred to this opportunity of digitalization as: - Answer-Disintermediation What is the revenue model of a firm that initially gives away its product or service for free and l...

SPHR Study Material Exam 136 Questions with Verified Answers Effectiveness - CORRECT ANSWER measures the extent to which objectives are achieved Correlational Study - CORRECT ANSWER is a study that measures and correlates the relationship between several processes in an organization; cannot be used to measure a single internal process ROI, Cost Benefit Analysis, Break Even Analysis - CORRECT ANSWER are techniques that measures the effectiveness and efficiency of a single process Hy...

- Aligns organizational goals with individual goals and organizational processes - Gives employees clear goals and feedback - Generates useful data - answer-Three Main Benefits of Performance Management - Company performance - Reduced merit increases - Reductions in head count - Reduced benefits - Pay freezes - answer-Most common way employers fund variable pay programs - Conduct a Needs Assessment - Develop Learning Objectives - Design the Training Program - Implement the Trainin...

Human Resources Management Final Exam Study Guide Review from Exam 1: CH. 1: The HRM Challenge 1.Corporate social responsibility: the responsibility of the firm to act in the best interests of the people and communities affected by its activities 2.Downsizing: planned elimination of jobs 3.Globalization: the trend toward opening up foreign markets to international trade and investment 4.Human capital: the knowledge, skills and capabilities of individuals that have economic value to an organizati...

CCM EXAM 300 Questions with Verified Answers ACO - CORRECT ANSWER An acronym for Accountable Care Organization Actuary - CORRECT ANSWER A person in the insurance field who decides insurance policy rates and reserves dividends, as well as conducts various other statistical analyses Parternship for Health ACT 1966 - CORRECT ANSWER recognized health promotion and illness prevention as a " State of complete physical, mental, social well being Assessment tool and diagnostic tests - CORRE...

OPMA 317 Final Exam Latest Update Graded A bullwhip effect a distribution channel phenomenon in which forecasts yield supply chain inefficiencies. It refers to increasing swings in inventory in response to shifts in customer demand as you move further up the supply chain vendor managed inventory A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor's inventory levels. The manufacturer has access to the distributor's inventory d...

What is strategy? - ANSWER Strategy "A course of action, including the specification of resources required, to achieve a specific objective." CIMA: Official Terminology Levels of strategy - Johnson and Scholes - ANSWER Corporate strategy (Where) Business Strategy (How) Functional Strategy (Who) Arguments in favour of a strategic approach - ANSWER * Strategy helps minimise risk * Avoids short-term behaviour * Improves stakeholder perceptions * Encourages environmental analysis e.g...

MAC3703 EXAM PACK 2022. Recommend strategies that the project manager could use to manage the different stakeholders’ expectations should conflict arise Should conflicts arise between stakeholders, this may be resolved by: S - The study-notes marketplace Downloaded by: LuthandoPetros | Distribution of this document is illegal S - The study-notes marketplace MAC 3703 PREPARED BY : MUNYA • Negotiation. The parties discuss the issue with the view to finding mutually acceptable solut...