1 Exam (elaborations) MGMT 363 Exam 1 Terms Research Study Questions Correctly Answered. 2 Exam (elaborations) MGMT 3004 Exam 1 UMN Final Test Verified Questions And Answers. 3 Exam (elaborations) Cedarville MGMT Exam 1 Question Fully Solved. 4 Exam (elaborations) Management 100 Study Guide Exam...
[Show more]
Organization - correct answer a group of people who work together to achieve some specific purpose Management - correct answer defined as: -the pursuit of organizational goals efficiently and effectively by -integrating the work of...
Preview 4 out of 39 pages
Add to cartOrganization - correct answer a group of people who work together to achieve some specific purpose Management - correct answer defined as: -the pursuit of organizational goals efficiently and effectively by -integrating the work of...
management - correct answer getting work done through others efficiency - correct answer getting work done with a minimum of effort, expense, or waste effectiveness - correct answer accomplishing ta...
Preview 2 out of 9 pages
Add to cartmanagement - correct answer getting work done through others efficiency - correct answer getting work done with a minimum of effort, expense, or waste effectiveness - correct answer accomplishing ta...
Companies that seek to pursue a cost leadership strategy will most likely make organizational design decisions that emphasize - flexibility. - creativity. - operational efficiency. - speed. - correct answer operational efficiency. An advantage of the bureaucr...
Preview 2 out of 15 pages
Add to cartCompanies that seek to pursue a cost leadership strategy will most likely make organizational design decisions that emphasize - flexibility. - creativity. - operational efficiency. - speed. - correct answer operational efficiency. An advantage of the bureaucr...
Business - correct answer Any activity that seeks to provide goods and services to others while operating at a profit Profit - correct answer The amount a business earns above and beyond what it spends for salaries and other expenses...
Preview 3 out of 26 pages
Add to cartBusiness - correct answer Any activity that seeks to provide goods and services to others while operating at a profit Profit - correct answer The amount a business earns above and beyond what it spends for salaries and other expenses...
Planning Organizing Leading Controlling - correct answer What are the four 'Management Functions'? Conceptual - Abstract thinking, seeing whole picture, predict future Human - Interpersonal, social skills Technical - Machines, equipment, design prod...
Preview 2 out of 7 pages
Add to cartPlanning Organizing Leading Controlling - correct answer What are the four 'Management Functions'? Conceptual - Abstract thinking, seeing whole picture, predict future Human - Interpersonal, social skills Technical - Machines, equipment, design prod...
Definition of Management - correct answer The pursuit of organization goals efficiently and effective by integrating the work of people through planning, organizing, leading, and controlling the organizations resources four key management responsibilities - correct...
Preview 3 out of 28 pages
Add to cartDefinition of Management - correct answer The pursuit of organization goals efficiently and effective by integrating the work of people through planning, organizing, leading, and controlling the organizations resources four key management responsibilities - correct...
organization - correct answer systematic arrangement of people brought together to accomplish some specific purpose. 3 common characteristics of organizations - correct answer every organization has a purpose and is made up of people...
Preview 2 out of 10 pages
Add to cartorganization - correct answer systematic arrangement of people brought together to accomplish some specific purpose. 3 common characteristics of organizations - correct answer every organization has a purpose and is made up of people...
What are the three main types of skills needed by managers? - correct answer Technical, Conceptual and Human or interpersonal managerial skills. Efficiency - correct answer Effectiveness - correct answer ...
Preview 2 out of 14 pages
Add to cartWhat are the three main types of skills needed by managers? - correct answer Technical, Conceptual and Human or interpersonal managerial skills. Efficiency - correct answer Effectiveness - correct answer ...
power - correct answer a person's capacity to influence the behavior and attitudes of others organizational power - correct answer a person's ability to satisfy or deny satisfaction of another's need, based on a formal contractu...
Preview 2 out of 10 pages
Add to cartpower - correct answer a person's capacity to influence the behavior and attitudes of others organizational power - correct answer a person's ability to satisfy or deny satisfaction of another's need, based on a formal contractu...
