MGT202 EXAM 2 UTK 2025 QUESTIONS AND ANSWERS
MGT202 EXAM 2 UTK 2025 QUESTIONS AND ANSWERS
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MGT202
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MGT202
MGT202 EXAM 2 UTK 2025 QUESTIONS AND ANSWERS
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Uploaded on: | September 8, 2025 |
Last updated: | September 8, 2025 |
Number of pages: | 15 |
Written in: | 2025/2026 |
Type: | Exam (elaborations) |
Contains: | Questions & Answers |
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MGT202 EXAM 2 UTK 2025 QUESTIONS AND ANSWERS Strategic management - ....ANSWER ...-the formulation and implementation of initiatives by top management that will allow the organization to achieve its goals Strategies - ....ANSWER ...-the plans for how the organization will do what it's in business to do, how it will compete successfully, and how it will attract and satisfy its customers in order to achieve its goals business model - ....ANSWER ...-how a company is going to make money based on if the customer values what the company provides Why is strategic management important - ....ANSWER ...-1) can make a difference in how well an org performs 2) managers in org face changing situations 3) org are complex and diverse ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1