Mgm101 Midterm

Topics: Ethics, Business ethics, Management Pages: 3 (799 words) Published: November 24, 2012
MGM101 Test #3 Short Answer Questions

Organizations can use internal recruitment and external recruitment activities to find the best employees for a position. Describe these two approaches and provide one advantage for using each approach. (4 Marks)

One mark for each correct description and an additional mark for providing an advantage: External - Candidates are sought from outside of the organization (not current employees) through methods such as want ads, head hunters (recruiters), job fairs, on-campus recruiting, etc... Advantage - allows firms to acquire new perspectives, expertise, and capabilities that they do not currently possess. Internal - Recruits candidates from within the organization (current employees) though internal postings, newsletters and promoting employees through management recommendations. Advantage - Less expensive, ability already known, fosters loyalty and increases motivation (Shermerhorn page 287)

Describe two initiatives that a company can take to help its employees to balance work with their lives? (2 Marks)

One mark each for proper description of any two appropriate initiatives including: Flexible working hours, work from home (telecommuting), vacations, paid leave, leaves of absence, job sharing, on-site daycare, elder care assistance, concierge services, etc... (Shermerhorn pages 294-295)

Describe how work is organized in firms utilizing a divisional organizational structure. List and describe two advantages and two disadvantages of a divisional organizational structure. (5 Marks)

One mark for proper description of how divisional structures organize work. One mark each for each advantage and disadvantage listed and described. Divisional structures organize work by grouping people together working on the same, products, customers, processes or in the same geographic area. Advantages (choose two) - More flexibility responding to market changes, Improved coordination, clear responsibility for product or service...
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