An _______ works inside an existing organization, sees opportunity for a product or service, and tries to capitalize on it. - correct answer intrapreneur Explain how the Internet can affect companies or activities that depend heavily on the flow of information: - ...
Preview 2 out of 15 pages
Add to cartAn _______ works inside an existing organization, sees opportunity for a product or service, and tries to capitalize on it. - correct answer intrapreneur Explain how the Internet can affect companies or activities that depend heavily on the flow of information: - ...
today's effective managers... (4) - correct answer 1. do more with less 2. engage employees hearts, minds, and energy 3. see change as natural 4. inspire vision and cultural values that allow people to create a collaborative and productive workplace management ...
Preview 3 out of 23 pages
Add to carttoday's effective managers... (4) - correct answer 1. do more with less 2. engage employees hearts, minds, and energy 3. see change as natural 4. inspire vision and cultural values that allow people to create a collaborative and productive workplace management ...
Team - correct answer A small number of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually acceptable What are some characteristics of a team? - correct answer ...
Preview 3 out of 18 pages
Add to cartTeam - correct answer A small number of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually acceptable What are some characteristics of a team? - correct answer ...
Management is... - correct answer getting work done through others efficiently and effectively efficiency - correct answer is getting work done with minimal effort effectiveness - correct answer ...
Preview 1 out of 3 pages
Add to cartManagement is... - correct answer getting work done through others efficiently and effectively efficiency - correct answer is getting work done with minimal effort effectiveness - correct answer ...
List and describe the components of Porter's Strategy typology - correct answer - Michael Porter - Creating Value Competitive Advantage - Value: • Low-Cost Strategy: reduce cost; lean; keep prices low • Differentiation Strategy: product must be unique from c...
Preview 2 out of 13 pages
Add to cartList and describe the components of Porter's Strategy typology - correct answer - Michael Porter - Creating Value Competitive Advantage - Value: • Low-Cost Strategy: reduce cost; lean; keep prices low • Differentiation Strategy: product must be unique from c...
management - correct answer getting work done through others efficiency - correct answer getting work done with a minimum of effort, expense, or waste effectiveness - correct answer accomplishing...
Preview 3 out of 20 pages
Add to cartmanagement - correct answer getting work done through others efficiency - correct answer getting work done with a minimum of effort, expense, or waste effectiveness - correct answer accomplishing...
Chapter 1: Foundations of Management - correct answer Definition of Management - correct answer Attainment of organizational goals in effective and efficient manner thru planning, organizing leading and controlling organizational ...
Preview 3 out of 16 pages
Add to cartChapter 1: Foundations of Management - correct answer Definition of Management - correct answer Attainment of organizational goals in effective and efficient manner thru planning, organizing leading and controlling organizational ...
Management - correct answer is the process of working with people and resources to accomplish organizational goals. Good managers do those things both effectively and efficiently: effective - correct answer to achieve organizationa...
Preview 2 out of 11 pages
Add to cartManagement - correct answer is the process of working with people and resources to accomplish organizational goals. Good managers do those things both effectively and efficiently: effective - correct answer to achieve organizationa...
We communicate best when we - correct answer (1) consider the results we want and (2) adapt our message content, tone, style, and medium to the needs of our audience. What makes a message effective? - correct answer 1. The message ...
Preview 1 out of 4 pages
Add to cartWe communicate best when we - correct answer (1) consider the results we want and (2) adapt our message content, tone, style, and medium to the needs of our audience. What makes a message effective? - correct answer 1. The message ...
Idealist Motivation - correct answer (INNOVATION) Small-business owners who are rewarded by the chance to work on something new and creative. Optimizer Motivation - correct answer (FULFILLMENT) Owners who get personal satisfaction fr...
Preview 3 out of 17 pages
Add to cartIdealist Motivation - correct answer (INNOVATION) Small-business owners who are rewarded by the chance to work on something new and creative. Optimizer Motivation - correct answer (FULFILLMENT) Owners who get personal satisfaction fr...
Strategic management - correct answer Integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage Strategy - correct answer A set of goal-directed actions a firm takes...
