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[Show more]MGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
Henry Mintzberg's Five P'S for Strategy 
PLAN= consciously intended course action 
 
PLAY= specific manoeuvre to outwit opponents 
 
PATTERN = pattern in a stream of actions 
 
POSITIONS= position in relation to the organisatio...
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Henry Mintzberg's Five P'S for Strategy 
PLAN= consciously intended course action 
 
PLAY= specific manoeuvre to outwit opponents 
 
PATTERN = pattern in a stream of actions 
 
POSITIONS= position in relation to the organisatio...
LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
 
3PL (Third-Party Logistics) 
A company that offers one or more logistics services to shippers, the most common being transportation management, freight forwarding, warehouse management, and light manufacturing. 
...
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3PL (Third-Party Logistics) 
A company that offers one or more logistics services to shippers, the most common being transportation management, freight forwarding, warehouse management, and light manufacturing. 
...
LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
economic utility (4 types) & the goal 
the usefulness of something on fulfilling customer needs/wants 
goal: customer satisfaction 
possession utility 
the value that comes from a customer being able to take posses...
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economic utility (4 types) & the goal 
the usefulness of something on fulfilling customer needs/wants 
goal: customer satisfaction 
possession utility 
the value that comes from a customer being able to take posses...
MGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
purpose of strategic analysis 
- revel threats and opportunities 
- challenge and move away from outdated strategies 
- help create effective new strategies 
Strategic Management Definition 
- setting objectives for an organisation 
...
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purpose of strategic analysis 
- revel threats and opportunities 
- challenge and move away from outdated strategies 
- help create effective new strategies 
Strategic Management Definition 
- setting objectives for an organisation 
...
MGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
Which of the following is not (according to the textbook) a potential disadvantage of the 'shareholder model of governance' dominant in stock-market listed companies? 
 
a. Weak monitoring can allow CEOs to empire-build in wa...
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Which of the following is not (according to the textbook) a potential disadvantage of the 'shareholder model of governance' dominant in stock-market listed companies? 
 
a. Weak monitoring can allow CEOs to empire-build in wa...
MGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
Which of the following is not part of how Mintzberg characterises strategy? 
a) A firm's deliberately intended course of action 
b) The pattern observable in a firm's actions over time 
c) A firm's repeatable, systematic pro...
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Which of the following is not part of how Mintzberg characterises strategy? 
a) A firm's deliberately intended course of action 
b) The pattern observable in a firm's actions over time 
c) A firm's repeatable, systematic pro...
MGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
Which aspects of an organization's physical space encourage open communication? 
Open space, live plants, music 
Which of the following statements best expresses the goal of communication? 
The goal of communication is to develop ...
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Which aspects of an organization's physical space encourage open communication? 
Open space, live plants, music 
Which of the following statements best expresses the goal of communication? 
The goal of communication is to develop ...
MGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
Henry Mintzberg's 5 Ps for Strategy: 
- PLAN 
- PLOY 
- PATTERN 
- POSITIONS 
- PERSPETIVE 
Definition: Strategic Management: 
Setting objectives for the organisation, planning and implementing the necessary changes and measurin...
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Henry Mintzberg's 5 Ps for Strategy: 
- PLAN 
- PLOY 
- PATTERN 
- POSITIONS 
- PERSPETIVE 
Definition: Strategic Management: 
Setting objectives for the organisation, planning and implementing the necessary changes and measurin...
MGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
Environement lead (intro to strat mgmt) 
adapting to external opportunities and threats 
Resource lead (intro to strat mgmt) 
exploring unique and valuable resources 
Proactive strat (intro to strat mgmt) 
new markets, products or se...
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Environement lead (intro to strat mgmt) 
adapting to external opportunities and threats 
Resource lead (intro to strat mgmt) 
exploring unique and valuable resources 
Proactive strat (intro to strat mgmt) 
new markets, products or se...
LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
Logistics management deals with the forward, and not the reverse, movement of material through the supply chain.. 
false 
What has been the biggest enabler of innovation in logistics management during the past thre...
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Logistics management deals with the forward, and not the reverse, movement of material through the supply chain.. 
false 
What has been the biggest enabler of innovation in logistics management during the past thre...
LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
Logistics management is the part of ___ _____ management that plans, implements, and controls the efficient, effective forward and reverses flow and storage of goods, services and related information between the poin...
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Logistics management is the part of ___ _____ management that plans, implements, and controls the efficient, effective forward and reverses flow and storage of goods, services and related information between the poin...
LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
supply chain management 
a management system that coordinates and integrates all of the activities performed by supply chain members into a seamless process, from the source to the point of consumption, resulting i...
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supply chain management 
a management system that coordinates and integrates all of the activities performed by supply chain members into a seamless process, from the source to the point of consumption, resulting i...
LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
Inventory 
the goods or materials that a business holds for resale or production. 
Supply chain 
the sequence of processes involved in the production and distribution of a commodity. 
Freight forwarding 
arranging ...
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Inventory 
the goods or materials that a business holds for resale or production. 
Supply chain 
the sequence of processes involved in the production and distribution of a commodity. 
Freight forwarding 
arranging ...
LOGISTICS MANAGEMENT VOCABULARY 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
Batch number 
número de lote 
Allocate 
asignar 
Bill of Lading B/L 
conocimiento de embarque 
Bulk 
a granel 
Bulk procurement 
adquisición a granel
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Batch number 
número de lote 
Allocate 
asignar 
Bill of Lading B/L 
conocimiento de embarque 
Bulk 
a granel 
Bulk procurement 
adquisición a granel
MGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
Inflation is assumed to be a temporary problem that does not affect financial decisions. 
false 
What should be the primary goal of financial management? 
Maximizing shareholder wealth 
Real capital is composed of long-term plant a...
Preview 1 out of 2 pages
Add to cartMGMT344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
 
Inflation is assumed to be a temporary problem that does not affect financial decisions. 
false 
What should be the primary goal of financial management? 
Maximizing shareholder wealth 
Real capital is composed of long-term plant a...
LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
economic utility (4 types) & the goal 
the usefulness of something on fulfilling customer needs/wants 
goal: customer satisfaction 
possession utility 
the value that comes from a customer being able to take possessi...
Preview 2 out of 9 pages
Add to cartLOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
economic utility (4 types) & the goal 
the usefulness of something on fulfilling customer needs/wants 
goal: customer satisfaction 
possession utility 
the value that comes from a customer being able to take possessi...
LOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
What is considered the most important responsibility a logistics manager has to customers? 
order fulfillment 
 
The logistics manager must coordinate several activities that ultimately lead to completing the custome...
Preview 1 out of 2 pages
Add to cartLOGISTICS MANAGEMENT 344 QUESTIONS AND ANSWERS A+ GRADED .Buy Quality Materials! 
 
What is considered the most important responsibility a logistics manager has to customers? 
order fulfillment 
 
The logistics manager must coordinate several activities that ultimately lead to completing the custome...
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