MGMT 201 Introduction to Professional Management Final Examination — Fall 2022
Name:___________________________
Section _____
1.
Among the managerial situations we discussed in class, which one was the LEAST
PROFESSIONAL and WHY?
2.
What did Todd Macgregor have to say about how Target transition from being a discount
store to being the higher regarded retailer that it is today?
3.
Explain why Product Design is so important to the achievement of low cost.
4.
How did Chester Barnard describe the functions of the executive and the roles played by the
informal organization?
5.
List some characteristics often found with good acquisitions and contrast them with
characteristics of bad acquisitions.
6.
Provide three reasons why Deere prevailed against much larger International Harvester.
7.
What did Joan Schatz have to say about handling a downturn?
8.
List some characteristics often found with good acquisitions and contrast them with
characteristics of bad acquisitions.
9.
What procedural steps in finding a good position did you find useful among those covered in
our Introduction to Professional Management class?
10.
List five attributes necessary for a successful product.
11.
List three measurements indicating an ability for a company to remain in business for a long
period.
12.
Please provide an example of an especially unwise acquisition that we have discussed in class
and provide the reasons why it was unwise.
13.
Describe three steps Deere & Co. took to survive the Great Depression of the 1930s.
14.
What did Professor David Beach of Stanford have to say have to say about the makeup of a
team involved in product development?
15.
Write in your own question, and then answer it.
Note: Limit your answers to three Pages and submit the competed document to D2L in the assignment
entitled ©nal Examination – Completed. he answers and phraseology must be your own and not
identical to the answers submitted by others.
When submitting the Mid-term examination, please copy the exact questions, with the question
number, alone with your answer and submit it to D2L by 11:59 PM of Tuesday, December 13.

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