GMS 200 Study guides, Class notes & Summaries

global management - ANSWER management in businesses and organization with interests in more than one country globalized economy - ANSWER increasing interdependence of would economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spead of technologies. T/F - In a competitive global business landscape, the increasing demand for talented, knowledge workers is primary due to the increasing use o low-cost pro...

Ethics - ANSWER code of moral principles that set standards of conduct of what is good and right Organizations as open system - ANSWER composed or interrelated parts that function together Line Manager - ANSWER Responsible for work activities that directly affect organization's outputs Staff Manager - ANSWER have technical expertise to advise/ support line workers Functional Manager - ANSWER responsible for a single area of activity General Managers - ANSWER responsible for activ...

GMS 200: Chapter 7 Questions and Answers 100% Pass Analytical Competency - Answer- The ability to evaluate and analyze information to make actual decisions and solve real problems Analytics - Answer- The systematic gathering and processing of data to make informed decisions Anchoring and Adjustment Bias - Answer- Decision-making based on incremental adjustments from a prior decision point Availability Bias - Answer- Decision-making based on recent information or events Behavioural Decisi...

GMS 200 – Midterm Exam Questions and Answers 100% Pass Ethics - Answer- code of moral principles that set standards of conduct of what is good and right Organizations as open system - Answer- composed or interrelated parts that function together Line Manager - Answer- Responsible for work activities that directly affect organization's outputs Staff Manager - Answer- have technical expertise to advise/ support line workers Functional Manager - Answer- responsible for a single area of ...

GMS 200 – MIDTERM EXAM QUESTIONS AND ANSWERS Intellectual capital - Answer- Collective brainpower of a workforce that can be used to create value Resource inputs - Answer- People, money, materials, technology, information Transformation process - Answer- Work activities turn resources into outputs Product outputs - Answer- Finished goods and services Organizations - Answer- People working together to achieve a common purpose Value creation - Answer- When an organizations operations add ...

GMS 200 - Chapter 1 Practice Questions and Answers 100% Pass Talent - Answer- Crucial foundation for organizational performance Intellectual capital - Answer- the collective brainpower or shared knowledge of a workforce Competency - Answer- personal talents/job related capabilities Commitment - Answer- How hard you work to apply talents and capabilities competency x commitment - Answer- intellectual capital equation Knowledge workers - Answer- employees whose main contribution to the org...

GMS 200 Midterm Exam Questions and Answers 100% Pass • Intellectual Capital - Answer- the collective brainpower of shared knowledge of a workplace that can be used to create value. • Knowledge Worker - Answer- is someone whose mind is a critical asset to employers. • Workforce Diversity - Answer- describes differences among workers in gender, race, age, ethnicity, religion, sexual orientation, and able-bodiedness. • Prejudice - Answer- is the display of negative, irrational attitu...

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 ...

GMS 200 – Midterm Exam Questions and Answers 100% Pass Ethics - Answer- code of moral principles that set standards of conduct of what is good and right Organizations as open system - Answer- composed or interrelated parts that function together Line Manager - Answer- Responsible for work activities that directly affect organization's outputs Staff Manager - Answer- have technical expertise to advise/ support line workers Functional Manager - Answer- responsible for a single area of ...