Man320f exam 2 questions - Study guides, Class notes & Summaries

MAN320F EXAM 2 Questions With Solutions 100% Correct advantages of teams improve -customer satisfaction - product and service quality - speed and efficiency in product development employee job satisfaction - decision making disadvantages of teams - initially high turnover - social loafing - groupthink - dominant cliques

what are the questions you can ask to determine if a change has been successful on a long-term level - Answer-all of the above in modern day organizations, when change is implemented it is often a _______. - Answer-failure with the size advantage, larger firms often have a single dominant culture with a universal set of shared actions, values, and beliefs - Answer-false decentralization increases when the discretion to spend money, to hire people, and to make similar decisions is moved ...

What are the questions you can ask to determine if a change has been successful? - Answer-What were the effects of the change agent? Did the change happen? What were the effects on the organization? Considering the framework outlined in McGinn and Lingo article, the 3 types of power you can use to resolve tension are: - Answer-Positional, personal, relational Leading change is hard because people are: - Answer-concerned about the future uncertain/don't know what to expect concerned ...

Value Innovation - Answer--Value (utility, cost, and price position) creation and innovation -add value and reduce cost by enhancing a limited set of key factors and eliminating traditional factors Strategic plan - Answer--comprehensive plan/action that identifies critical direction and guides allocation of resources of an organization Strategic Management - Answer-process through which organizations -analyze/learn from stakeholders -establish strategic direction -create strategies tha...

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MAN320F Exam 2 Terms, MAN 320F Exam 2 (a) Questions With Solutions 100% Correct visible artifacts 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 1. seen (surface level) 2. heard (expressed values & beliefs) 3. Believed (unconscious assumptions & beliefs)

Team - Answer-A group of people holding themselves collectively accountable for using complementary skills to achieve a common purpose. Teamwork - Answer-Occurs when team members live up to their collective accountability for goal accomplishment. How do we describe teams? - Answer-Teams that recommend things, run things, and make or do things. Teams that recommend things - Answer-Are set up to study specific problems and recommend solutions to them. These teams typically work with a tar...

what has led to accelerated communization? - Answer-Info on products and prices is becoming immediately available; when brands become smaller, people buy on price Which two types of markets will disappear as technology and globalization increase? - Answer-niche markets and monopolies what two groups did apple look at when creating and marketing the iPod? - Answer-non customers and non consumers what are three key features of a blue ocean? - Answer-create a new group of consumers, don...

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...