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GMS 200 EXAM QUESTIONS AND ACCURATE ANSWERS
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GMS 200 EXAM QUESTIONS AND ACCURATEANSWERS 2024-2025
Intellectual Capital Answer the collective brain power or shared knowledge of a workforce
Knowledge Workers Answer Workers whose intelligence is a critical asset to employers
Glass Ceiling Effect Answer an invisible barrier limiting career advancement of minorities
Globalization Answer the world interdependence of resource flows, product markets, and
business conditions
Organization Answer a collection of people working together to achieve a common
purpose
Productivity - Answer the quantity and quality of work performance relative to the cost of
inputs
Performance Effectiveness - Answer An output measure of task or goal accomplishment
Performance Efficeincy - Answer An input measure of resource cost associated with goal
accomplishment
General Environment - Answer composed of economic, legal-political, technological,
socio-cultural, and natural environment conditions
Sustainable Business-Answer A business that both meets customer needs and protects
the well being of the environment
,Sustainable Innovation-Answer New products and production methods that have reduced
impact on the environment
Specific Environment-Answer people and groups with whom the organization interacts
Stakeholders-Answer persons, groups, and institutions directly affected by an
organization
Competitive Advantage - Answer something an organization does extremely well, a core
competency that sets it apart from competitors
which can be achieved through costs, quality, delivery, and flexibility
Environmental Uncertainty - Answer the lack of complete information about the
environment
Organizational Effectiveness - Answer sustainable high performance in using resources
to accomplish mission and objectives
Manager - A person in an organization who directly supports, supervises, and helps
activate the work efforts and performance of others
Top Managers - Answer Managers responsible for performance of an organization as a
whole or for one of its larger parts
Middle Managers - Answer Managers in charge of relatively large departments or
divisions
Supervisors - Answer Managers in charge of a small work group of non-managerial
workers
, Line Managers- Managers responsible for work activities that directly affect
organization's outputs
Staff Managers- Managers that use technical expertise to advise and support the efforts
of line workers
Functional Managers- Managers responsible for a single area of activity
General Managers- managers responsible for more complex units that include many
functional areas
Management - Answer process of planning, organizing, leading, and controlling the use
of resources to accomplish goals
Leading - Answer The process of arousing enthusiasm and inspiring efforts to achieve
goals
Useful Information - Answer Information that is timely, high quality, complete, relevant,
and understandable
Information Technology - Answer Application of computers and telecom equipment to
store, retrieve, transmit, an manipulate data
Business Intelligence - Answer informations systems tap to extract and report data in
organized ways helpful to decision makers
Management Information Systems - Answer uses IT to collect, organize and distribute
data for use in decision making
Problem Solving - Answer the process of identifying and taking action to resolve
problems
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