Class1; Management Part 1 Flashcards
What are the core characteristics of Management?
Planning
Leading
Controlling
Organizing
What is the difference between efficiency and effectiveness?
Efficiency is the reduction of cost, and resources used in executing tactics
While,
Effectiveness is achieving the organization’s goals and vision
Who are Managers?
These are individuals who supervise and plan. Control, lead and organize people to achieve a particular goal. They do not do this for personal gain but for the objective success of the company.
What are the managerial skills?
Conceptual skills
Political Skills
Human Relations skills
Technical Skills
Time Management Skills
What are the critical managerial skills according to Robert L. Katz?
Human Relation Skills
Conceptual Skills
Technical Skills
What is the Managerial Hierachy?
Top line
Middle line
First line
What is the Managerial Hierachy?
Top line
Middle line
First line
What is an Organization?
This is a deliberate arrangement of people to achieve a goal impossible to achieve by a single individual
What are the common characteristics of an Organization?
Deliberate purpose
People
Distinct Purpose
What are the major schools of management?
Pre-Classical School
Classical School
Neo-Classical School
Quantitative Schol
Modern/Contemporary School
What are some example of pre-classical management structures?
Adam Smith’s Division of Labour
The Industrial Revolution
The Pyramids of Egypt
The Great wall of China
What is the core of Classical Management School?
It uses the concepts of rationality and making organizations and workers efficient and effective
What are the theories of Classical School?
General Administrative Theory
Scientific Management Theory
Who are the main contributors to Scientific Management Theory?
Fredrick W. Taylor
Henry Gnatt
Frank & Lilt Gilbreth
Who were the contributors to General Administrative Theory?
Henri Fayol
Max Weber
