MGT 300 Exam 1

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  1. Four key elements that make the current business landscape different from the past:
    • Globalization
    • Technological change
    • Knowledge management
    • Collaboration across global boundaries
  2. 5 fundamental success drivers:
    • Innovation
    • Quality
    • Service
    • Speed
    • Cost competitiveness
  3. 4 traditional functions of management:
    • Planning
    • Organizing
    • Leading
    • Controlling
  4. 3 essential skill categories for managers:
    • Technical skills
    • Conceptual and decision skills
    • Interpersonal and communication skills
  5. EQ aka...
    Emotional intelligence
  6. All organizations operate in a _______.
    macroenvironment
  7. The government can affect business opportunities through…
    • Tax laws
    • Economic policies
    • International trade rulings
  8. Securities and Exchange Commission (SEC) regulates U.S. financial market and has regulations intended to...
    preotect investors
  9. How competitors compete (3):
    • Price reduction
    • New product introduction
    • Advertising campaigns

Card Set Information

Author:
xSLYx
ID:
103000
Filename:
MGT 300 Exam 1
Updated:
2011-09-20 08:24:24
Tags:
management
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Description:
MGT 300 Exam 1
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