Mg101 - Study guides, Class notes & Summaries

MG101 EXAM QUESTIONS WITH 100% CORRECT ANSWERS The management control process involves four steps: - Answer- lish objectives and standards re actual performance re results with objectives and standards corrective action as needed. A cybernetic control system - Answer- is self-contained in its performance-monitoring and correction capabilities. Step 1: Establish objectives and standards - Answer- •Performance objectives should represent key results to be achieved. •Output sta...

MG101 EXAM QUESTIONS WITH ALL CORRECT ANSWERS What goes into distribution decisions? - Answer- anticipate the margin economics, anticipate competitors' reactions, anticipate channel members' reactions, anticipate your own capabilities 2 main problems with distribution decisions - Answer- coordination problems - inventory incentive problems - price vs. volume Economic Value to the Customer (EVC) - Answer- maximum price a customer is willing to pay, based on total life cost, comp...

MG101 Mid Term Exam Questions and Answers All Correct Job satisfaction has a reasonably strait forward relationship with : - Answer- A) intention to stay in the job B) actually staying in the job C) absenteeism D) motivation E) all of the above are correct People with a high need for affiliation tend to not make good managers because they are preoccupied with ______ - Answer- A) initiating personal relationships B) the task at hand C)maintaining persona relationships D) both A and ...

MG101 Chapter 7-8 Test Questions and Answers All Correct According to hierarchy of needs theory, our highest need is for ______ A. Esteem B. Social security C. Self-actualization D. Safety - Answer- C. Self-actualization It's job _________ policy allows Superior Products' employees to move from one job to another on a systemic basis. A. Redesign B. Enlargement C. Enrichment D. Rotation - Answer- D. Rotation T/F when a company downsizes, it lays off workers because reve...

EDMG101 Midterm Examination Question 1 2 / 2 points Which of the following is power that involves true, new, and relevant facts or arguments. Legitimate power Information power Coercive power Referent power Question 2 2 / 2 points What must you do to determine your ability to meet the goals of the LEMA? Conduct a capability assessment and document the capability shortfall. Create a new LEMA. Conduct goal-planning meetings. Determine the risks involved in meeting the goals. Question 3 2 / 2 point...

MG101 Marketing Test Questions with All Correct Answers 8 Buzz-Marketing Success Factors - Answer- 1. Choose buzz-worthy product 2. Choose buzz-prone target segment 3. Identify trendsetters 4. Lure trendsetters with coveted items in short supply 5. Allow buzz to occur 6. Control the buzz 7. Image matters, more so in "placebo" categories 8. Go mainstream without overtly marketing to this segment Creative decision filters for solution brands - Answer- 1. AIDA Framework (Aw...

MG101 Quiz 1 Questions with All Correct Answers How OB differs from social sciences. - Answer- Builds on them but is different because: 1. Integrate knowledge of all and does not focus on one in particular. 2. Goal is not to understand human behavior but to improve performance of organizations. Human capital - Answer- Sum of skills, knowledge, and general attributes of the people in an organization. Skills, knowledge, and capabilities of managers and associates for learning, communicati...

MG101 sample exam questions and answers

EDMG101 Final Exam Complete questions and Answers rated A

edmg101 midterm exam questions and answers