MGT 605 7-16 Exam Study Guide 2026
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organizational behavior ---CORRECT- ANSWER ☑️☑️☑️ The study of
human behavior in organizational settings, the interface between human
behavior and the organization, and the organization itself
planning ---CORRECT- ANSWER ☑️☑️☑️ the process of determining
an organizations desired future and the best means to obtain that
Organizing ---CORRECT- ANSWER ☑️☑️☑️ the process of designing
jobs, grouping jobs into units, and establishing patterns of authority
between jobs and units
leading ---CORRECT- ANSWER ☑️☑️☑️ the process of getting the
organization's members to work together toward the organization's goals
controlling ---CORRECT- ANSWER ☑️☑️☑️ the process of monitoring
and correcting the actions of the organization and its members to keep
them directed toward their goals
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tactical skills ---CORRECT- ANSWER ☑️☑️☑️ skills necessary to
accomplish specific tasks
interpersonal skills ---CORRECT- ANSWER ☑️☑️☑️ the ability to
effectively communicate with, understand, and motivate individuals and
groups
conceptual skills ---CORRECT- ANSWER ☑️☑️☑️ the ability to think
abstract
diagnostic skills ---CORRECT- ANSWER ☑️☑️☑️ The ability to
understand cause-and-effect relationships and to recognize the optimal
solutions to problems
Human Resource Management ---CORRECT- ANSWER ☑️☑️☑️ set of
organizational activities directed at attracting, developing, and
maintaining an effective workforce
competitive advantage ---CORRECT- ANSWER ☑️☑️☑️ anything that
gives a firm an edge over rivals in attracting customers and defending
itself against competition
cost leadership strategy ---CORRECT- ANSWER ☑️☑️☑️ striving to be
the lowest cost producer for a particular level of product quality