Mgmt 309 Study guides, Class notes & Summaries

TAMU MGMT 309 EXAM #1 1. Organization: - A structured group working collaboratively to achieve specific goals. 2. Human Resources: - Involves managing talent; includes hiring, training, and firing. 3. Financial Resources: - Focuses on capital investments that support the organization's operations. 4. Physical Resources: - Comprises raw materials, facilities, and equipment necessary for production. 5. Information Resources: - Usable data and information, such as customer databases...

MGMT 309 Exam 2 TAMU All Answers Graded A+ Decision Making - Definition: Choosing from alternatives. - Importance: - Cornerstone of the planning process. - Catalyst that drives planning. - Underpins every aspect of goal setting and plan formulation. Planning - Definition: The method of achieving organizational goals. - Characteristics: - Every organization engages in planning, but the approach varies. - Plans exist within an environmental context. - Goals require corresponding plans for achi...

MGMT 309 Exam 2- Wesner Graded A+ Decision Making - Definition: The cornerstone of planning and a catalyst for the planning process; it underlies the formulation and implementation of all plans. Planning - Context: Occurs within the environmental context, guided by the organization’s mission, which includes: - Purpose - Premises - Values - Directions Hierarchy of Goals and Plans - Hierarchy: - Strategic Goals → Strategic Plans → Tactical Goals → Tactical Plans → Operational ...

TAMU MGMT 309 Exam 4 (Wesner) Graded A+ Key Concepts in Management Psychology Psychological Contract - Definition: The expectations held by an individual regarding their contributions to the organization and what the organization will reciprocate. Contributions and Inducements - Contributions: What individuals provide to the organization (e.g., effort, ability, loyalty, skills, time, competencies). - Inducements: What the organization offers in return (e.g., rewards, recognition, benef...

MGMT 309 - Chapter 5 Exam Questions With 100% Correct Answers 2020/2025 Which of the following terms refers to the process by which two or more parties meet to try to reach an agreement regarding conflicting interests? negotiation Which of the following is most likely to be a reason for ineffective international business negotiations? differences in cultural values and problem-solving techniques For long-term positive relations, the goal of negotiation should most likely be to _____...

MGMT 309 Final Exam - Questions and Answers Corporate-Level Strategies Set of strategic alternatives organization chooses from while it manages operations simultaneously across several industries or markets. Diversification Strategy Part of Corporate-Level Strategies and refers to the number of businesses an organization engages in and extent of relatedness in businesses A. Single- Product Strategy: Only having one product and sells in one geographic market B. Related Diversification: Organiz...

MGMT 309 Exam 3 Wesner Questions with 100% Verified Correct Answers 2024/2025 What is the focus of technostructural activities? - Correct Answer - subcategory of Organizational Development - concerned with the design of the organization, the technology of the organization, and the interrelationship of design and technology with people on the job Structural Change - Correct Answer increase in decentralization, job design change Technological Change - Correct Answer change involving modifi...

MGMT 309 Final Exam Wesner Spring 22 Questions And Answers Latest Update

MGMT 309 Final Exam - Review - TAMU

MGMT 309 Final TAMU (Wesner) Functions of Management ️ - Planning and Decision Making: Setting goals and deciding how to achieve them. Decision making involves selecting a course of action from alternatives. This helps managers allocate time and resources efficiently. - Organizing: Coordinating people and resources to implement plans, determining how activities and resources are grouped. - Leading: Processes used to motivate and direct members of the organization toward achieving or...