Mgt 302 Study guides, Class notes & Summaries

MGT 302 FINAL EXAM QUESTIONS AND ANSWERS Chapter 20 Accounting and Finance in the International Business Answer Key True / False Questions 1. Accounting information is the means by which firms communicate their financial position to the providers of capital. TRUE Accounting information is the means by which firms communicate their financial position to the providers of capital, enabling them to assess the value of their investments and make decisions about future resource allocations. ...

Tacit Knowledge – Information that is intuitive and difficult to articulate or codify in writing; Ex. swimming or riding a bike (you would want to show a person v. just tell them if they’ve never done these things before) • Can be gained through personal experience or interaction • Shared knowledge might be dispersed throughout the company Codified Knowledge – Information that can be easily captured in the form of text, tables, or diagrams; Ex. Jamba Juice recipes, procedures,...

MGT 302 CHAPTER 15 QUIZ 1. A firm that enters into a joint venture with another company reserves the right to keep control of its own technology. False 2. Which of the following is an advantage of turnkey contracts? Ability to earn returns from process technology skills in countries where FDI is restricted 3. A firm can rapidly build its presence in the target foreign market through acquisitions. True 4. In a turnkey project, the contractor agrees to handle every detail of the project f...

MGT 302 CHAPTER 13 QUIZ 1. Profitability is calculated by dividing the total sales of the firm by total invested capital. False 2. Firms usually respond to pressures for cost reduction by trying to lower the costs of value creation. 3. Firms that pursue a transnational strategy are trying to simultaneously do many things. Which of the following is one of those things? Foster a multidirectional flow of skills between different subsidiaries. 4. Responding to pressures to be locally respon...

GBA Final Exam Study Guide Questions & Answers 2023/2024 What are all the pre-requisite courses and lower division - ANSWER-EC 110 (MATH 100) EC 111 (EC 110) MATH 112 (MATH 100) MATH 121/ 125 (MATH 112/115 CS 102 (NONE) LGS 200 (NONE) ST 260 ( MATH 112) AC 210 (EC 110) MGT 300 (EC 110 + 31HRS) MKT 300 (EC 110 +31 HRS) OM 300 (ST 260+ 31 HRS) FI 302 ( EC 110 + EC111 +AC 210 +31 HRS GBA 300 (EN 101 +EN 102 =31 HRS What is the MIN number of earned credit hours it takes to a...

MGT 302 FINAL EXAM QUESTIONS AND ANSWERS Chapter 20 Accounting and Finance in the International Business Answer Key True / False Questions 1. Accounting information is the means by which firms communicate their financial position to the providers of capital. TRUE Accounting information is the means by which firms communicate their financial position to the providers of capital, enabling them to assess the value of their investments and make decisions about future resource allocations....

MGT 302 QUIZ 11 1. Sources of organizational inertia include all of these, except which of the following? Religious influences The existing culture The plan for the distribution of power within the organization Senior managers’ ideas about changes to the business model 2. Incentives are the metrics used to measure the performance of subunits and make judgments about how well managers are running those subunits. the devices used to reward appropriate managerial behavior. the manner in...

MGT 302 CHAPTER 15 QUIZ 1. A firm that enters into a joint venture with another company reserves the right to keep control of its own technology. False 2. Which of the following is an advantage of turnkey contracts? Ability to earn returns from process technology skills in countries where FDI is restricted 3. A firm can rapidly build its presence in the target foreign market through acquisitions. True 4. In a turnkey project, the contractor agrees to handle every detail of the project fo...

MGT 302 CHAPTER 13 QUIZ 1. Profitability is calculated by dividing the total sales of the firm by total invested capital. False 2. Firms usually respond to pressures for cost reduction by trying to lower the costs of value creation. 3. Firms that pursue a transnational strategy are trying to simultaneously do many things. Which of the following is one of those things? Foster a multidirectional flow of skills between different subsidiaries. 4. Responding to pressures to be locally respons...

MGT 302 CHAPTER 13 QUIZ 1. Profitability is calculated by dividing the total sales of the firm by total invested capital. False 2. Firms usually respond to pressures for cost reduction by trying to lower the costs of value creation. 3. Firms that pursue a transnational strategy are trying to simultaneously do many things. Which of the following is one of those things? Foster a multidirectional flow of skills between different subsidiaries. 4. Responding to pressures ...