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MGT 201 UTK EXAM 2|QUESTIONS AND 100% CORRECT WELL DETAILED ANSWERS|LATEST UPDATE!!!!2025/2026|GUARANTEED PASS|GRADED A+

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MGT 201 UTK EXAM 2|QUESTIONS AND 100% CORRECT WELL DETAILED ANSWERS|LATEST UPDATE!!!!2025/2026|GUARANTEED PASS|GRADED A+

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November 24, 2025
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CORRECT WELL DETAILED ANSWERS|LATEST




Accountability - ANSWER people with authority and responsibility are subject to
reporting and justifying task outcomes to those above them in chain of command



Acquired Needs - ANSWER McClelland

Achievement, affiliation, power



Activity - ANSWER Internal Performance

inventory ratio

conversion ratio



Administrative Model - ANSWER Recognizes the human and environmental limitations
that affect the degree to which managers can pursue a rational decision making process;
descriptive

Bounded Rationality

Satisficing: choosing the first that fits

Non-programmed decisions; uncertainty and ambiguity

Intuition and Quasirationality



Ambiguity - ANSWER Goals or problems to solve are unclear, alternatives are difficult
to define, and info about outcomes is unavailable



Analytical decision framework - ANSWER Complex solutions


1

,lots of data

best possible decision



Authentic Leadership - ANSWER understands themselves; values and beliefs;
encourage collaboration

Coach K



Authority - ANSWER Formal and legitimate rights of a manager to make decisions,
issue orders, and allocate resources to achieve organizationally desired outcomes



Balanced Scorecard - ANSWER comprehensive mgt control system that balances
traditional financial measures with operational measures



Behavior Approaches - ANSWER Task Vs People



Behavioral decision framework - ANSWER concern for others; feelings about a
problem



Bottom up budgeting - ANSWER lower managers make budgets and get them
approved



Brainstorming - ANSWER Face to face interactive group to spontaneously suggest as
many ideas as possible for solving problems

Electronic brainstorming

Debate; devil's advocate; avoid groupthink; escalating commitment; after action review



Budgetary Control - ANSWER set targets and monitor expenditures, expenditure
planning, responsibility centers

Expense Budget, Revenue Budget, Capital Budget, Cash Budget



2

, Centralization - ANSWER Decision authority located near top of organization



Certainty - ANSWER All the information needed is available



Chain of Command - ANSWER Unbroken line of authority that links all employees in an
organization and shows who reports to whom



Classical Model - ANSWER Based on rational economic assumptions and manager
beliefs about what ideal decision making should be; guidelines

normative: defines how decision maker should make decisions

Programmed decisions; certainty and risk

personal choice/ maximize outcome



Coercive power - ANSWER Authority to punish



Collaboration - ANSWER Joint effort to meet common goals that is greater than what
an individual could have done



Conceptual decision framework - ANSWER Lots of info; talk it out; broad; creativity



Contemporary Leadership - ANSWER ability to influence people toward attainment of
goals



Content Theories - ANSWER emphasizes the needs that motivate people

hierarchy, ERG, two factor, acquired




3

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