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GMS 200 Final Exam UPDATED ACTUAL Questions and CORRECT Answers

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GMS 200 Final Exam UPDATED ACTUAL Questions and CORRECT Answers Intellectual Capital - CORRECT ANSWER- The shared knowledge of a workforce Globalization - CORRECT ANSWER- The tedency of businesses and technologies to spread throughout the world Shamrock 3 Leaves - CORRECT ANSWER- The 3 leave...

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  • 17 de octubre de 2024
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GMS 200 Final Exam UPDATED ACTUAL
Questions and CORRECT Answers
Intellectual Capital - CORRECT ANSWER✔✔- The shared knowledge of a workforce



Globalization - CORRECT ANSWER✔✔- The tedency of businesses and technologies to
spread throughout the world


Shamrock 3 Leaves - CORRECT ANSWER✔✔- The 3 leaves of almost each and every
organization are full time workers, contract workers and aprs-time workers


Portfolio Worker - CORRECT ANSWER✔✔- Someone who has up-to-date skills so they can
move from job to job


Productivity - CORRECT ANSWER✔✔- The quantity and quality go work performance



Performance Effectiveness - CORRECT ANSWER✔✔- The output measure of goal
accomplishment


Performance Efficiency - CORRECT ANSWER✔✔- An input measure of resource cost
associated with goal accomplishment


Sustainable Innovation - CORRECT ANSWER✔✔- When a business creates new products
and production methods that have reduced environmental impacts


Specific Environment - CORRECT ANSWER✔✔- Also called task environment, consists of
the actual organizations, committees, groups and persons with whom a business interacts with
and conducts business with


Value Creation - CORRECT ANSWER✔✔- The creation for value for satisfying needs for
stakeholders

, Strategic Positioning - CORRECT ANSWER✔✔- Helping an organization do same things as
other business but in different ways


Environmental Uncertainty - CORRECT ANSWER✔✔- A lack of information for the
external environment of a business or an organization


Manager - CORRECT ANSWER✔✔- A person who supports, activates and is responsible for
the work of others


Top Manager - CORRECT ANSWER✔✔- Guide the performance of the organization as a
whole


Middle Manager - CORRECT ANSWER✔✔- These are the managers who report to the top
managers who are in charge of large divisions


Line Manager - CORRECT ANSWER✔✔- Directly contribute to producing the
organizations goods or services


Staff Manager - CORRECT ANSWER✔✔- Use special technical expertise to advise and
support line workers


Functional Managers - CORRECT ANSWER✔✔- Are responsible for one area



General Managers - CORRECT ANSWER✔✔- Are responsible for complex, multifunctional
units


Admins - CORRECT ANSWER✔✔- A manager in a public organization



Accountability - CORRECT ANSWER✔✔- The requirement to show performance results to
a superior


Effective Manager - CORRECT ANSWER✔✔- Helps others achieve high performance and
satisfaction at work

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