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Exam (elaborations)

MADM 701 Module 2 Exam with correct Answers

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MADM 701 Module 2 Exam with correct Answers

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MADM 701
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MADM 701









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Institution
MADM 701
Module
MADM 701

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Uploaded on
December 7, 2024
Number of pages
6
Written in
2024/2025
Type
Exam (elaborations)
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MADM 701 Module 2 Exam with correct
Answers

2 types of learning Organizations - Answers -Single loop
Double Loop

Single Loop - Answers -Improving organizations capacity to achieve known objectives
(routine and behavioral learning)

double-loop learning - Answers -Reevaluating objectives and the beliefs surrounding
them (changing the organizational culture)

Characteristics of Learning Organization - Answers -Presence of tension
Systems thinking
Culture

Presence of Tension - Answers -Creative tension (motivation to learn)

Systems Thinking - Answers -Shared vision and openess to new ideas

Culture - Answers -High value placed on process of learning

Adaptive Learning - Answers -Employees simply react to environmental changes with
standard responses leading to short term solutions

Generative Learning - Answers -Employees examine effect of decisions and change
behavior as needed

Culture - Answers -Everyone has useful ideas and closest to problem usually have best

Learning flows up and down and new ideas are important

Mistakes are learning opportunities

Historical and modern theoretical foundation - Answers -Chester Barnard
Open systems
Contingency approach
Organizational learning

Chester Barnard - Answers -Formal organization system of coordinated activities of 2 or
more

, Believed that authority should come from the bottom up

Put emphasis on importance of human elements in organization

open system - Answers -System made of interacting parts from external environment

Stock options - Answers -Opportunity to buy shares of stock in the future at a
predetermined fixed price

Typically used with senior level managers

If executives increase organizational performance value of company stock will also rise

Gain sharing - Answers -Employees share with group or teams the net gains from
productivity improvements
Reduced product damage, complaints and accidents

Profit Sharing - Answers -Employees share in increased organizational profits with other
employees

Contingency Approach - Answers -No single best way to organize; design must be fitted
to existing environmental conditions

Organizational Design - Answers -Creation or reshaping of the organizations structure

Organizational Culture Characteristics - Answers -Behavior regularities
Norms
Dominant values
Philosophy
Rules
Organizational climate

horizontal design - Answers -Improves coordination and communication

Horizontal Design principles - Answers -Organized around workflow- process, not the
task

Flattered hierarchy and use of teams to manage everything

Team performance rewarded

Customer satisfaction as driver or performance

Supplier and customer contact maximized

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