Preview 3 out of 16 pages
Add to cartStrategic management - correct answer Integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage Strategy - correct answer A set of goal-directed actions a firm takes...
Management - Getting work done through others Efficiency - Getting work done with minimum effort, expense, or waste Effectiveness - Accomplishing tasks that help fulfill organizational objectives What is the key to an organization's success? - Management Functions of Management - planni...
Preview 3 out of 27 pages
Add to cartManagement - Getting work done through others Efficiency - Getting work done with minimum effort, expense, or waste Effectiveness - Accomplishing tasks that help fulfill organizational objectives What is the key to an organization's success? - Management Functions of Management - planni...
Globalization - correct answer the shift towards a more integrated and interdependent world economy International business - correct answer business transactions between parties from more than one country 2 facets of globalizati...
Preview 3 out of 20 pages
Add to cartGlobalization - correct answer the shift towards a more integrated and interdependent world economy International business - correct answer business transactions between parties from more than one country 2 facets of globalizati...
1.1 Know the perspectives of leadership and their implications. - correct answer Romantic view: leader is the key force determining the organization's success - or lack thereof. External control: external forces - where the leader has limited influence - determi...
Preview 3 out of 17 pages
Add to cart1.1 Know the perspectives of leadership and their implications. - correct answer Romantic view: leader is the key force determining the organization's success - or lack thereof. External control: external forces - where the leader has limited influence - determi...
Define communication - correct answer The process of thoughts, ideas, and feelings with each other in commonly understandable ways One way model - correct answer Communication is viewed as a linear process going from person A and e...
Preview 2 out of 12 pages
Add to cartDefine communication - correct answer The process of thoughts, ideas, and feelings with each other in commonly understandable ways One way model - correct answer Communication is viewed as a linear process going from person A and e...
management - correct answer how a company should be structured to accomplish its goals businesses exist to - correct answer 1. serve the needs of society for g/s 2. use resources productively in creating value for customers/employ...
Preview 3 out of 17 pages
Add to cartmanagement - correct answer how a company should be structured to accomplish its goals businesses exist to - correct answer 1. serve the needs of society for g/s 2. use resources productively in creating value for customers/employ...
Big Projects/ systems require what four things - correct answer 1. Planning (Deciding what needs to be done and how) 2.Organizing (deciding who does what) 3.Leading (Motivating and coaching) 4. Controlling (Monitoring and adjusting) Why should we study managers ...
Preview 2 out of 14 pages
Add to cartBig Projects/ systems require what four things - correct answer 1. Planning (Deciding what needs to be done and how) 2.Organizing (deciding who does what) 3.Leading (Motivating and coaching) 4. Controlling (Monitoring and adjusting) Why should we study managers ...
management - correct answer getting work done through others efficiently and effectively efficiency - correct answer getting work done with a minimum of effort, expense, or waste effectiveness - correct answer ...
Preview 2 out of 12 pages
Add to cartmanagement - correct answer getting work done through others efficiently and effectively efficiency - correct answer getting work done with a minimum of effort, expense, or waste effectiveness - correct answer ...
What makes an industry attractive? (PORTER'S 5 FORCES ARE LOW) - correct answer threat of entry is low threat of substitute products is low intensity of rivalry of existing firms is low bargaining power of suppliers is low or weak buyer power is low What make...
Preview 2 out of 9 pages
Add to cartWhat makes an industry attractive? (PORTER'S 5 FORCES ARE LOW) - correct answer threat of entry is low threat of substitute products is low intensity of rivalry of existing firms is low bargaining power of suppliers is low or weak buyer power is low What make...
organizational behavior - correct answer study of improving attitudes and behaviors in organizations by groups and individuals Human Resource Management - correct answer focus to see how OB principles and theories work within organ...
Preview 2 out of 11 pages
Add to cartorganizational behavior - correct answer study of improving attitudes and behaviors in organizations by groups and individuals Human Resource Management - correct answer focus to see how OB principles and theories work within organ...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.
No, you only buy these notes for $45.99. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
67163 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now