Basic Concepts of Management Flashcards
is the act of getting people together to
accomplish desired goals and objectives using
available resources efficiently and effectively.
Management
It can also be defined as human action,
including design, to facilitate the production of
useful outcomes from a system
Management
is a process that is used to achieve what an
organization wants to achieve.
Management
is a social entity that is goal directed and
deliberately structured.
Organization
Encompasses division
of work among employees and alignment of
tasks toward the ultimate goal
Organization
is the degree to which
the organization achieves a stated goal. It’s about
providing a product or service that customers value.
Organizational effectiveness
refers to the amount of
resources to achieve an organizational goal.
Organizational efficiency
can be defined as the amount of resources used to
produce a product or service
Efficiency
FIVE CONDITIONS MUST BE PRESENT
FOR MANAGEMENT TO SUCCEED:
Mission
Authority
Necessary resources
Responsibility
Accountability
A process of social influence in which one
person can enlist the aid and support of others in
the accomplishment of a common task
Leadership
Is the capacity of a company’s management to
set and achieve challenging goals, take fast and
decisive action when needed, outperform the
competition, and inspire others to perform at the
highest level.
Leadership
an essential part of effective management
Leadership
IMPORTANCE OF LEADERSHIP
Give 3
Solving conflicts effectively
Setting a clear vision
Building Morale
Three levels of management
Tope level
Middle level
First level
make decisions
affecting the entirety of the firm
TOP-LEVEL MANAGERS
responsible for
carrying out the goals set by top management
MIDDLE-LEVEL MANAGERS
responsible for the daily management of line workers-
the employees who actually produce the product or
offer the service.
FIRST-LEVEL MANAGERS – or first-line manager
Ten managerial roles by ?
Henry Mintzberg
Henry Mintzberg Ten Management Roles
Divided into three categories:
Interpersonal
Informational
Decisional