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Coonce Mgmt 3013 exam 1 What do the examples of the Mesopotamian plow, the McCormick reaper, and the gas-powered tractor help to explain? - Answer- advancement is important for getting the most production from our efforts Understanding people and organizations is valuable for whom? - Answer- everyone The core element of management is understanding what? - Answer- human interaction The organization and coordination of the activities of a business in order to achieve organizational goa...

MGMT 3013 Chapter 1-Exam 1 organization - Answer- a group of people who work together to achieve some specific purpose -goal oriented management is defined as - Answer- -pursuit of organizational goals efficiently and effectively by -integrating the work of people through -planning, organizing, leading and controlling the organizations resources four types of management - Answer- CLOP -controlling -leading -organizing -planning efficient - Answer- to use resources: people, mon...

OKSTATE PAPPAS MGMT 3013 EXAM 1 Management - Answer- the pursuit of organizational goals Top Managers - Answer- -Set Objectives -Scan Environment -Plan and Make Decisions Middle Managers - Answer- -Allocate resources -Oversee first-line managers -Develop and implement activities First-line Managers - Answer- -Coordinate activities -Supervise Employees -Report to middle managers -Involved in day-to-day operations The Board of Directors - Answer- oversee the activities of the...

MGT 3013 Ronald Anderson Organization - Answer- A group of people who work together to achieve some specific purpose Management - Answer- 1. Pursuing goals Efficiently and Effectively 2. Integrating the work of people 3. Planning, organizing, leading, and controlling the organization's resources Efficiency - Answer- "the means" - the means of attaining an organization's goals -use resources wisely and cost-effectively Effectiveness - Answer- "the ends" - achiev...

Management 3013 Pappas Organization - Answer- A group of people working together in a structured and coordinated fashion to achieve a set of goals management - Answer- A set of activities( including planning and decision making, organizing, leading, and controlling) directed at an organizations resources with the aim of achieving organizational goals in an efficient and effective manner manager - Answer- someone whose primary responsibility is to carry out the management process effi...

MGMT-3013 UARK Business-Level Strategy - Answer- goal-directed actions when competing in a single product market. Strategic Trade-Offs - Answer- cost or value position; higher value creation tends to generate higher cost. Differentiation Strategy - Answer- seeks to create higher value for customers than the value that competitors create. Cost-Leadership Strategy - Answer- seeks to create the same or similar value for customers at a lower cost. Scope of Competition - Answer- The si...

MGMT 3013 Which one of the following is part of Porter's model for industry analysis? A. Threat of substitute products. B. Product differentiation. C. Organizational strengths. D. Synergy. E. Related diversification. - Answer- A. Threat of substitute products An organization that offers unique, superior products or services to a narrow market is pursuing a strategy of A. cost leadership. B. diversification. C. focused differentiation. D. differentiation. E. cost focus. - An...

Mgmt 3013: Oklahoma State University Exam 2 Planning - Answer- Coping with uncertainty and making future actions to achieve results; setting goals and deciding how to achieve them. Business Plan - Answer- Starting a plan; document that outlines a proposed firms' goal, the strategy for achieving them and standards for measurement. Business Model - Answer- Outlines the need the firm will fill, operates the business, it's components and functions, and expected revenues and expenses. ...

Mgmt 3013 Exam 2 - Pappas Strategy - Answer- A ______ is a large-scale action plan that sets the direction for an organization. Threat of substitute products - Answer- Which one of the following is part of Porter's model for industry analysis? their share of the market - Answer- The BCG matrix is a means of evaluating strategic business units on the basis of their business growth rates and Execution - Answer- ______ consists of using questioning, analysis, and follow-through in or...

MGT 3013 EXAM 2 flawed execution and a lack of infusion into organization's daily activities - Answer- why do most experts suggest that well-crafted strategies break down? its ability to execute strategy - Answer- an organization's performance is also known as organizational culture, organizational structure, and HR practices - Answer- what three factors must be aligned for excellent organizational performance/strategy exeuction? organizational culture (corporate culture) - Ans...