BMG Study guides, Class notes & Summaries

1. According to the opening case, the most important reason to assemble iPhones in China was due to: A.lower labour costs in China B. foreign exchange rates C. consumer preferences for foreign items D. the ability to scale production up and down E. tariffs and trade barriers 2. The trend toward a more integrated and interdependent global economic system that has been in place for manyyears is commonly referred to as: A. market standardization B. cross-border integration C. globalizati...

BMGT 4930 Exam 1 New Update 2024 competitive advantage - ANS-what sets an organization apart from others and is the ultimate purpose of strategic management strategy - ANS-an integrated and coordinated set of commitments and actions to exploit core competencies and gain a competitive advantage core competencies - ANS-have to be valuable to the market and unique to you; base for competitive advantage 5 Ps of strategy - ANS-plan, ploy, pattern, position, perspective plan - ANS-set of st...

BMGT 364 Test Questions with All Correct Answers Organizational Behavior - ANSWER The study of human behavior within an organization. The main goal of OB is to explain and predict behavior within an organization. (on an individual, group, and organizational level) By examining behavior in three different levels of influence — at the individual, group and organizational level — organizations can better understand performance in the workplace and improve interactions among empl...

BMGT 364 Final Exam Questions and Correct Answers Why study leadership? - ANSWER Faster rate of change Command and control- less effective and accepted Impact on the bottom line Responsibility and Ethical considerations Faster rate of change - ANSWER one major role of leadership is to adapt and predict change. With the increase in the rate of change in many fields and markets, understanding leadership becomes more important. (i.e. technology) Command and control - ANS...

BMGT 110 Final Exam Questions And Answers

BMGT QUESTIONS AND ANSWERS (2023/2024) (VERIFIED ANSWERS)

tort correct answers a civil wrong that is not a breach of contract compensatory damages correct answers damages for physical injuries intentional conduct, recklessness, neglilence, strict liability correct answers what are four basic kinds of misconduct? intent correct answers the desire to cause certain consequences or the substantial certainty (that those consequences will result in misconduct) recklessness correct answers the conscious indifference to a known and substantial risk...

Globalization correct answers The integration of markets, capital, nation-states, and technologies in ways that allow individuals, groups, corporations and countries to reach around the world farther, faster, deeper, and cheaper than ever before. Drivers of Globalization correct answers 1. Increased customer demands and access to competing products 2.Technological innovation and application 3. Increased power and influence of emerging markets and economies 4. Shared R&D and global sourcing...

Unequal resources Key Takeaways: correct answers -People tend to focus on legitimate power and sometimes feel powerless when they do not have legitimate power. - In this task, people generally use the exchange influence tactic and do not think to use rational persuasion or personal appeals which may also be effective. -Having (and not have power) affects how we feel about the task (e.g., withdrawal) and how we behave (e.g., approach-orientation). What is power? correct answers .is the ...

BMGT 110 – Quiz 4 Week 5 complete questions and answers University of Maryland, University College