{"id":130614,"date":"2023-12-19T19:05:24","date_gmt":"2023-12-19T19:05:24","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=130614"},"modified":"2023-12-19T19:05:28","modified_gmt":"2023-12-19T19:05:28","slug":"midterm-exam-mgt420-mgt-420-latest-2023-2024-update-organizational-behavior-and-management-exam-questions-and-verified-answers-100-correct-grade-a-gcu","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/12\/19\/midterm-exam-mgt420-mgt-420-latest-2023-2024-update-organizational-behavior-and-management-exam-questions-and-verified-answers-100-correct-grade-a-gcu\/","title":{"rendered":"Midterm Exam: MGT420\/ MGT 420 (Latest 2023\/2024 Update) Organizational Behavior and Management Exam| Questions and Verified Answers| 100% Correct| Grade A- Gcu"},"content":{"rendered":"\n<p>Midterm Exam: MGT420\/ MGT 420 (Latest 2023\/2024 Update) Organizational Behavior and Management Exam| Questions and Verified Answers| 100% Correct| Grade A- Gcu<\/p>\n\n\n\n<p>Midterm Exam: MGT420\/ MGT 420<br>(Latest 2023\/2024 Update) Organizational<br>Behavior and Management Exam| Questions<br>and Verified Answers| 100% Correct| Grade<br>A- GCU<br>Q: Organizations as open systems<br>Answer:<br>An organization that is constantly exchanging feedback with its environment. resource input-&gt;<br>transformation process -&gt; output<br>Q: Value Creation<br>Answer:<br>Performing activities that increase the value of goods or services to consumers<br>Organizational Behavior and Management<br>Q: Performance effectiveness<br>Answer:<br>an output measure of task or goal accomplishment<br>Q: Performance efficiency<br>Answer:<br>an input measure of resource cost associated with goal accomplishment<\/p>\n\n\n\n<p>Q: Levels of Management<br>Answer:<br>board of directors -&gt; top managers -&gt; middle managers -&gt; team leaders<br>Q: Accountability<br>Answer:<br>The requirement of one person to answer to a higher authority for performance in their area of<br>responsibility<br>Q: Quality of Work Life (QWL)<br>Answer:<br>the overall quality of human experiences in the workplace<br>Q: upside-down pyramid<br>Answer:<br>A new organizational model that features workers at the top and the CEO at the bottom<br>Q: 4 Functions of Management<br>Answer:<br>planning, organizing, leading, controlling<br>Q: Mintzberg&#8217;s Managerial Roles<\/p>\n\n\n\n<p>Answer:<br>&#8220;figurehead, leader, liaison, monitor, disseminator, spokesperson, entrepreneur, disturbance<br>handler, resource allocator, and negotiator&#8221;<br>Q: Katz&#8217;s Essential Managerial Skills<br>Answer:<br>identifies three critical skill sets for successful leaders: technical skills, interpersonal (or human)<br>skills, and conceptual skills.<br>Q: Classical Management Approaches<br>Answer:<br>scientific management, administrative principles, bureaucratic organization<br>Q: Scientific Management<br>Answer:<br>Develop a &#8220;science&#8221; that includes rules of motion, standardized work implements, and proper<br>working conditions for ever job. Carefully select workers with the right abilities for the job.<br>Carefully train workers to do the job. (Fredrick Taylor)<br>Q: Administrative Principles<br>Answer:<br>A subfield of the classical perspective that focuses on the total organization rather than the<br>individual worker and delineates the management functions of planning, organizing,<br>commanding, coordinating, and controlling.<br>Q: Bureaucratic Organization<\/p>\n\n\n\n<p>Answer:<br>based on principles of logic, order, and legitimate authority<br>Q: Behavioral\/Human Resource Management Approaches<br>Answer:<br>Organizations as Communities, Maslow&#8217;s Hierarchy of Needs, Personality and Organizations,<br>Theory X, Theory Y, Hawthorne Studies<br>Q: Organizations as Communities<br>Answer:<br>Companies in which have a focus on a healthy social well-being<br>Q: Maslow&#8217;s Hierarchy of Needs<br>Answer:<br>A need a person feels compelled to satisfy. physiological, safety, love\/belonging, esteem, selfactualization<br>Q: Theory X<br>Answer:<br>Assumes workers dislike work, lack ambition, are irresponsible etc.<br>Q: Theory Y<br>Answer:<br>Assumes workers like work, strive with ambition, etc.<br>Powered by<a href=\" https:\/\/learnexams.com\/search\/study?query=\"> https:\/\/learnexams.com\/search\/study?query=<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/learnexams.com\/search\/study?query=\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/learnexams.com\/blog\/wp-content\/uploads\/2023\/12\/midterm-exam-mgt420-mgt-420-latest-20232024-update-organizational-behavior-and-management-exam-questions-and-verified-answers-100-correct-grade-a-g-725x1024.png\" alt=\"\" class=\"wp-image-130615\"\/><\/a><\/figure>\n\n\n\n<p>Workforce Diversity<br>describes the composition of a workforce in terms of gender, age, race, ethnicity, religion, sexual orientation, and able-bodiedness.