MGT 605 Exam 1 Questions And Answers
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
,MGT 605 Exam 1 Questions And Answers
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
, MGT 605 Exam 1 Questions And Answers
cost leadership strategy - - -
correct answer ✅striving to be the lowest cost producer for a
particular level of product quality
operational excellence - - -
correct answer ✅Maximizing the efficiency of the
manufacturing/product development process to minimize costs
differentiation strategy - - -
correct answer ✅developing a product or service that has unique
characteristics valued by customers
product innovation - - -
correct answer ✅developing new products or services
specialization strategy - - -
correct answer ✅focusing on a narrow market segment or niche
and pursing either a differentiation or cost leadership strategy
within that market segment
customer intimacy - - -
correct answer ✅delivering unique and customizable products or
services to meet customers' needs and increase customer loyalty
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
,MGT 605 Exam 1 Questions And Answers
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
, MGT 605 Exam 1 Questions And Answers
cost leadership strategy - - -
correct answer ✅striving to be the lowest cost producer for a
particular level of product quality
operational excellence - - -
correct answer ✅Maximizing the efficiency of the
manufacturing/product development process to minimize costs
differentiation strategy - - -
correct answer ✅developing a product or service that has unique
characteristics valued by customers
product innovation - - -
correct answer ✅developing new products or services
specialization strategy - - -
correct answer ✅focusing on a narrow market segment or niche
and pursing either a differentiation or cost leadership strategy
within that market segment
customer intimacy - - -
correct answer ✅delivering unique and customizable products or
services to meet customers' needs and increase customer loyalty
