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Management 366 Exam 1 Question and answers rated A+ 2024/2025 $13.99   Add to cart

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Management 366 Exam 1 Question and answers rated A+ 2024/2025

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  • SMGT 366
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  • SMGT 366

Management 366 Exam 1 Question and answers rated A+ 2024/2025 Management 366 Exam 1 4 primary operations in the processing function read, insert, modify, delete four non-routine cognitive skills discussed in the chapter 1 -Abstract reasoning - Systems thinking - Collaboration - Ability...

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  • September 19, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SMGT 366
  • SMGT 366
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Academia199
Management 366 Exam 1
4 primary operations in the processing function
read, insert, modify, delete




four non-routine cognitive skills discussed in the chapter 1
-Abstract reasoning
- Systems thinking
- Collaboration
- Ability to experiment




Abstract Reasoning
Ability to make and manipulate models


-Learn to use and construct abstract
models




Systems Thinking
Ability to model system components, connect inputs, and outputs among
components to reflect structure and dynamics


Ability to discuss, illustrate, critique systems; compare alternative systems;
apply different systems to different situations

,Collaboration
People working together to achieve a
common goal, result, or work product




Ability to Experiment
Make reasoned analysis of an opportunity; develop and evaluate possible
solutions


"I've never done this before."
"I don't know how to do it."
"But will it work?"
"Is it too weird for the market?"


Fear of failure paralyzes many good people and ideas




Management Information Systems
Management and use of Information Systems that help organizations achieve
their strategic goals




Information technology (IT)
Products
Methods
Inventions

, Standards
IT components = Hardware + Software + Data


IT + Procedures + People = Information Systems(IS)




Rapid technological change and increased
international competition:
Requires skills and the ability to adapt
Advantage for people with strong non-routine
cognitive skills


Message: Develop strong non-routine cognitive skills




The Most Important Class in Business?
Information Age
-Production, distribution, control of information primary driver of the economy
Digital Revolution
-From mechanical and analog devices to digital devices


The Most Important Class in Business?
Technology is fundamentally changing business.




Business professionals need to:

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