Management 3000 Exam 2 Review Sheet
THESE ARE THE KEY TERMS TO KNOW, UNDERSTAND, AND APPLY FOR THE SECOND EXAM!
The purpose of the comprehensive exam is to integrate the concepts and demonstrate your understanding of how
corporate strategies, competitive
Management 3000 Final Exam Review Sheet
Chapter 7: Inventory Management
Inventory Turnover and Weeks supply
Roles and costs of inventory
Cycle counting and ABC analysis
RFID, inventory ownership and VMI
Inventory Management (how much and w
THESE ARE THE KEY TERMS TO KNOW, UNDERSTAND, AND APPLY FOR THE FIRST EXAM!
The purpose of the exam is to integrate the concepts and demonstrate your understanding of how corporate
strategies, competitive priorities, and operations strategies translate int
The ban of sale of controversial Nestle product Maggi may be withdrawn in
Karnataka, if the state government has its way. The ban of sale of controversial
Nestle product Maggi may be withdrawn in Karnataka, if the state government
has its way. Health mini
OF CONSUMER BEHAVIOUR
WHAT IS CONSUMER
It is the study of:
What consumers buy?
When they buy?
Why they buy?
Where they buy?
How often they buy it?
SUBMITTED TO- Ms. Minakshi Mam
(Asst. Prof in Commerce)
SUBMITTED BY- Shagun Bector
MBACIT 3rd Sem
road map of consumers minds that
marketers and managers can use to
help guide product mix,
communication and sales str
ETHICS IN MANAGEMENT
SOCIAL RESPONSIBILITY OF
WORKING FOR MUTUAL
Key Issues in CSR
right to organize
safety and health
water & air emissions
A decision is a choice from among the available alternatives
Decision making - the process by which managers respond to
opportunities and threats by analyzing options, and making decisions
about goals and courses of action
INTRODUCTION:A core competency is a concept in management theory introduced by, C. K. Prahalad
(Professor of Corporate Strategy at the Stephen M. Ross School of Business in the
University of Michigan, USA) and Gary Hamel (founder of Stra
TYPES OF PROCESSES
Produced in response to an actual order using standard components
Higher _RM_ inventory, lower _FG_ inventory
To meet expected or forecasted demand
Higher _FG_ inventory,
Supply Chain Management: Systematic, strategic integration of the source-makedeliver processes within and among organizational partners.
Every organization in every industry must manage their operations and supply
Linked through physical,
Chapter 10 -Task Interdependence
Degree to which the work performed by one member of the group influences the work
performed by other members
Pooled task interdependence
Members make separate, independent contributions to group su
Chapter 3 Attitudes
Evaluative statements or judgements concerning objects, people, or events
Affective the emotional or feeling segment of an attitude
Cognitive the opinion or belief segment of an attitude
Behavioral an intenti
Chapter 9 Groups and Teams
Group Two or more people working together
Team intact social system complete with boundaries and differentiated roles among
members with one or more tasks to perform, resulting in discernable and potentially
measurable group p
Chapter 12 Leadership
Definitions and Overview
Ability to influence a group toward the achievement of goals
Requires a leader and follower(s)
Different from management?
Leadership doing the right things
Management doing things right
Chapter 4 Emotions
What are emotions and moods?
Why were emotions ignored in OB?
The Myth of Rationality
Emotions were seen as irrational
Managers worked to make emotion-free environments
View of Emotionality
Emotions were believed to be disruptive
Chapter 1 - History of Management Thought
Why Management History?
To add perspective to the presentnothing new under the sun
To understand where ideas came from
To see the role of social, legal, political, economic, technological factors
Chapter 5 Personality
Personality the sum total of ways in which an individual reacts and interacts with others
Affect a broad range of feelings that people experience
Emotion intense feelings that are directed at someon
Chapter 6 Perception and Decision Making
Dictionary definition: the process of passing judgement on an issue under
consideration, the process of reaching a conclusion or making up ones mind
Management texts: process of ident
Chapters 7 and 8 Motivation
What is Motivation?
Willingness to exert effort to reach organizational goals
The force that starts, sustains, and directs activity
Why Does it Matter?
Intrinsic vs. Extrinsic Motivation
Where does our motivation come fro
Chapter 2 Diversity
What is it?
Individual differences that represent underlying differences
Types of diversity
Other important aspects
Technical and pr
Chapter 13 Power and Politics
Ability to influence a group toward the achievement of a goal
Power is the underlying ability, used or not, that a person has to influence the thoughts or
actions of another person
The limits of power
5 S Project Report
April 14, 2017
Implementation and Purpose
The purpose of the 5 S lean method is to aid workplace or personal organization. It is intended to
improve efficiency by eliminating the waste of motion due to searching for diffe
Independent Demand Ordering System
When to place an order:
Order point system -
Safety stock: the amount necessary to make sure you can get enough in with a rush order.
Why to have safety stock: to buffer all the things that could go wrong
Average Demand Chart
Actual Sales (Units)
Monthly Tablet Sales: Seasonal Forecast
Revenue - by Category
$ 15,195 $
13,857 $ 18,850 $ 21,283 $ 14,227 $ 19,176 $ 102,588