Mid-term Review Questions Chapter 1 1. Define strategic competitiveness‚ strategy‚ competitive advantage‚ above-average returns‚ and the strategic management process. Strategic competitiveness is achieved when a firm successfully formulates and implements a value-creating strategy. Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage. Competitive advantage is when a firm implements a strategy that its
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out of four (4) questions. Question 2 (a) Identify and explain FIVE (5) roles of Henry Mintzberg’s managerial roles. (15 marks) (b) Describe the following terms: i. Centralisation (2 marks) ii. Span of control (2 marks) iii. Work specialisation (2 marks) iv. Formalisation (2 marks) v. Chain of command (2 marks) [Total: 25 marks] Question 3 (a) Explain
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Financial Management Questions bank Note: these questions could be increase over the time: Chapter 1: The Role of Financial Management Top of Form 1 1. "Shareholder wealth" in a firm is represented by: [pic]the number of people employed in the firm. [pic]the book value of the firm’s assets less the book value of its liabilities. [pic]the amount of salary paid to its employees. [pic]the market price per share of the firm’s common stock. 2. The long-run objective of financial
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1). Explain the difference between a research question and a hypothesis. Using your current or previous place of employment as a starting point‚ provide one or more research question and then develop two appropriate hypotheses. A resarch question is is a complicated question that does not have a clear cut anser too. The question is most likely variable different answers.A hypothesis is an aswer that might explane the research with lots of evidence. 2). You are the supervisor of a call center
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Research Question 3 : What are the effects of campus couple towards students’ life? | | | | | | | | | | | | | | | | | | | | | | 1 - Male | | 1 - I can have a partner to study | | | | | 2 - Female | 2 - I lost concentration to study | | | | | | | 3 - I am willing to spend everything for my partner | | | | | 4 - I am short of money after dating | | | | | | | 5 - I can save money because of dating | | | | | | 6 - I get a lot of pressure due to personal
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Likert Technique or scale. Likert Technique is a psychometric response scale often used in questionnaires‚ and is the most widely used scale in survey research. The customer is asked to evaluate each statement and in term of their perception and expectation of performance of the organization being measured. (“Customer Satisfaction‚” 2008) From the Build –A – Bear workshop case stated that their retailer had implanted an innovative Guest Satisfaction program that is tied to financial rewards for the
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Chapter 1 Introduction to Operations Management True/False 1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization’s goods or services. Answer: False Page: 4 Difficulty: Easy 2. Often‚ the collective success or failure of companies’ operations functions will impact the ability of a nation to compete with other nations. Answer: True Page: 4 Difficulty: Easy 3. Companies are either producing
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Build-A-Baby The debate on genetically modifying humans has been on the rise for many years in numerous countries. Richard Hayes writes a rebuttal article titled “Genetically Modified Humans? No Thanks” discussing why he disagrees with modifying human genes and all of the horrors it entails. Although he speaks lightly of science using this method to cure diseases‚ he knows society will take it many steps too far. He asserts that “theses same technologies also have the potential for real harm”
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systems in banking sector. Journal No: 2 Journal Title: Fuzzy Analytical Hierarchy Process in GIS Application Year: 2008 Author: M.H. Vahidnia‚ A. Alesheikh‚ A. Alimohammadi‚ A. Bassiri Resource: Faculty of Geodesy and Geomatics Eng. K.N.Toosi‚ University of Technology Problem Addressed & Finding: GIS (Geographic Information Systems)-based multicriteria analysis is used in a wide range of decision and management situations with AHP approach. Due to the disregarding of uncertainty in traditional
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of Project Management4IIBM Institute of Business ManagementExamination Paper MM.100Project Management in Information Technology Section A: Objective Type & Short Questions (30 marks) This section consists of Multiple Choice & Short Note type questions. Answer all the questions. Part One carries 1 mark each and Part two carries 5 marks each. Part One:Multiple forms:1. „Enterprise project management software (EPMS)‟ integrates information from a single project toshow the status.(T/F) 2. Gantt
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