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GMS 200 Final Exam with Questions Passed 100%

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GMS 200 Final Exam with Questions Passed 100%

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  • September 19, 2024
  • 27
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GMS
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KenAli
GMS 200 Final Exam with
Questions Passed 100%
All of the following concepts accurately describe the redefinition of careers in the new economy EXCEPT:

A. Guaranteed long-term employment.

B. Flexibility.

C. Entrepreneurship.

D. Free agency.

E. Skill portfolios. - ✔✔A



The ultimate foundation of organizational performance is __________.

A. The availability and amount of financial capital.

B. The production of quality goods or the provision of quality services.

C. What people know, what people learn, and what people do with what they know and learn.

D. Computer-based technology.

E. Inspirational and transformational leadership. - ✔✔C



__________ is the collective brainpower or shared knowledge of a workforce that can be used to create
value.

A. Managerial expertise.

B. Intellectual capital.

C. A learning organization.

D. Knowledge management.

E. Managerial competency. - ✔✔B

,Someone whose mind is a critical asset to employers and who adds to the intellectual capital of
the organization is a(n) __________.

A. Administrator.

B. Top-level manager.

C. Functional manager.

D. Information competent manager.

E. Knowledge worker. - ✔✔E



Having a successful career in the new economy requires a person to __________.

A. Be willing to achieve greater personal competency and accomplishment.

B. Have a variety of personal experiences working in foreign countries.

C. Be a self-starter and willing to continuously learn.

D. A and B.

E. A and C. - ✔✔E



__________ is the worldwide interdependence of resource flows, product markets, and business
competition that characterizes the new economy

A. Economic internationalization.

B. International management.

C. Globalization.

D. World interdependence.

E. Cross-cultural business. - ✔✔C



Which of the following statements accurately describes the impact of the global economy?
A. The world is increasingly arranged in regional economic blocks.

B. Government leaders in our global economy are concerned about the competitiveness of nations.

C. The national boundaries of business are disappearing.

D. All of the above.

E. None of the above. - ✔✔D

, In a(n) __________, countries and peoples are increasingly interconnected with respect to labour
markets and business dealings.

A. Ethical world.

B. Globalized world.

C. Ethnocentric world.

D. Socially responsible world.

E. Ethnically diverse world. - ✔✔B



__________ and __________ help organizations of all types and sizes, locally and internationally, to
speed transactions and improve decision making.

A. The United Nations } computers.

B. The United States Department of Commerce }the World Trade Organization.

C. The Internet } information technology.

D. Information technology } a diverse workforce.

E. Globalization } ethics. - ✔✔C



Which of the following statements does NOT describe an implication of technology for the new
economy?

A. Technology is an indispensable part of everyday operations in all types of businesses.

B. Computer literacy must be mastered and continuously updated as a foundation for career success.

C. In virtual space, people in remote locations can hold meetings, share information and files,
make plans, and solve problems together.

D. The demand is increasing for knowledge workers with the skills to effectively utilize technology.

E. Work in most organizations will still be the same even with computers and high technology. - ✔✔E



Several technological trends are occurring in the new economy. Which of the following is NOT one of
these trends?

A. The Internet, World Wide Web, computers, and information technology have transformed and
continue to transform the modern workplace.

B. The demand for knowledge workers with the skills to utilize technology to full advantage is increasing.

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