Mgmt 351 test 3 - Study guides, Class notes & Summaries

MGMT 351 Test 3 | Questions with Verified Answers Which of these lists represents the drivers of globalization? International trade pacts and technology The country in which the parent organization is headquartered is known as the ______. home country The country in which an organization operates a facility or conducts other business activities is known as the ______. host country Expatriates are defined as ______. employees assigned to work in another country Employees from a country other t...

MGMT 351 Test 6 | Questions with Verified Answers Leadership is defined as ______. the use of power or influence to engage followers in a full range of activities that serve to accomplish the leader's vision and goals for the work unit (a team, department, or business unit) or organization One of the main differences between management and leadership is that management values ______, while leadership is more concerned with ______. stability; growth The ability to influence others and to re...

MGMT 351 Test 7 | Questions and Answers A team is defined as ______. two or more people who work interdependently to achieve goals related to a common purpose Which of the following accurately lists the four dimensions used to describe team attributes? Temporal stability, authority differentiation, skill differentiation, virtual presence The degree to which a team has a history and a future and consistent membership over time is known as ______. temporal stability Traditional work teams are d...

MGMT 351 Test 4 | Questions and Answers ________ making is the process of making a choice or selecting a course of action to address a specific problem. decision making With ______ decision making, the responsibility for weighing the information and making a final decision is yours Individual Consensus in decision making is the degree ______. to which members of a team generally agree with the team's choice Acceptability in decision making is the degree ______. to which a decision is likel...

MGMT 351 Test 8 | Questions and Answers Organizational control is defined as ______. monitoring performance to compare actual results with desired targets and making any necessary improvements Management by objectives is defined as a ______. management model to improve performance by setting clearly defined objectives to which management and employees agree Which of the following are the criteria needed for goals to be effective? Specific, measurable, time bound, challenging but realistic, wr...

MGMT 351 Test 2 | Questions with 100% Correct Answers Which of these is one of the general demographic trends in the United States? Population growth of more than 50 million people between 2000 and 2020 Select all of the demographic trends in the United States related to sex. (Select all that apply.) More women holding positions of responsibility in organizations than in previous years Women graduating from college at a higher rate than men Which of these is one of the demographic trends in t...

MGMT 351 Test 1 | Questions and Answers Manager's Job to maximize the organizations performance by leading and motivating subordinates toward attaining the organization's goals. in the process the manager should get employees to work together and use their abilities effectively for the firm Manager's Responsibility to accomplish his or her job in an ethical fashion Organizational performance as a managerial factor relates to ______. correctly setting and attaining organizational goal...

MGMT 351 Test 5 | Questions with 100% Correct Answers Strategic decisions require integration, because they must ______. align with other decisions and support the mission of the firm Strategy formulation is defined as the ______. development of strategies in an organization Which of these are the internal aspects of a SWOT analysis? (Select all that apply.) Strengths Weaknesses Value creation is defined as the ______. difference between a customer's buyer value, or willingness to pay, and...