Definitions of Topics Flashcards
Organisational Structures
Refers to the framework in which the tasks are divided, the work of employees and departments are coordinated and authority is distributed
Leadership
leadership is the ability to influence people towards the attainment of organisational goals
CSR
CSR, the obligation the organisationals management to make choices and take actions that will not only benefit and enhance the welfare of the organisation but also society
Motivation
Motivation refers to the forces either within or external to a person, that arouse enthusiasm and persistence to pursue a certain course of action
Decision Making
Strategic MGMT involves decisions and actions used to formulate and implement strategies that provide the organisation with a competitive advantage
Innovation
The process of managing ideas, knowledge, and technology to create new products, services, or processes