Man320f exam - Study guides, Class notes & Summaries

Annual sources of Start-up Funding - Answer-Venture Capital: $18 billion State funds: $4 billion Angel Investors (wealthy individual): $35 billion Angels: 90% of outside equity of start-ups? The Three F's (Family, Friends, Fools): $60 billion Potential Angels in the U.S. - Answer-U.S. Millionaires, Estimates of informal investors, Center for Venture Research-Active Angels, Investors in angel groups T/F: Angel investors are more likely to invest in a company that is a 2 hour ...

visible artifacts - Answer-visible signs of an organization's culture -ex: office design and layout, company dress code, company benefits and perks, stock options, personal parking spaces, private company dining room Three Levels of Organizational Culture - Answer-1. seen (surface level) 2. heard (expressed values & beliefs) 3. Believed (unconscious assumptions & beliefs) Seen - Answer--surface level -symbolic artifacts such as dress code -workers' and managers' behav...

Porter's Five Forces of Competition - Answer-1) Power of customers 2) Power of suppliers 3) Threat of potential entrants 4) Substitutes (availability/comparability) 5) Competition among existing competitors Blue Ocean Strategy - Answer-New and untapped market, don't have to deal with other competitors. Get rid of competition by creating new market. Unfettered territory. Don't take away from a dwindling group. Coca-cola and Pepsi are so successful because of ___ - Answer-Bra...

organization - Answer-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 organization's resources efficiency - Answer-to use resources wisely and cost-effectively effectiveness - Answer-to achieve results, to make the right decisions and to successfully carry them out so that they achieve the o...

MAN320F Exam 2 (1)

UNIT 1 - Answer-UNIT 1 Organizational behavior - Answer-is the systemic study of people's actions and attitudes within organizations Individual, Team, and Organization-wide - Answer-In this course, we will examine organizational behavior on three levels: 1. ___________ 2. ___________ 3. ___________ Leadership, Strategy, Formal Organization, and Informal Organization Goal: Dynamic Alignment Note: Important to have all four of the critical components and to have them all in...

Collective intelligence - Answer-The ability of a team to do well on a wide variety of tasks Team building - Answer-A sequence of planned activities designed to gather and analyze data on the functioning of a team and to initiate changes designed to improve teamwork and increase team effectiveness Team or group dynamics - Answer-The forces operating in teams that affect the ways members work together. Tough Battler - Answer-Frustrated by a lack of identity in the new group and may act a...

CHAPTER 1 - Answer- Management is getting work done through others. What does this mean in practice? - Answer-Managers are not responsible for knowing how to operate all the machines, but instead enabling and equipping people in the company to do their jobs as best as possible. What are the two primary concerns that managers are driven by? - Answer-efficiency and effectiveness; it is important that managers are concerned with both not just one or the other. Give examples of why manageme...

task performance - Answer-When a team achieves its performance goals regarding quantity, quality, and timeliness of work results, the __________ characteristic of team effectiveness is being demonstrated. A. task performance B. team viability C. member satisfaction D. team excellence true - Answer-The potential advantages of group decision making include more knowledge and expertise being applied to the problem, more alternatives being considered, greater understanding and acceptance o...