Definitions of Topics Flashcards

1
Q

Organisational Structures

A

Refers to the framework in which the tasks are divided, the work of employees and departments are coordinated and authority is distributed

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2
Q

Leadership

A

leadership is the ability to influence people towards the attainment of organisational goals

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3
Q

CSR

A

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

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4
Q

Motivation

A

Motivation refers to the forces either within or external to a person, that arouse enthusiasm and persistence to pursue a certain course of action

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5
Q

Decision Making

A

Strategic MGMT involves decisions and actions used to formulate and implement strategies that provide the organisation with a competitive advantage

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6
Q

Innovation

A

The process of managing ideas, knowledge, and technology to create new products, services, or processes

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