1 question

Name: _____________________________________

MGMT 515

Final Exam Fall 2020

Instructions

READ ALL OF THESE INSTRUCTIONS FIRST!

This exam constitutes 25% of your total grade. You must submit your assignment in Moodle by midnight of December 12th to receive full credit. Late submissions will be reduced in accordance with university policy.

If you make fair use of published materials in forming your responses, remember to include an appropriate citation. Use APA style. Failure to properly cite the work of others will result in a reduction of your grade.

Remember that the materials presented in this course are sufficient to craft cogent responses to these questions. If you chose to use external references, e.g., the Internet, remember that these responses will receive greater scrutiny and any hint of plagiarism will result in a grade of zero.

If I ask for a response, “In your own words,” any response that appears to be copied from any source will receive a score of zero!

Poor grammar and spelling will reduce your grade up to 10%. If American English is not your first language, I recommend that you have someone with strong English skills review your work. The differences between American and British English will not count against you.

If your response is based solely on the course content, you may use “Course content” as your citation.

Questions:

1. (1 point) In your own words, what is the relationship between business ethics and the law?

Response:

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2. (1 point) Referring to the course materials, describe the difference between efficiency and effectiveness in a business.

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3. (2 points) What is management’s role in organizational change?

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4. (1 point) Name four possible benefits of a firm acting in a manner that some consider to be socially responsible?

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5. (6 points) How does management influence the motivation of its workforce? You may disagree with the course content or the opinions of the instruction, but you must defend your position. I am looking for both positive and negative influences. Note that this question has a significant point value. I expect a comprehensive answer.

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6. (1 point) In your own words, describe Motivation Crowding Theory.

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7. (1 point) Describe Maslow’s Hierarchy of Needs.

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8. (1 point) Where do pay and benefits fall in Maslow’s Hierarchy?

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9. (1 point) Name five of the eight protected classes identified in U.S. law.

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10. (1 point) Name three advantages and three disadvantages of the global business environment.

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11. (2 points) Explain the difference between a leader and a manager.

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12. (2 Point) What are the advantages and disadvantages of the functional organizational structure?

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13. (1 Point) Explain the difference between a group and a team.

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14. (1 Point) Describe non-verbal communications?

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15. (1 Point) From the perspective of the home nation, is globalization a good thing or a bad thing? Why?

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16. (1 Point) Describe “national” culture.

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17. (3 Points) Summarize Simon Sinek’s video, “How Great Leaders Inspire.”

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18. (3 Points) Summarize Simon Sinek’s video, “Why Leaders Eat Last.”

Response.

Extra credit:

(1 point). Define intrinsic and extrinsic motivation.

(2 points) Explain, in general terms, a situation at work or in your personal life where innocent miscommunication led to bad results. Do not use real names.

(1 points). Why would a firm implement a lagging pay policy?