Mqm 220 exam - Study guides, Class notes & Summaries

mqm 220 exam 1 Question and answers already passed Someone who is usually responsible for taking the goals created top managers and creating specific details for implementation by others is a: A. First Line Manager B. Team Leader C. Middle Manager D. Top Manager - correct answer middle manager Defining goals, establishing strategy, and developing plans to coordinate activities is considered what component of management? A. Planning. B. Organizing C. Leading D. Controlling - ...

MQM 220 Exam 2 Question and answer already passedJason - Jason's career has been meteoric because he is constantly able to come up with new, original, novel ideas. Top managers wish they had many more employees with this ability. - correct answer Creativity Yang - Yang chose his first job very carefully. He knew he wanted to work for a company that would appreciate his creativity and help him and other managers to continue to maximize their creative potential. - correct answer Learning ...

MQM 220 exam 2 Question and answers already passed Departmentalization - correct answer subdividing work and workers into separate organizational units responsible for completing particular tasks Functional departmentalization - correct answer organizing work and workers into separate units responsible for particular business functions or areas of expertise Product departmentalization - correct answer organizing work and workers into separate units responsible for producing particula...

MQM 220 Exam 1 Question and answers rated A+In the industry and the community, Tri-State is known for its low-cost business strategy, but also as a company that is generous to its employees. After 100 years of successful operation, it now finds itself with a respected brand and a market share leader. Tri-State also prides itself on helping with school lunch programs in disadvantaged school districts. In the past, it has helped organizations like the Salvation Army and Red Cross when natu...

MQM 220 Exam 1 Question and answers correctly solved first-line manager - correct answer A __________ is responsible for directing the day-to-day activities of nonmanagerial employees. top manager - correct answer A __________ is at or near the upper levels of the organization structure and is responsible for making decisions about the direction of the organization and establishing policies that affect all organization members. Informational roles - correct answer __________ involve ...

MQM 220 exam 2 Question and answer already passed ch 9. strategy - correct answer plans for how the organization will do whatever its in business to do, how it will compete successfully, and how it will attract and satisy its customers in order to achieve its goals business models - correct answer How a company is going to make money. core competencies - correct answer The organizations major value-creating capabilities that determine its competitive weapons competitive advantage...

MQM 220 Exam 3 Questions with complete solution Vertical Integration - correct answer Occurs when one corporation owns business units that make inputs for other business units in the same corporation. Participation - correct answer The extent to which individuals engage in the process of generating solutions and articulating their opinions and perspectives. total quality management (TQM - correct answer s satisfying customer needs through a set of four reinforcing principles: custome...

MQM 220 EXAM Question and answers verified to pass Importance of HRM - correct answer 1. Can be significant source of competitive advantage 2. A important part of organizational strategies 3. The way organizations treat their people can significantly impact performance % of workers who would leave their jobs bc of benefits package - correct answer 71% How Organizations Determine Employee Compensation - correct answer Reflects changing nature of work and the workplace in order to k...

MQM 220 Exam 2 Question and answers 100% correct plans for how organization will do business successfully - correct answer strategy how the company plans to make money - correct answer business model The major value-creating capabilities of an organization - correct answer core competencies distinctive edge that sets company apart from others - correct answer competitive advantage why is strategic management important? - correct answer 1. makes a difference in performance...

MQM 220 Exam 2 Review Question and answers rated A+Which of the following statements is true of the classical model of decision making? - correct answer It assumes that decision makers have access all information and that they make perfect decisions. The classical model assumes managers have access to all the information they need to make the optimum decision, which is the most appropriate decision possible in light of what they believe to be the most desirable consequences for the organiza...