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ADMN 232 MidTerm QUESTIONS AND ANSWERS
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ADMN 232 MidTerm QUESTIONS AND ANSWERS
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ADMN 232 MidTerm2 types of conflict - questions and answers-A-type and C-type
2 types of cooperative contracts - questions and answers-Licensing - an agreement in which a
domestic company, the licencor, receives royalty payments for allowing another company, the
licensee to produce the licencor's product, sell its service, or use its brand name in a specified
foreign market
Franchising - a collection of networked firms in which the manufacturer or marketer of a product
or service, the franchiser, licenses the entire business to another person or organization, the
franchisee
2 types of lower management operational plans - questions and answers-Single use and
standing plans
2 types of political risk - questions and answers-Political uncertainty
Policy uncertainty
3 considerations when going global - questions and answers-Access to growing markets
Choosing a location
Minimizing political risk
3 levels of organizational culture - questions and answers-1. observable artifacts (seen)
2. espoused values (heard)
3. basic assumptions (believed)
3 major roles of a manager and the 10 subroles - questions and answers-1)Interpersonal
(Figurehead, Liaison, Leader)
2)Informational (Monitor, Disseminator, Spokesperson)
3)Decisional (Negotiator, Entrepreneur, Resource Allocator, Disturbance handler)
3 methods to prepare workers for international assignments - questions and
answers-Documentary training
Cultural simulations
Field experience
3 phases and 6 stages of moral development - questions and answers-Stage 1:
Preconventional (Punishment & Obedience, Instrumental exchange)
Stage 2: Conventional (Good Boy Nice Girl, Law & Order)
Stage 3: Post conventional (Social contract, ultilitarian principle)
3 pitfalls of planning - questions and answers-Impedes change, creates a false sense of
security, allows planners to plan things they don't understand
, 3 skills managers need - questions and answers-technical, interpersonal, conceptual
3 steps managers take to make sense of their environment - questions and
answers-Environmental scanning
Interpreting environmental factors
Acting on threats/opportunities
3 strategies to minimize/adapt to political risk - questions and answers-Avoidance
Control
Co-operation
3 top manager plan types - questions and answers-Strategic plans, mission statement, vision
statement
3 types of control - questions and answers-Feedforward control, Concurrent control, and
Feedback control
3 types of standing plans - questions and answers-policy, procedure, rule
4 approaches of management - questions and answers-Operations, Information, Systems,
Contingency
4 Aspects of General Environment - questions and answers-PETS: Political, Economic,
Technological, Sociocultural
4 benefits of planning - questions and answers-intensified effort, persistence, direction, and
creation of task strategies
4 functions of management - questions and answers-planning, organizing, leading, controlling
4 kinds of managers - questions and answers-top managers, middle managers, first-line
managers, team leaders
4 perspectives of balanced scorecard - questions and answers-financial, customer, internal
business, learning and growth
4 phases of going domestic to global - questions and answers-Exporting
cooperative contracts
Strategic alliances
wholly owned affliates
4 principles of scientific management - questions and answers-1. Develop a science for each
element of a man's work, which replaces the old rule-of-thumb method
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