MGT 3200 Chapter : MGT 3200 EXAM TWO TEXTBOOK OBJECTIVES Fall 2017
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Mgt 3200 exam two textbook objectives: what is the illusion of control bas and how does it affect decision-making? p. 114. Illusion of control is people"s beliefs that they can influence events, even when they have no control over what will happen. Avoiding short-term costs or seeking short-term rewards yields problems in the long term: what is transactive memory as it relates to groups? p. 115, transactive memory is in which members learn each other"s strengths, weaknesses, and preferences. Employees feel interconnected: what is a network organization? p. 157, a collection of independent, mostly single-function firms that collaborate on a good or service, what is a modular network organization (i. e. , virtual corporation)? p. 157. It is temporary arrangements among partners that can be assembled and reassembled to adapt to the environment: what"s required for network organizations to be successful? p. 157-158, the firm must choose the right specialty.
