Assessment Test Flashcards
Exists when someone takes risks because he or she will not be affected by losses or damages that occur as a result
Moral Hazard
Preparing, implementing, and monitory employees’ career paths, with a primary focus on the goals of the organization. The organization provides development opportunities that align with its interests
Career Management Program
According to Michael Porter, there are 3 potentially successful generic strategies
Cost leadership, differentiation, and focus
Work councils
Composed of workers and management representatives. Their purpose is to promote communication between management and employees on issues that affect workers’ interests
Zero-based budgeting
Requires all managers to start at zero. A department must justify its entire budget and show how its funding will help the organization to meet its goals. In zero-based budgeting, all operations are given a priority rating, each unit or goal is ranked, and funds are given in order of the ranking
HR audit measures HR effectiveness and efficiency and demonstrates the value of HR in helping an organization meet its strategic goals.
2 main functions: 1. to help organizational decision makers understand what is happening with various HR activities and 2. to allow HR managers to determine which programs and positions should be eliminated or enhanced.
Business Intelligence
Data gathered from all sources and then analyzed to identify the data’s significance to decisions an organization must make. Business Intelligence supports more effective decision making.
Code of conduct
Forms the basis of the organization’s specific policies and procedures regarding compliance and ethical issues.
Cultural relativism
Holds that ethical systems do exist but that norms are influenced by local culture, laws, and practices.
Incremental or line-item budgeting
Uses the previous year’s budget
Trait Theory
Derives from “Great Man” Theory of the 19th century. View is that history has been shaped by heroes ( Primarily men, generally soldiers, and mostly hailing from the west) who led by force of their personalities, wisdom, and/or political skills. 2 problems. 1. Never proven 2. Discourage the development of leadership skills.
Behavioral School
Leader’s ability to influence the performance and satisfaction of followers.
Employee centered behavior
Known as consideration. Aims at meeting the social and emotional needs of individuals and group members EX: coaching individuals and group members, explaining decisions, looking out for best interest.
Job-oriented behavior
Initiating structure. Behaviors focus on task goals address employee needs only to the extent that they improve task results - Defines expectations, processes, and rules.
Blake- Mouton Theory
Illustrated with a “managerial grid” 2 axes cohttps://www.brainscape.com/subjects/entrance-exams/university-entrance-exams/nsideration (concern for people) and initiating structure (concern for production or task)
Blake- Mouton Theory: Team Leaders
These managers lead by positive example, foster a team environment and encourage individual and team development
Blake-Mouton Theory: Authoritarian Managers
Expect people to do what they are told without question and tend to not foster collaboration.
Blake-Mouton Theory: Country Club Managers
Create a secure atmosphere and trust individuals to accomplish goals, avoiding punitive actions so as not to jeopardize relationships.
Blake-Mouton Theory: Impoverished Managers
use a delegate and disappear management style. Detach themselves, often creating power struggles
Blake-Mouton Theory: Middle of the road
Get work done but are not considered leaders
Situational Theories
Builds on the behavioral concept and further propose that effectiveness of different leadership styles depends on the situation-specifically individual employees and specific organizations and activities.
Hersey-Blanchard situational leadership theory
Suggests that there is no ideal leader type but that leadership style should be matched to the maturity of the employees.
Hersey-Blanchard situational leadership theory: Telling
Appropriate when an employee may lack skills, knowledge, or experience sufficient to the task. Manager directs the employee’s performance precisely and monitors it closely- Emphasis is on the task, not the employee’s psychological needs.
Hersey-Blanchard situational leadership theory: Selling
Manager knows that the employee is capable of the task, but the employee requires additional explanation, opportunities to ask questions, or motivation.
Hersey-Blanchard situational leadership theory: Participating
Employee is capable but the manager provides support by participating in brainstorming or decision making or other critical events (Client Interactions)
Hersey-Blanchard situational leadership theory: Delegating
Employee needs little explanation, support, or supervision. The manager retains responsibility but the employee is empowered to perform the task.