<\/p>\n\n\n\n<p>Prejudice<br>the stage for diversity is set by <em>_<\/em> -the display of negative, irrational opinions and attitudes toward people who are different from us.<\/p>\n\n\n\n<p>Discrimination<br>prejudice becomes active <em>_<\/em> when minorities are unfairly treated and denied the full benefits of organizational membership.<\/p>\n\n\n\n<p>Organization<br>a collection of people working together to achieve a common purpose. It enables its members to perform tasks far beyond and single individual.<\/p>\n\n\n\n<p>Productivity<br>measures the quantity and quality of outputs relative to the cost of inputs.<\/p>\n\n\n\n<p>Performance effectiveness<br>an output measure of task or goal accomplishment. This productivity helps the company meet customer demands for timely delivery of high-quality products.<\/p>\n\n\n\n<p>Accountability<br>the requirement of one person to answer to a higher authority for performance in their area of responsibility.<\/p>\n\n\n\n<p>Functions of Management<br>planning, organizing, leading, controlling<\/p>\n\n\n\n<p>Bureaucracy<br>an intentionally rational, and very efficient form of organization founded on principles of logic, order, and legitimate authority.<\/p>\n\n\n\n<p>Need<br>a physiological or psychological tension a person feels compelled to satisfy. These tensions that influence workers&#8217; attitudes and behaviors.<\/p>\n\n\n\n<p>Hierarchy of human needs<br>contains lower-order and higher-order needs.<br>The lower-order needs are physiological needs, safety needs, and social needs.<br>The higher-order needs are esteem needs, and self-actualization needs.<\/p>\n\n\n\n<p>Deficit principle<br>a satisfied need that does not motivate behavior<\/p>\n\n\n\n<p>Progression principle<br>the five needs that exist in a hierarchy of &#8220;prepotency&#8221; that states a need is activated only when the next-lower-level need is satisfied.<\/p>\n\n\n\n<p>Theory X<br>assumes the belief that employees generally dislike work, have little ambition, are irresponsible and resistant to change, and prefer to be led rather than to lead.<\/p>\n\n\n\n<p>Theory Y<br>assumes the belief that employees arewilling to work hard, accept responsibility, are capable of self-control and self-direction, and are imaginative and creative.<\/p>\n\n\n\n<p>Total quality management<br>incorporates principles in organizations&#8217; strategic objectives. applied to all aspects of operations with a focus on meeting customers&#8217; needs by doing things right the first time.<\/p>\n\n\n\n<p>Continuous improvement<br>always looking for new ways to improve on current practices. The key takeaway is that it is critical to never be satisfied; something always can and should be improved &#8211; whether it is machines, people, processes, or relationships.<\/p>\n\n\n\n<p>Ethics<br>the moral code of principles that sets standards of good or bad, right and wrong. An individual&#8217;s moral code can be influenced by family, friends, local culture, religion, educational institutions, and individual experiences.<\/p>\n\n\n\n<p>Ethical behavior<br>the encouragement of &#8220;good&#8221; and &#8220;right&#8221; in the context of the governing moral code.<\/p>\n\n\n\n<p>Four views of ethical behavior<br>moral rights view, individualism view, justice view, utilitarian view<\/p>\n\n\n\n<p>Moral rights view<br>the view that respects and protects the fundamental rights of people.<\/p>\n\n\n\n<p>Individualism view<br>the view that society will be best off if everyone maximizes their own utility or happiness.<\/p>\n\n\n\n<p>Utilitarian view<br>the view that considers ethical behavior to be that which delivers the greatest good to the greatest number of people.<\/p>\n\n\n\n<p>Justice view<br>the view that behavior is ethical when people are treated equally according to the rules.<\/p>\n\n\n\n<p>Cultural relativism<br>the belief that there is no one right way to behave and that ethics are determined by cultural context.<\/p>\n\n\n\n<p>moral absolutism<br>the belief that if a behavior or practice is not ethical in one&#8217;s home environment, it is not acceptable anywhere else.<\/p>\n\n\n\n<p>ethical imperialism<br>an attempt to impose one&#8217;s ethical standards on others.<\/p>\n\n\n\n<p>Ethical dilemma<br>requires a choice that, although offering the potential for personal or organizational benefit, or both, may be unethical.<\/p>\n\n\n\n<p>Stakeholders<br>the persons, groups, and other organizations directly affected by the behavior of the organization and that hold a stake in its performance.<\/p>\n\n\n\n<p>The many Stakeholders of organizations<br>employees, educational institutions, suppliers, legal institutions, customers, financial institutions, stockholders, public-interest groups, labor unions, future generations, competitors, and federal, state, and local governments.