GMS 200 Study guides, Class notes & Summaries
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GMS 200 Final Exam Questions and Answers 100% Pass
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GMS 200 Final Exam Questions and 
Answers 100% Pass 
Intellectual Capital - Answer- The shared knowledge of a workforce 
Globalization - Answer- The tedency of businesses and technologies to spread 
throughout the world 
Shamrock 3 Leaves - Answer- The 3 leaves of almost each and every organization are 
full time workers, contract workers and aprs-time workers 
Portfolio Worker - Answer- Someone who has up-to-date skills so they can move from 
job to job 
Productivity - Answer- The quantity and ...
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GMS 200 Final Exam with Questions Passed 100%
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The dynamic new workplace of the 21st century is characterized by: A. 
A highly competitive global economy, driven by innovation and technology, that has created both 
unparalleled opportunities and unprecedented uncertainties. 
B. Smart people and smart organizations creating their own futures. 
C. Progressive companies sharing an important commitment to people 
D. All of the above. 
E. None of the above - D 
The best employers share all of the following characteristics EXCEPT: 
A. They have hi...
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GMS 200 Actual test Questions & answers | A Graded
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GMS 200 Actual test Questions & answers | A 
Graded 
Intellectual Capital - the collective brain power or shared knowledge of a workforce 
Knowledge Workers - Workers whose intelligence is a critical asset to employers 
Glass Ceiling Effect - an invisible barrier limiting career advancement of minorities 
Globalization - the world interdependence of resource flows, product markets, and business 
conditions 
Organization - a collection of people working together to achieve a common purpose 
Produ...
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GMS 200 MIDTERM exam 2 Questions & answers | A Graded
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Ethics - code of moral principles that set standards of conduct of what is good and right 
Organizations as open system - composed or interrelated parts that function together 
Line Manager - Responsible for work activities that directly affect organization's outputs 
Staff Manager - have technical expertise to advise/ support line workers 
Functional Manager - responsible for a single area of activity 
General Managers - responsible for activities covering many functional areas 
Adminstrators ...
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GMS 200 MIDTERM exam Questions & answers | A Graded
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ntellectual Capital - the collective brainpower of shared knowledge of a workplace that can be 
used to create value. 
• Knowledge Worker - is someone whose mind is a critical asset to employers. 
• Workforce Diversity - describes differences among workers in gender, race, age, ethnicity, 
religion, sexual orientation, and able-bodiedness. 
• Prejudice - is the display of negative, irrational attitudes towards members of diverse 
populations. 
• Discrimination - actively denies minority ...
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GMS 200 exam Questions & answers | A Graded
- Exam (elaborations) • 12 pages • 2024
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GMS 200 exam Questions & answers | A 
Graded 
Intellectual Capital - The shared knowledge of a workforce 
Globalization - The tedency of businesses and technologies to spread throughout the world 
Shamrock 3 Leaves - The 3 leaves of almost each and every organization are full time workers, 
contract workers and aprs-time workers 
Portfolio Worker - Someone who has up-to-date skills so they can move from job to job 
Productivity - The quantity and quality go work performance
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GMS 200 Final Exam Review Correct 100%
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What is entrepreneurship? - ANSWER- 
 
What are the qualities and skill needed to be an entrepreneur? - ANSWER- 
 
Who is a serial entrepreneur? - ANSWER- 
 
First Mover Advantage - ANSWER- 
 
Social Entrepreneur - ANSWER- 
 
Necessity-based entrepreneurship - ANSWER- 
 
Traits of Entrepreneurs - ANSWER- 
 
Franchise - ANSWER- 
 
Pros & Cons of Franchising - ANSWER-
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GMS 200 Final Exam Test 2024 Questions and Answers 100% Verified!!
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The dynamic new workplace of the 21st century is characterized by: A. 
A highly competitive global economy, driven by innovation and technology, that has created both unparalleled opportunities and unprecedented uncertainties. 
B. Smart people and smart organizations creating their own futures. 
C. Progressive companies sharing an important commitment to people 
D. All of the above. 
E. None of the above - ANSWER-D 
 
The best employers share all of the following characteristics EXCEPT: 
A...
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GMS 200 Exam Questions and Answers 100% Correct!!
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Venture Capitalists - ANSWER-business make large investments in new ventures 
in return for an equity stake in the business 
 
Initial Public Offering (IPO) - ANSWER-when shares of stock in the business are first sold to the 
public and then begin trading on a major stock exchange 
 
Steps in the Planning Process - ANSWER-Define your objectives: Identify desired outcomes or results in very specific ways. Know where you want to go. 
 Determine where you stand vis-à-vis objectives: Evaluate curre...
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GMS 200 Final Questions and Answers (SCORED A+)
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A manager who is reactive and works hard to address problems after they occur is known as a ________. 
(a)problem seeker 
(b)problem avoider 
(c)problem solver 
(d)problem management - ANSWER-A manager who is reactive and works hard to address problems after they occur is known as a ________. 
(a)problem seeker 
(b)problem avoider 
(c)problem solver 
(d)problem management 
 
Accountability: - ANSWER-The requirement that a manager answer to a higher-level boss for performance results achieved by ...
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