gms midterm!

Talented people is the source of __________ performance.

organizational

Intellectual capital includes combined _______________ + shared knowledge.

brainpower

Intellectual capital is a strategic asset due to human __________, insight, + decision-making.

creativity

To individuals, intellectual capital is a __________ asset, one to be nurtured + continually updated.

personal

Career success requires a lot of __________, self-awareness, + continuous learning.

initiative

We struggle to keep up with our social media __________.

involvements

To bridge the gap between different generations in the workplace we use __________ mentoring.

reverse

Tech IQ is to use current technologies at work + in your __________ life.

personal

Globalization refers to the worldwide __________ of resource flows, product markets, + business competition.

interdependence

The Shamrock Organization identifies a full-time employee as the __________ leaf.

1st

Emerging market companies account for __________% of all low + medium-tech manufacturing worldwide.

60

Ethics is a code of __________ principles that sets standards for conduct.

moral

All organizations are __________ systems that interact with their environments.

open

Value creation depends on who you __________.

ask

The triple bottom line evaluates organizational performance based on __________, social + environmental criteria.

economic

Productivity is an overall measure of the __________ + quality of work performance.

quantity

The best managers are known for helping + __________ workers' efforts.

supporting

Line managers are responsible for work activities that directly affect an organization’s __________.

outputs

Quality of Work Life (QWL) indicates the overall quality of human __________ in the workplace.

experiences

The manager’s role is to support workers' efforts which is represented by an __________-down pyramid.

upside

Managers achieve high performance by best utilizing human + material __________.

resources

Management is the process of planning, organizing, leading, + __________ the use of resources.

controlling

Characteristics of managerial work include long hours, intense pace, + __________ tasks.

fragmented

Networking is the process of building + maintaining __________ relationships.

positive

The change in behavior resulting from experience is called __________.

learning

Katz’ essential managerial skills include technical, __________, and conceptual skills.

human

Data vs. information: Data consists of raw __________ + observations.

facts

Big Data exists in huge __________ and can be difficult to process.

quantities

Data mining involves analyzing data to produce useful information for __________ makers.

decision

Management information systems examples include business intelligence (BI) and __________ dashboards.

executive

Certain environments offer __________ information on possible action alternatives.

complete

Risk environment lacks complete information but offers __________ of the likely outcomes.

probabilities

Crisis decision making involves unexpected problems that can lead to disaster if not resolved __________.

quickly

The first step in the decision-making process is to find and __________ the problem.

define

Common mistakes in generating solutions include abandoning the search for alternatives too __________.

quickly

Positive + neg consequences of a chosen course of action should be __________ after evaluation.

examined

Bad data can be __________, misleading, + without proper formatting.

erroneous

Participatory planning includes all planning steps that involve those who will be __________ by the plans.

affected

Globalization refers to growing __________ among elements in the global economy.

interdependence

Cultural distance can impact the selection of __________ mode when investing in foreign countries.

entry

Insourcing refers to local job creation resulting from foreign __________ investment.

direct

Child labor refers to the employment of children for work otherwise done by __________.

adults

The __________ effect refers to ordering patterns experiencing increased variance within supply chains.

Bullwhip

Cultural intelligence involves the ability to adapt and adjust to new __________.

cultures

Hofstede defines culture as the collective programming of the mind distinguishing members of one group from __________.

others

The concept of __________ distance explains the challenges faced by firms entering foreign markets.

psychic

Organizations are entities with a clear __________ that provides goods or services of value.

purpose

Effective management involves understanding the importance of human __________ and treating people as valuable assets.

resources

Management focuses on planning, organizing, leading, and __________ resources effectively.

controlling

Long-term planning typically spans __________ years into the future.

3 or more

Contingency planning involves identifying alternative courses of action when things go __________.

wrong

Operational plans describe short-term activities to implement __________ plans.

strategic

Zero-based budgets allocate resources as if every budget were __________.

brand new

A joint venture involves operating in a foreign country through co-ownership by foreign + __________ partners.

local

Child labor and sweatshops present ethical challenges within global __________.

businesses

Cultural shock refers to the confusion + discomfort experienced in an __________ culture.

unfamiliar

Organizations must adapt to changes in __________ to remain competitive.

market demands

Sustainability in business involves addressing economic, social, + __________ concerns.

environmental

Leveraging technology effectively is critical for enhancing __________ in organizations.

productivity

Managers and leaders must possess strong __________ skills for effective decision-making.

analytical

To foster innovation, organizations should promote a culture of __________ and creativity.

collaboration

Reverse mentoring pairs younger employees with older, more __________ employees.

experienced

Effective leaders empower their teams by promoting a sense of __________ and autonomy.

ownership

Market seeking motives for internationalization involve exploring new __________ for existing products.

customers

Quality management focuses on continuous __________ for the entire organization.

improvement

Functional plans outline how different components of the organization will help accomplish overall __________.

strategy

Ethical challenges for global businesses include addressing issues of __________ and labor rights.

corruption

To evaluate results, managers compare actual performance with __________ performance.

desired

Cultural intelligence helps managers navigate __________ differences in global management.

cultural

A __________ corporation operates worldwide on a borderless basis.

transnational

Technological competency involves understanding new technologies and using them to your __________ advantage.

best

Team creativity skills contribute to an organization’s innovative and __________ capacity.

creative

Hawthorne studies showed the importance of social factors in __________ output.

worker

Total Quality Management (TQM) emphasizes comprehensive approaches to __________ improvement.

continuous

Participative planning enhances understanding, acceptance, + __________ to succeed.

commitment

Crisis management requires quick responses and assessing the __________ involved.

risks

Management must continually assess the __________ environment for effective decision-making.

external

Lifelong learning is the process of continuously learning from __________ experiences.

daily

The Uppsala model relates to the internationalization process through __________ distance.

psychic

Effective training is vital for enhancing __________ capabilities among employees.

technical

Succinct communication is essential for maintaining __________ in a diverse workforce.

harmony

Defining objectives sets the __________ for the planning process.

foundation

Classical management approaches include scientific, administrative, + __________ management.

bureaucratic

Understanding cultural values can enhance interpersonal __________ in the workplace.

relationships

Sustainable frameworks must adapt the necessary pace + scale to meet planetary __________.

boundaries

Organizations strive for a consistent approach towards __________ and social responsibility.

ethics

Cultural values remain consistent over __________.

time

Evaluating performance through feedback loops is important for strategic __________.

adaptation

Strategic planning provides long-term direction for achieving organizational __________.

goals