Chapter 1: Concept of Management Flashcards
A process consisting of planning, organizing, directing/actuating, and controlling
Management
Management is a process consisting of (4)
planning, organizing, directing/actuating, and controlling
Effective motivation of people and efficient utilization of resources to attain a predetermined objective
Management
Nature of management (2)
-describe each
Art
-results in accomplishment of objectives thru human efforts. Requires skill and careful study in its application
Science
-systemic body of knowledge. Gathers and analyzes facts and makes general laws or principles based on these facts
Functions of management (4)
Planning
Organizing
Directing
Controlling
Mental effort whereby executives anticipate possible causes or factors that may affect or change activities and objectives of the organization
Planning
Controls the nature and direction of change and determines what measures or actions are necessary to accomplish predetermined goals
Planning
Includes several possible alternative courses of action that may be taken under varying conditions
Planning
It considers the best course of action
Planning
Grouping together of people and establishing relationships among them
Organizing
Defining authority and responsibility of who will perform the work in order
Organizing
Refers to the way of getting all personnel of the organization to accomplish what the management desires
Directing
It involves both motivation and communication
Directing
Directing involves (2)
Motivation
Communication
Checking the work accomplished against plans or standards
Controlling
Bases for controlling (4)
Standard quality
Standard quantity
Standard time
Standard cost
One whose job is to guide the organization to attain its objectives
Manager
He performs the functions of planning, organizing, directing, and controlling the work of his subordinates
Manager
Takes charge of the management or oversees the functioning of an activity to achieve a set of goals or purpose
Manager
The manager is the one who performs the functions of (4) the work of his subordinates
Planning
Organizing
Directing
Planning
Strength of a manager
Ability to use all his resources to get things done properly
His strength is his ability to use all his resources to get things done properly
Manager