UAB MG 302 Exam 2 Study Guide EXAM
(updated 2026) Questions & Answers |
Latest Already Graded A+ UPDATED 2026
List the steps in the organizational planning process. -CORRECTANSWER 1. Develop
the Plan
2. Translate the Plan
3. Plan operations
4. Execute the Plan
5. Monitor and Learn
develop the plan -CORRECTANSWER define mission, vision, set goals
Translate the Plan -CORRECTANSWER Define tactical plans and objectives, develop
strategy map, define contingency plans and scenarios, identify intelligence teams
Plan operations -CORRECTANSWER define operational goals and plans, select
measures and targets, set stretch goals, crisis planning
execute the plan -CORRECTANSWER Use: management by objectives, performance
dashboards, single use
plans, decentralized responsibility
,monitor and learn -CORRECTANSWER hold planning reviews, hold operational
reviews.
Define and explain crisis management. -CORRECTANSWER Crisis management is the
process by which an
organization deals with a disruptive and unexpected event that threatens to harm the
organization or its stakeholders. Crisis Planning is also used to cope with unexpected
events that are sudden and devastating. The types of crises may vary, though a
carefully thought-out and coordinated plan can be used to respond to any disaster.
Additionally, crisis planning reduces the incidence of trouble.
Explain GroupThink and how it can affect business. -CORRECTANSWER Groupthink
refers to the tendency of people in groups to suppress contrary opinions. (Desire for
harmony > decision quality).Groupthink can negatively affect business success due to
the lack of conflict, constructive criticism, and open opinions. When all members of the
group conform to the same ideas and mindset, the group loses amounts of innovation
and creativity that could have been implemented into their work.
Explain the classical model of decision making. -CORRECTANSWER The classical
model of decision making
prescribes the best way to make decisions. There are 4 assumptions behind the
classical model:
, (1) Clearly Defined Problem: The model assumes that the decision-maker has clearly
set goals
and knows what is expected from him.
(2) Certain Environment: The model further suggests that it is in the power of the
decision-maker to eliminate any uncertainty that might impact the decision. As a result,
there are no risks to account for.
(3) Full Information: The decision-maker is able to identify all alternatives available to
him and to evaluate and rank them objectively.
(4)Rational Decisions: The decision-maker is believed to always be acting in the best
interests of
the organization.
Explain the difference in responsibility and accountability. -CORRECTANSWER
Responsibility can be shared while accountability cannot be shared. Responsibility
means an obligation to do anything. Being accountable means being responsible for
something, while also ultimately being CORRECTANSWERable for your actions.
Explain matrix management. -CORRECTANSWER Matrix management is an
organizational structure in which some individuals report to more than one supervisor or
leader. In a matrix management system, an individual has a primary report-to boss
while also working for one or more managers, typically on projects.
(updated 2026) Questions & Answers |
Latest Already Graded A+ UPDATED 2026
List the steps in the organizational planning process. -CORRECTANSWER 1. Develop
the Plan
2. Translate the Plan
3. Plan operations
4. Execute the Plan
5. Monitor and Learn
develop the plan -CORRECTANSWER define mission, vision, set goals
Translate the Plan -CORRECTANSWER Define tactical plans and objectives, develop
strategy map, define contingency plans and scenarios, identify intelligence teams
Plan operations -CORRECTANSWER define operational goals and plans, select
measures and targets, set stretch goals, crisis planning
execute the plan -CORRECTANSWER Use: management by objectives, performance
dashboards, single use
plans, decentralized responsibility
,monitor and learn -CORRECTANSWER hold planning reviews, hold operational
reviews.
Define and explain crisis management. -CORRECTANSWER Crisis management is the
process by which an
organization deals with a disruptive and unexpected event that threatens to harm the
organization or its stakeholders. Crisis Planning is also used to cope with unexpected
events that are sudden and devastating. The types of crises may vary, though a
carefully thought-out and coordinated plan can be used to respond to any disaster.
Additionally, crisis planning reduces the incidence of trouble.
Explain GroupThink and how it can affect business. -CORRECTANSWER Groupthink
refers to the tendency of people in groups to suppress contrary opinions. (Desire for
harmony > decision quality).Groupthink can negatively affect business success due to
the lack of conflict, constructive criticism, and open opinions. When all members of the
group conform to the same ideas and mindset, the group loses amounts of innovation
and creativity that could have been implemented into their work.
Explain the classical model of decision making. -CORRECTANSWER The classical
model of decision making
prescribes the best way to make decisions. There are 4 assumptions behind the
classical model:
, (1) Clearly Defined Problem: The model assumes that the decision-maker has clearly
set goals
and knows what is expected from him.
(2) Certain Environment: The model further suggests that it is in the power of the
decision-maker to eliminate any uncertainty that might impact the decision. As a result,
there are no risks to account for.
(3) Full Information: The decision-maker is able to identify all alternatives available to
him and to evaluate and rank them objectively.
(4)Rational Decisions: The decision-maker is believed to always be acting in the best
interests of
the organization.
Explain the difference in responsibility and accountability. -CORRECTANSWER
Responsibility can be shared while accountability cannot be shared. Responsibility
means an obligation to do anything. Being accountable means being responsible for
something, while also ultimately being CORRECTANSWERable for your actions.
Explain matrix management. -CORRECTANSWER Matrix management is an
organizational structure in which some individuals report to more than one supervisor or
leader. In a matrix management system, an individual has a primary report-to boss
while also working for one or more managers, typically on projects.