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Exam (elaborations)

MGT 500 FINAL EXAM QUESTIONS AND ACCURATE ANSWERS

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MGT 500 FINAL EXAM QUESTIONS AND ACCURATE ANSWERS...

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MGT 500
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Institution
MGT 500
Course
MGT 500

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Uploaded on
June 5, 2025
Number of pages
9
Written in
2024/2025
Type
Exam (elaborations)
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Subjects

  • mgt 500
  • mgt 500 final exam

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MGT 500 FINAL EXAM QUESTIONS AND
ACCURATE ANSWERS




What are the 10 steps to learning in teams - ANSWER 1.Be clear about what
project is all about
2.Be selective about who you'll work with
3.Build a real team
4.Decide on the ground rules
5.Assign roles
6.Divide the project out into measurable components
7.Have proper meetings
8.Follow-up so you know you're on track
9.Constructive feedback
10.Planning your presentation

1. Be clear about what the project is all about - ANSWER ●What is the main
objective?
●Employ the "SMARTER" rule
●What are the main components?
●What are the guidelines?
●Does anyone have a hidden agenda?
●What is the level of cooperation between team members?
●Who is grading the project and by what standards?
●Where can you go to get answers to questions, especially the ones above

What does SMARTER goals stand for? - ANSWER ●Specific
●Measurable
●Achievable
●Relevant
●Time bound
●Evaluate
●Readjust

, What did the clock and the compass represent in Steven Covey's book -
ANSWER Compass - represents our vision, values, principles, mission,
conscience and direction. What we feel is important and how we lead our lives.

Clock - Our goals, appointments, schedules, activities and commitments. What
we do with and how we manage our time.

The clock and the compass - ANSWER ●There is a conflict between what we
feel we need to do and the available time we have to get everything done

●Time Management doesn't address the gap

●The Paradigm of Urgency vs. Importance -
Is it urgent or is it important?

Clock and compass on decision making - ANSWER ●Good vs. Bad = easy
●Good vs. Better or Good vs. Best = more difficult

The Clock & The Compass
Dean of College of Business - ANSWER ●Bringing in funds was a top priority
●His strengths were fund raising
●His contribution was bringing in much needed funds to secure the future of the
school
●He knew to delegate tactical work to his Admin.
●He lacked communication skills to relay his plan and operation tactics to
others and didn't follow-up on it

What is the conflict between our clock and our compass - ANSWER Conflict
between our Clocks and our Compass can lead to an imbalance between our
work and personal life.
The awareness "gap" comes from a dramatic situation, usually some type of
loss:
●Downsizing
●Death
●Divorce
●Relationships
We attempt to reconcile conflict between the two by using time management,
but does this really work?

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