...[pic] MGT 330 Self-Assessment Questions Note: Answers to questions appear on the last page of this document. 1. Which of the following is an aspect of the organizing function of management? a. Allocating resources b. Setting goals and courses of action c. Comparing actual performance with established standards d. Maintaining morale e. Molding company culture 2. Differentiation is the degree to which differentiated work units work together and coordinate their efforts. a. True b. False 3. A(n) ________________ is characterized by an organizational structure that has flexible lines of authority, fewer specialized jobs, and decentralized decision-making. a. Flexible organization b. Autonomous organization c. Mechanistic organization d. Organic organization e. Federal organization 4. A matrix organization is a structure in which each worker reports to one boss, who in turn reports to one boss. a. True b. False 5. ___________________________ bars discrimination based on race, color, religion, sex, or national origin. a. The American with Disabilities Act of 1990 b. The Civil Rights Act of 1991 c. Title VII of the Civil Rights Act of 1964 d. The Wagner Act e. The Equal Pay Act of 1963 6. A learning organization is characterized by creating, acquiring, and transferring knowledge. a. True b. False [pic] MGT 330 Self-Assessment Answers 1. a Chapter 8:...
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...________________2nd _______________Other Patient Last Name First Name Initial D.O.B. Sex Date Description CPT Description CPT Description CPT |New Patients||Injections||Laboratory Proc| |Eval & Mgt -Brief 99201||Solu-Medrol 40mg J2920||Hemmocult 82270| |Eval & Mgt -Limited 99202||Solu-Medrol 120mg J2930||Rapid Throat Cult 87070| |Eval & Mgt -Inter 99203||Toradol 60mg J1885||Urinalysis 81000| |Eval & Mgt -Ext 99204||Vitamin B-12 J3420||Urine Dip 81002| |Eval & Mgt -Comp 99205||Phenergan 50mg J2550||Pro Urine 82570QW| |||Rocephin 1gram J0696||Glucose Random 82947QW| |Well Exam-5-11 yrs old 99383||Depotestosterone 200 mg J1071||Protime 85610QW| |Well Exam-12- 17 yrs old 99384||Injection(s); single tendon ...
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...Unethical Corporate Practices Carol Bramlett MGT/521 December 1, 2013 Heather Rideout Unethical Corporate Practices 2. What was the culture at Lehman Brothers like? How did this culture contribute to the company’s downfall? The Lehman Brothers management encouraged excess risk taking by its employees and rewarded them handsomely for this. The management also encouraged staff that took questionable deals and punished whoever was critical of company policies. It was also very secretive in addressing the remunerations of the top management and openly filed their financial reports wrongly to please investors and attract more clients. The Lehman management was also profit oriented opting to reduce health insurance of its employees in order to maximize on profits. This shows the extent management was willing to sacrifice to fulfill the company’s appetite for money placing their staffs’ interests in the backseat. 3. What role did Lehman’s executives play in the company’s collapse? Were they being responsible and ethical? Discuss. The Lehman management openly violated the ethics code of business. For example they filed unverifiable, inaccurate financial reports openly contravening the Sarbanes-Oxley Act that states that companies should file correct and accurate financial documents. They also disregarded legit means of conducting business creating a culture where staff that practiced illegitimate means were idolized and rewarded thus encouraged to continue with their ways...
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...MGT 210 Omar Salam * CASE 1 (p.55) 1) A field of work where there is no management hierarchy, an employee is his own boss. Basically everyone is expected to lead and be an entrepreneur in their own role. 2) Having no manager means no organizing, everyone is their own boss. Employees will start taking decisions by their own, anyone can initiate a project and implement innovative ideas without titles or a hierarchy. Some people will develop a sense of leading, an upgrade in their own personality. 3) Challenges are faced by holacratic like structure arrangement, account ability, and the authority to hire, fire and decide pay. 4) A holacratic organization is a fascinating way of work and unleash a creativity. By working there I will hold responsibility of my own work, have access to any field I fit in with my ideas. It’s a free space work very similar to working at Google, where they keep a positive flow on their desk to insure maximum creativity. * CASE 2 (p.56) 1) Mintzberg’s approach contains, Figurehead, leader, liaison, disseminator, spokesperson, entrepreneur, disturbance handler, resource allocator, and negotiator. In order for Project Oxygen to work, we have to break down those roles in a form of functions. 2) There is no surprise in this kind of organization. This is a better way of finding the “right boss” using performance feedback. 3) To be successful you have to help other to succeed too. A manager should help people, give...
