Mece Study guides, Class notes & Summaries

Optimizing and satisficing - ANSWER--organizations exist to achieve a goal by either optimizing or satisfying MECE a. Mutually exclusive: b. Collectively exhaustive: - ANSWER-1. Mutually exclusive: Is each issue a separate and distinct issue? 2. Collectively exhaustive: Does every aspect of the problem come under one, and only one, of the issues 3. One reason this is done is to guard against making an early selection of solutions before all the facts are known. Classical management a....

MECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEM.MECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEM.MECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEM.

Optimizing - ANSWER-Developing a strategy to choose the best option MECE - ANSWER-Mutually exclusive, collectively exhaustive Classical management - ANSWER-Focuses on productivity, efficiency, and output of workers- broken up into Scientific management & bureaucracy Scientific management - ANSWER-Taylorism. Designing jobs with standards leading to efficiency, selecting workers to fit the job design, training workers to fit the design. Bureaucracy - ANSWER-Division of labor, hierarchy...

Optimizing and Satisfying - ANSWER-Goals of the organization Transaction Costs - ANSWER-The Costs of doing business. The determinants of transaction costs are frequency, specificity, uncertainty, limited rationality, and opportunistic behavior. Also can apply to every day interactions Cost of uncertainty - ANSWER- Bounded Rationality - ANSWER- Incomplete Contracts - ANSWER- MECE - ANSWER-Mutually Exclusive Collectively Exhaustive From McKinsey Mutually Exclusive - ANSWER-Is ...

MECE E1001X DIGITAL MANUFACTURING NOTESMECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEMMECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEM SPRING SEM

MECE E1001X DIGITAL MANUFACTURING NOTESMECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEMMECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEM SPRING SEM

Alignment issues and solving performance gaps are terms from class related to: a. causes for conflicts b. none of the answers provided are correct c. resolution of conflicts d. incremental changes e. culture from the organizational interaction model - ANSWER-d. incremental changes From class we saw that changes in behavior come from: a. Two of the answers are correct b. Three of the answers are correct c. Values d. Facts e. Norms - ANSWER-d. facts The McKinsey tool we discussed i...

ARE 112 Final Exam Questions & Answers 2023/2024 Optimizing and Satisfying - ANSWER-Goals of the organization Transaction Costs - ANSWER-The Costs of doing business. The determinants of transaction costs are frequency, specificity, uncertainty, limited rationality, and opportunistic behavior. Also can apply to every day interactions Cost of uncertainty - ANSWER- Bounded Rationality - ANSWER- Incomplete Contracts - ANSWER- MECE - ANSWER-Mutually Exclusive Collectively Exhausti...

ARE 112 Final Exam Questions & Answers 2023/2024 Internal and external analysis is found in: a. BCG Growth-Share Matrix b. MECE c. Balance Scorecard d. ERP and CRM analysis e. SWOT - ANSWER-e. SWOT One the ways (term(s) or word(s) Mintzberg described the world of a manager was (were): a. linear b. two of the answers are correct c. all three answers are correct d. typology e. myths - ANSWER-b. two of the answers are correct -- typology and myths One of the barriers to succe...

MECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEMMECE E1001X DIGITAL MANUFACTURING NOTES SPRING SEM