Mgt 3301 exam Study guides, Class notes & Summaries

MGT 3301 Exam Chap 3 & 4 Questions and Answers 1) Customers are stakeholders of an organization, but managers are not. - Answer: FALSE 1) When new competitors enter an industry, prices in the industry typically increase. - Answer: FALSE 10) Although a slight bias toward a particular group can seem unimportant, it can lead to very large differences between groups over time. - Answer: TRUE 10) Societies that are high on uncertainty avoidance, such as the United State...

MGT 3301 Chapter 1 Exam Questions and Answers Virgnia Rometty CEO of IBM, believes that her success is due in part to her ability to take risks - ANSWER TRUE Exceptional managers have a gift that can't be taught - ANSWER FALSE Management includes integrating the work of people through planning, organizing, leading, and controlling the organization's resources - ANSWER TRUE To be efficient in management means to use resources wisely and cost effectively - ANSWE...

MGT 3301 Exam Questions and Correct Answers In the context of the decision-making process, which of the following is the fourth step that involves ranking the alternatives before making a final decision - ANSWER choose among alternatives The administrative model was developed to explain - ANSWER why decision making is always an inherently uncertain and risky process Which of the following statements is true of the classical model of decision making? - ANSWER ...

MGT 3301 Exam Questions with Complete Solutions Superior efficiency, quality, innovation, and responsiveness to customers are the four building blocks of - ANSWER competitive advantage The four building blocks of competitive advantage are... - ANSWER The four building blocks of competitive advantage are superior efficiency, quality, innovation, and responsiveness to customers. As managers ascend the managerial hierarchy, the more time they spend - ANSWER Plannin...

HMGT 3301 EXAM 1 - Chapter 1, 2 & 3. Top Questions with accurate answers, graded A+ Why did the professionalization of medicine start later in the U.S. than in some Western European nations? - -American medicine lagged behind the advances in medical science, experimental research and medical education and maintained a domestic character because... (i) Americans had a tendency to neglect research in basic sciences and placed more emphasis on applied sciences (ii) American attitudes about...

HMGT 3301 Exam #1, Questions with accurate answers, 100% accurate. What are the 6 main issues with a multi-payer system? (1) difficult for providers to track various health plans (2) providers have to hire claim processors (3) payments can be denied which forces rebilling (4) balance billing may occur (5) providers must engage in collection efforts (6) government programs have complex regulation What 4 things make the U.S. HCS unique? (1) no automatic coverage (2) no t...

HMGT 3301 Exam 3, Question with accurate answers, rated A+ Vulnerability Framework - -1) Predisoposing 2) Enabling 3) Need characteristics Predisposing Characteristics - --Racial/ethnic characteristics -Gender and age (women and children) -Geographic location (rural health) Enabling Characteristics - --Insurance status -Homelessness Need Characteristics - --Mental Health -Chronic illlness -HIV Vulnerability Model - --Comprehensive (ecological and individual risk factors...

MGT 3301 Ch. 6 Exam Questions and Answers The cluster of decisions that managers make to assist an organization to achieve its goals is known as A) strategy. B) scenario planning. C) organizing. D) needs assessment. - ANSWER A) strategy. A broad declaration of the organization's overriding purpose, which is intended to identify the organization's products and customer base, as well as to differentiate the organization from its competitors, is known as a ________ statement. ...

MGT 3301 midterm Exam Questions and Answers Which of the following refers to the pattern of faulty and biased decision making in which team members strive for agreement among themselves at the expense of accurately assessing information relevant to a decision? skunkworks satisficing brainstorming groupthink - ANSWER groupthink Which of the following statements is true for a manager intending to create a learning organization? Only the top managers are allowed to develop a sens...

HMGT 3301 Exam 2 Fall 2022. Questions with accurate answers, rated A+ Which of the following is a typical setting for ambulatory care services? - -Sports medicine clinics Physicians' offices Dialysis centers Typically, tertiary care: - -Is highly specialized Countries whose health systems are oriented more toward primary care achieve: - -Higher satisfaction with health services among their populations The most prominent reason for the decline in the number of procedures performe...