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Exam (elaborations)

EXAM 2 MGT 300 || WITH COMPLETE SOLUTIONS!!

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  • Course
  • MGT 300
  • Institution
  • MGT 300

A situation in which no choice is entirely right is called correct answers An ethical dilemma An externality is a cost (negative) or benefit (positive) that occurs within the direct exchange between an organization and its stakeholders. correct answers F Which of the following is NOT one of t...

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  • August 29, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGT 300
  • MGT 300
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EXAM 2 MGT 300 || WITH COMPLETE SOLUTIONS!!
A situation in which no choice is entirely right is called correct answers An ethical dilemma

An externality is a cost (negative) or benefit (positive) that occurs within the direct exchange
between an organization and its stakeholders. correct answers F

Which of the following is NOT one of the principles used to make principle-based decisions?
correct answers Global principle

Which of the following is NOT an approach to social responsibility? correct answers
Transparent

As communities benefit more from social entrepreneurship, consumers and investors are
becoming more active in supporting and investing in companies that are socially responsible.
correct answers F

The typical type of decision for managers to make is a programmed decision. correct answers
F

Which of the following statements best describes decision making? correct answers Decision
making is a process, not an event

As described in the chapter, what would be a common example of a "root cause" of a
problem? correct answers Body metabolism

Which of the following circumstances would be most appropriate to apply brainstorming as a
group technique for generation alternatives? correct answers Lots of ideas generated, without
judgement of merit

Groupthink is the ability for a team to synthesis their thoughts into a more effective
alternative path. correct answers F

Ranking feedback results is a critical step when applying the Delphi technique. correct
answers F

Choose the following situation where a dialectical inquiry would be most effective. correct
answers A team can not decide between two choices.

Which of the following situations best explains when managers make optimum decision?
correct answers a) When a thorough process of analysis has been conducted
b) As a result of systems-based computer models
c) It is not possible to make an optimum decision
d) None of the above

(d)

Which of the three following factors should managers connect to successful implement a
selected path? correct answers Strategy, people, operations

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