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...MGT 300 CHAPTER 1 1.Apple has consistently outperformed its key rival through development of their product and continues to make its product smaller and less expensive, while providing complementary features such as games and application. All of the product they create have to be easy to understand and learn. 2.The types of information employees at the Apple store require believe is whatever product a customer’s returns find out is what wrong with the item. The item get this way and they can fix it in an reasonable time. Then customer satisfaction after the issues been resolving is the customer happy about the product. Types of information the executives at Apples corporate headquarters require to know how the product is made. The company’s sales activities the inventory where Apple products is sold to the employees. I don’t think there is a link between the two because the employees at the Apples store only concern is customers satisfaction as where the headquarters is all of the above from the customers to the employees because without the customers there no money which there no business and the employees need to be trained well enough where Apple won’t have a bad name. CHAPTER 2 1.Apple and the core domain of competitive intelligence professionals start with Apple processor choice are strategic decision, Apple prefers to control design and Apple has mastered media commerce. Thus, Apple can gain business intelligence through the implementation of a customer relationship...
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...Week 1 Assignment 1 Sharon Thomas Tiffin University May 10, 2016 MGT 411_190 International Management Instructor: Laura Mays After reading the cultural orientation framework, I believe that relations will be a hard one for me to change or adjust within another culture if that culture beliefs were different from mine. The most challenging one for me is Collective which states “People in a group should be responsible for each other, and everyone is responsible to fulfill the group’s needs. The group may be extended family, the community, or any other large group (International Management Behavior, Pg. 63). Diverse societies will have distinctive definitions for "gathering," and will have diverse methods for choosing/making sense of who can have a place with specific gatherings, what practices are satisfactory inside specific gatherings, the level of contention permitted in a gathering, and ordinary practices for gathering part cooperation. Distinctive societies characterize bunches and the judging prerequisites for enrollment and conduct in various ways. Social contrasts inside gatherings influence bunch procedures and results. For instance, not all societies have...
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...To: Dr Stephen Quick From: Davida Clement, Student Date: October 21, 2014 Subject: Team Leadership MGT 521 Memo As a manager have a substantial role when it comes to motivating the team to produce results. The manager must do this based on a method of leadership as required by the organization and the leaders of the business organization. The ultimate plan is to successfully lead the new team to meet the organization’s goals based on the results of the personality assessment as instructed and outlined in the directions of the new division’s plans. Every member of the team will be involved in this portion of the process. All of the personality assessments have been completed the results will be discussed in the next section of this memo. In addition, an evaluation in terms of urgency, culture and anything else applicable will be discussed and provided. Next, any necessary leadership approaches based on the information provided will be included as well. Finally, there will be a discussion of any principles used when applying leadership theories. As the manager it is important to determine the right strategy to change the culture of the organization. It is equally important for the tone of management to be set; mainly top managers need to be positive role...
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...Case Analysis 1 MGT 309 25 Oct 15 Christopher A. Aberle James Maddox Christopher A. Aberle MGT 309 Case Analysis 1 25 Oct 15 Introduction Gard Automotive Manufacturing (GARD), is an original equipment manufacturer (OEM) which makes a range of plastic products such as window and door handles, dashboards and control knobs for light trucks and autos for U.S. auto producers. One of the companies that GARD buys from year in and out is DuPont Engineering Polymers (DEP) which has been a stable company and a top product which earned another contract this year. “Tom Lippet, sales representative for DuPont Engineering Polymers (DEP)” has been working with “Mike O’Leary, purchasing agent at GARD” for years concerning the contract who will be retiring in a few months and Richard Binish will be O’Leary’s successor. He is ready to make some changes which will bring up some questions in DEPs eyes in the business game. “In Binish’s terms, product merely becomes a ‘qualifying criterion.’ If everyone’s product is comparable, especially in something such as polymer feedstock, how do you distinguish yourself? Binish claims companies will need to demonstrate something called ‘order winning criteria’ to get our business in the future.” For DEP to keep the GARD business, they will need to improve its logistical performance to meet rising expectations from the customers. Body Certain stages are adding value in the DEP/GARD supply chain which shows what is needed to have...
