MECE Study guides, Class notes & Summaries

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

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 successful emotional intelligence discussed in class was:...

ARE 112 Midterm Exam 1 Questions & Answers 2023/2024 What is seen with incremental change? - ANSWER-Reactive change & Incremental Change What are the three parts of the analytical approach? - ANSWER-Describe, Prescribe, Diagnose What is the purpose of an organization? - ANSWER-Optimize and satisfy a goal What did the long wall and short wall discussions pertain to? - ANSWER-The systems approach What best describes the business process re-engineering approach? - ANSWER-Operational ...

MECE - -Mutually Exclusive (each issue is separate & distinct) Collectively Exhaustive (every aspect comes under only one issue) -McKinsey Tool --know all the facts/details -guard against making early selection of solutions before all other facts are known Mother City - -Caral, Peru; "mother city" of Incan civilization -complexity and scope -hierarchy of living arrangements -served as a major trade area --> rise of class divisions Transaction Costs - -Williamson interview -c...

Optimizing and Satisficing - ANSWER--organizations exist to achieve a goal by either optimizing or satisfying MECE - ANSWER--Mutually Exclusive: each issue is separate and distinct -Collectively Exhaustive: every aspect comes under only one issue Herbert Simon - ANSWER-Bound rationality: the ability to make decisions is limited by a number of factors (cognitive limitations, time available, etc.) Classical Management? Types & founders? - ANSWER--Careful selection and training of worke...

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 ...

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....

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...

MECE 211 (2022-2023 FIRST SEMESTER TEST 1 MARKING SCHEME).

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 successful emotional intelligence discussed in class was:...