Mgmt 490 theory - Study guides, Class notes & Summaries
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MGMT 490 Theory Exam UPDATED ACTUAL Exam Questions and CORRECT Answers
- Exam (elaborations) • 6 pages • 2024
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MGMT 490 Theory Exam UPDATED 
ACTUAL Exam Questions and 
CORRECT Answers 
What parts make up the formulation and implementation model? - CORRECT 
ANSWER- 1. Environment 
2. Resources 
3. Social Responsibility 
4. Goals of management 
5. Strategy 
6. Structure 
7. Systems 
8. Leadership 
Strategy - CORRECT ANSWER- -A way to develop strategic competence
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MGMT 490 Theory Exam Practice Questions and Answers
- Exam (elaborations) • 8 pages • 2024
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MGMT 490 Theory Exam Practice 
Questions and Answers 
What parts make up the formulation and implementation model? - ANSWER-1. Environment 
2. Resources 
3. Social Responsibility 
4. Goals of management 
5. Strategy 
6. Structure 
7. Systems 
8. Leadership 
Strategy - ANSWER--A way to develop strategic competence. 
-How do I get a competitive advantage over my competition? 
Leadership - ANSWER--Long-term effort with strategic values 
-Task structure, position power, leader-member relations 
Goal...
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