Uiowa management graded a - Study guides, Class notes & Summaries

UIowa management Exam 2 Graded A+ Forces for Internationalization ️Globalization - tendency of firms to expand sales, manufacturing, and ownership to new markets in other countries -modern communication technology -air travel -corporate globalism Pros and Cons of gobalization ️Pros: -productivity grows -living standards increase -inflation is less likely (cheap) -innovation (new ideas) -access to new markets and new customers -export jobs pay more Cons: -Americans lose jobs -fear los...

Intro to Management Exam #1 UIowa Graded A+ Order of management Top Managers -> Middle Managers -> First Line Managers Responsibilities of Top Managers 1. Create a context for change 2. Develop employees' commitment to and ownership of company 3. Create a positive organizational culture 4. Monitor their business environment Think 3-5 years out Responsibilities of Middle Managers 1. Plan and allocate resources to meet objectives 2. Coordinate and link groups, departments, a...

Uiowa Finance in Sport Graded A+ Economics ️Study of how people to choose to allocate their scarce resources. Economic Choice are influenced by: ️Demand Scarcity Surplus Price Scarcity ️Teams don't move to every metropolitan area. Leagues restrict franchise movement so franchises don't move too close to one another Microeconomics ️Study of issues that occur at the firm level (Supply, Demand, Pricing) Macroeconomics ️Study of issues that affect numerous sectors of th...