GMS 200 Final Exam Questions and Correct Answers the Latest Update and Recommended Version
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Course
GMS 200
Institution
GMS 200
Intellectual Capital
→ The shared knowledge of a workforce
Globalization
→ The tedency of businesses and technologies to spread throughout the world
Shamrock 3 Leaves
→ The 3 leaves of almost each and every organization are full time workers, contract
workers and aprs-time workers
Por...
→ When a business creates new products and production methods that have reduced
environmental impacts
Specific Environment
→ Also called task environment, consists of the actual organizations, committees, groups
and persons with whom a business interacts with and conducts business with
Value Creation
→ The creation for value for satisfying needs for stakeholders
Strategic Positioning
→ Helping an organization do same things as other business but in different ways
Environmental Uncertainty
→ A lack of information for the external environment of a business or an organization
Manager
→ A person who supports, activates and is responsible for the work of others
Top Manager
→ Guide the performance of the organization as a whole
Middle Manager
→ These are the managers who report to the top managers who are in charge of large
divisions
→ Directly contribute to producing the organizations goods or services
Staff Manager
→ Use special technical expertise to advise and support line workers
Functional Managers
→ Are responsible for one area
General Managers
→ Are responsible for complex, multifunctional units
Admins
→ A manager in a public organization
Accountability
→ The requirement to show performance results to a superior
Effective Manager
→ Helps others achieve high performance and satisfaction at work
Quality of Work Life
→ the overall quality of experiences in the workplace
Management
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