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MGT 202 EXAM 1 2025 QUESTIONS AND ANSWERS
MGT 202 EXAM 1 2025 QUESTIONS AND ANSWERS
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MGT202
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MGT202
MGT 202 EXAM 1 2025 QUESTIONS AND ANSWERS
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| Uploaded on: | September 8, 2025 |
| Last updated: | September 8, 2025 |
| Number of pages: | 12 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | MGT 202 EXAM 1 2025 QUESTIONS AND ANSWERS |
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MGT 202 EXAM 1 2025 QUESTIONS AND ANSWERS The process that converts resources into finished goods and services ....ANSWER ...-Transformation Process people, money, materials, technology, information - ....ANSWER ...- Resource Inputs finished goods and services - ....ANSWER ...-Product Outputs occurs when businesses earn a profit or nonprofit organizations add wealth to society - ....ANSWER ...-Value Creations Measure of the quantity and quality of work done, considering the cost of the resources used. - ....ANSWER ...-Productivity an output measure of task or goal accomplishment - ....ANSWER ...- Performance Effectiveness input measure of resource cost associated with goal accomplishment ....ANSWER ...-Performance Effciency ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
