MGT 3200 : Mgt Test 1 Notes
Document Summary
Management is not the profession for control freaks work well individually but not w/ a group. Must trust and depend on others: two key concerns of management, effectiveness and efficiency, effectiveness refers to doing the right things at the right time. No: ***** research tells us efficient organizations are effect ones but not a guarantee of it***, the more i am concerned about being efficient effectiveness is harder to achieve. A budget problem is an efficiency problem harder to give students a high quality education. Will ask which of the following is not true: application question, ford motor company who owned jaguar in 2002 trim costs in the british units by using a ford midsize chasses for its jaguar x type sedan. At the same time they dropped the price on the x type to less than 30 k a year to attract buyers . However, consumers were unimpressed and commented that the x- type had no pizzazz.
