Are 112 midterm 1 stuvia - Study guides, Class notes & Summaries

ARE 112 Midterm 1 Questions and Answers 100% CorrectARE 112 Midterm 1 Questions and Answers 100% CorrectARE 112 Midterm 1 Questions and Answers 100% Correct bounded rationality -ANSWER- A set of BOUNDARIES or CONSTRAINTS that tend to complicate the rational decision-making process transaction costs -ANSWER- the expenses of negotiating and executing a deal (the cost of completing a sale/purchase) cost of uncertainty -ANSWER- chance that price of an asset will change; unstable stocks or b...

ARE 112 Midterm 1 Questions and Answers 100% VerifiedARE 112 Midterm 1 Questions and Answers 100% VerifiedARE 112 Midterm 1 Questions and Answers 100% VerifiedARE 112 Midterm 1 Questions and Answers 100% VerifiedARE 112 Midterm 1 Questions and Answers 100% VerifiedAlignment issues and solving performance gaps are terms from class related to: a. causes for conflicts b. none of the answers provided are correct c. resolution of conflicts d. incremental changes e. culture from the organizationa...

Alignment issues and solving performance gaps are terms from class related to: a. causes for conflicts b. none of the answers provided are correct c. resolution of conflicts d. incremental changes e. culture from the organizational interaction model - ANSWER-d. incremental changes From class we saw that changes in behavior come from: a. Two of the answers are correct b. Three of the answers are correct c. Values d. Facts e. Norms - ANSWER-d. facts The McKinsey tool we discussed i...

ARE 112 Midterm 1 Questions and Answers 100% Correct ARE 112 Midterm 1 Questions and Answers 100% Correct ARE 112 Midterm 1 Questions and Answers 100% Correctwhy organizations exist? - ANSWER-to achieve goal or set of goals organizations try to ____ goals - ANSWER-optimize or satisfy 10 innovations since WWII - ANSWER-Lesson: all come from organizations 4 steps to organization - ANSWER-1. acquire people and resources 2. organize and harness ingenuity of people 3. respond to social...

bounded rationality -ANSWER- A set of BOUNDARIES or CONSTRAINTS that tend to complicate the rational decision-making process transaction costs -ANSWER- the expenses of negotiating and executing a deal (the cost of completing a sale/purchase) cost of uncertainty -ANSWER- chance that price of an asset will change; unstable stocks or bonds incomplete contracts -ANSWER- When a consumer or seller is not able to maximize the benefits of a transaction because they are not aware of all the fact...

MECE - ANSWER--Mutually Exclusive (each issue is separate & distinct) Collectively Exhaustive (every aspect comes under only one issue) -McKinsey Tool --know all the facts/details -guard against making early selection of solutions before all other facts are known Mother City - ANSWER--Caral, Peru; "mother city" of Incan civilization -complexity and scope -hierarchy of living arrangements -served as a major trade area --> rise of class divisions Transaction Costs - ANSWER--Wil...

Four Types of conflict? - ANSWER-Substautive Emotional functional dysfunctional The scene from babe when farmer hogged was singing, he would be discovered as a... - ANSWER-cheerleader Subsystems in the STS of organizational behavior - ANSWER-Technical Manegerial Structural Physiological Goals and values Driving forces for change - ANSWER-Globalication Competitors Rapid changes in technology Changes in consumer demand Changer in raw material supply Shifts in asymmetric or sy...