Mgmt 310 Study guides, Class notes & Summaries

1. Which of the following would improve ROE? a. Decreasing cost of goods sold while maintaining current level of sales b. Increasing sales and increasing interest expense by the same amount c. Issuing common equity to the market d. Decreasing gross margin e. There is insufficient information provided correct answers a. Decreasing cost of goods sold while maintaining current level of sales 2. You are comparing financial statements of a firm to the pro forma statement for next year. The ...

MGMT 310 Exam 1 Questions And Answers (Verified And Updated) Organization - answera collection of people who work together and coordinate their actions to achieve individual and organizational goals organizational behavior - answerprovides a set of tools that allow people to: understand, analyze and describe behavior; managers to improve, enhance or change work behaviors so that individuals, groups and the whole org can achieve their goals three levels of organizational behavior - answeri...

Which of the following is an advantage of a team structure? correct answers It empowers employees and makes them more involved In which of the following organizational designs is there a greater likelihood of task and personality conflicts? correct answers project structures In which of the following organizational designs are employees most likely to experience communication difficulties? correct answers boundaryless structures A dual chain of command is the key characteristic of the c...

Which of the following statements regarding survival rates of entrepreneurial firms in the United States is correct? correct answers As high as 50 percent after four years Cody Rodgers is the founder of a company named Extreme Sports Apparel. The company makes apparel products for extreme sports enthusiasts such as rock climbers, triathletes, skateboarders, and BMX bikers. Cody wants his company to pursue a high level of corporate entrepreneurship. To achieve that goal, Cody's firm should be...

Which of the following is an advantage of a strong culture? correct answers A strong culture has been linked to better levels of performance Which of the following statements is a downside of unrelated diversification strategy? correct answers It can open a firm to higher levels of risk and uncertainty. Rivalry among existing competitors is more intense when? correct answers industry growth is slow Economies of scale arise. correct answers when a firm manufactures products in high volum...

barriers to entry correct answers obstacles a firm may face while trying to enter a market or an industry supply-side economies of scale correct answers - Arise when a firm manufactures products in high volumes; the large volume results in a lower production cost - Lower cost deters entry since new firms won't be able to generate the same production scale at the time of entry demand-side economies of scale correct answers - Arise in situations where the buyers' willingness to pay for ...

What are the pillars of management? correct answers -Strategic Position -Organizational Design -Individual Leadership Management correct answers Working with and through a group of people to accomplish a desired goal or objective, and doing it in an efficient and effective manner Leadership correct answers The ability to drive and change innovation through inspiring and motivating your employees What is the difference between leadership and management? correct answers Managers plan ...

Motivation correct answers set of energetic forces that originates both within and outside an employee What is motivation's relationship with engagement? correct answers engaged employees will invest themselves and their energies into their job direction of effort correct answers what employees do at a given moment; direction in which their effort is channeled intensity of effort correct answers how hard you are working on something persistence of effort correct answers how long you...

A firm's strategic choices and leadership approaches need to A)adapt and change to retain their relevance. B)steer clear of cultural and socioeconomic influences. C)be rigid and concrete to be effective. D)be independent of each other. - A)adapt and change to retain their relevance. A popular acronym that captures the context in which today's organizations compete is A)CAVY. B)CACU. C)VICA. D)VUCA. - D)VUCA. Which of the following actions is more likely to be taken by a manager rathe...