Mgt 8803 - business strategy Study guides, Study notes & Summaries
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MGT 8803 - Business Strategy questions with complete solutions
- Exam (elaborations) • 2 pages • 2023
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The management process correct answer: planning, organizing, leading, controlling 
 
planning correct answer: setting performance objectives and deciding how to achieve them 
 
organizing correct answer: arranging tasks, people, and other resources to accomplish the work 
 
leading correct answer: inspiring and motivating workers to work hard to achieve organizational goals 
 
controlling correct answer: measuring performance and taking action to ensure desired results 
 
strategy steps cor...
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MGT 8803 - Business Strategy Exam 2023-2024
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MGT 8803 - Business Strategy Exam ...
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MGT 8803 - Business Strategy EXAM WITH COMPLETE SOLUTIONS
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MGT 8803 - Business 
Strategy 
The management process - ANSWER planning, organizing, leading, controlling 
planning - ANSWER setting performance objectives and deciding how to achieve them 
organizing - ANSWER arranging tasks, people, and other resources to accomplish the 
work 
leading - ANSWER inspiring and motivating workers to work hard to achieve 
organizational goals 
controlling - ANSWER measuring performance and taking action to ensure desired 
results 
strategy steps - ANSWER 1. set goa...
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MGT 8803 - Business Strategy WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 3 pages • 2024
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The management process - ANSWER planning, organizing, leading, controlling 
planning - ANSWER setting performance objectives and deciding how to achieve them 
organizing - ANSWER arranging tasks, people, and other resources to accomplish the 
work 
leading - ANSWER inspiring and motivating workers to work hard to achieve 
organizational goals 
controlling - ANSWER measuring performance and taking action to ensure desired 
results 
strategy steps - ANSWER 1. set goals 
2. superior (financial perf...
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MGT 8803 Final Exam Questions with Correct Answers
- Exam (elaborations) • 27 pages • 2023
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MGT 8803 Final Exam Questions with Correct Answers 
 
3 factors that effect planning of organization - Answer-1) organization level (more heirarchy better with more stability) 
2) degree of uncertainty (more uncertain, shorter planning horizon) 
3) length of future commitments (planning horizon should be as long as length of longest commitment by management 
 
4 functions of management - Answer-1) planning: business goals 
2) organizing: allocating resources 
3) leading: coordinating and direct...
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Mgt 8803 - Module 4 Questions and Answers 100% Passed
- Exam (elaborations) • 17 pages • 2023
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Mgt 8803 - Module 4 Questions and Answers 100% Passed What is planning? Identifying goals and strategies to get to those goals. 
What was the focus of classical management? Productivity, making workers and organizations more efficient. 
What are Fayol's four functions of management? 1. Planning (deciding business goals and how to achieve them) 2. Organizing - (determining the best allocation of people and resources) 3. Leading - coordination the directing the activities of the employees 4. Cont...
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MGT 8803 Final Exam Questions With Answers
- Exam (elaborations) • 28 pages • 2023
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MGT 8803 Final Exam Questions 
With Answers 
3 factors that effect planning of organization - CORRECT ANSWER- 1) organization 
level (more heirarchy better with more stability) 
2) degree of uncertainty (more uncertain, shorter planning horizon) 
3) length of future commitments (planning horizon should be as long as length of 
longest commitment by management 
4 functions of management - CORRECT ANSWER- 1) planning: business goals 
2) organizing: allocating resources 
3) leading: coordinating...
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MGT 8803 SUPPLY CHAIN EXAM QUESTIONS AND ANSWERS 100% PASS
- Exam (elaborations) • 25 pages • 2023
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MGT 8803 SUPPLY CHAIN EXAM QUESTIONS AND ANSWERS 100% PASS 
Strategy can be best described as the goal directed actions to gain and sustain ___? 
- high performance in advancing industry capabilities 
- superior performance in the markets in which the firm operates 
- long term financial profits and economic viability 
- operational improvements and product advancements 
- the earth's environment and the well-being of the communities in which the firm operates superior performance in the market...
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MGT 8803 - Business Strategy
- Exam (elaborations) • 3 pages • 2023
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- R212,76
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MGT 8803 - Business 
Strategy 
The management process - ANSWER planning, organizing, leading, controlling 
planning - ANSWER setting performance objectives and deciding how to achieve them 
organizing - ANSWER arranging tasks, people, and other resources to accomplish the 
work 
leading - ANSWER inspiring and motivating workers to work hard to achieve 
organizational goals 
controlling - ANSWER measuring performance and taking action to ensure desired 
results 
strategy steps - ANSWER 1. set...
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MGT 8803 Final Exam Questions With Answers
- Exam (elaborations) • 28 pages • 2024
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- R299,87
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MGT 8803 Final Exam Questions 
With Answers 
3 factors that effect planning of organization - CORRECT ANSWER- 1) organization 
level (more heirarchy better with more stability) 
2) degree of uncertainty (more uncertain, shorter planning horizon) 
3) length of future commitments (planning horizon should be as long as length of 
longest commitment by management 
4 functions of management - CORRECT ANSWER- 1) planning: business goals 
2) organizing: allocating resources 
3) leading: coordinating...
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