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MGM101 Exam ACTUAL Exam Questions and CORRECT Answers

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MGM101 Exam ACTUAL Exam Questions and CORRECT Answers Locus of control - CORRECT ANSWER - Extent to which people believe that their behaviour has a real effect on what happens to them Self-efficacy - CORRECT ANSWER - Belief about the capabilities to perform a task. Authoritariansim - CORRECT ANSWER - Belief that power and status differences are appropriate within social systems such as orgs

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MGM101 Exam ACTUAL Exam Questions
and CORRECT Answers
Locus of control - CORRECT ANSWER - Extent to which people believe that their
behaviour has a real effect on what happens to them


Self-efficacy - CORRECT ANSWER - Belief about the capabilities to perform a task.



Authoritariansim - CORRECT ANSWER - Belief that power and status differences are
appropriate within social systems such as orgs.


Machiavellianism - CORRECT ANSWER - Behaviour that is designed to gain power and
control.


Risk propensity - CORRECT ANSWER - Person is willing to take chances and make risky
decisions.


Cognition - CORRECT ANSWER - Knowledge a person has about someone or
something.


Cognitive dissonance - CORRECT ANSWER - Occurs when two sets of perceptions are
contradictory or incongruent, or when people behave in a way that is inconsistent with their
attitudes.


The person-job fit - CORRECT ANSWER - Extent to which a person's contributions and
the org's inducements match one another.


Classical theory of motivation - CORRECT ANSWER - Assumes that workers are
motivated solely by money. When paid more, more will be produced.

,Hawthorne effect - CORRECT ANSWER - Early behavioural theory. Tendency for
workers productivity to increase when they feel they are getting special attention from
management.


Behavioural theory in the mid-twentieth century - CORRECT ANSWER - Theory X and
theory Y, Maslow's hierarchy, McClelland's three needs theory, Herzberg's two factor theory.


Contemporary motivation theory - CORRECT ANSWER - Expectancy theory and equity
theory.


Reinforcement - CORRECT ANSWER - Applying or withholding positive or negative
consequences to motivate employees to exhibit behaviour the manager wants.


Goal setting theory - CORRECT ANSWER - SMART goals and management by
objectives MBO.


Participative management and empowerment - CORRECT ANSWER - Tapping into
workers' knowledge about their job, encouraging them to be self-motivated to make suggestions
for improvements.


Job enrichment - CORRECT ANSWER - Adding one or more motivating factors to a job,
vertical expansion.


The trait approach - CORRECT ANSWER - Focused on identifying the essential traits that
distinguished leaders.


The behavioural approach - CORRECT ANSWER - Focused on determining what
behaviours are employed by leaders.


Three main leadership styles - CORRECT ANSWER - Autocratic, democratic, free-
rein/laissez-faire.

, Situational approach - CORRECT ANSWER - Appropriate leadership behaviour varies
from one situation to another.


Time utility - CORRECT ANSWER - Creating something at a time when consumers want
it.


Place utility - CORRECT ANSWER - Making a product available in a place convenient
for consumers.


Ownership/possession utility - CORRECT ANSWER - Making a product that consumers
can take pleasure in owning.


Form utility - CORRECT ANSWER - Turning raw materials into finished goods.



Operations or product management - CORRECT ANSWER - Systematic direction and
control of the process that transform resources into finished goods and services. Operations
managers bring raw materials, equipment, and labour together under a production plan.
Effectively using all the resources available in the production facility.


Analytic and synthetic processes - CORRECT ANSWER - Breaks down basic resources
into their component parts. Combines several raw materials to produce a finished product.


Process layouts - CORRECT ANSWER - Custom-product layout, flexible.



Product layouts - CORRECT ANSWER - Provide one type of service or to make one type
of product in a fixed sequence of production steps.


Fixed position layouts - CORRECT ANSWER - Takes labour, equipment, materials, and
other resources to the location where work is to be done.
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