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BUAD 3030 Exam 4 Study Guide

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BUAD 3030 Exam 4 Study Guide...

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BUAD 3030 Exam 4 Study Guide

Group- a collection of people

Team- a powerful unit of collective performance - ANSWER What is the
difference between and team and a group?

Fixed budget- Allocation of resources on the basis of a single estimate of costs

Variable budgets- Allowing the allocation of resources to vary in proportion with
various levels of activity - ANSWER What are the different type of budgets?

Theory that proposes that work satisfaction and dissatisfaction arise from two
different work factors—work satisfaction from so-called motivating factors and
work dissatisfaction from so-called hygiene factors.

1.) Job satisfaction- associated with achievement, recognition, characteristics
of work,
responsibility and advancement.

2.) Job dissatisfaction- associated with working conditions, pay and security,
company policies supervisors and interpersonal relationships. - ANSWER
Understand Herzberg's two-factor theory

Physiological needs- food, clothes, In workplace: wages

Safety- Security, In workplace: Health insurance, job security, safety rules,
pension plans

Love- friendship, affection, in workplace: office parties, management retreats

Esteem- self-respect, status, reputation, recognition, self-confidence, in
workplace: bonuses, promotions, awards

Self-actualization- self-fulfillment, increases competence, using abilities to the
fullest, In workplace: sabbatical leave to further personal growth. - ANSWER
What are the needs in Maslow's Hierarchy of Needs?

One of the two types of goal orientation, A way of demonstrating and validating a
competence we already have by seeking the approval of others. - ANSWER What
is the performance goal orientation?

Work - members work together to obtain a clear purpose.

, Project - usually temporary and used to solve a problem or specific task.

Cross-functional - A team that is staffed with specialists pursuing a common
objective.

Self-managed teams - Groups of workers who are given administrative oversight
for their task domains. This type increases productivity

Virtual teams - Teams that work together over time and distance via electronic
media to combine effort and achieve common goals. - ANSWER Be able to
identify the different types of work teams.

How outgoing, talkative, sociable and assertive a person is. - ANSWER What is
extroversion?

Psychological discomfort a person experiences between his or her cognitive
attitude and incomparable behavior

Depends on three factors: importance, control, rewards - ANSWER What is
cognitive dissonance?

A leadership behavior that is concerned with group members' needs and
desires and that is directed at creating mutual respect or trust. - ANSWER What
is consideration?

Task-oriented leadership behaviors- Ensure that human, physical, and other
resources are deployed efficiently and effectively to accomplish the groups or
organization's goals

Relationship-oriented leadership- Form of leadership that is primarily concerned
with the leader's interactions with his or her people. - ANSWER What is the
difference between task-oriented and relationship-oriented leadership?

Legitimate power- leader's power that results from formal positions with the
organization. EX- one position has authority over another.

Reward power- leader's power that results from the authority to reward
subordinates EX: praise, pay raise, recognition, promotions.

Coercive power- leader's power that results from the authority to punish. EX-
verbal, write up, demotions, terminations.

Expert power- leader's power, resulting from specialized information or
expertise. EX- having knowledge or expertise that makes you a have authority.

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