Strategic Planning and Decision Making, Management Exam help
MNGT 2310 Quiz # 2 Chapters 5 – 8
October 26,, 2016
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Answer 1 of the 2 questions for EACH chapter. Each question is worth a maximum of 25 points.
Submit your answers via Blackboard.
Chapter 5: Strategic Planning and Decision Making
a. In the context of a SWOT analysis, describe at least 5 elements of an environmental analysis.
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b.To be effective, goals should have certain qualities, which can be recalled through the use of the acronym SMART. List and describe each of these characteristics, and state why they are important. |
Chapter 6: Entrepreneurship
a. What are some of the reasons people become entrepreneurs? List 4` Examples?
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c.Describe some of the characteristics that make a person more likely to succeed as an entrepreneur.
Chapter 7: Organizing for Action
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a.Compare and contrast centralized versus decentralized leadership. What are strengths and potential weaknesses of each.Provide an example of a company for both. |
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b.What is the difference between responsibility, authority, and accountability? How can clearly defining them to the workforce increase employee engagement?
Chapter 8: Managing Human Resources
a.A fashion design firm is considering opening a branch office in Beijing, China, how can HR add STRATEGIC value to the organization? List at least 4 examples of services or activities that HR can provide to be seen as a Strategic Partner.
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b.Diversity in the workplace is both morally and financially the right thing to do. How does Diversity benefit an organization? Discuss at least 4 benefits that Diversity provides to an organization, and why it is a business benefit.
