BUSA 1105 FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT
0 view 0 purchase
Course
BUSA 1105
Institution
BUSA 1105
BUSA 1105 FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT
Equity Theory - Answer- Based on perceptions of fairness
The idea that people won't be motivated if they believe that the relationship between what they contribute and what they earn is different from another.
Seek to make their employe...
BUSA 1105 FINAL EXAM
QUESTIONS AND
ANSWERS ALL CORRECT
Equity Theory - Answer- Based on perceptions of fairness
The idea that people won't be motivated if they believe that the relationship between
what they contribute and what they earn is different from another.
Seek to make their employees productive and engaged rather than happy
Emphasize the health and well-being of their employees
Provide generous sabbaticals to their long-serving employees - Answer- Companies
Job Enrichment - Answer- Challenging, creative work will motivate employees to give
their best effort.
Skill variety
Task Identity
Task Significance
Autonomy
Feedback
Strategic Planning - Answer- Establishes a vision for the company by:
Defining long-term objectives and priorities
Determining broad action steps
Allocating resources
Tactical planning - Answer- Applies strategic plans to specific functional areas
Performed by middle management
Scope normally a 1 year time frame
operational planning - Answer- Applies tactical plans to daily, weekly, and monthly
operations
Done by first-line management
Daily, weekly, monthly time frame
, contingency planning - Answer- Planning for unexpected events, usually involving a
range of scenarios and assumptions that differ from the assumptions behind the core
plans.
Strategic Planning Process - Answer- Defining the mission, evaluating competitive
position, setting goals, creating strategies, implementing strategies, evaluating results
and incorporating lessons learned
mission - Answer- Definition of an organization's purpose, values, and core goals
SWOT analysis - Answer- Helps management evaluate an organization in terms of
internal strengths and weaknesses, and external opportunities and threats
strategic goals - Answer- concrete benchmarks that managers can use to measure
performance in each key area of the organization
Strategies - Answer- Action plans that help an organization achieve its goals by forging
the best fit between the firm and the environment
Organization chart - Answer- Visual representation of company's formal structure
organization chart - Answer- Degree of centralization, Span of control,
Departmentalization,
Degree of centralization - Answer- Extent to which decision-making power is held by
small number of people at the top of organization
Span of control - Answer- Number of people a manager supervises
Departmentalization - Answer- Division of workers into logical groups (Functional,
Product, Customer, Geographical, Process)
Organization Models - Answer- Line organization
Line and staff organization
Matrix organization
line organization - Answer- Clear, simple chain of command from top to bottom
line-and-staff organization - Answer- Line managers form the primary chain of authority,
and staff departments work alongside line departments
Matrix Organization - Answer- Flexible structure that brings together specialists from
different areas of the company to work on individual projects on a temporary basis
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
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!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
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.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
