Chapter 1 Flashcards

1
Q

Effective management is..

A

everyone supports everyone

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2
Q

what do managers do?

A

plan, organize, lead, control

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3
Q

3 management role?

A

interpersonal, informational, decisional

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4
Q

Katz’s 3 essential management skills

A

conceptual, human, and technical skills

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5
Q

What is emotional intelligence?

A

ability to manage ourselves

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6
Q

What are the 6 must have managerial skills?

A

teamwork, self-management, leadership, critical thinking, professionalism, communication

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7
Q

Important career issues are?

A

talent, technology, globalization, diversity, ethics

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8
Q

What is intellectual capital?

A

brainpower or shared knowledge of a workforce

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9
Q

commitment + competency =

A

intellectual capital

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10
Q

job migration

A

jobs from one country to another

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11
Q

What does multicultural workforce do?

A

provides both challenges and opportunities to employers

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12
Q

What are ethics?

A

Moral principles - what is good and right

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13
Q

Corporate governance =

A

financial performance

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14
Q

ethical performance=

A

sustainability

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15
Q

SWOT

A

strengths, weaknesses, opportunities, threats

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16
Q

What is the shamrock organization ?

A

fulltime core workers, independent contractors, part time temporaries