Mgmt 310 Study guides, Class notes & Summaries

MGMT 310 Midterm - KU 2024 Questions and Answers Already Passed Relish Inc. is a fruit juice manufacturing company. The company ensures that raw materials are fully utilized. It also makes sure that minimal waste is produced. The juice extracting and packaging units of the company are designed in such a way that the quality of its products is maintained with minimal costs. Relish is involved in achieving _____. a. efficiency b. effectiveness c. autonomy d. power efficien...

MGMT 310 Chapter 11 | Questions with 100% Correct Answers In the workplace, managing diversity involves Blank______. (Check all that apply) recognizing common characteristics of groups while dealing with employees' differences to the firm's advantage recruiting, training, promoting, and utilizing individuals with different beliefs, capabilities, and cultures True or false: Today, jobs that were once considered male-only positions are now open to and occupied by an increasing number of women....

Molly heads a large company that has just experienced a major brain drain. She immediately increases compensation to new employees and gives each employee with over 10 years experience an extra 3 days of paid vacation per year. This is an example of: correct answers reactive HR strategy Which of the following is LEAST important when determining which HR strategies will positively impact a firm's performance? correct answers Overall cost leadership strategy Salaried employees are also know...

Pros & Cons of using teams correct answers Good: increased customer satisfaction; improved product and service quality; employee job satisfaction; increased speed & efficiency in product development; share the benefits of group decision making. Bad: initially high turnover and social loafing; share the disadvantages of group decision-making - Groupthink: members feel the pressure not to disagree with each other - Minority domination: one or two people dominate team discussion Use teams w...

1. Which of the following is NOT a component of behavior modeling? a. Learning points b. Practice and role-play c. Decisional emulation d. Feedback and reinforcement correct answers c. Decisional emulation 2. Developmental purposes of performance appraisal include all of the following EXCEPT: a. recognizing individual performance. b. validating selection procedures. c. improving communication. d. identifying strengths and weaknesses. correct answers d. identif...

first function of management; not an informal or haphazard response to a crisis; a purposeful effort that is directed and controlled by managers and often draws on the knowledge and experience of employees at all levels; conscious, systematic process correct answers planning 1. situational analysis 2. generate alternative goals and plans 3. evaluate goals and plans 4. select goals and plans 5. implement the goals and plans 6. monitor and control performance correct answers steps of plann...

Relish Inc. is a fruit juice manufacturing company. The company ensures that raw materials are fully utilized. It also makes sure that minimal waste is produced. The juice extracting and packaging units of the company are designed in such a way that the quality of its products is maintained with minimal costs. Relish is involved in achieving _____. a. efficiency b. effectiveness c. autonomy d. power correct answers efficiency Paul works at a graphic designing firm. He can efficiently ...

How Business operate V U C A correct answers Volatility Uncertainty Complexity Ambiguity In management, after you find your strategy, what is the second most important thing correct answers developing and aligning the organizational components what are some organizational components correct answers performance HR Practice Culture Organizational design Define Organization correct answers A group of people who work together to achieve a common goal or perspective ...

To build contextual intelligence, a manager should not: A. Map stakeholder relationships B. Stay attuned to trend C. Develop an awareness of history D. Seize firsthand experience correct answers A. Map stakeholder relationships Nathan works at GoDrive Rentals, a car rental company. His job involves motivating and developing the company's sales teams as well as working with senior executives in developing and refining the company's marketing and sales strategies. From the given descripti...

Which one of the following questions is a working capital management decision? Multiple Choice: Should the company issue new shares of stock or borrow money? Should the company refurbish its equipment or replace it? How much inventory should the company keep on hand? Should the company close one of its current stores? correct answers How much inventory should the company keep on hand? Deciding which long-term investment a firm should make is a ______ decision. Multiple Choice:...