Mgt 103 - Study guides, Class notes & Summaries

MGT 103 Final Exam; Questions and Answers 100% Pass Relish Inc. is a large corporation in the food industry that manufactures canned foods, confectionery, and baked foods. The organization has a separate department for each of these types of food manufactured. Each department integrates all the activities required to manage its respective line of food. Which of the following types of departmentalization is illustrated in the scenario? A) Sequential B) Customer C) Product D) Locati...

MGT 103 - Chapter 1 Exam Questions and Answers

MGT 103 Exam; Questions and Answers 100% Pass Which of the following is an example of a good leader in the context of business? A. A person who relies on force to lead people B. A person who disobeys authority C. A person who is a dictator D. A person who can influence others E. A person who is efficent and does not delegate his or her duties Correct answer-D

MGT 103 - Chapter 2 Exam Questions and Answers

MGT 103 Exam; Questions and Answers 100% Pass Steve has been tasked with the job of outlining decisions about resource allocation, priorities, and action steps that are necessary to reach one of his company's strategic goals. What is Steve developing? A. strategic plan B. operational plan C. strategic mission D. tactical plan Correct answer-A

Mgt 103 Demill Midterm 1; Questions and Answers 100% Pass What is marketing Correct answer-Delivering value to customers. Seeks to: Discover needs and wants of customers Satisfy them Exchange Correct answer-Money for goods and services Requirements for marketing to occur Correct answer-1. Two or more parties with unsatisfied needs 2. Desire and ability to satisfy these needs 3. A way for the parties to communicate 4. Something to exchange

MGT 103 Exam; Questions and Answers 100% Pass 1.As a process, leadership can be defined as: A. the practice of empowering employees to participate in organizational decision making. B. the set of characteristics attributed to individuals who are perceived to be leaders. C. the use of noncoercive influence to shape an organization's goals. D. the ability to assess business process performance. E. the ability to adjust to and understand the changes in a workplace. Correct answer-C

MGT 103 Bates Final Exam; Questions and Answers 100% Pass __% of ticket sales are now Online Correct answer-50 Price Correct answer-the money or other considerations (think: bartering) exchanged for the ownership or use of a product or service Barter Correct answer-exchanging products and services for other products and services Calculating the Final Price (Formula) Correct answer-List Price - (Incentives + allowances) + Extra Fees

MGT 103 BATES MIDTERM questions and answers 100% correct marketing started production based; engineers the activity, set of institutions, and processes for creating, communicating, deliver- ing, and exchanging offerings that have value for customers, clients, partners, and society at large Eras of marketing 1. production 2. sales era 3. marketing concept era 4. customer relationship era need precedes a want; underlying necessity -basic physical and psychological needs ...

MGT 103 - Quiz 2 Ch.8-12 with correct Answers