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MBA 705 Final Exam Study Guide (2025 Update) | Comprehensive Review Notes, Key Concepts & Practice Questions for Business Management

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This MBA 705 Final Exam Study Guide (2025 Update) is a well-structured revision resource designed to support graduate students in mastering key concepts in business and management. It covers essential topics such as strategic management, leadership theories, organizational behavior, decision-making frameworks, financial analysis, and business ethics. The guide also includes practice-style questions and concept reviews to strengthen understanding and improve exam readiness.

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the final answer.For many students, mathematics can be an intimidating subject because it requires both conceptual understanding and technical skill. As a result, students often experience anxiety or stress during
math exams, particularly when they are faced with complex, multi-step problems. The pressure to perform well on timed exams can further exacerbate this challenge.7. Future Trends in Exams for Business, Law,
and MathematicsIn recent years, there has been a growing movement towards reforming traditional exam formats in favor of more holistic assessment methods. This is particularly true in business and law, where
practical skills like teamwork




MBA 705 - Final EXAM ELABORATIONS
QUESTIONS AND VERIFIED ANSWERS 2025
UPDATE | 100% SOLVED!!

Save



students for leadership and management roles in various industries. It focuses on critical thinking, decision-making, problem-solving, and understanding organizational processes

Terms in this set (121)


The project manager in P&G's version of the matrix
Brand Manager:
structure.

An organizational decision-making approach with
most strategic and operating decisions made by
Centralization:
managers at the top of the organization structure (at
corporate headquarters).

A change in the organization's structure to improve
efficiency and firm performance, including such
Corporate Restructuring: activities as realigning divisions in the firm, reducing
the amount of cash under the discretion of senior
executives, and acquiring or divesting business units.

Decentralization: An organizational decision-making
Decentralization: approach with most strategic and operating decisions
made by managers at the business unit level.

Downsizing: A means of organizational restructuring
that eliminates part or all of one or more hierarchical
Downsizing:
levels from the organization and pushes decision-
making downward in the organization.




https://quizlet.com/1062792184/mba-705-final-exam-elaborations-questions-and-verified-answers-2025-update-100-solved-flash-cards/?new 1/23

, Flat Organization: An organization characterized by
Flat Organization: relatively few hierarchical levels and a wide span of
control.

Functional Structure: A form of organizational
structure whereby each subunit of the organization
Functional Structure: engages in firm-wide activities related to a particular
function, such as marketing, HR, finance, or
production.

Geographic Divisional Structure: A form of
organizational structure in which jobs and activities
Geographic Divisional
are grouped on the basis of geographic location—for
Structure:
example, northeast region, Midwest region, and far
west region.

An increase in the breadth of an organization's
Horizontal Growth:
structure.

An organizational structure with fewer hierarchies
Horizontal Structure: designed to improve efficiency by reducing layers in
the bureaucracy.

A form of organizational structure that combines the
Matrix Structure:
functional and product divisional structures.

A structural form with two or more divisions based on
products (a product divisional structure) or
Multidivisional Structure:
geography (a geographic divisional structure); also
called an M-form.

The formal means by which work is coordinated in an
Organizational Structure:
organization.

A form of organizational structure whereby the
Product Divisional organization's activities are divided into self-contained
Structure: entities, each responsible for producing, distributing,
and selling its own products.


the final answer.For many students, mathematics can be an intimidating subject because it requires both conceptual understanding and technical skill. As a result, students often experience anxiety or stress during
math exams, particularly when they are faced with complex, multi-step problems. The pressure to perform well on timed exams can further exacerbate this challenge.7. Future Trends in Exams for Business, Law,
and MathematicsIn recent years, there has been a growing movement towards reforming traditional exam formats in favor of more holistic assessment methods. This is particularly true in business and law, where
practical skills like teamworkleadership and management roles in various industries. It focuses on critical thinking, decision-making, problem-solving, and understanding organizational processes




https://quizlet.com/1062792184/mba-705-final-exam-elaborations-questions-and-verified-answers-2025-update-100-solved-flash-cards/?new 2/23

, }Consider the plan for implementation before
Strategy Implementation:2 adopting a strategic alternative.
Key Points }The greater the strategic change, the more complex
the implementation.

A well-defined organizational unit headed by a
Profit Center: manager accountable for its revenues and
expenditures.

An organizational form whereby each employee
Simple Structure: often performs multiple tasks, and the owner/
manager is involved in all aspects of the business.

The number of employees reporting directly to a
Span of Control:
given manager.

n organization characterized by many hierarchical
Tall Organization:
levels and a narrow span of control.

An increase in the length of the organization's
Vertical Growth:
hierarchical chain of command.

Corporate restructuring True
seeks to improve This is the definition of the term corporate
efficiency and restructuring
performance through
such actions as realigning
divisions in the firm,
reducing the amount of
cash under the discretion
of senior executives, and
acquiring or divesting
business units.
TrueFalse

A flat organization is False
composed of many A tall organization is composed of many hierarchical
hierarchical levels and levels and narrow spans of control
narrow spans of control.
TrueFalse
the final answer.For many students, mathematics can be an intimidating subject because it requires both conceptual understanding and technical skill. As a result, students often experience anxiety or stress during
math exams, particularly when they are faced with complex, multi-step problems. The pressure to perform well on timed exams can further exacerbate this challenge.7. Future Trends in Exams for Business, Law,
and MathematicsIn recent years, there has been a growing movement towards reforming traditional exam formats in favor of more holistic assessment methods. This is particularly true in business and law, where
practical skills like teamwork
students for leadership and management roles in various industries. It focuses on critical thinking, decision-making, problem-solving, and understanding organizational processes
https://quizlet.com/1062792184/mba-705-final-exam-elaborations-questions-and-verified-answers-2025-update-100-solved-flash-cards/?new 3/23

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