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Management > Chapter 1 > Flashcards

Chapter 1 Flashcards

1
Q

7 challenges TO BEING A STAR MANAGAER (CDGIESH)

A 
COMPETITIVE ADVANTAGE
DIVERSITY
GLOBALIZATION
IT
ETHICAL
SUSTAINABILITY
HAPPY HAPPY HAPPY

CDGIESH

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2
Q

Competitve Advantage

A

produce goods for effectively.

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3
Q

Managing for Competitive Advantage

A

BE responsive
Innovative
Quality
Effecient

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4
Q

Sustainability

A

FUTURE

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5
Q

Four Principal Functions MANAGER

A

Planning
Organizing
Leading
Controlling

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6
Q

Top Managers

A 
Long term choices
Strategies
Objectives
Policies
Determine the direction of company
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7
Q

Middle Managers

A

Implement the policies and plans of top managers

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8
Q

First Line Managers

A

Make SHORT TERM operating choices

Daily tasks

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9
Q

Functional Manger

A

ONE ORGANIZATION

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10
Q

General Manager

A

SEVERAL ORGANIZATIONS

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11
Q

Mintzberg’s findings

A
  • relies more on verbal than written
  • long hours, intense pace
  • fragmentation, bevity, variety
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12
Q

3 types of Managerial Roles

A

Interpersonal
Informational
Decisional

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13
Q

Interpersonal Roles

A

Interact with people inside AND outside their work units

FIGUREHEAD LEADER LIASION

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14
Q

Informational Roles

A

Receive and communication information

MONITOR SPOKESPERSON

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15
Q

Decisional Roles

A

MAKE chioces to solve problems

Disturbance handler, entrepreneur, negotiator

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16
Q

ENTREpreneurSHIP

A

taking risks to try to create new

17
Q

Entrepreneur

A

Someone who sees a new pop. for a product or service and launches a business to try to realize it

18
Q

Intraprenuer

A

Works inside an exsiting organzating and brainstorms basically

19
Q

How do managers and entrepreneurs differ?

A

Entre. is what it takes to STARTa business AND managers is what it takes to grow or MAINTAIN a business

20
Q

Technical Skills

A

Job-Specific knowledge needed to perform

21
Q

Conceptual Skills

A

Ability too think and visualize

22
Q

Human Skills

A

work well and cooperate with others

23
Q

Most Valued Manager traits

A

Engage
Communicate
Work experience outside US
High energy levels to meet the demands of global travel

Management (20 decks)

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