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MGMT 2500 Exam Questions With 100% Correct Answers Verified Latest Update

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MGMT 2500 Exam Questions With 100% Correct Answers Verified Latest Update

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MGMT 2500
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MGMT 2500

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MGMT 2500 Exam Questions With
100% Correct Answers Verified
Latest Update
IBM's price/performance ratio means: - ANSWER-annually price goes down 25%
while performance increases 35%

Total Quality Management (TQM) - ANSWER-a management philosophy that
focuses on satisfying customers through empowering employees to be an active part
of continuous quality improvement

Ethnocentrism - ANSWER-belief that one's culture is superior to all others

define ethics: - ANSWER-personal code of conduct

Katz First Line managerial skills: - ANSWER-50% Human
45% Technical
5% Conceptual

Katz Middle managerial skills: - ANSWER-50% Human
25% Technical
25% Conceptual

Katz Top managerial skills: - ANSWER-50% Human
5% Technical
45% Conceptual

W. Demings believed that if there are errors ___ % are employee mistakes and ___
% are managerial mistakes - ANSWER-15%,
85%

define congruency: - ANSWER-your goals align with the organization's goals

high context cultures: - ANSWER-derive meaning from nonverbal situational cues,
such as Asian and Arabic countries. Negotiations are slow and ritualistic

low context cultures: - ANSWER-derive meaning from written and spoken words,
such as the US or Germany. Negotiations efficient and non personal

monochronic time: - ANSWER-preference for doing one thing at a time because time
is limited, precisely segmented, and schedule driven (low context)

, polychronic time: - ANSWER-preference for doing more than thing at a time because
time is flexible, fluid, and multidimensional (high context)

Maslow's Hierarchy of Needs - ANSWER-physiological - food and water
safety - protection from the elements
love/belonging - affection
esteem - reputation, prestige, and recognition
self-actualization - self fulfillment

Alderfer's ERG Theory: - ANSWER-Existence (physiological and safety)
Relatedness (belonging)
Growth (esteem and self actualization)
- can achieve one without the others

McClelland's Needs: - ANSWER-need for achievement (entrepreneur),
need for affiliation,
need for power

Vroom's Expectancy Theory - ANSWER-expectancy - effort to performance link
instrumentality - performance to outcome perception
valence - value of the outcome

Herzbeg's Two-Factor Theory - ANSWER-hygiene factors: short lasting, job context,
relationship with boss, salary, working conditions

motivator factors: long lasting, job content, growth, responsibility, recognition,
learning

Adam's equity theory: - ANSWER-fairness in social exchanges

vertical loading / job enrichment: - ANSWER-add responsibility, learning, growth,
recognition

360 degree feedback: - ANSWER-comparison of anonymous feedback from one's
superior, subordinates, and peers with self-perceptions

intrinsic rewards: - ANSWER-motivation driven by positive feelings associated with
doing well on a task

extrinsic rewards: - ANSWER-motivation caused by the desire to attain specific
outcomes, such as a monetary bonus

Katz's most important motivational patter: - ANSWER-involvement in primary groups

Drucker's Management by Objectives (MBO): - ANSWER-management system that
incorporates participation in decision-making, goal setting, and objective feedback

role overload: - ANSWER-too many expectations

role ambiguity: - ANSWER-unknown expectations

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