GMS 200 Study guides, Class notes & Summaries

GMS 200: Chapter 7 Questions and Answers 100% Pass Analytical Competency - Answer- The ability to evaluate and analyze information to make actual decisions and solve real problems Analytics - Answer- The systematic gathering and processing of data to make informed decisions Anchoring and Adjustment Bias - Answer- Decision-making based on incremental adjustments from a prior decision point Availability Bias - Answer- Decision-making based on recent information or events Behavioural Decisi...

GMS 200 – Midterm Exam Questions and Answers 100% Pass Ethics - Answer- code of moral principles that set standards of conduct of what is good and right Organizations as open system - Answer- composed or interrelated parts that function together Line Manager - Answer- Responsible for work activities that directly affect organization's outputs Staff Manager - Answer- have technical expertise to advise/ support line workers Functional Manager - Answer- responsible for a single area of ...

GMS 200 – MIDTERM EXAM QUESTIONS AND ANSWERS Intellectual capital - Answer- Collective brainpower of a workforce that can be used to create value Resource inputs - Answer- People, money, materials, technology, information Transformation process - Answer- Work activities turn resources into outputs Product outputs - Answer- Finished goods and services Organizations - Answer- People working together to achieve a common purpose Value creation - Answer- When an organizations operations add ...

GMS 200 - Chapter 1 Practice Questions and Answers 100% Pass Talent - Answer- Crucial foundation for organizational performance Intellectual capital - Answer- the collective brainpower or shared knowledge of a workforce Competency - Answer- personal talents/job related capabilities Commitment - Answer- How hard you work to apply talents and capabilities competency x commitment - Answer- intellectual capital equation Knowledge workers - Answer- employees whose main contribution to the org...

GMS 200 Midterm Exam Questions and Answers 100% Pass • Intellectual Capital - Answer- the collective brainpower of shared knowledge of a workplace that can be used to create value. • Knowledge Worker - Answer- is someone whose mind is a critical asset to employers. • Workforce Diversity - Answer- describes differences among workers in gender, race, age, ethnicity, religion, sexual orientation, and able-bodiedness. • Prejudice - Answer- is the display of negative, irrational attitu...

GMS 200 Final Exam Questions and Answers 100% Pass Intellectual Capital - Answer- The shared knowledge of a workforce Globalization - Answer- The tedency of businesses and technologies to spread throughout the world Shamrock 3 Leaves - Answer- The 3 leaves of almost each and every organization are full time workers, contract workers and aprs-time workers Portfolio Worker - Answer- Someone who has up-to-date skills so they can move from job to job Productivity - Answer- The quantity and ...

GMS 200 – Midterm Exam Questions and Answers 100% Pass Ethics - Answer- code of moral principles that set standards of conduct of what is good and right Organizations as open system - Answer- composed or interrelated parts that function together Line Manager - Answer- Responsible for work activities that directly affect organization's outputs Staff Manager - Answer- have technical expertise to advise/ support line workers Functional Manager - Answer- responsible for a single area of ...

GMS 200 Chapter 1 Questions and Answers 100% Pass Globalization - Answer- National Boundaries of world business have largely disappeared Technology - Answer- Increasing demand of workers with technology skills Workforce Diversity - Answer- (Gender, race, ethnicity, religion, sexual orientation) offers challenges and opportunities to employees Talent - Answer- Intellectual capital is the collective brainpower of a workforce that can be used to create value Careers - Answer- People must ma...

GMS 200 EXAM QUESTIONS AND ANSWERS 100% PASS Intellectual Capital - Answer- the collective brain power or shared knowledge of a workforce Knowledge Workers - Answer- Workers whose intelligence is a critical asset to employers Glass Ceiling Effect - Answer- an invisible barrier limiting career advancement of minorities Globalization - Answer- the world interdependence of resource flows, product markets, and business conditions Organization - Answer- a collection of people working togethe...

GMS 200 Final Exam Test 100% Solved The dynamic new workplace of the 21st century is characterized by: A. A highly competitive global economy, driven by innovation and technology, that has created both unparalleled opportunities and unprecedented uncertainties. B. Smart people and smart organizations creating their own futures. C. Progressive companies sharing an important commitment to people D. All of the above. E. None of the above - Answer- D The best employers share all of the follo...