Mgt 300 exam 1 - Study guides, Class notes & Summaries

MGT 300 Exam 1 Study Guide (Williams UA)

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MGT 300 Neck Final Exam Latest Update Graded A+ Older people get, the ___ willing they are to show their creativity less Jesse Jackson "Both tears and sweat are salty, but they render a different result. Tears will get you sympathy; sweat will get you change." % of people who will adopt to changes differently (5) 2%: innovators 14%: early adopters 34%: early majority 34%: late majority 16%: laggards Define creativity Thinking up new ideas/things Define innovation Process...

MGT 300 - FINAL EXAM LATEST UPDATE GRADED A+ Leadership The process of providing general direction, from a position of influence, to individuals or groups toward the successful attainment of goals Leader emergence The natural occurrence of someone becoming the leader of a leaderless group Directive leadership A leadership style characterized by implementing guidelines, managing expectations, setting definite performance standards, and ensuring that individuals follow rules Prod...

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MGT 300 Exam 1 –UA Exam Review Questions and answers, graded A+/ verified. 6. ____ is the active oversight by boards of directors of top management decisions in such areas as corporate strategy and financial reporting. a. Value chain analysis b. Productivity c. Outsourcing d. Corporate governance - -d. Corporate governance A business owner makes a decision to reduce a plant's workforce by 10% to cut costs and save jobs for the other 90% of employees. This decision could be justifi...

MGT 300 Exam 1 ASU Neck Questions and answers, graded A+/ verified. ________ is a strategy that determines how a business will compete in a particular industry or market - -Divisional Strategy 2 main competing forces at play that influence change (Force Field analysis). Conduct FF to assess need for change and potential obstacles you might need to overcome before change is made. - -Driving forces- provide motivation towards achieving goal Restraining forces- change impede the progress ...

MGT 300 Exam 1 Review Questions and answers, graded A+/ verified. 3 types of managerial roles - -1. Interpersonal 2. Informational 3. Decisional 4 approaches to resolving ethical dilemmas - -1. Utilitarian approach: guided by what will result in the greatest good for the greater number of people 2. Individual approach: guided by what will result in the individuals best long-term interest, which ultimatley is in everyones self-interest 3. Moral rights approach: guided by respect for t...