Chapter 2 Flashcards
What is Management hierarchy?
Management hierarchy is the arrangement that provides increasing authority at higher levels of the hierachy.
What is a Management structure?
Management structure is a term used to describe the ways in which parts of an organisation are formally arranged to achieve objectives.
What is the chain of command also known as line autority?
The chain of command also known as line authority is a system that determines responsibility, supervision and accountability of members of the organisation.
Describe the principle of unity of command.
The unity of command states that each employee within an organisation should report to only one supervisor.
Describe span of control.
Span of comtrol refers to the number of people for whom a manager is directly responsible.
What is functional structure?
Functional structure invokes grouping employees together according to the tasks they will perform (task structure)
What are a divisional structure groups?
Divisional structure groups employees together according to divisions that may be geographical, customer, product or process focused.
What is the matrix structure?
Involved bringing together specialists from different parts of the organisations to solve spefic problems or to undertake spefic projects in teams
What is corporate culture?
corporate culture refers to the values, ideas, expectations and beliefs shared by members if the organisation.
Describe planning.
Planning is the process of setting, objectives and deciding on the methods to achieve them.
Strategic planning is?
Long term planning, usually over 3-5 years
Tactical planning is?
Flexible, adabthe, medium term planning, usually over one to two, which assist in implementing the strategic plan.
Operational planing?
Provides spefic details about the way which the organisation will operate in the short term.
What is a swot analysis?
A SWOT analysis involves the identification and analysis of the internal strength and weakness of the organisation, and the opportunities in, and threats from the external environment.
What is organising?
Organising is the process of arranging resources and tasks to achieve objectivies.
Leading?
Is the process of influencing or motivating people to work towards the achievement of the organisations objectives.
Controlling?
Is the process management goes through when it attempt to evaluate performance and take corrective action to ensure that objectivies are being achieved.
What is a policy?
A policy is a set of broad guidelines to be followed by all employees when dealing with important areas of decision making.
What is a procedure?
A procedure enables a policy to be put into practice.