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- Study guides, Class notes & Summaries
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Exam (elaborations)
GB 370 Exam 1 Gentry Ole Miss QUESTIONS & ANSWERS(RATED A+)
Basic managerial roles and skills - ANSWER-all managers must play certain roles and exhibit specific skills in order to be successful
-do certain things
-meet certain needs
-have certain responsibilities
P-O-L-C framework - ANSWERplanning, organizing, leading, controlling
principles of management - ANSWERthe means by which you actually get things done through others - individually, in groups, or in organizations
-set of behaviors
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GB 370 OLE MISS UNIT 8- CHAPTER 7 PRINCIPLES BOOK (GENTRY)CORRECT 100%
organizational structure - ANSWERhow individual and teamwork within an organization are coordinated
centralization - ANSWERauthority is concentrated at higher levels
decentralized - ANSWERmore authority is given to lower-level employees
T/F
In countries like Russia and Greece, family and background count for more than performance does. - ANSWERTrue
Hierarchy as an organization is necessary for _______
a) decentralization
b) lunch meetings
c) communication
d) unity of command - ANSWERUnity of Command
T/F
In highly assertive countries, competition between individuals and groups is discouraged. - ANSWERFalse
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GB 370 | Unit 7 QUESTIONS & ANSWERS
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6
April 2026
2025/2026
A+
Your business plan should include a _____________ ________ for how you'll apply your brand strategically throughout the company. - ANSWERbranding strategy
Branding strategy should include: - ANSWERone or two elements of your product or service, describe your company's purpose, and define your target customer
What are the 3 steps to building a Branding strategy? - ANSWER(1) Set yourself apart, (2) know your target customer, (3) develop a personality
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GB 370 TEST 1 - OLE MISS GENTRY QUESTIONS & ANSWERS(RATED A+)
20% time - ANSWERwork time you get back in order to pursue projects that are commercially relevant to the company but basically unobserved by management; when a company gives employees part of their time to come up with creative ideas to benefit the company which is then proposed to management team to illustrate the significant influences
#C@D (# "crying at desk") - ANSWERrequirement that all meetings held between employees and management must have a memo/agenda printed up and handed ou...
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Exam (elaborations)
GB 370 Gentry Final QUESTIONS & ANSWERS(GRADED A+)
In countries like Russia and Greece, family and background count for more than performance does. - ANSWERTrue
Hierarchy as an organization is necessary for - ANSWERUnity of Command
In highly assertive countries, competition between
individuals and groups is discouraged. - ANSWERFalse
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GB 370 TEST 2 OLE MISS GENTRY QUESTIONS & ANSWERS(RATED A+)
Global efficiencies - ANSWERlocation efficiencies
economies of scale
economies of scope
Location efficiencies - ANSWERseeking lower input cost locations
Economies of scale - ANSWERlarger facilities result in lower costs
Economies of scope - ANSWERbroadening product lines
Multimarket flexibility - ANSWERinternational businesses may respond to a change in one country by implementing a change in another country
Worldwide learning - ANSWERthe diverse operating environments of multin...
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