MGT 302

MGT 302 CHAPTER 13 QUIZ 1. Profitability is calculated by dividing the total sales of the firm by total invested capital. False 2. Firms usually respond to pressures for cost reduction by trying to lower the costs of value creation. 3. Firms that pursue a transnational strategy are trying to simultaneously do many things. Which of the following is one of those things? Foster a multidirectional flow of skills between different subsidiaries. 4. Responding to pressures to be locally responsive ...

MGT 302 STUDY GUIDE EXAM 2 MGT 302 Exam 2 Study Guide Fall 2015 Terms and Concepts: ● Culture Everything people have (material possessions), think (ideas, values, attitudes) and do (expected patterns of behavior) ● Values abstract ideas about what a group believes to be good, right or desirable ● Attitudes ● Norms social rule and guidelines that prescribe behaviour ● Folkways routine conventions of everyday life (dress code, manners) ● Mores norms that are seen as a central...

MGT 302 QUIZ 11 1. Sources of organizational inertia include all of these, except which of the following? Religious influences The existing culture The plan for the distribution of power within the organization Senior managers’ ideas about changes to the business model

MGT 302 EXAM 2 QUESTIONS AND ANSWERS Chapter 9 Regional Economic Integration agreements among countries in a geographic location to reduce, and ultimately remove, tariff and non-tariff to free flow of g/s/FOP between each other. WTO members are required to _______ the WTO of all trade agreements in which they participate. notify Regional Economic Integration Helps to reduce trade barriers more quickly. Ex: The EU (European Union) European Union Created in Jan 1993; 1 single market wi

MGT 302 FINAL EXAM STUDY GUIDE Tacit Knowledge – Information that is intuitive and difficult to articulate or codify in writing; Ex. swimming or riding a bike (you would want to show a person v. just tell them if they’ve never done these things before) • Can be gained through personal experience or interaction • Shared knowledge might be dispersed throughout the company Codified Knowledge – Information that can be easily captured in the form of text, tables, or diagrams; Ex. Jamba ...

MGT 302 FINAL EXAM STUDY GUIDE Tacit Knowledge – Information that is intuitive and difficult to articulate or codify in writing; Ex. swimming or riding a bike (you would want to show a person v. just tell them if they’ve never done these things before) • Can be gained through personal experience or interaction • Shared knowledge might be dispersed throughout the company Codified Knowledge – Information that can be easily captured in the form of text, tables, or diagrams; Ex. ...

MGT 302 CHAPTER 15 QUIZ 1. A firm that enters into a joint venture with another company reserves the right to keep control of its own technology. False 2. Which of the following is an advantage of turnkey contracts? Ability to earn returns from process technology skills in countries where FDI is restricted 3. A firm can rapidly build its presence in the target foreign market through acquisitions. True 4. In a turnkey project, the contractor agrees to handle every detail of the project for a ...

MGT 302 FINAL EXAM STUDY GUIDE Tacit Knowledge – Information that is intuitive and difficult to articulate or codify in writing; Ex. swimming or riding a bike (you would want to show a person v. just tell them if they’ve never done these things before) • Can be gained through personal experience or interaction • Shared knowledge might be dispersed throughout the company Codified Knowledge – Information that can be easily captured in the form of text, tables, or diagrams; Ex. Jamba ...

MGT 302 QUIZ 11 1. Sources of organizational inertia include all of these, except which of the following? Religious influences The existing culture The plan for the distribution of power within the organization Senior managers’ ideas about changes to the business model 2. Incentives are the metrics used to measure the performance of subunits and make judgments about how well managers are running those subunits. the devices used to reward appropriate managerial behavior. the manner i...