Organizing strategy and entrepreneurship Study guides, Class notes & Summaries

MGMT 3850 CHAPTER 16 HOMEWORK QUESTIONS AND ANSWERS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 16 Building a Team and Management Succession 1) is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it. A) Management B) Organizing C) Leadership D) Coordination Answer: C Diff: 1 Page Ref: 610 AACSB: Reflective Thinking Learning Obj.: 1 2) Leadership is: A) essen...

Delivery of products or services - ANSWER-A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. - ANSWER-What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission statement is developed. Customized products are stand...

Summary of all theory lectures with extensive notes for the master course Organizing Strategy and Entrepreneurship. Passed the exam with a 7.

BUS 1101 QUESTIONS AND ANSWERS GRADED QUIZZES "The interests of one person should never take precedence over what is best for the company as a whole" is an explanation of which of Fayol's principles of management:Subordination of individual interest. A difference between management and leadership can be defined in the following way: Management is getting things done, and leadership is inspiring action taken by others. A way to test ideas in small steps is: Experimentation. ...

MGMT 3850 CHAPTER 16 HOMEWORK QUESTIONS AND ANSWERS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 16 Building a Team and Management Succession 1) ________ is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it. A) Management B) Organizing C) Leadership D) Coordination Answer: C Diff: 1 Page Ref: 610 AACSB: Reflective Thinking Learning Obj....

Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? - answerAnalysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? - answerStrengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? - answerCore competencies According to Michael Porter's c...

organization - correct answer systematic arrangement of people brought together to accomplish some specific purpose. 3 common characteristics of organizations - correct answer every organization has a purpose and is made up of people who are grouped in some fashion. no purpose or goal can be achieved without people making decisions to establish the purpose and performing a variety of activities to make the goal a reality. all org...

DECA Finance Exam Questions and Answers Already Graded A debtor-creditor relationship A debtor is someone who owes a financial obligation (a "debt") to another, known as the creditor. Interest must be charged. affinity fraud - Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. - The fraudsters who promote affinity scams frequently are - or pretend to be - members of the group. -...

MGMT 3850 CHAPTER 16 HOMEWORK QUESTIONS AND ANSWERS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 16 Building a Team and Management Succession 1) ________ is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it. A) Management B) Organizing C) Leadership D) Coordination Answer: C Diff: 1 Page Ref: 610 AACSB: Reflective Thinking Learning Obj.: 1 2) Leadership...

WGU C483 Principles of Management - (Pre-Assessment) Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? Strengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? Core competencies Ac...