Mgmt 301 - Study guides, Class notes & Summaries

Planning (Definition) correct answers The process of setting performance objectives and determining how to get them done Two types of personal planning (Work Style & Life Style) correct answers Judging and perceiving (you will have a dominant personality) Judging correct answers Very structured, organized, at work and play, straight line Perceiving correct answers Flexible, spontaneous, circle Big Four correct answers Planning, controlling, strategy, structure 4 components of good...

Consider the following project network, with task duration data (in days provided) A1,B4,C2,D2,E7,F1,G2,H3,I1,J1 Which of the following is the completion time for this project? correct answer: 11 days Which two steps in the forecasting process are most likely to get skipped or ignored in practice? correct answer: Validation and monitoring Calculate MAD using the following data. Demand for the past 4 periods was: 342,355,349,348; Forecasts for the past 4 periods was: 347,349,348,348 corr...

Where can structure be applied? correct answers Everywhere Structure Defined correct answers Anything that is composed of parts arranged together in some way Organizing Defined correct answers The arranging of tasks, people, and other resources to accomplish the work. (this requires structure) 3 Parts of Organizing correct answers 1)Work is divided up 2)Resources are arranged 3)Activities are coordinated Example of Structure correct answers In 2001 Google was struggling due to lack...

Why take a class in MGMT? We could list out dozens of reasons to do so. What would you say IS a reason to take a MGMT class? correct answers Opening your own business Easy question, which below is NOT a part of the process of management? correct answers Strategy Amazon, a great river and great company. I wonder how their business model works. You to - thought so. Which below BEST captures their "current" Business Model? correct answers Hybrid business to business/consumer Time for you...

The theory of constraints (also called synchronous manufacturing) suggests that the scheduling of a bottleneck resource should be guided by the capacity of a non-bottleneck resource. correct answers False The choice of which sequencing rule to use in production scheduling does not need to be related to the firms operations strategy. correct answers False Sequencing rules are often used instead of "optimal" job assignments because job shop (batch) production environments are complex and d...

MGMT 301 Exam #3 PSU Verified Questions And Answers 2023/2024 MGMT 301 Exam #3 PSU Verified Questions And Answers 2023/2024

Management - correct answer the pursuit of organizational goals efficiently and effectively by integrating work of people through -planning -organizing -leading -controlling the organizations resources Organization - correct answer group of people who work together to achieve some specific purpose 4 functions of management - correct answer planning organizing leading controlling Level of management - correct answer top managers middle managers first-line managers non-manag...

Mgmt 301 CH 11 Exam Questions With 100% Correct Answers. Fiedler's Contingency Model - answerMatches leadership styles with situational differences HB Situational leadership model - answerMatches leadership styles with maturity of followers House's Path-goal theory - answerMatches leadership styles with task and follower characteristics Fiedler's contingency model - answerBelieved Leadership style is strongly rooted in our personalities, i.e. hard to change Fiedler's Contingency Mod...

A company's ______ is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business. - ANSWER strategy What is the primary cause of failure for strategic initiatives? - ANSWER Improper execution The extent to which your personality and values match the climate and culture in an organization is referred to as person-______ fit. - ANSWER organization Which of these would be considered observable artifacts in an organization? (Choose ...

ch 11 mgmt 301 with 100% correct answers | verified | latest update 2024