2025/2026 Review with complete
QUESTIONS AND SURE VERIFIED
SOLUTIONS 100% GRADED AT A+
SCORE!! SURE GUARANTEED PASS!
Designing effective control system - ANSWER ✔ 1. valid performance
standards
2. adequate info to employees
3. acceptability to employees
4. open communication
5. Use multiple approaches
Intrinsic Motivation - ANSWER ✔ doing something for own personal
reasons
Extrinsic Motivation - ANSWER ✔ doing something for external
purposes like rewards
What is operations? - ANSWER ✔ Series of actions conducting to an
end
,Business process: series of structured activities that produce a specific
good or service
What is management? - ANSWER ✔ Planning, organizing, and
controlling work of others so activities are completed effectively &
efficiently to achieve organizational goals
Organizational goal - ANSWER ✔ -maximize profit
-become successful by surviving and growing as a company
Value - ANSWER ✔ Benefit/Cost = Value
Ways to deliver Value - ANSWER ✔ 1. Innovation
2. Quality
3. Service
4. Speed
5. Cost
6. Sustainability
Major challenges in managing the new competitive landscape? -
ANSWER ✔ 1. Globalization: S&D amongst other countries
2. Technological change: adapt to change in consumer taste
, 3. Knowledge management: find, unlock, and capitalize on unique
resources
4. Collaboration across borders
Functions of Management - ANSWER ✔ 1. Planning
2. Organizing
3. Leading
4. Controlling
Management Levels - Top-level - ANSWER ✔ Senior executives
responsible for overall management and effectiveness of organization
Management Levels - Mid-level - ANSWER ✔ Report to top level
Management Levels - Frontline - ANSWER ✔ Supervise operational
activities of organization
Management Skills - ANSWER ✔ 1. Technical Skills
2. Conceptual/Decision Skills
3. Interpersonal Communication Skills
4. Relationship w/ management levels
What is plamning? - ANSWER ✔ process of making decisions about
goals and activities that they plan to pursue in the future