BMG Study guides, Class notes & Summaries

BMGT 364 Test Questions with All Correct Answers Organizational Behavior - ANSWER The study of human behavior within an organization. The main goal of OB is to explain and predict behavior within an organization. (on an individual, group, and organizational level) By examining behavior in three different levels of influence — at the individual, group and organizational level — organizations can better understand performance in the workplace and improve interactions among empl...

BMGT364 Exam 2024 QUESTIONS WITH DETAILED VERIFIED ANSWERS | A+ GRADE ASSURED Mintzberg management functions Planning Organizing Leading Controlling (CLOP: controlling, leading, organizing, planning) Defining goals, establishing strategy, and developing plans to coordinate activities Planning Determining what needs to be done, how it will be done, and who is to do it organizing motivating, leading, and any other actions involved in dealing with people Leading monitoring activities to e...

BMGT 364 Final Exam Questions and Answers 2024 leadership -Answer-the process of influencing others to mobilize and facilitate individual and collective efforts towards the accomplishment of goals or objectives management -Answer-working with and through others to achieve organizational objectives leadership ideas pre 1950s -Answer-focused on inherent traits such as intelligence, physical appearance, and self-confidence leadership ideas recently -Answer-focused on both traits and skills s...

Define marketing - ANSWER-Marketing is a process by which companies create value for customers and build strong customer relationships to capture value from customers in return What is the goal of marketing? - ANSWER-To attract new customers by promising superior value and to keep and grow current customers by delivering value and satisfaction How old is marketing? - ANSWER-As old as when people formed tribes What is the Federal entity that regulates marketers the most? - ANSWER-Consume...

BMGT 4930 Exam 1 New Update 2024 competitive advantage - ANS-what sets an organization apart from others and is the ultimate purpose of strategic management strategy - ANS-an integrated and coordinated set of commitments and actions to exploit core competencies and gain a competitive advantage core competencies - ANS-have to be valuable to the market and unique to you; base for competitive advantage 5 Ps of strategy - ANS-plan, ploy, pattern, position, perspective plan - ANS-set of st...

BMGT 364 Final Exam Questions and Correct Answers Why study leadership? - ANSWER Faster rate of change Command and control- less effective and accepted Impact on the bottom line Responsibility and Ethical considerations Faster rate of change - ANSWER one major role of leadership is to adapt and predict change. With the increase in the rate of change in many fields and markets, understanding leadership becomes more important. (i.e. technology) Command and control - ANS...

BMGT 110 Final Exam Questions And Answers

tort correct answers a civil wrong that is not a breach of contract compensatory damages correct answers damages for physical injuries intentional conduct, recklessness, neglilence, strict liability correct answers what are four basic kinds of misconduct? intent correct answers the desire to cause certain consequences or the substantial certainty (that those consequences will result in misconduct) recklessness correct answers the conscious indifference to a known and substantial risk...

If you have a low least preferred coworker (LPC) rating, it means that you have a people-oriented personality and are able to separate your liking of a person from your ability to work with that person. correct answers False Task-based leadership behaviors are also referred to as consideration. correct answers False People in positions of authority are influential in driving people to ethical behaviors but not unethical behaviors. correct answers False Research suggests that the democra...

Globalization correct answers The integration of markets, capital, nation-states, and technologies in ways that allow individuals, groups, corporations and countries to reach around the world farther, faster, deeper, and cheaper than ever before. Drivers of Globalization correct answers 1. Increased customer demands and access to competing products 2.Technological innovation and application 3. Increased power and influence of emerging markets and economies 4. Shared R&D and global sourcing...