Chapter Two - Sac part one definitions Flashcards
what is management structure? (MER)
A term used to describe the ways in which the management, employees and resources of an organisation are formally arranged in order to achieve objectives
What is a functional structure?
Involves grouping employees together according to the tasks or jobs they will perform
What is a divisional structure?
groups employees together according to divisions that may be geographical, or customer, product or process focused
What is a matrix structure?
involves bringing together specialists from different parts of the organisation to solve specific problems or to undertake specific projects in teams
What is corporate culture? (VIEB)
refers to the values, ideas, expectations and beliefs shared by members of the organisation
What is planning?
the process of setting objectives and deciding on the methods to achieve them
What is strategic planning?
long-term planning, usually over 2-5 years
What is tactical planning?
medium-term planning, usually over one to two years, which assists in implementing the strategic plan
What is operational planning?
provides specific details about the way in which the organisation will operate in the short term
What is organising?
the process of arranging resources and tasks to achieve objectives
what is leading?
the process of influencing or motivating people to work towards the achievement of the organisations objectives
What is controlling?
the process of evaluating performance and taking corrective action to ensure that the set objectives are being achieved
What is interpersonal qualities?
involves managements capacity to deal with people and build positive relationships with staff
What is informational qualities?
involves gathering and communicating or sharing data and knowledge
What is social responsibility?
the obligations a business has over and above its legal responsibilities to the wellbeing of employees, stakeholders and the environment