MGT 301 3 UK KIRN CERTIFICATION
SCRIPT 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
◍ Intuition that stems from expertise is known as a _________. Intuition based
on feelings is known as ___________..
Answer: holistic hunch; automated experience
◍ What are some of the drawbacks with AI?.
Answer: AI Implementation, Data Issues, and CostAI has a unique set of
challenges that must be overcome
◍ Target Date.
Answer: Goals should have deadline dates for attainment
◍ Centralized Authority.
Answer: Important decisions are made by higher-level managers.
◍ What is this term? A control mechanism for making sure the right people do
the right things at the right time..
Answer: Hierarchy of Authority (aka Chain of Command)
◍ BCG Matrix.
Answer: A strategic tool used to evaluate business units based on their
market growth rate and relative market share.
◍ What are the Five Competitive Forces in Porter's Model for Industry
Analysis?.
Answer: 1. Threat of new entrants2. Bargaining power of suppliers3.
Bargaining power of buyers4. Threats of substitute products or services5.
Rivalry among competitors
◍ Unstructured Interview.
, Answer: Probing, conversational questions to find out what the applicant is
like; no fixed set of questions.
◍ Strategic Implementation.
Answer: The process of putting strategic plans into effect through
questioning, analysis, and follow-through.
◍ What is Causing the Growth in Ethical Lapses?.
Answer: - Organizational-level factors- Group-level factors- Individual-level
factors
◍ Goal Displacement.
Answer: Occurs when the primary goal is subsumed by a secondary goal
(e.g., winning an argument becomes more important than solving the actual
problem).
◍ What are the four areas organizations try to stay ahead of compared to
competitors?.
Answer: 1. Responsiveness to customers2. Innovation3. Quality4.
Effectiveness
◍ Grievance.
Answer: A formal complaint by an employee that management has violated
a term of the labor-management agreement.
◍ People.
Answer: First Core Process. "You need to consider who will benefit you in
the future."
◍ __________ refers to the rights inherent in a managerial position to make
decisions, give orders, and utilize resources..
Answer: Authority
◍ Making Plans.
Answer: Mission Statement -> Vision Statement -> Values Statement ->
Strategic Planning -> Tactical Planning -> Operational Planning
◍ VRIO is a framework for analyzing a resource or capability to determine its
SCRIPT 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
◍ Intuition that stems from expertise is known as a _________. Intuition based
on feelings is known as ___________..
Answer: holistic hunch; automated experience
◍ What are some of the drawbacks with AI?.
Answer: AI Implementation, Data Issues, and CostAI has a unique set of
challenges that must be overcome
◍ Target Date.
Answer: Goals should have deadline dates for attainment
◍ Centralized Authority.
Answer: Important decisions are made by higher-level managers.
◍ What is this term? A control mechanism for making sure the right people do
the right things at the right time..
Answer: Hierarchy of Authority (aka Chain of Command)
◍ BCG Matrix.
Answer: A strategic tool used to evaluate business units based on their
market growth rate and relative market share.
◍ What are the Five Competitive Forces in Porter's Model for Industry
Analysis?.
Answer: 1. Threat of new entrants2. Bargaining power of suppliers3.
Bargaining power of buyers4. Threats of substitute products or services5.
Rivalry among competitors
◍ Unstructured Interview.
, Answer: Probing, conversational questions to find out what the applicant is
like; no fixed set of questions.
◍ Strategic Implementation.
Answer: The process of putting strategic plans into effect through
questioning, analysis, and follow-through.
◍ What is Causing the Growth in Ethical Lapses?.
Answer: - Organizational-level factors- Group-level factors- Individual-level
factors
◍ Goal Displacement.
Answer: Occurs when the primary goal is subsumed by a secondary goal
(e.g., winning an argument becomes more important than solving the actual
problem).
◍ What are the four areas organizations try to stay ahead of compared to
competitors?.
Answer: 1. Responsiveness to customers2. Innovation3. Quality4.
Effectiveness
◍ Grievance.
Answer: A formal complaint by an employee that management has violated
a term of the labor-management agreement.
◍ People.
Answer: First Core Process. "You need to consider who will benefit you in
the future."
◍ __________ refers to the rights inherent in a managerial position to make
decisions, give orders, and utilize resources..
Answer: Authority
◍ Making Plans.
Answer: Mission Statement -> Vision Statement -> Values Statement ->
Strategic Planning -> Tactical Planning -> Operational Planning
◍ VRIO is a framework for analyzing a resource or capability to determine its