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...Global Financing and the Exchange Rate Mechanisms xxxxxxxx MGT/448 February 15th, 2012 xxxx Global Financing and the Exchange Rate Mechanisms During the height of World War Two representatives from 44 countries met in New Hampshire to design a new monetary system to replace the collapsed Gold Standard system. The agreement reached established two multinational institutions the International Monetary Fund (IMF) and the World Bank. The IMF job would be to maintain order in the international monetary system, the World Bank job would be to promote general economic development. The agreement called for a system of fixed exchange rates that would be enforced by the IMF. The IMF was the main custodian; it would try to avoid a repetition of the past through a combination of discipline and flexibility. Discipline the need to maintain a fixed exchange rate, slow down competitive devaluation, and bring stability to the world trade environment. The IMF enforces a fixed exchange rate and imposes monetary discipline on countries, thereby curtailing price inflation. The IMF stood ready to lend foreign currencies to members to get them over short periods of payment deficits. A pool of gold and currencies were contributed by IMF members to provide the resources for lending. Countries were allowed to borrow from the IMF without adhering to a specific agreement. Countries the borrowed heavily would have to agree to increasingly stringent IMF supervision of its macroeconomic...
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...Baruch College MGT 3121 Zicklin School of Business Fall 2015 Department of Management SERVICE OPERATIONS MANAGEMENT CHAPTER 16: Managing Service Projects Using Fitzsimmons and Fitzsimmons Text 8th ed 1. (One Point) The critical path for a project with uncertain activity times is not known for certain until after the project is completed. (T or F) 2. (One Point) A project can be defined as a set of complex interrelated tasks with different requirements regarding activity time and resources, but with a high degree of repetitiveness. (T or F) 3. (One Point) Gantt charts fail to indicate the interdependence among project activities. (T or F) 4. (One Point) The critical path refers to the sequence of activities that represent the longest time path through a project network. (T or F) 5. (One Point) The term total slack refers to the amount of time an activity can be delayed without delaying the start of a subsequent activity. (T or F) 6. (One Point) It is possible to delay the start of a non-critical activity and, in the process, make a following activity critical. (T or F) 7. (One Point) List the four sequential stages of team development: ANSWER: 8. (One Point) Which one of the following is not a critical time estimate for a Beta distribution? a. optimistic time. b. pessimistic time. c. most likely time. d. expected time. 9. (One Point) The five functions of...
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...Since the recession began in December 2007, there has been a lack of jobs and job security. According to the Department of Labour (2009), the official unemployment for 2009 was 9.3% of the total labour force. Going to temporary agencies will only get their foot in the door at a prospective employer; however, their qualifications, work ethic, and knowledge might keep them there. Employers are looking to hire employees who have a certain skill set and training that could help improve their business. They also are looking for managers to step in with the knowledge and expertise to be efficient in managing others and their business. The reason for pursuing a Masters in Business Administration degree is to start a new career. “Equipping yourself with an MBA degree during the phase of slow down helps you to position yourself strategically when the upturn begins” (Saxena). The argument will be based on personal and professional goals for getting an MBA, including: family, leadership skills, develop into a marketable asset, better career prospects, job progression, and to gain the skills to adapt to the changing workforce. Furthermore the argument will analyze the personal perception and perception of others regarding the Jungian assessment. Having both personal and professional goals set will help someone accomplish the great opportunity of pursuing an MBA to start a new career. A personal goal for pursuing an MBA could be for the betterment of a family. Pursuing an MBA is not solely...
