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MBA 704 EXAM 1 HIGH.pdf

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MBA 704 EXAM 1 HIGH.pdf

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MBA 704 EXAM 1 HIGH-YIELD
ORGANIZATIONAL STRATEGY, FINANCE, AND
DECISION-MAKING SUMMARY 2026

◉ Paradigm Shift.
Answer: Recognize and understand importance of human resources
Catalyst for change in understanding and management of human
resources


◉ Management Dimensions (Skills).
Answer: Technical
Conceptual
Human


◉ Technical.
Answer: Functional expertise


◉ Conceptual.
Answer: Being able to see the big picture and how different parts of
an organization work together


◉ Human.

, Answer: People skills


◉ Traditional Human Relations Approach.
Answer: Theory X
Assumption that employees are lazy and only interested in money


◉ Organizational Behavior Approach.
Answer: Human behavior more complicated than just providing
good pay, proper working conditions, and job security
Employees are complex and need more researching before
managing


◉ Status of OB to Reach World Management.
Answer: 1/8 Situation
Knowing-Doing Gap


◉ 1/8 Situation.
Answer: Only 1/8 of organizations buy into importance and value of
human resources


◉ Knowing-Doing Gap.

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