Study guide exam 1

Satisfactory Essays
Man 4720 – Chapters 1, 2 & 3 – 60 QUESTIONS

Below are the major areas you need to focus on. THESE ARE NOT THE QUESTIONS – JUST THE AREAS THAT YOU NEED TO KNOW IN

ORDER TO DO THE EXAM. YOU MUST READ THE TEXT ALONG WITH YOUR NOTES TO ENSURE THAT YOU UNDERSTAND THE

CONCEPTS PRESENTED IN THESE AREAS.

Strategic Management & Business policy

Strategic Management process – know each of the components – several questions will be asked about each.

Evolution of strategic management

Impact of Globalization and regional trade associations & agreements – eg. NAFTA, EU, etc.- review pgs 8 & 9

Theories of adaptation

Learning organization

External environment – societal and task environment – know the variables in each Internal environment – know the variables

Mission, vision, objective

Types of strategy – know each

Corporate governance – know about the responsibilities of each party

Board of directors - different kinds of directors

Board Involvement

Agency theory, stewardship, codetermination

Corporate responsibility – know the different theories

Ethics, morality, law, justice

Approaches to ethical behavior- know about each type

Strategic Management & Business Policy, 13e (Wheelen/Hunger)
Chapter 1 Basic Concepts in Strategic Management 1) Strategic management is one decision that determines the short-term performance of a corporation. Answer: FALSE
Diff: 1 Page Ref: 5
Topic: The Study of Strategic Management 2) In the externally oriented planning phase, plans are developed by heavily involving the input of managers from lower levels.
Answer: FALSE
Diff: 2 Page Ref: 5
Topic: The Study of Strategic Management 3) General Electric led the transition from strategic planning to strategic management during the
1980s.
Answer: TRUE
Diff: 1 Page Ref: 6
Topic: The Study of Strategic Management 4) One of the benefits of strategic management is a clearer sense of vision

You May Also Find These Documents Helpful

  • Satisfactory Essays

    cis3730_Exam1_Studyguide

    • 512 Words
    • 2 Pages

    Can describe and explain the components of a database system. You should be able to give examples of a database system and specify the components of that particular system.…

    • 512 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Exam 1 Study Guide 1

    • 3319 Words
    • 9 Pages

    5. According to Gutierrez (Introduction), “The Mind of Christ is not an Incomprehensible Mystery.” Be able to fill in the blanks.…

    • 3319 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Exam 1 Study Guide

    • 1504 Words
    • 7 Pages

    8. The type of listening that is aimed at emotionally supporting and helping the speaker is called____________________ listening.…

    • 1504 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Mgt 498

    • 950 Words
    • 4 Pages

    During this week’s assignments, the authors discussed the primary components of the strategic management process. In order for a company to be successful, the company will need to follow the following components:…

    • 950 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Exam 1 study guide

    • 1908 Words
    • 18 Pages

    Exam #1, Chapters 1-6 Study online at quizlet.com/_d00x4 1. Suppose a person is prescribed an opioid medication (similar to heroin) to treat a painful injury. After the injury heals, she takes the drug primarily to feel euphoria. Based on this information alone, what term would you use to describe her drug use?: Drug misuse 2. Among college students, fewer…

    • 1908 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    Exam 2 Study Guide

    • 530 Words
    • 3 Pages

    To many, what is the most life-consuming challenge that causes them to doubt God’s power?…

    • 530 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Exam 1 Study Guide COMPLETE

    • 2065 Words
    • 11 Pages

    8. Which of the following is not a major characteristic of a region as defined by geographers?…

    • 2065 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Exam 1 Study Guide

    • 786 Words
    • 4 Pages

    Américo Paredes (b 1915-1999)- Mexican American Folklorist, poet, teacher, and writer. Reading: Hammon and the Beans (1994). Getting an Oboe for Joe (1994). Literary Tradition: Fiction, Folklore, and History. Collection (Poetry and Folklore): With His Pistol in His Hand (1958). Collection (Novel): George Washington Gómez (1990). Recognition: Guggenheim Fellowship 1962, Charles Frankel Prize 1989. (Pearson 402-403, Class Discussion)…

    • 786 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Study guide exam 3

    • 5674 Words
    • 31 Pages

    Because it is mostly made up of Preganglionic neurons, which are myelinated giving it its white apperance. These are…

    • 5674 Words
    • 31 Pages
    Good Essays
  • Satisfactory Essays

    exam study guide

    • 2559 Words
    • 11 Pages

    Risk Exam 1 Study Guide Topic 1 Module 1 Risk Noun- A situation involving exposure to danger Verb- Expose (something or someone valued) to danger, harm, or loss Uncertainty Having 2 or more potential outcomes for an event or situation Risk Uncertainty about a future outcome, particularly the consequences of a negative outcome Outcomes may vary from the…

    • 2559 Words
    • 11 Pages
    Satisfactory Essays
  • Powerful Essays

    Study Guide Exam #1

    • 4554 Words
    • 16 Pages

    “Cut of your nose to spite your face”: self mutilation of nuns; 12th century; men wouldn’t have sex with them because they appeared ugly; could continue to preserve their marriage to Jesus; surviving sexual assault was a “fate worse than death”…

    • 4554 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Study Guide 1

    • 1290 Words
    • 6 Pages

    18th century - pleasure garden songs - landscaped gardens for dining and strolling had musical entertainment. Popularity led to publishing of the songs.…

    • 1290 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Study Guide 2

    • 593 Words
    • 3 Pages

    What is the Exchange List? What is the foundation for Exchange Lists? Why are they called “Exchanges”?…

    • 593 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Exam Study Guide

    • 566 Words
    • 3 Pages

    TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 1)Hematopoiesis refers to the formation of blood cells within the red marrow cavities of certain bones.…

    • 566 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Exam 1 Study Guide

    • 332 Words
    • 2 Pages

    3. Plan on additional study efforts for the specific topics noted on the study guide.…

    • 332 Words
    • 2 Pages
    Satisfactory Essays