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GMS 200 EXAM Questions and Correct Answers the Latest Update and Recommended Versionw $12.49   Add to cart

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GMS 200 EXAM Questions and Correct Answers the Latest Update and Recommended Versionw

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  • Course
  • GMS 200
  • Institution
  • GMS 200

Intellectual Capital → the collective brain power or shared knowledge of a workforce Knowledge Workers → Workers whose intelligence is a critical asset to employers Glass Ceiling Effect → an invisible barrier limiting career advancement of minorities Globalization → the world interde...

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  • October 19, 2024
  • 29
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GMS 200
  • GMS 200
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2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!


GMS 200 EXAM Questions and Correct
Answers the Latest Update and
Recommended Versionw

Intellectual Capital

→ the collective brain power or shared knowledge of a workforce


Knowledge Workers

→ Workers whose intelligence is a critical asset to employers


Glass Ceiling Effect


→ an invisible barrier limiting career advancement of minorities


Globalization

→ the world interdependence of resource flows, product markets, and business conditions


Organization

→ a collection of people working together to achieve a common purpose


Productivity


→ the quantity and quality of work performance relative to the cost of inputs


Performance Effectiveness

→ An output measure of task or goal accomplishment


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Performance Efficeincy

→ An input measure of resource cost associated with goal accomplishment


General Environment

→ composed of economic, legal-political, technological, socio-cultural, and natural
environment conditions


Sustainable Business


→ A business that both meets customer needs and protects the well being of the
environment


Sustainable Innovation

→ New products and production methods that have reduced impact on the environment


Specific Environment

→ people and groups with whom the organization interacts


Stakeholders


→ persons, groups, and institutions directly affected by an organization


Competitive Advantage

→ something an organization does extremely well, a core competency that sets it apart
from competitors
→ which can be achieved through costs, quality, delivery, and flexibility


Environmental Uncertainty




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, 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!

→ the lack of complete information about the environment


Organizational Effectiveness


→ sustainable high performance in using resources to accomplish mission and objectives


Manager

→ A person in an organization who directly supports,supervises, and helps activate the
work efforts and performance of others


Top Managers

→ Managers responsible for performance of an organization as a whole or for one of its
larger parts


Middle Managers

→ Managers in charge of relatively large departments or divisions


Supervisors

→ Managers in charge of a small work group of non-managerial workers


Line Managers

→ Managers responsible for work activities that directly affect organization's outputs


Staff Managers


→ Managers that use technical expertise to advise and support the efforts of line workers


Functional Managers



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