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MGMT 310 Exam 1 VCU questions well answers graded A+
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MGMT 310 Exam 1 VCU questions well answers graded A+
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MGMT 310 Exam 1 VCUWhat contributes to uncertainty (i.e. the VUCA environment)? - correct answer ✔✔Lack of knowledge
about significance of change
Theories of Management - correct answer ✔✔- Scientific Management
- Human Relations Movement
- Contingent View
Scientific Management - correct answer ✔✔Applying scientific principles to maximize efficiency
Human Relations Movement - correct answer ✔✔Focusing on the relationships among people in
organizations
Contingent View - correct answer ✔✔Creating fit with the environment
What contributed to Globalization? - correct answer ✔✔The integration and interdependence of
economic, technological, sociocultural, and political systems across diverse geographic regions.
What are the various layers of an organization's environment? - correct answer ✔✔-Global Environment
-General environment
-Task environment
-Internal environment
General environment - correct answer ✔✔-Includes the technological, economic, political/legal, and
sociocultural dimensions that affect a firm's external environment.
Technological dimension - correct answer ✔✔The processes, technologies, or systems that a firm can
use to produce outputs.
, Economic dimension - correct answer ✔✔The general economic environment (e.g., GDP, inflation, and
unemployment) in the markets where the firm performs activities.
Political dimension - correct answer ✔✔Refers to the political events and activities in a market that
affect a firm.
Sociocultural dimension - correct answer ✔✔Demographic characteristics as well as the values and
customs of a society.
Task environment - correct answer ✔✔Includes entities that directly affect a firm on a constant basis and
include competitors, suppliers, and customers.
Internal environment - correct answer ✔✔A group of parties or factors that directly impact a firm,
including owners, the board of directors, employees, and culture.
A firm's general environment represents the - correct answer ✔✔primary external forces that affect a
firm.
Leadership Skills - correct answer ✔✔- Conceptual Skills
-Interpersonal skills
-Technical skills
Conceptual Skills are mostly used by - correct answer ✔✔Top executives
Interpersonal skills are mostly used by - correct answer ✔✔Middle Manager
Technical skills are mostly used by - correct answer ✔✔Frontline supervisor
management - correct answer ✔✔The act of working with and through a group of people to accomplish
a desired goal or objective in an efficient and effective manner.
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