<\/p>\n\n\n\n<p>Stakeholder power<br>the capacity of a stakeholder to affect the operations of an organization.<\/p>\n\n\n\n<p>Corporate social responsibility<br>the obligation of an organization to act in ways that serve the interests of multiple stakeholders, including society at large.<\/p>\n\n\n\n<p>the 3 P&#8217;s of organizational performance<br>profit, people, and planet.<\/p>\n\n\n\n<p>General environment<br>made up of all external conditions that can play a part in managerial decision making. You might think of it as a broad set of dynamic forces that surround and influence an organization.<\/p>\n\n\n\n<p>Sample elements in the general environment of organizations<br>economic environment, sociocultural environment, natural environment, technological environment, legal-political environment.<\/p>\n\n\n\n<p>Offshoring<br>the outsourcing of jobs to foreign locations.<\/p>\n\n\n\n<p>Reshoring<br>the movement of jobs from foreign locations back to domestic ones.<\/p>\n\n\n\n<p>Global Management<br>management in organizations with interests in more that one country.<\/p>\n\n\n\n<p>Global sourcing<br>purchasing materials, manufacturing components, or locating business services around the world.<\/p>\n\n\n\n<p>Licensing agreement<br>where foreign firms pay a fee for rights to make or sell another company&#8217;s products in a specifies region.<\/p>\n\n\n\n<p>Franchising<br>a form of licensing where a firm buys the rights to use another&#8217;s name and operating methods.<\/p>\n\n\n\n<p>Political risk<br>the potential loss in value of an investment in or managerial control over assets because of instability and political changes in the host country.<\/p>\n\n\n\n<p>Political risk-analysis<br>the forecast of the probability of disruptive events that can threaten the security of foreign investments.<\/p>\n\n\n\n<p>Culture<br>the shared set of beliefs, values, and patterns of behavior common to a group of people.<\/p>\n\n\n\n<p>Culture shock<br>the confusion and discomfort a person experiences when in an unfamiliar culture.<\/p>\n\n\n\n<p>Ethnocentrism<br>a tendency to view one&#8217;s culture as superior to that of others.<\/p>\n\n\n\n<p>Tight culture<br>has rigid social norms expects members to conform with them.<br>Korea, Japan, Malaysia.<\/p>\n\n\n\n<p>Loose culture<br>has relaxed social norms and allows conformity by members to vary a good deal.<br>Australia, Brazil, Hungary.<\/p>\n\n\n\n<p>First-mover advantage<br>being the first to spot, exploit, and deliver a product or service to a new market or an unrecognized niche.<\/p>\n\n\n\n<p>Social entrepreneurship<br>a form of ethical entrepreneurship that seeks ways to solve pressing social problems.<\/p>\n\n\n\n<p>Small business<br>a company that has 500 or fewer employees, is independently owned and operated, and does not dominate its industry.<\/p>\n\n\n\n<p>Franchise<br>where a business owner sells the right to operate the same business in another location.<\/p>\n\n\n\n<p>Startup<br>a new and temporary organization of venture the entrepreneur is hoping will take shape and prove successful as the business develops and matures.<\/p>\n\n\n\n<p>Succession problem<br>the issue of transferring leadership from one generation to the next.<\/p>\n\n\n\n<p>Succession plan<br>a formal statement that describes how transition and financial issues will be handled.<\/p>\n\n\n\n<p>Data mining<br>the process of analyzing data to produce useful information for decision makers.<\/p>\n\n\n\n<p>Big data<br>collected in huge quantities and is difficult to mine without using sophisticated mathematical and analytical techniques.<\/p>\n\n\n\n<p>Analytics<br>the systematic evaluation and analysis of data to make informed decisions.<\/p>\n\n\n\n<p>Systematic thinking<br>an individual&#8217;s approach to problems using a rational, step-by-step, analytical process.<\/p>\n\n\n\n<p>Intuitive thinking<br>an individual&#8217;s approach to problems in a flexible and spontaneous way, involving a quick and broad evaluation of the situation and alternative courses of action.<\/p>\n\n\n\n<p>Multidimensional thinking<br>An ability to view many problems simultaneously, in relationship to one another and across both long &amp; short time horizons.<\/p>\n\n\n\n<p>Strategic opportunism<br>the ability to remain focused on long-term objectives while being flexible enough to resolve short-term problems and opportunities in a timely way.<\/p>\n\n\n\n<p>Certain environments<br>an ideal decision-making situation because full and complete factual information is available about alternatives and their outcomes.<\/p>\n\n\n\n<p>Risk environments<br>where facts and information on alternatives and their consequences are incomplete.