MGMT100 General exam questions
with complete solutions
Herzberg's Two-Factor Theory - ANS ✔✔A model that divides motivational forces into:
1. satisfiers ("motivators") - produces job satisfaction when met
2. dissatisfiers ("hygiene factors") - produces job dissatisfaction when not met
Organizational culture - ANS ✔✔The values, attitudes and beliefs of the people working in an
organization that control the way they interact with each other and with external stakeholder
groups
What is the team effectiveness model? - ANS ✔✔
What is the difference between position and personal power - ANS ✔✔Personal power is most
effective - able to engage with people and get them onboard with your ideas
Position power is a leader or manager who use power to influence others
Define the five targets for change - ANS ✔✔
What does the acronym SWOT stand for and explain each one - ANS ✔✔Strengths -
Weaknesses -
Opportunities -
Threats -
, What does "comparative advantage" mean? - ANS ✔✔If nations devote more of their resources
to the production of those goods that they produce most efficiently, and trade for those goods
that other nations produce more efficiently, then all trading nations benefit
Discuss the concept of work motivation and how the expectancy theory can explain motivation
at work - ANS ✔✔
Identify and explain the 4 P's of marketing with relevant examples of 4 P's for television - ANS
✔✔Product
Price
Promotion
Place
What are the 4 paradigms of entrepreneurship with an example of each - ANS ✔✔
Example of comparative advantage - ANS ✔✔1. Japan has an abundance of iron ore (the natural
resource used to make steel)
2. Japan uses this steel to manufacture cars
3. It is cheaper for Japan to build cars because they are is using the resources available to them.
4. When Japan sells their cars, they will make more profit because it was cheaper to make.
What are the limitations of comparative advantage - ANS ✔✔
Give an example of team effectiveness? - ANS ✔✔
What is a source of personal power - ANS ✔✔
What are the three organisational structures - ANS ✔✔
with complete solutions
Herzberg's Two-Factor Theory - ANS ✔✔A model that divides motivational forces into:
1. satisfiers ("motivators") - produces job satisfaction when met
2. dissatisfiers ("hygiene factors") - produces job dissatisfaction when not met
Organizational culture - ANS ✔✔The values, attitudes and beliefs of the people working in an
organization that control the way they interact with each other and with external stakeholder
groups
What is the team effectiveness model? - ANS ✔✔
What is the difference between position and personal power - ANS ✔✔Personal power is most
effective - able to engage with people and get them onboard with your ideas
Position power is a leader or manager who use power to influence others
Define the five targets for change - ANS ✔✔
What does the acronym SWOT stand for and explain each one - ANS ✔✔Strengths -
Weaknesses -
Opportunities -
Threats -
, What does "comparative advantage" mean? - ANS ✔✔If nations devote more of their resources
to the production of those goods that they produce most efficiently, and trade for those goods
that other nations produce more efficiently, then all trading nations benefit
Discuss the concept of work motivation and how the expectancy theory can explain motivation
at work - ANS ✔✔
Identify and explain the 4 P's of marketing with relevant examples of 4 P's for television - ANS
✔✔Product
Price
Promotion
Place
What are the 4 paradigms of entrepreneurship with an example of each - ANS ✔✔
Example of comparative advantage - ANS ✔✔1. Japan has an abundance of iron ore (the natural
resource used to make steel)
2. Japan uses this steel to manufacture cars
3. It is cheaper for Japan to build cars because they are is using the resources available to them.
4. When Japan sells their cars, they will make more profit because it was cheaper to make.
What are the limitations of comparative advantage - ANS ✔✔
Give an example of team effectiveness? - ANS ✔✔
What is a source of personal power - ANS ✔✔
What are the three organisational structures - ANS ✔✔
