Chapter 1 Flashcards

1
Q

Define Organisation.

A

A group of people working together in a structured and coordinated fashion to achieve a set of goals.

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2
Q

Define Management.

A

A set of activities directed at an organisation’s resources, with the aim of achieving organisational goals in an efficient & effective manner.

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3
Q

What is a Manager?

A

A person, whose primary responsibility is to carry out the management process.

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4
Q

Describe the management process.

A

A set of activities performed by a Manager.
The basic activities include
1. Planning & Decision Making
2. Organising
3. Leading/ Directing
4. Controlling

PLANNING:
The process by which a manager anticipates the future & discovers alternative course of action open to them.
DECISION MAKING:
The process by which a course of action is consciously chosen from available alternatives for the purpose of achieving a desired result.
ORGANISING:
The process by which the structure and the allocation of jobs are determined.
LEADING / DIRECTING:
The process by which actual performance of subordinates is guided toward common goals.
CONTROLLING:
The process that measures current performance & guide it toward some pre-determined goal.

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5
Q

What are Allied Activities?

A

STAFFING:
The process by which the manager select, train, promote & retire subordinates.
COMMUNICATING:
The process by which ideas are transmitted to others for the purpose of effecting a desired result.

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6
Q

What are Managerial Activities?

A

PLANNING
ORGANIZING
DECISION MAKING
CONTROLLING
LEADING / DIRECTING
COMMUNICATING
STAFFING:

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7
Q

What are the different kinds of managers?

A
  1. Top
  2. Middle
  3. First Line
  4. TOP MANAGERS:
    - Make relatively small group of executives.
    - Manage the whole organisation
    - Create Goals, Strategy, Policy for the organisation
    - Officially represent the organisation during business/ venture meetings
    - Work for long hours
  5. MIDDLE MANAGERS:
    - Next largest group of managers.
    - Primarily responsible for implementation of plans and policies developed by top managers.
    - Supervising & Coordinating the activities of First line managers.
  6. FIRST LINE MANAGERS:
    - Supervise & coordinate the activities of operating employees.
    - Oversee the day to day operations of their respective department.
    - Hire and manage operatives.
    - Spend large proportion of their time supervising the work of operatives.
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8
Q

What are the basic managerial roles?

A
  1. Interpersonal:
    a. Figure-Head - Attends ribbon-cutting ceremonies
    b. Leader - Encourages employees to improve productivity
    c. Liaison - Co-ordinates activities of project groups
  2. Informational:
    a. Monitor - Scans industry reports to stay informed of developments.
    b. Disseminator - Sends memos outlining new industrial initiatives
    c. Spokesperson - Makes speeches to inform of the organisation’s perspective
  3. Decisional:
    a. Entrepreneur
    b. Disturbance Handler
    c. Resource Allocator
    d. Negotiator
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9
Q

What are the basic managerial skills?

A

Technical Skills:
To accomplish/understand the specific kind of work being done in an organisation. (Very Important for First Line Managers).

Decision Making Skills:
To correctly recognise & define problems & opportunities & select an appropriate course of action to solve problems & capitalise on opportunities.

Diagnostic Skills:
Enable to visualise the most appropriate solution to a situation.

Communication Skills:
To effectively convey ideas and effectively receive the ideas & information from others.

Inter personal Skills:
To communicate with, understand & motivate both individuals & groups.

Conceptual Skills:
The ability to think & understand the overall working of the organisation & its environment and make/take decision the serve the overall organisation.

Time Management Skills:
To prioritise work, to work efficiently & to delegate appropriately in order to meet the targets/ schedule as planned.

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10
Q

Mention the areas of management in an organisation and their roles.

A
  1. MARKETING MANAGERS:
    Work in the areas related to marketing function: getting consumers & clients to buy organisation’s products or services.
  2. FINANCIAL MANAGERS:
    Deal with organisation’s finance: responsible for accounting, cash management & investment activities.
  3. MANAGERS:
    Create & manage the systems that produce organisation’s product & services: Include production control, Inventory control, quality control, plant layout, site selection etc.
  4. HUMAN RESOURCE MANAGERS:
    Hire and develop employees: Involved in Human Resource Planning, Recruiting, selecting employees, training & development, designing compensation & benefit schemes, formulating performance appraisal systems, discharging low performance & problem employees.
  5. ADMINISTRATIVE MANAGERS:
    Not involved with any particular management specialty. They have some familiarity with all functional areas of management rather than specialised training in any one area.
  6. PUBLIC RELATION MANAGERS:
    Deal with public & media to protect & enhance the image of the organisation.
  7. RESEARCH & DEVELOPMENT MANAGERS: Coordinate the activities of researchers ( Scientists & Engineers etc) working on scientific projects.
  8. INTERNAL CONSULTANT MANAGERS:
    Provide specialised expert advice to Operating managers.
  9. INTERNATIONAL OPERATION MANAGERS: Manage & Coordinate the activities at international level.
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