Bmg - Study guides, Study notes & Summaries
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BMGT 301 Final || with 100% Error-free Answers.
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Economies of scale correct answers When costs can be spread across increasing units of production or in serving multiple customers. Businesses that have favorable economies of scale (like many Internet firms) are sometimes referred to as being highly scalable 
 
Porter's 5 Forces correct answers Also known as Industry and Competitive Analysis. A framework considering the interplay between (1) the intensity of rivalry among existing competitors, (2) the threat of new entrants, (3) the threat of ...
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BMGT 1327 - PRINCIPLES OF MANAGEMENT – Exam Questions & Answers
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BMGT 1327 - PRINCIPLES OF MANAGEMENT – Exam Questions & Answers 
 
____ is defined as getting work done through others. 
Question options: 
 
Management 
 
Planning 
 
Organizing 
 
Strategizing 
 
Controlling - CORRECT ANSWER-Management 
 
A manager striving to improve organizational _______________ is accomplishing tasks that help achieve organizational objectives. 
Question options: 
 
efficiency 
 
effectiveness 
 
functionality 
 
synergy 
 
productivity - CORRECT ANSWER-Effect...
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BMGT 364 Final || With correct solutions.
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Why study leadership? correct answers Faster rate of change 
Command and control- less effective and accepted 
Impact on the bottom line 
Responsibility and Ethical considerations 
 
Faster rate of change correct answers one major role of leadership is to adapt and predict change. With the increase in the rate of change in many fields and markets, understanding leadership becomes more important. (i.e. technology) 
 
Command and control correct answers many hierarchical traditional institutions a...
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BMGT380- Exam 3 Questions and Answers
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statute of limitations - ️️tells you how long you have to wait to sue, if you wait too 
long you can't sue (unenforceable contracts) 
article 2 - ️️source of law that deals with sale of goods, must be tangible movable 
personal property, and does not apply to real property, intangibles, service contracts 
consideration - ️️anything of value that one side gives to the other side in a 
contract; must be going both ways 
voluntary agreement, consideration, capacity to contract, objec...
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BMGT 364 Final exam || Possible questions with correct answers.
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Groups and teams are not the same thing. correct answers Whereas we can think of a work team as a subset of a workgroup, the team is constructed to be purposeful (symbiotic) in its member interaction. The distinction between a workgroup and a work team should be kept even when the terms are mentioned interchangeably in differing contexts 
 
-Management is looking for positive synergy that will create increased performance. The extensive use of teams creates the potential for an organization to g...
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BMGT 364 Exam 1 Review || 100% verified answers.
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What motivation theory focuses around comparing the ratio of your inputs and outputs to that of another person? correct answers Equity Theory 
 
In Herzberg's Two-factor theory, what are the names of the two factors? correct answers Hygiene and Motivation Factors 
 
What are the three elements of motivations? correct answers Intensity, direction, and persistence. 
 
What are the three needs in McClelland's theory of needs? correct answers Need for affiliation, Need for power, and Need for achi...
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BMGT 364 - Test 2 || Passed!!!
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3 Phrases of Pike Place Fish correct answers 1) Commit 
2) Be it 
3) Coaching 
 
Leadership correct answers The process of influencing others to mobilize and facilitate individual and collective efforts towards the accomplishment of goals or objectives 
 
Traits of a Leader correct answers 1) Drive 
2) Motivation to Lead 
3) Self-Confidence 
4) Emotional Maturity 
5) Honesty & Integrity 
 
Management correct answers The process of working with and through others to achieve organizational objecti...
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BMGT 364 Final Exam || With complete solutions.
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Affect correct answers generic term that covers a broad range of feelings, including both emotions and moods 
 
Emotions correct answers intense feelings directed at someone or something 
 
moods correct answers less intense feelings than emotions and often arise without a specific event acting as a stimulus 
 
moral emotions correct answers emotions that have moral implication because if our instant judgement of the situation that evokes them 
 
positive affect correct answers mood dimension co...
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BMGT 380 Exam 2: Contracts (Questions & Answers) Rated 100%
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Requirements of an offer - ️️First, they look for some objective indication of a 
present intent to contract on the part of the offeror. Second, they look for specificity, or 
definiteness, in the terms of the alleged offer. Third, they look to see whether the 
alleged offer has been communicated to the offeree. 
Freedo elements of a contract - ️️made up of an offer and an acceptance of that 
offer. In addition, there usually must be consideration to support each party's promise. 
The...
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BMGT 495 Project 3;Internal Environmental Analysis Updated 2024 with complete solution
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BMGT 495 Project 3;Internal Environmental Analysis Updated 2024 with complete solution
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