Mqm 220 - Study guides, Class notes & Summaries

MQM 220 exam 2 Question and answer already passed ch 9. strategy - correct answer plans for how the organization will do whatever its in business to do, how it will compete successfully, and how it will attract and satisy its customers in order to achieve its goals business models - correct answer How a company is going to make money. core competencies - correct answer The organizations major value-creating capabilities that determine its competitive weapons competitive advantage...

MQM 220 Final Exam Question and answers already passed Definition of a manager. How do managers differ from nonmagerial employees?(1) - correct answer Manager - Someone who coordinates and oversees the work of other people so organizational goals can be accomplished Classification of managers by level. Along with Katz's essential skills. - correct answer 1. First - line managers 2. Middle Managers 3. Top Managers Katz's essential skills - Technical skills - for lower managers Huma...

MQM 220 Quiz 1 Question and answers correctly solved Someone who works with and through other people by coordinating their work activities in order to accomplish organizational goals. - correct answer Manager The lowest level of management and manage the work of non-managerial individuals who are involved with the production or creation of the organization's products. They are often called supervisors. - correct answer First-line Managers These managers manage the work of first-line m...

MQM 220 Final Exam Review Question and answers rated A+ meeting economic and legal responsibilities and no more - correct answer social obligation the capacity of a firm to adapt to changing societal conditions - correct answer social responsiveness a firm's obligation, beyond that required by the law and economics, to pursue long-term goals that are good for society - correct answer social responsibility What is a social responsibility, and why would an organization's managers ...

MQM 220 Exam 3 Questions with complete solution Vertical Integration - correct answer Occurs when one corporation owns business units that make inputs for other business units in the same corporation. Participation - correct answer The extent to which individuals engage in the process of generating solutions and articulating their opinions and perspectives. total quality management (TQM - correct answer s satisfying customer needs through a set of four reinforcing principles: custome...

MQM 220 EXAM Question and answers verified to pass Importance of HRM - correct answer 1. Can be significant source of competitive advantage 2. A important part of organizational strategies 3. The way organizations treat their people can significantly impact performance % of workers who would leave their jobs bc of benefits package - correct answer 71% How Organizations Determine Employee Compensation - correct answer Reflects changing nature of work and the workplace in order to k...

MQM 220 Terry Lowe Exam 1 Questions with complete solution ____ of new managers feel they're unprepared to transition into management roles - correct answer 26% Revolve around making choices and decisions - correct answer Decisional Roles Included setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities - correct answer Planning Someone in the organization that directs the activities of others. - correct answer...

MQM 220 Exam 2 Question and answers 100% correct plans for how organization will do business successfully - correct answer strategy how the company plans to make money - correct answer business model The major value-creating capabilities of an organization - correct answer core competencies distinctive edge that sets company apart from others - correct answer competitive advantage why is strategic management important? - correct answer 1. makes a difference in performance...

MQM 220 Question and answers rated A+ Definition of manager/How managers differ from nonmanagerial employees - correct answer Someone who coordinates and oversees the work of other people so organizational goals can be accomplished Classifications of managers by level. Along with Katz's essential skills. - correct answer First Line (or frontline) Managers Middle Managers Top Managers Katz's 3 essential skills - 1. Technical Skills 2. Interpersonal Skills 3. Conceptual Skills E...

MQM 220 Question and answers 100% correct Which of the following statements about teams and workgroups is true? - correct answer Teams are better than work groups when the task is complex and sophisticated A task is considered complex when: - correct answer • Any of these factors are present- the amount of information that must be processed to understand the task, the degree of uncertainty about possible outcomes, the presence of many subtasks that require a range of skills and knowledg...