12. Glossary Flashcards
Manager
Definition
The person responsible for setting objectives, organising resources and motivating workers so that the objectives of business are met.
Management
Definition
The organisation and coordination of acvitities in order to achieve the defined objectives of the business.
Autocratic management
Definition
A management style where one manager takes all decisions with very little, if any, input from others.
Paternalistic management
Definition
A management style based on the view that the manager is in a better position than the workers to know what is best for an organisation.
Democratic management
Definition
A management style that encourages the active participation of workers in taking decisions
Laissez-faire management
Definition
A management style that leaves much of the business decision-making to the workforce.
Theory X
Definition
The view that some managers believe that employee are lazy, fear-motivated and in need of constant direction.
Theory Y
Definition
The view that some managers believe employees are internally motivated, enjoy their work and are prepared to take on additional responsibilities.