MGMT303
MGMT303
Midterm Study Guide
The Midterm covers TCOs 1–7; Chapters 1–12 (with the exception of Chapter 10) and the Appendix Module.
The Midterm is worth 140 points.
The Midterm consists of six multiple choice questions, worth 5 points each; five short answer questions, worth 10 points each; and four essay questions, worth 15 points each, for a total of 140 points.
Your responses to the essay questions should be at least 2–3 paragraphs long.
IMPORTANT: Please make sure that you understand how to apply each of the concepts and topics noted below. You should be able to go beyond the simple definition of the terms listed in each TCO and explain what each TCO means in a management context. Since the multiple choice questions for each student’s exam are selected randomly from a large question pool for each TCO, it is vital that you read each text chapter and understand all of the TCO-based concepts that they contain.
TCO 1: Given a description of a specific business enterprise, write a management job description that incorporates the basic activities that comprise the management process and the job of a manager.
Functions of management
Levels of management
Managerial roles
Managerial skills
TCO 2: Given a continuous scanning of one's actual and potential environments (internal, external, and interfaces), analyze a case describing a business about to expand or contract in its market by preparing a SWOT document that collectively analyzes the effect of the proposed expansion or contraction on the company's profitability and that recommends a course of action based on your analysis.
External environment
Internal environment
Organizational culture
TCO 3: Given a business dilemma with ethical implications, fully analyze all facets of the situation, reconcile the divergent perspectives, and prepare a report of your recommendations for action.
Corporate governance
Emerging ethical issues on organizations
Informal organizational dimensions
Managerial ethics
Social
Midterm Study Guide
The Midterm covers TCOs 1–7; Chapters 1–12 (with the exception of Chapter 10) and the Appendix Module.
The Midterm is worth 140 points.
The Midterm consists of six multiple choice questions, worth 5 points each; five short answer questions, worth 10 points each; and four essay questions, worth 15 points each, for a total of 140 points.
Your responses to the essay questions should be at least 2–3 paragraphs long.
IMPORTANT: Please make sure that you understand how to apply each of the concepts and topics noted below. You should be able to go beyond the simple definition of the terms listed in each TCO and explain what each TCO means in a management context. Since the multiple choice questions for each student’s exam are selected randomly from a large question pool for each TCO, it is vital that you read each text chapter and understand all of the TCO-based concepts that they contain.
TCO 1: Given a description of a specific business enterprise, write a management job description that incorporates the basic activities that comprise the management process and the job of a manager.
Functions of management
Levels of management
Managerial roles
Managerial skills
TCO 2: Given a continuous scanning of one's actual and potential environments (internal, external, and interfaces), analyze a case describing a business about to expand or contract in its market by preparing a SWOT document that collectively analyzes the effect of the proposed expansion or contraction on the company's profitability and that recommends a course of action based on your analysis.
External environment
Internal environment
Organizational culture
TCO 3: Given a business dilemma with ethical implications, fully analyze all facets of the situation, reconcile the divergent perspectives, and prepare a report of your recommendations for action.
Corporate governance
Emerging ethical issues on organizations
Informal organizational dimensions
Managerial ethics
Social