Organizing strategy and entrepreneurship Study guides, Class notes & Summaries

Hammurabi - correct answer ( BC) established the earliest known body of laws written to govern its people which included codes for builders Code of Hammurabi - correct answer Obligation of design & construction to society Vitruvius - correct answer * Roman writer, engineer, architect lived in 1st century BC (Roman Empire) ++ He created the original d...

WGU C483 Practice Test 2 1.)The planning level with the shortest time horizon is known as _____ planning. A)operational B)tactical C)managerial D)developmental E)vertical Ans: A.) Operational 2.)The planning process is similar to the _____ process in that both have a series of steps that are typically repeated in a cycle. A)strategy-mapping B)tactical alignment C)goal-setting D)decision-making E)environmental analysis Ans: D.) Decision-making 3.)In a SWOT analysis, the absence...

ISSP - SA Chapter 3 Questions with correct Answers 2024 Frameworks A mental model comprised of several interconnected​ core​ concepts that help us to understand a system. These concepts stand alone, while supporting each other, together forming a philosophical foundation for planning. Mental models This is an abstract representation of a system—of something in the real world that we want to better understand—constructed in our imaginations. Cultivating the ability to think abou...

MNGT 3100 EXAM 1 | LATEST UPDATE | 2024/2025 | ALREADY PASSED Helps organizations make sure decisions are made with the goal of impacting the firm's overall performance is: Strategy ___________________ helps organizations identify opportunities. Entrepreneurship ___________________ helps organizations understand who helps move the organizations forward. Leadership __________________ helps organizations understand how individuals think, behave and interact with others. Psychology...

MNG3701_Study Notes. Strategic Management. Managers should realize they have an influence they can influence the competitive landscape. They need to start with a point of view of how the world can be, not how to improve what is available but rather how to alter it drastically. There are 4 transformations that influenced and continue to influence the business models and work of strategists: 1. Expansion of available strategic space – Companies can decide and change their business portfolios....

Marketing Strategy deals with pricing, selling, and producing a product. correct answers False Some strategies to avoid include the follow the leader strategy, the arms race, and do everything strategy. correct answers True Stage I of corporate development is completely centralized in the entrepreneur, who founds the company to promote an idea. correct answers True Six Sigma is an analytical method for achieving near-perfect results on a production line. correct answers True The proc...

Regarding the academic fields of psychology, leadership, entrepreneurship, and strategy, which of the following statements about leadership is true? Leadership involves using formal power as well as informal/social sources of influence to inspire action in others. __________ is sometimes defined as "the art of getting things done through the efforts of other people." Management Principles of management are often discussed or learned using the POLC framework. POLC stands for ___...

Idealist Motivation - correct answer (INNOVATION) Small-business owners who are rewarded by the chance to work on something new and creative. Optimizer Motivation - correct answer (FULFILLMENT) Owners who get personal satisfaction from being business owners. Hard Worker Motivation - correct answer (CHALLENGE) Owners who thrive on the challenge of building a larger, more profitable business Ju...

MGMT 3850 CHAPTER 16 HOMEWORK QUESTIONS AND ANSWERS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 16 Building a Team and Management Succession 1) is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it. A) Management B) Organizing C) Leadership D) Coordination Answer: C Diff: 1 Page Ref: 610 AACSB: Reflective Thinking Learning Obj.: 1 2) Leadership is: A) essen...

MGMT 3850 CHAPTER 16 HOMEWORK QUESTIONS AND ANSWERS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 16 Building a Team and Management Succession 1) ________ is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it. A) Management B) Organizing C) Leadership D) Coordination Answer: C Diff: 1 Page Ref: 610 AACSB: Reflective Thinking Learning Obj....