<\/p>\n\n\n\n<p>Planning<br>sets objectives and determining how to accomplish them.<\/p>\n\n\n\n<p>The importance of planning<br>it helps with organizing, leading, and controlling.<\/p>\n\n\n\n<p>Objectives and goals<br>specific results or desired outcomes that one intends to achieve.<\/p>\n\n\n\n<p>Stretch goals<br>performance targets that we have to work extra hard and stretch to reach.<\/p>\n\n\n\n<p>Strategic plan<br>focused on the organization as a whole or a major component. Longer-term plans that set broad action directions and create a frame of reference for allocating resources for maximum performance impact.<\/p>\n\n\n\n<p>Vision<br>clarifies the purpose of the organization and expresses what it hopes to be in the future.<\/p>\n\n\n\n<p>Tactical plan<br>developed and used to implement strategic plans Specify how resources can be used to put strategies into action.<\/p>\n\n\n\n<p>Functional plans<br>indicate how different components of the firm will contribute to the overall strategy.<\/p>\n\n\n\n<p>Policy<br>communicates broad guidelines for making decisions and taking action in specific circumstances.<\/p>\n\n\n\n<p>Procedures<br>describe specific rules for what actions are to be taken in various situations. Usually stated in employee handbooks.<\/p>\n\n\n\n<p>Contingency planning<br>identifying alternative courses of action that can be implemented if circumstances change.<\/p>\n\n\n\n<p>Benchmarking<br>the use of external and internal comparisons to better evaluate current performance and identify possible ways to improve for the future.<\/p>\n\n\n\n<p>Best practices<br>things people and organizations do to achieve superior performance.<\/p>\n\n\n\n<p>Sustainable competitive advantage<br>competitive advantage that is durable over time and difficult or costly for others to copy or imitate.<\/p>\n\n\n\n<p>Corporate strategy<br>directs the organization as a whole toward sustainable competitive advantage. Set direction and guide resource allocations for an entire company. Identifies how large and complex organizations can compete across multiple industries and markets.<\/p>\n\n\n\n<p>Functional strategy<br>sets the direction for a single business unit or product line. Decisions include choices about product and service mix, facilities locations, and new technologies.<\/p>\n\n\n\n<p>Business strategy<br>guides the use of organizational resources within a specific area such as marketing, manufacturing, finance, or human resources. better advertise products, gain distribution efficiencies, improve employee retention, and enhance customer service.<\/p>\n\n\n\n<p>Strategic analysis<br>the process of assessing the organization, its environment, its competitive positioning, and its current strategies.<\/p>\n\n\n\n<p>Strategy formulation<br>the process of developing a new or revised strategy at the corporate, business, or functional levels.<\/p>\n\n\n\n<p>Strategy implementation<br>the process of using resources to put strategies into action, and then evaluating results so that the implementation can be improved or the strategy changed.<\/p>\n\n\n\n<p>Core values<br>broad beliefs about what is or is not appropriate behavior.<\/p>\n\n\n\n<p>Organizational culture<br>the predominant value system of the organization as a whole.<\/p>\n\n\n\n<p>Core competencies<br>things the organization does exceptionally well in comparison with competitors. Capabilities that become potential sources of competitive advantage.<\/p>\n\n\n\n<p>sources;<br><a href=\"https:\/\/www.gcu.edu\/\nhttps:\/\/yaveni.com\/\nhttps:\/\/www.rasmussen.edu\/\nhttps:\/\/www.chamberlain.edu\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.gcu.edu\/<br>https:\/\/yaveni.com\/<br>https:\/\/www.rasmussen.edu\/<br>https:\/\/www.chamberlain.edu\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Midterm Exam: MGT420\/ MGT 420 (Latest 2023\/2024 Update) Organizational Behavior and Management Exam| Questions and Verified Answers| 100% Correct| Grade A- Gcu Midterm Exam: MGT420\/ MGT 420(Latest 2023\/2024 Update) OrganizationalBehavior and Management Exam| Questionsand Verified Answers| 100% Correct| GradeA- GCUQ: Organizations as open systemsAnswer:An organization that is constantly exchanging feedback with its environment. resource input-&gt;transformation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-130614","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/130614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=130614"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/130614\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=130614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=130614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=130614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}