Mgt exam 2 - Study guides, Class notes & Summaries

MGT 103 Exam 2 Questions and Answers

MGT 202 Exam 2 Latest Version Already Passed Competitive Advantage An organization's ability to use resources so well that it performs better than the competition Technology Using technology to gain operating efficiencies, market exposure, and customer loyalty Cost & Quality Operating with greater efficiency & product or service quality Knowledge & Speed Doing better at innovation & speed of delivery to market for new ideas Barries to Entry Creating a market stronghold tha...

MGT 300 Exam 2 Latest Update 100% Correct Ethics The moral principles, values, and beliefs that govern group or individual behavior according to what is right or wrong and what contributes to the balanced good of all stakeholders Ethical Dilemma A situation in which no choice is entirely right Preconventional Stage An individual's moral decisions is based primarily on self-protection or self-interest Does things based on rewards/punishment Conventional Stage An individual's...

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MGT 300 EXAM 2 LATEST VERSION 100% SOLVED decision making the process by which managers respond to opportunities and threats by analyzing options and making determinations about specific organizational goals and course of action. The essence of management. programmed decision making Routine, virtually automatic decision making that follows established rules or guidelines. non programmed decision making non-routine decision making that occurs in response to unusual, unpredictable ...

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MGT 366 Exam 2 Question and answers verified to pass 2024/2025 MGT 366 Exam 2 Aggregate planning - correct answer -Intermediate-range capacity planning that typically covers a time horizon of 2 to 18 months - Useful for organizations that experience seasonal, or other variations in demand Goal of aggregate Planning - correct answer Achieve a production plan that will effectively utilize the organization's resources to satisfy demand Why the term "aggregate plan" instead of med...

MGT 3320 - exam 1 Question and answer rated A+ 2023What 3 general competencies should HR professionals have? Knowledge of business, human resource practices, and change management In what 2 ways are HR professionals' 4 roles differentiated? Process vs. People, Short-term vs. Long-term Two perspectives on organization success differs based on what two factors? Organization's life cycle, and the stakeholder Four common stages of an organizational life cycle Entrepreneur...