BA 101 Flashcards
Someone who coordinates and oversees the work of other people
Manager
Managers that are involved with the production or services offered by the entity.
First-line managers
Managers that are responsible for the company’s performance?
Middle Managers
Responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization.
Top Managers
A deliberate arrangement of people to accomplish some specific purpose
Organization
T/F Organizations have a distinct purpose, composed of people and develop structure within which members do their work.
TRUE
It refers to getting the most output from the least amount of inputs.
Efficiency
It is decribed as “doing the right things”
Effectiveness
It involves coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively.
Management
T/F Effectiveness is concerned with the means while efficiency is concerned with ends.
FALSE
In___ they set goals, establish strategies for achieveing those goas and develop plans to integrate and coordinate activities.
Planning
Arranging and Structuring work to accomplish the organization’s goals
Organizing
The function that is about working with and though people to accomplish goals
Leading
Evaluation of whether things are going as planned
Controlling
This refers to specific actions expected of and exhibited by a manager
Managerial Roles
Roles that involve people and other duties that are ceremonial and symbolic in nature.
Interpersonal
It involves collecting, receiving and disseminating information
Informational Roles
The role that revolves around making choices
Decisional Role
Job-specific knowledge and techniques needed to proficiently perform work tasks
Technical Skills
The ability to work well with other people both individually and in a group.
Human Skills
The skills that managers use to think and to conceptualize about abstract and complex situation.
Conceptual Skills
Company’s ability to achieve its business goals and increase long-term shareholder value
Sustainability
The reality that management is needed in all types and sized of organizations at all organizational levels, in all organizational areas and in organizations no matter where located.
Universality of Management
Managerial Perspective where managers are directly responsible for thr organization’s success and failure.
Omnipotent VOM