Mgmt 425 exam 2 - Study guides, Class notes & Summaries

Process - Correct Answer-- A sequence of linked activities that is intended to achieve some result, such as producing a good or service for a customer within or outside the organization - Processes involve combinations of people, machines, tools, techniques, materials, and improvements in a defined series of steps or actions - Ex: machining, mixing, assembly, filling orders - Processes must be repeatable and measurable Process Management - Correct Answer-- Involves planning and administer...

Control and improvement - Correct Answer-control should be the basis for organizational learning and lead to improvement and prevention of defects and errors Processes - Correct Answer--sequence of linked activities that is intended to achieve some result -involve combinations of people, machines, tools, techniques, materials, and improvements in defined series of steps or actions ex: machining, mixing, assembly, filling orders, and approving loans Process Management - Correct Answer-Inv...

Mgmt 425 Exam 2 questions with correct answers

MGMT 425 Exam 2 Study Guide questions with correct answers

Mgmt 425 Exam 2 questions with correct answers

MGMT 425 Exam 2 Study Guide questions with correct answers

MGMT 425 Exam 2 Review questions with correct answers

Mgmt 425 Exam 2 questions with correct answers

MGMT 425 exam 2023/2024 with correct answers

MGMT 425 Chapter 7 Exam 2 CSULBDirectional Strategy - correct answer is composed of three general orientations (sometimes called grand strategies) - Growth Strategies -Stability Strategies - Retrenchment Strategies Growth Strategies - correct answer Expands the company activities Concentration - Vertical Growth -Horizontal Growth Diversification - Concentric - Conglomerate Stability Strategies - correct answer make no change to the company's current activities Pause/Pro...