- Study guides, Class notes & Summaries

MGT Exam Chapter 1 Questions <100% Correct Answers> Jackson company purchased office equipment costing $3000 and paid immediately. Record this transaction in the accounting equation - Answers - decrease cash, increase equipment When recording transactions into the accounting equation, which statements are true? - Answers - 1. At least 2 accounts will be affected when recording a transaction 2. The accounting equation must always remain in balance 3. After recording the transaction,...

MGT. 201 Exam Questions and Answers 100% Pass In an uncertain environment that is ________ , components are somewhat similar and remain basically the same - ANSWER - Culture comes from __________ - ANSWER -the mission of founders In organizational culture, __________ is the degree to which organizational decisions and actions emphasize maintaining the status quo. - ANSWER -stability _________ is the view that much of an organization's success or failure is due to external forces outside...

MGT Test #1 Chapters 1,2,3 Questions and Answers 100% Pass Discuss the relationship between "efficiency" and "effectiveness" and identify real organizations you think are, or are not, efficient and/or effective. - ANSWER -Efficiency is the measure of how productively resources are used to achieve a goal. Effectiveness is the measure of the appropriateness of the goals an organization is pursuing and the degree to which they are achieved. i. Amazon is both efficient and effecti...

MGT TEST PRACTICE QUESTIONS AND ANSWERS 100% PASS Which of the following are examples of Kelley's "star strategies"? A. Reflectiveness B. Self-control C. Focus D. Show and tell E. Cooperation - ANSWER -Show and tell The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organization's resources is called A. employment. B. management. C. career planning. D. competitive ad...

MGT Midterm Exam Questions and Answers 100% Pass Management - ANSWER -attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources. Planning - ANSWER -the management function concerned with defining goals for future performance and how to attain them. Organizing - ANSWER -assigning tasks, grouping tasks into departments, and allocating resources. Leading - ANSWER -using influence to motivate employe...

MGT Final Exam Review; Part 1 Questions and Answers 100% Pass Management - ANSWER -Science of getting necessary work done using other people Leadership - ANSWER -The art of getting other people to do what you want Difference Between Management and Leadership? - ANSWER -All leaders are managers, but not all managers are leaders. Vision Objectives - ANSWER -Organizational goals that evoke powerful and compelling mental images Mission Objectives - ANSWER -Set of organizational goals that in...

Mgt Exam Questions and Answers 100% Pass Selfed managed - ANSWER -Which of the following types of group would most likely be impacted by a "bad apple"? Storming - ANSWER -During which stage of the group and team development process would the effects of a "bad apple" most likely be the most apparent? Cohesiveness - ANSWER -Which of the following characteristics of high-performing teams would most likely be negatively influenced by hiring a "bad apple"? Task - ANSWER -If T...

MGT Exam 2 Questions and Answers 100% Pass 1: PROJECT MANAGEMENT crashing simulation cash flow critical chain probabilistic completion times - ANSWER - Crashing - ANSWER -Decreasing projection completion time by adding more resources -Critical Path (CP) is dynamic - ANSWER - -Crashing CP os reccomended 1 unit at a time to see if current critical path is still the only critical path - ANSWER - Conditions for Critical Path (CP): Which are the conditions? a. the longest path b. Consist...

MGT Chapter 1 Exam Questions and Answers 100% Pass Organization - ANSWER -A group of people who work together to achieve some specific purpose Management - ANSWER -The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organizations resources Efficiency - ANSWER -The means. The means to attaining the organization's goals. You use resources to be efficient such as people, money, raw mate...

Mgt Chapter 1 Exam Questions and Answers 100% Pass What is Management - ANSWER -Management is coordinating work activities so that they are completed efficiently and effectively with and through other people what is effiency - ANSWER -getting the most output from the least amount of inputs or, as management expert Peter Drucker explained, "Doing things right. What is effectiveness? - ANSWER -doing the right things"—that is, those work activities that will help the organization rea...