MBA 704- Module 2 Exam 2 NEWEST 2026-2027
ACTUAL EXAM COMPLETE 100 QUESTIONS
AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALREADY GRADED A+
BRAND NEW!!
Adaptive Learning - CORRECT ANSWER: -first stage of learning organization
-adapting to environmental changes
-Adaptive Changes: Learn Six Sigma, TQM
Agency theory - CORRECT ANSWER: -Finance and economics approach to understanding
behavior by individuals and groups both inside and outside the corporation.
-Concerned with the diverse interests & goals that are held by corporations' stakeholders and
methods by which the enterprise's reward system aligns with these interests/goals
-Seeks to explain how managers differ from owners in using pay to effectively run the org.
Base Pay Approach - CORRECT ANSWER: base wages and salary is the amount of money that
an individual is paid on an hourly, weekly, monthly or annual basis
-determined by market conditions
**ISSUE: competitive at entry level & less competitive afterwards
Bonuses & Stock Options: Potential Limitations - CORRECT ANSWER: -May have led to
excessive & ethical breakdowns within firms in recent years/ "self-fulfilling attitude"
-Pay for performance: only practical when performance is easily & objectively measured
Characteristics of Organizational Culture - CORRECT ANSWER: -Observed behavioral
regularities: participants interact under common language/rituals
-Norms: standards of behavior
-Dominant values: major values org. advocates
,-Philosophy: org policies on how employees and/or customers should be treated.
-Rules: strict guidelines to getting along in the workplace.
-Organizational climate: overall "feeling" of physical layout
**NOT INTENDE TO BE ALL-INCLUSIVE!
Contemporary Designs: Hollow - CORRECT ANSWER: -Movement of entire processes outside
the organization
**Advantages: cost savings, tapping into best sources of specialization and tech, supplier
competition & tech, flexibility.
**Disadvantages: loss of in-house skills and innovation, reduced control over supply & quality,
threat of being supplanted by suppliers
Contemporary Designs: Modular - CORRECT ANSWER: -Parts of the product or service are
outsourced; "decomposable product chunks provided by internal and external subcontractors.
**Advantages: cost, speed of response to market changes, and innovation
**Disadvantages: interfacing modules/laggards in supply chain
Contingency Approach - CORRECT ANSWER: No single best way to organize
-Organizational design must be fitted to the existing environmental conditions
-Organizations change through internal transformation/adaptation
Effectively Manage a formal & informal recognition program - CORRECT ANSWER: 1. Take
advantage of communication tools to make everyone aware
2. Educate managers
3. Recognition as part of performance management process
4. Host on-site recognition ceremonies
5. Publicize employees' best practices
6. Showcase steps on how managers are effectively using recognition
, 7. Continuous review recognition process
8. Receive recognition ideas from both employees & managers
Effectiveness of Pay - CORRECT ANSWER: -Money is a motivator: once money satisfies basic
needs, people use it to get ahead which is out of their reach, causing to be eager for more
-Money impacts employee morale
-Money has a different significance to EVERYONE!
Efficiency Wage Theory - CORRECT ANSWER: -Explains importance of offering benefits that
appeal to and are needed by today's employees to make then satisfied, stress free, and productive
Emerging relationship enterprises - CORRECT ANSWER: -Consist of a global network of
independent companies that act as a single company with a common mission
--Occur more frequently due to with: legal terms, political nationalism, and org cultural values
Establishing a Learning Org - CORRECT ANSWER: -Breaking out of bureaucracies
-Develop systemic thinking among managers; identifying source of conflict and make astute
trade-offs
**Managers must learn to encourage their people to redirect energies towards substance of
disagreements rather than toward personality clashes or political infighting.
-Develop creativity among personnel.
--Promote and help unlearn creativity: persona flexibility and willingness to take risks. Also,
willingness to accept failure!
--"Ready, fire, aim"
Flexible, Cafeteria-Style Benfits - CORRECT ANSWER: -Organization will establish a
budgeted amount that it is willing to spend per employee, and the individual is then allowed to
decide how to spend this money.
