Chapter 1 Flashcards

1
Q

Management

A

efficient and effective pursuit of org goals through people

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2
Q

organization

A

group of people who work together to achieve a specific purpose

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3
Q

efficiency

A

attain org goals by doing more with less resources (people, money, mats)

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4
Q

effectiveness

A

org ends the goals by achieving results. Make right decisions and successfully carry them out

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5
Q

multiplier effect

A

manager influence on org is multiplied beyond results achieved by one person acting alone

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6
Q

4 principal functions of management

A

planning
organizing
leading
controlling

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7
Q

planning

A

set goals and decide how to achieve them

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8
Q

organizing

A

arrange tasks, people, and resources to accomplish the work

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9
Q

leading

A

motivate, direct, and infl people to work hard and achieve org goals

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10
Q

controlling

A

monitor perf, compare with goals and take corrective action as needed

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11
Q

Levels and Areas of management

A

Levels:
top manager
middle
first-line
team leader
nonmanegerial worker

areas :
resource and deve
marketing
production
finance
HR

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12
Q

top manager

A

make long term decisions abt dir of org and est policies and strategies for it

C suite

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13
Q

middle manager

A

implements policies and plans of top managers and supervises and coordinates the activities of first line managers

directors

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14
Q

first line manager

A

make short term operating decisions, direct daily tasks of nonmanagerial personelle

department head, foreperson, supervisor

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15
Q

team leader

A

facilitates team members activities to help teams achieve goals

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16
Q

nonmanegerial employyes

A

work alone on tasks with others on variety of teams

dont supervise of manage other people

bulk of companies work force

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17
Q

functional manager

A

responsible for 1 organization activity (specialist - has a niche)
vice pres of production, dir of finance

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18
Q

general manager

A

responsible for several orgal activities and supervise other managers

19
Q

roles managers play

A

interpersonal
informational
decisional

20
Q

interpersonal

A

managers interact with people inside and out their work units

figure head
leader
liaison activities

21
Q

informational

A

managers receive and communicate info with other people inside and out of org

monitor
disseminator
spokesperson

22
Q

decisional

A

managers use info to make decisions to solve problems or take advantage of opportunities

entrepreneur
disturbance handler
resouurce allocator
negotiator

23
Q

figure head

A

interpersonal

show visitors around company

  • attend work B day parties
  • present ethical guideines to subordinates
  • perform symbolic tasks that rep org
24
Q

leadership

A

interpersonal

  • responsible for actions of subordinates
  • success and fail of subordinates reflect on you
  • make decisions about training, motivating, and disciplinging people
25
liaison
interpersonal polititian work with people outside work units and org to develop alliances to achieve org goals
26
monitor
informational be alert for useful info (newspaper stories abt competitors/ convos with subordinates in hallway)
27
disseminator
informational distribute important info to employees via email/meetings
28
spokesperson
informational put best face on activities of work unit or org to people outside of it
29
entrepreneur
decisional initiate change and innovation
30
disturbance handler
decisional fix problems like unforeseen ones-- product defects or international currency crisis
31
resource allocator
decisional setting priorities abt use of resources bc there is never enough $, time or resources
32
negotiator
decisional work with others inside and out the org to accomplish goals
33
skills managers need
technical conceptual human/soft
34
technical skills
job specific knowledge needed to perform well in specialized field --> first line managers college edu
35
conceptual skills
think analytically, visualize org as a whole and understand how parts work together --> top managers think as a whole
36
human / soft skills
work well in cooperation with people to get things done
37
seven challenges
1. competitive advantage 2. technological advances 3. inclusion and diversity 4. globilization 5. ethical standards 6. sustainable development
38
competitive advantage
ability to produce g/s more effectively than competitors 1. being responsible to employees -- meet their expectations 2. responsive to customers - #1 law of business- take care of customer 3. innovation -- always find new ways to make something new and better 4. quality-- make g/s good quality 5. efficiency -- produce g/s quickly with min resources
39
technological advances
- facilitates change, be used to it e- commerce -- buy sell g/s online e-bus -- use internet to run every aspect of bus databases -- collection of interrelated files big data -- large quantity of data, computers stored in seperate building
40
knowledge management
implementing systems and practices to increase sharing of knowledge and info throughout org
41
inclusion and diversity
- future wont resemble tje past equity -- employyes treated fairly and equally inclusion -- employees heard, valued, and involved
42
globiliation
expand management universe beyond country borders con : overreliance on int economy pro : greater efficiecy, increased access to G/S and widespread innovation understand culture and etiquette
43
ethical standsards
do it by the book
44
sustainable development
business of green meet present needs while ensuring future gens will meet theirs