MGT 3200 : Exam One
Document Summary
Textbook (mgmt 5) & assigned outside reading (moodle 2) Textbook objectives: what are the top ten mistakes made by managers? (pp. Long stable periods, followed by short, dynamic theories of change, then back to stable. Organizations react to the change and hope to stabilize: what is option-based planning? (p. 92) Maintain planning flexibility by making many small, simultaneous investments in many alternative plans: what are slack resources as they relate to planning? (p. 92) Creating or acquiring companies in unrelated/related businesses: what is the relationship between diversification and risk? (p. 119) The more related diversification, the less risk. (higher risk for no diversification or unrelated diversification. : what"s a multinational corporation? (p. 153) A corporation that owns businesses in 2 or more countries: what is meant by the term direct foreign investment? (p. 154) A company builds a new business or buys an existing business in a foreign country: what is a trade barrier? (p. 155)