-Ex: flexible arriving/departing work schedule; personally picked benefit package
ACTUAL EXAM COMPLETE 100 QUESTIONS
AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALREADY GRADED A+
BRAND NEW!!
Adaptive Learning - CORRECT ANSWER: -first stage of learning organization
-adapting to environmental changes
-Adaptive Changes: Learn Six Sigma, TQM
Agency theory - CORRECT ANSWER: -Finance and economics approach to understanding
behavior by individuals and groups both inside and outside the corporation.
-Concerned with the diverse interests & goals that are held by corporations' stakeholders and
methods by which the enterprise's reward system aligns with these interests/goals
-Seeks to explain how managers differ from owners in using pay to effectively run the org.
Base Pay Approach - CORRECT ANSWER: base wages and salary is the amount of money that
an individual is paid on an hourly, weekly, monthly or annual basis
-determined by market conditions
**ISSUE: competitive at entry level & less competitive afterwards
Bonuses & Stock Options: Potential Limitations - CORRECT ANSWER: -May have led to
excessive & ethical breakdowns within firms in recent years/ "self-fulfilling attitude"
-Pay for performance: only practical when performance is easily & objectively measured
Characteristics of Organizational Culture - CORRECT ANSWER: -Observed behavioral
regularities: participants interact under common language/rituals
-Norms: standards of behavior
-Dominant values: major values org. advocates
,-Philosophy: org policies on how employees and/or customers should be treated.
-Rules: strict guidelines to getting along in the workplace.
-Organizational climate: overall "feeling" of physical layout
**NOT INTENDE TO BE ALL-INCLUSIVE!
Contemporary Designs: Hollow - CORRECT ANSWER: -Movement of entire processes outside
the organization
**Advantages: cost savings, tapping into best sources of specialization and tech, supplier
competition & tech, flexibility.
**Disadvantages: loss of in-house skills and innovation, reduced control over supply & quality,
threat of being supplanted by suppliers
Contemporary Designs: Modular - CORRECT ANSWER: -Parts of the product or service are
outsourced; "decomposable product chunks provided by internal and external subcontractors.
**Advantages: cost, speed of response to market changes, and innovation
**Disadvantages: interfacing modules/laggards in supply chain
Contingency Approach - CORRECT ANSWER: No single best way to organize
-Organizational design must be fitted to the existing environmental conditions
-Organizations change through internal transformation/adaptation
Effectively Manage a formal & informal recognition program - CORRECT ANSWER: 1. Take
advantage of communication tools to make everyone aware
2. Educate managers
3. Recognition as part of performance management process
4. Host on-site recognition ceremonies
5. Publicize employees' best practices
6. Showcase steps on how managers are effectively using recognition
, 7. Continuous review recognition process
8. Receive recognition ideas from both employees & managers
Effectiveness of Pay - CORRECT ANSWER: -Money is a motivator: once money satisfies basic
needs, people use it to get ahead which is out of their reach, causing to be eager for more
-Money impacts employee morale
-Money has a different significance to EVERYONE!
Efficiency Wage Theory - CORRECT ANSWER: -Explains importance of offering benefits that
appeal to and are needed by today's employees to make then satisfied, stress free, and productive
Emerging relationship enterprises - CORRECT ANSWER: -Consist of a global network of
independent companies that act as a single company with a common mission
--Occur more frequently due to with: legal terms, political nationalism, and org cultural values
Establishing a Learning Org - CORRECT ANSWER: -Breaking out of bureaucracies
-Develop systemic thinking among managers; identifying source of conflict and make astute
trade-offs
**Managers must learn to encourage their people to redirect energies towards substance of
disagreements rather than toward personality clashes or political infighting.
-Develop creativity among personnel.
--Promote and help unlearn creativity: persona flexibility and willingness to take risks. Also,
willingness to accept failure!
--"Ready, fire, aim"
Flexible, Cafeteria-Style Benfits - CORRECT ANSWER: -Organization will establish a
budgeted amount that it is willing to spend per employee, and the individual is then allowed to
decide how to spend this money.
-Ex: flexible arriving/departing work schedule; personally picked benefit package
