GMS 200 Final Exam | Questions And Answers Latest {2024- 2025} A+ Graded | 100%
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Intellectual Capital - The shared knowledge of a workforce
Globalization - The tedency of businesses and technologies to spread throughout the world
Shamrock 3 Leaves - The 3 leaves of almost each and every organization are full time workers, contract
workers and aprs-time workers
Portfolio Worker - Someone who has up-to-date skills so they can move from job to job
Productivity - The quantity and quality go work performance
Performance Effectiveness - The output measure of goal accomplishment
Performance Efficiency - An input measure of resource cost associated with goal accomplishment
Sustainable Innovation - When a business creates new products and production methods that have
reduced environmental impacts
Specific Environment - Also called task environment, consists of the actual organizations, committees,
groups and persons with whom a business interacts with and conducts business with
Value Creation - The creation for value for satisfying needs for stakeholders
Strategic Positioning - Helping an organization do same things as other business but in different ways
Environmental Uncertainty - A lack of information for the external environment of a business or an
organization
, Manager - A person who supports, activates and is responsible for the work of others
Top Manager - Guide the performance of the organization as a whole
Middle Manager - These are the managers who report to the top managers who are in charge of large
divisions
Line Manager - Directly contribute to producing the organizations goods or services
Staff Manager - Use special technical expertise to advise and support line workers
Functional Managers - Are responsible for one area
General Managers - Are responsible for complex, multifunctional units
Admins - A manager in a public organization
Accountability - The requirement to show performance results to a superior
Effective Manager - Helps others achieve high performance and satisfaction at work
Quality of Work Life - the overall quality of experiences in the workplace
Management - process of planning, organizing, leading and controlling the use of resources to
accomplish performance goals
Planning - The process of setting objectives and determining what should be done to accomplish them
Organizing - Arranging tasks, people and other resources to accomplish the work
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