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...Control Mechanisms University of Phoenix MGT/330 September 29, 2010 Introduction Wal-Mart is undoubtedly the number one seller globally and has accomplished it all in less than 50 years. When Wal-Mart opened in 1962 never did Sam Walton believe that in 2008, his company would be able to bring in sales profits that surpass $100 billion, and that says a great deal for a company to attain that when the country was dealing with a recession. The vision and goal of the company was to ensure that every customer would have the opportunity to find a place that would offer fair priced worth products to all consumers and equality shown to customers as well. That vision continues as of today while Wal-Mart guarantees that they will counterpart any competitor’s price. Not only does Wal-Mart have more than 650,000 people on staff they also manage more than 2,900 stores internationally as well. Besides the customary Wal-Mart, there is also the Super Wal-Mart that sells food and beverage goods as well as house commodities and automotive products and a section that includes a pharmacy inside too. All together that makes Wal-Mart a one stop shopping experience. The next branch of the Wal-Mart family is the Wal-Mart neighborhood grocery stores. These stores center their attention on food, beverage, and pharmacy goods period. These particular stores are smaller but they do include all the aspects of a customary grocery store. Last the Wal-Mart family also...
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...Chapters 1&2 MGT 571 Joseph Suto Chapter 1 1.1: A positive analysis would be that raising the minimum wage to $7.00 an hour would increase workers wages. A normative analysis would be that all working people should earn a wage to live on. 1.3: The reason it is important to look at a good’s real price as opposed to its nominal price is the real price accounts for changes in the value of money. The nominal price does not reflect the changes on what money is worth at different times. 1.5: Vending machines are prevalent in Tokyo because there is very little additional explicit and implicit cost to these vending machines. There are few employees to pay, very little over head in buildings rental or space permits to place newsstands. This allows the owner to make money for very little work and investment of time and money. 1.9: False, The $5 Billion is a sunk cost and cannot be recovered. If the revenues are expected to continue to be lower than cost then it should be dropped and find a new venture for revenue. 1.10: President Lincoln was not under paid for his services in 1863. That $25,000 salary in 1863 would be worth $626.111.00 in today’s dollars based on the following calculation: 2011 price = 1863 price x(2011 CPI/1950 CPI) $626,111.00= $25,000.00x(225.4/9) Chapter 2 1: The supply and demand model can be used to in reverse to explain market outcomes by splitting the model into four sections and based on the position of the new equilibrium we can determine...
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...Innovation and Strategic Management Annotated Bibliography MGT/411 Article One: Innovation and Strategic Management Annotated Bibliography Sánchez, A., Lago, A., Ferràs, X., & Ribera, J (2011) Innovation Management Practices, Strategic Adaptation, and Business Results: Evidence from the Electronics Industry. Journal of Technology Management & Innovation; 2011, Vol. 6 Issue 2, p14-39. Retrieved from Ebscohost The study in this write up was conducted to carefully evaluate if any; the relationship between bring up new ideas and working guidelines and the benefits to a company down the road. Studies have over time suggested that agencies run under government make efforts to encourage creativity and new ideas in small and medium scale businesses. These agencies do this to strengthen the competitive edge of small and medium scale enterprises. But we must state that at this time, there are no long term results to validate these efforts. The writers used graphic projections to design a business model for these enterprises to follow. The type of companies studied shared a lot in common; like size and positions on the business ladder. The results were sufficient enough to show an increase in revenue but not profits or productivity in these companies. Article Two: Almirall, E., & Casadesus-Masanell, R. (2010). Open Versus Closed Innovation: A model of Discovery and Divergence. Academy of Management Review; Jan2010, Vol. 35 Issue 1, p27-47...
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...Decision-Making Process Sandra Wilton MGT/230 August 29, 2013 Pat Chatman Decision-Making Process My journey thinking about college was very long with many years of dreaming to enroll in school. There was always something in the way of me getting my education. Graduation was over 35 years ago in 1976. I found myself not being able to move up in jobs because I did not have a degree. Everything I applied for needed that piece of paper. Being a single Mom and raising a daughter it just was not in the cards for me to attend school. There was also another fear that it may be too hard and that passing would be too much of a challenge. I found myself being very hard on myself and talking my way out of pursuing my dream. My son came along fourteen years later and now I had two children and no extra time or money. The dream continued and my daughter graduated from college. Being so proud but still feeling that void. My son registered for college and had a year under his belt. I decided I needed to at least look into it and see what it may take for me to enroll. Being excited and scared I thought my turn is going to happen so the call went into University of Phoenix as well as others and my goal began. I was in step one of my biggest decision. Step two was determining which school would be my choice. Several schools were looked at and University of Phoenix was chosen and my life was to be different from now on. Working through steps three...
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