MGT 301 3 UK KIRN FINAL TEST 2026
QUESTIONS WITH CORRECT
ANSWERS GRADED A+
◍ Proactive Change.
Answer: Making carefully thought-out changes in anticipation of possible or
expected problems or opportunities.
◍ Organizational Opportunities.
Answer: Environmental factors that the organization may exploit for
competitive advantage
◍ Organizational Weaknesses.
Answer: The drawbacks that hinder an organization
◍ What are the four components of evidence-based decision making?.
Answer: Big Data, Descriptive Analytics, Artificial Intelligence, Predictive
Analytics
◍ Functional-Level Strategy.
Answer: - Applies to each functional area of the organization to support
higher level strategies- Functional managers lead planning discussions at
this level- Example: Management Department in Gatton
◍ Operational Planning.
Answer: Done by first-line managers for the next 1-52 weeks
◍ Organizational Threats.
Answer: Environmental factors that hinder an organization achieving a
competitive advantage
◍ Analytical Style.
Answer: - Have a much higher tolerance for ambiguity and respond well to
, new or uncertain situations- Like to consider more information and
alternatives than those adopting the directive style- Are careful decision
makers who take longer to make decisions, but they also tend to overanalyze
a situation
◍ True or False: Organizations assess your P-O fit during the interview
process.
Answer: TrueSome organizational leaders use unique interview questions to
assess potential person-organization fit
◍ Values Statement.
Answer: What values do we want to emphasize?
◍ Sunk Cost Bias.
Answer: Continuing to invest in a project or decision because of the money
or effort already spent, rather than current logic.
◍ What are the two types of span of control?.
Answer: 1. Flat Organization: Wide span of control2. Tall Organization:
Narrow span of control
◍ Strategic Positioning.
Answer: Performing different activities from rivals or performing similar
activities in different ways to achieve a sustainable competitive advantage.
◍ Performance Management.
Answer: A set of processes and behaviors that involve defining, monitoring,
measuring, and providing feedback on performance.
◍ Measurable.
Answer: Goals should be measurable or quantifiable
◍ High Performance Work System.
Answer: An integrated set of HR practices (hiring, training, and rewards)
that maximize employee potential at the workforce level.
◍ Stage 3: Evaluate Alternatives and Select a Solution - Ethics, Feasibility,
and Effectiveness.
QUESTIONS WITH CORRECT
ANSWERS GRADED A+
◍ Proactive Change.
Answer: Making carefully thought-out changes in anticipation of possible or
expected problems or opportunities.
◍ Organizational Opportunities.
Answer: Environmental factors that the organization may exploit for
competitive advantage
◍ Organizational Weaknesses.
Answer: The drawbacks that hinder an organization
◍ What are the four components of evidence-based decision making?.
Answer: Big Data, Descriptive Analytics, Artificial Intelligence, Predictive
Analytics
◍ Functional-Level Strategy.
Answer: - Applies to each functional area of the organization to support
higher level strategies- Functional managers lead planning discussions at
this level- Example: Management Department in Gatton
◍ Operational Planning.
Answer: Done by first-line managers for the next 1-52 weeks
◍ Organizational Threats.
Answer: Environmental factors that hinder an organization achieving a
competitive advantage
◍ Analytical Style.
Answer: - Have a much higher tolerance for ambiguity and respond well to
, new or uncertain situations- Like to consider more information and
alternatives than those adopting the directive style- Are careful decision
makers who take longer to make decisions, but they also tend to overanalyze
a situation
◍ True or False: Organizations assess your P-O fit during the interview
process.
Answer: TrueSome organizational leaders use unique interview questions to
assess potential person-organization fit
◍ Values Statement.
Answer: What values do we want to emphasize?
◍ Sunk Cost Bias.
Answer: Continuing to invest in a project or decision because of the money
or effort already spent, rather than current logic.
◍ What are the two types of span of control?.
Answer: 1. Flat Organization: Wide span of control2. Tall Organization:
Narrow span of control
◍ Strategic Positioning.
Answer: Performing different activities from rivals or performing similar
activities in different ways to achieve a sustainable competitive advantage.
◍ Performance Management.
Answer: A set of processes and behaviors that involve defining, monitoring,
measuring, and providing feedback on performance.
◍ Measurable.
Answer: Goals should be measurable or quantifiable
◍ High Performance Work System.
Answer: An integrated set of HR practices (hiring, training, and rewards)
that maximize employee potential at the workforce level.
◍ Stage 3: Evaluate Alternatives and Select a Solution - Ethics, Feasibility,
and Effectiveness.
