GMS 200 – Midterm Exam Questions
and Answers | 100% Pass
Ethics - Answer-code of moral principles that set standards of conduct of what is
good and right
Organizations as open system - Answer-composed or interrelated parts that
function together
Line Manager - Answer-Responsible for work ac...
conditions of the general environment, managers are aware of the prevailing philosophy
and objectives of the political party or parties running the government, as well as laws
and government regulations.
Internet Censorship - Answer✔✔-is the deliberate blockage and denial of public
access to information posted on the Internet
Technological Conditions - Answer✔✔-with the development and availability of new
technologies in the general environment, managers need to constantly monitor how
these advances affect the work being done by employees.
Socio-cultural Conditions - Answer✔✔-changes in the norms, customs, and social
values on such matters as human rights, ethics, gender roles, and life styles, along with
environmental trends in education and related social institutions, as well as
demographic patterns all will affect how organizations are managed.
Specific Environment - Answer✔✔-consists of all the actual organizations, groups,
and persons with whom an organization interacts and conducts business.
Stakeholders - Answer✔✔-the persons, groups, and institutions who are affected by
the organization's performance
Competitive Advantage - Answer✔✔-refers to a core competency that clearly sets
and organization apart from competitors and gives it an advantage over them in the
marketplace
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