MGT 3200 Lecture : MGT 3200 Lecture 2 Notes
Document Summary
Survivor"s syndrome- emotional feeling after a disaster: feel guilty, anxiety, fear, depression, guilt. If it happened once, it could happen again (depression) Job banks caused the big 3 to be less efficient. Job banks cause the big 3 to have more difficult achieving effectiveness: the more you have to worry about cost, the harder it is to compete. Which of the following is not true concerning the industrial revolution: prices for goods increased as a result (actually decreased) Which of the following is true concerning effectiveness and efficiency: efficient organizations tend to be effective ones as well. Ford motor company is 2010 saw a 15% increase in their north american market share. For four straight quarters, they reported a profit. The latter outcome was in part due to their aggressive restructuring plan which dramatically cut costs: both efficient and effective. Which of the following is not true concerning corporate downsizing: primarily effectiveness-oriented.
