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GMS 200 Final Exam Questions And Correct Answers Graded A+
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GMS 200 Final Exam Questions And Correct AnswersGraded A+ 2024-2025
social business innovation - Answer The use of micro-credit lending to help form small
enterprises and combat poverty.
social entrepreneurship - Answer social entrepreneurs are individuals with innovative
solutions to society's most pressing social problems
What is the motivation equation that was created by Victor Vroom? - Answer M = E x I x V
sustainable innovation - Answer creation of new products and processes that have lower
environmental impacts than the available alternatives
green innovation - Answer the process of turning ideas into innovations that reduce the
carbon footprint of an organization or its products
disruptive innovation - Answer - helps create a new market and value network by
eventually disrupting an existing market and value network
- coined by Clayton Christensen
5 Steps in Gary Hamel's Wheel of Innovation - Answer I.D.E.A.S.
I.D.E.A.S. - Answer - imagining
- designing
- experimenting
- assessing
- scaling
, The wheel of innovation was developed by -Answer Gary Hamel
3 phases of planned organizational change and the force field analysis were developed
by -Answer Kurt Lewin
3 phases of planned organizational change -Answer unfreeze
freeze
refreeze
At what stage does it ensure that the employees are ready for change? -Answer unfreeze
stage
At which stage does the change stage occur or where the intended change is executed?
-Answer freeze stage
What does refreeze stage? - Answers the change is made permanent
organizational development - Answers a system-wide approach to planned organizational
change in which behavioural science is applied in a systematic and long-range effort to
improve organization effectiveness
steps in the action research process - Answers - data gathering
- data analysis and feedback
- action planning
- action implementation
- evaluation and follow-up
4 types of teams - Answer - problem solving, self managed, cross functional, virtual
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