MGM chapters 10-14 + articles.pdf - Possible questions(I made these up For questions about chapters covered in the last midterm look at the other

MGM chapters 10-14 + articles.pdf - Possible questions(I...

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. Possible questions (I made these up) For questions about chapters covered in the last midterm look at the other document - Chapter 1-4 1. Based off of your understanding of a business, how do companies use the fundamentals of management and value proposition to meet consumer demands. Identify two examples from the article or class discussion to support your answer. 2. Explain three ways to improve business ethics. Given these improvements identify one reason why whistleblowers may be threatened in the workplace. Provide an example, describe how stakeholders would benefit or lose from the type of blackmail. 3. Identify two examples where CSR has negatively impacted a company and where the impact was positive. How did the companies meet stakeholders expectations. Do the ends justify the means. How did it affect the business model? Strategic goals? Operations? stocks/ownership? Use the concepts of CSR to help you answer the question(s) Chapter 10-14 1. In modern day society, firms try to make the most profit out of anything. Define social enterprise and its connection to meeting strategic goals. What characteristics is needed in a leader to successfully carry out this model. Describe two ways that the manager’s behavior has an impact on how employees operate within the business. 2. Explain the difference between a manager and a leader. Identify some issues/responsibilities of becoming a leader. 3. Identify a theory or approach for each component of effective leadership (lecture slides). Explain and use an example for each. 4. Throughout the course, you looked at managing a coffee shop in the simulation. What are some operational changes you may have considered to improve performance. What resources were needed to change it. Provide examples of external factors that changed your decision making process. 5. Explain how your group used the four responsibilities of operations managers to make appropriate decisions. How was the value chain integrated in your thinking and discussions. 6. Explain each viewpoint stakeholders that are impacted by restating financial statements. How does risk play into economic problems. Identify who has the most risk involved when a business does this? 7. Explain your opinion on whether debt or equity financing is better for companies. Describe two advantages and disadvantages for both. 8. How does the Diamond E model play into the business. Identify all the components and Review questions 1. What makes a good leader compared to bad one? Use any information from the articles or your readings as reasonings. 2. If you were to choose, what type of leader best suits the company to get out of negative publicity? → think about Google 3. Why is this statement true: “effective managers aren’t necessarily true leaders”.
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  • Spring '08
  • COTTRELL

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