Sample MCQ’s practice exam MGMT1001 1. Which of the following is true concerning the effectiveness of group decision making over individual decision making? a. Group effectiveness is influenced by its size‚ b. Groups are less creative than individuals. c. Individuals are always outperformed by groups. d. Individuals tend to be more accurate. e. Groups are more accepting of the final decision. 2. Which of the following factors WOULD NOT influence an organisation to have a higher degree of centralisation
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Managing a redundancy process A Guest Article by Richard Linskell November 2007 www.tcii.co.uk Building Profitable Business Managing a redundancy process A Guest Article by Richard Linskell for TCii Management Consultants Impact of the credit crunch As a result of the recent credit crunch‚ many sectors are already starting to notice a downturn in business‚ or at least more difficult trading conditions. This may‚ in due course‚ impact on profits‚ leading many businesses to consider
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Marketing communication is mostly known as “ the process by which the marketer develops and presents an appropriate set of communication stimulus to a defined target audience with the intention of eliciting a decisive set of responses”( Yeshin‚ 1999). Therefore‚ it is the process whereby thoughts are shared and meanings conveyed in a convincing manner by an organization to its target audience for the patronage of their product and services over their competitors with the use of the promotional mix
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Managing For Success Paul A. Piazza Management 330 Dr. Trakas November 14‚ 2010 Managing For Success Managing in today’s fast paced world of business is no easy task. Managers at all levels have to adapt as the world around them changes. They have to utilize all tools to manage effectively. The first topic of this essay is to explain what management is. It will cover the four functions of managing which are planning‚ organizing‚ leading and controlling. Different
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1 Managing Marketing Programs Pricing Strategies- Mobile Phone Industry By Parvez Rangwalla Email-ID:pryprv@gmail.com Welingkar Institute of Management Development & Research‚ Bangalore. 2 Topics Covered:Topic Page No 1. History and growth of mobile phone industry in India 3 2. Current scenario of Mobile phone industry 4 3. Marketing strategies of Major players- Nokia and Samsung 7 4. Pricing Strategies in Mobile Phone Industry 12 5. Current trend in mobile industry 17 6. Future of mobile industry
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Various literatures indicate that managing diversity within today’s labor force has become a primary concern for companies and organizations today. According to the Bureau of Labor Statistics (2012)‚ compared with the labor force of past decades‚ today’s labor force is older‚ more racially and ethnically diverse‚ and composed of more women. Over the next decade‚ the labor force will become even more racially and ethnically diverse (Bureau of Labor Statistics‚ 2012). Non-Hispanic whites made up
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in your business allows you to better recruit employees and have a better relationship with them. Having the right team of individuals who complement each other working towards a common goal makes managing so much easier‚ ultimately creating a successful business. Peter Drucker in his article‚ Managing Oneself‚ posed a number of questions one should answer in becoming self aware. I do not know how to answer these questions; I am yet to figure out where I stand in this life of mine and who I am as
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Managing Oneself By: Peter Drucker Tami Cusick Loma Linda University EMMC 453 The article “Managing Oneself” is mainly about that in order to be successful you have to know and understand yourself. I agreed with Drucker that if you have ambition and smarts and work your way up in your profession that it doesn’t matter where you started. There are many upper level managers that started as a field employee within AMR. It is clear that they were ambitious and chose to continue
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companies have asked their accountants to help "manage earnings." What does it mean to manage earnings? Who is more likely to be involved in such a situation‚ the financial accountant or the management accountant? Why? Do you believe that managing earnings is ethical? Discuss the rationale for your answer. The major role of financial reporting is to effectively communicate financial information to outsiders in a timely and credible manner. To do so‚ managers are given opportunities to exercise
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The idiom “there are plenty of fish in the sea” is not literally true. In fact‚ the documentary‚ The End of the Line‚ has estimated that by approximately 2050‚ there will be no fish in the sea. Overfishing is a serious issue that involves taking wildlife at increasingly higher rates than the species can replace. Because this issue is hidden under waters‚ people do not realize the seriousness nor do they realize the consequences. This film highlights some of the well-known species‚ such as bluefin
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