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questions directly off the quiz for MGMT 301 at FSU

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Question
Answer
What's a Manager's Responsibility?   Achieving organizational objectives through efficient and effective utilization of resources.  
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What are the 4 functions of Management?   Planning, Organizing, Leading, Controlling  
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What is Globalization and Diversity?   All involved either directly, there are now more "diverse" people in the market so diversity is more of an issue.  
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What's My personal management style?   Participative  
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What are some characteristics of a Participative manager?   Less directive, highly supportive. This is appropriate for highly capable employees  
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What is culture?   The values, beliefs, and assumptions about appropriate behavior that members of an organization share.  
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What's a stakeholder?   Person whose interests are affected by organizational beavior.  
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What are 6 examples of stakeholders?   Customers, Suppliers, Governments, Communitty, Employees, shareholders  
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What is EVA?   Economic Value Added; the amount of value you add to a product when transforming the raw materials into a finished product.  
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What is TQM?   Total Quality Management; the process that involves everyone in an organization focusing on the customer to continually improve product value.  
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What are the 5 artifacts of an organization's culture?   Heroes, stories, slogans, symbols, ceremonies  
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What are the three levels of the orgaizational culture piramid?   top: behavior; Middle: Values and Beliefs; Bottom: assumptions  
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What are the 9 external factors that effect business?   Customers, competition, suppliers, labor force, sharholders, society, technology, the economy, and governments.  
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What are the 6 internal factors that affect business?   Management and culture, mission, resources, systems processes, struture.  
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What are ethics?   the standards of right and wrong that influence behavior. Golden Rule, 4-way test  
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What are the 5 ways people justify unethical behavior?   Displacement & diffusion of responsibility, advantageous comparison, disregard/distortion of consequences, attribution of blame, and euphemistic labeling.  
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What is social responsibility?   the consicious effort to operate in a manner that creates a win-win situation for all stakeholders.  
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