Mgt 325 - Study guides, Class notes & Summaries

High-performance employees are most attracted to organization that have managers who excel in which of the following skill areas? correct answers Interpersonal skills Managers are charged with completing the tasks that accomplish work and move the organization toward accomplishing goals. While performing these tasks, managers take on different roles. If a manager sought specifically to discuss issues and bargain with other units to gain advantages for their own unit, they would be acting in t...

In terms of the 33 know the pattern of distribution (Def Underwriting, 4 part Howey Test) (Investor Protection, Wall Street Reform) correct answers *Underwriting:* Passing securities from the issuer through a syndicate of underwriters, dealers, and ultimately to purchasers who intend to hold securities *Howey Test* (1) Invest (2) In common enterprise (3) Reasonably expecting profits (4) Derived primarily from others' managerial or entrepreneurial efforts Agency (Define A...

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What is a project? correct answers Definition: A complex, non-routine, one-time effort limited by time, budget, resources, and performance specifications designed to meet customer needs. A project is a temporary endeavor undertaken to create a unique product, service, or result. Major characteristics of a project correct answers - Has an established objective. - Has a defined life span with a beginning and an end. - Requires cross-organizational participation. - Accomplishes non-r...

MGT 325 STUDY GUIDE TEST. Nearness to raw materials would be most important to a - CORRECT ANSWER manufacturing company A self-service vending machine that duplicates house and car keys in store is an example of a: - CORRECT ANSWER micro-factory Last step in the procedure for making location decision? - CORRECT ANSWER evaluate alternatives and make a selection When a location evaluation includes both quantitative and qualitative inputs, a technique that can be used is? - CORRECT AN...

Which management function includes defining an organization's goals, establishing an overall strategy for achieving those goals, and developing a comprehensive set of plans to integrate and coordinate activities? correct answers Planning Which management skill uses mental ability to analyze and diagnose complex situations? correct answers Conceptual According to Fayol's list of management functions, which of the following is an example of a manager's planning function? correct answers C...

Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services. correct answers False Service operations require additional inventory because of the unpredictability of consumer demand. correct answers False Managing the supply chain has become more important as a result of firms increasing their levels of Select one: ing. tions. ting. ime. urcing. correct answers e Companies are either producing goods or ...

Figurehead correct answers symbolic head; required to perform a number of routine duties of a legal or social nature (Mintzberg's Managerial Roles ; Interpersonal) Leader correct answers responsible for the motivation and direction of employees (Mintzberg's Managerial Roles ; Interpersonal) Liason correct answers maintains a network of outside contacts who provides favors and information (Mintzberg's Managerial Roles ; Interpersonal) Monitor correct answers Receives a wide variety...

What is a project?: Project Defined correct answers A temporary endeavor undertaken to create a unique product, service, or result What is a project?: Major Characteristics correct answers -Established objective -Defined life span -Involves several departments and professionals -Involves doing something never done before -Specific time, cost, and performance requirements Routine correct answers -Taking notes -Attaching tags -Practicing scales on piano Projects correct answers -Wr...