MGT 548 final Exam UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
What are the functions of mgt? - CORRECT ANSWER Controlling
Organizing
Planning
Controlling - CORRECT ANSWER crisis manangement
Organizing - CORRECT ANSWER staffing
Planning - CORRECT ANSWER tactical strategic scheduling
Contingency planning - CORRECT ANSWER planning if something goes wrong, having a
backup plan
Functions of leadership - CORRECT ANSWER visioning/ mission/ strategy
Empowerment
Change leadership
Motivating
What are some causes of financial crisis? - CORRECT ANSWER -poor rating system
-AIG not putting money aside
-subprime mortgages
-collateralized mortgage obligations (CMO)
What are the 3 levels of schein model - CORRECT ANSWER artifacts
Espoused values
Underlying assumptions
, Scheins model- artifacts - CORRECT ANSWER tangible items
Scheins model - espoused values - CORRECT ANSWER what they say they are
Scheins model- underlying assumptions / subrosa (under the table) - CORRECT
ANSWER things happening in the company that you couldnt see
Cultural mindset - CORRECT ANSWER a way of thinking that allows the individual to be
aware of and open to culture and how it impacts his or her own and others' thinking and behaviors
Cultural mindset-cognition - CORRECT ANSWER -Self-awareness of your own culture
-Curiosity about, and awareness and knowledge of others' culture
-Including culture in thinking and problem solving
-Adopting multiple cultural lenses
Cultural mindset- behavior - CORRECT ANSWER -Self-presentation
-Verbal and nonverbal cues
-Interpersonal interactions
-Address cultural issues
Cultural mindset- skills - CORRECT ANSWER -interpersonal skills
-communication skills
-language competencies
Hofstede's Cultural Dimensions - CORRECT ANSWER -individualism-collectivism
-power distance
-uncertainty avoidance
-masculinity/femininity
-time orientation
Individualism v.s. Collectivism - CORRECT ANSWER individual is autonomous from group
QUESTIONS AND CORRECT ANSWERS
What are the functions of mgt? - CORRECT ANSWER Controlling
Organizing
Planning
Controlling - CORRECT ANSWER crisis manangement
Organizing - CORRECT ANSWER staffing
Planning - CORRECT ANSWER tactical strategic scheduling
Contingency planning - CORRECT ANSWER planning if something goes wrong, having a
backup plan
Functions of leadership - CORRECT ANSWER visioning/ mission/ strategy
Empowerment
Change leadership
Motivating
What are some causes of financial crisis? - CORRECT ANSWER -poor rating system
-AIG not putting money aside
-subprime mortgages
-collateralized mortgage obligations (CMO)
What are the 3 levels of schein model - CORRECT ANSWER artifacts
Espoused values
Underlying assumptions
, Scheins model- artifacts - CORRECT ANSWER tangible items
Scheins model - espoused values - CORRECT ANSWER what they say they are
Scheins model- underlying assumptions / subrosa (under the table) - CORRECT
ANSWER things happening in the company that you couldnt see
Cultural mindset - CORRECT ANSWER a way of thinking that allows the individual to be
aware of and open to culture and how it impacts his or her own and others' thinking and behaviors
Cultural mindset-cognition - CORRECT ANSWER -Self-awareness of your own culture
-Curiosity about, and awareness and knowledge of others' culture
-Including culture in thinking and problem solving
-Adopting multiple cultural lenses
Cultural mindset- behavior - CORRECT ANSWER -Self-presentation
-Verbal and nonverbal cues
-Interpersonal interactions
-Address cultural issues
Cultural mindset- skills - CORRECT ANSWER -interpersonal skills
-communication skills
-language competencies
Hofstede's Cultural Dimensions - CORRECT ANSWER -individualism-collectivism
-power distance
-uncertainty avoidance
-masculinity/femininity
-time orientation
Individualism v.s. Collectivism - CORRECT ANSWER individual is autonomous from group
