Mba704 exam 1 - Study guides, Class notes & Summaries

MBA704 Exam 1 Exam Questions Correct Answers Current Update (A+ Pass) What are three challenges facing management? - Answers - o View employees as assets rather than costs o Make employees feel valued o Recognize and appreciate the importance of human resources Not only recognize and appreciate the importance of human resources but also use recent history as a catalyst for change in the understanding and management of human resources - Answers - Paradigm shift What are the three manag...

MBA704 Exam 1 Questions And Answers Employees are complex, and theoretical understanding supported by research is needed before applications are made to manage employees organizational behavior approach status of OB to real world management: only ____ of organizations buy into importance and value of human resources, incorporate high performance work practices, and stick with these practices 1/8 The gap between managers knowing the value of the human factor and strategies to improve pe...

MBA704 Exam 2 Questions with All Correct Answers What are the key attributes of virtual organization - Answer- 1. Technology—informational networks to increase connections 2. Opportunism—less permanent, less formal partnerships 3. No borders—more cooperation among competitors & suppliers 4. Trust—more dependence on other companies 5. Excellence--core competency from all leading to best overall company Shared norms and values that guide employee behavior - Answer- organizatio...

MBA704 Exam 2 Questions Correct Answers (Verified Pass) 1. Formal organization—system of coordinated activities of 2 or more 2. Believed that authority should come from the bottom up 3. Put emphasis on importance of human element in organization - Answers - chester barnard (organization theory - historical and modern theoretical foundations) System made up of interacting parts from external environment - Answers - open-systems (organization theory - historical and modern theoretical ...