MAN 320F Exam 1 Aroian Questions with Complete Solutions 2024

MAN 320F Exam 1 Aroian Questions with Complete Solutions 2024 Fundamental laws of business 1) It always takes longer than you scheduled! 2) It always costs more than you budgeted! 3) When placed in difficult situation, people will take the path of least resistance What do managers do? Ensure that the organization achieves its goals and objectives Successful manager good at getting the job done, moves up the corporate ladder, spend 48% of their time networking Effective manager getting people to work together to meet the goals, is great at "getting the job done," spend 44% of their time communicating the meaning of life money organizational behavior the systematic study of the actions and attitudes that people exhibit within organizations successful organization • The right balance of management and leadership to ensure that the organization achieves its goals and objectives. determinants of employee performance • Productivity • Absenteeism • Turnover • Job satisfaction • ...only really care about making $$ challenges/opportunities we face in building company • The typical employee is getting older • More women in the workplace • More minorities in the workplace • The world is flat - competitively (globalization) • Historical loyalty-bonds between employees and employers are being severed • Globalization how to manage diversity respond to those differences in ways that ensure employee retention and greater productivity while, at the same time, not discriminating the cost of fraud Over 200 billion for 40 of the top 100 fortune companies