Exam Flashcards
Organising
the process of coordinating the organisations human, physical and financial resources to achieve results
Leading
the process of influencing or motivating people to work towards the achievement of the organisations objectives
2 features of a management structure
Chain of command -
Span of control - number of people a manger is responsible for
Controlling
the process of evaluating performance and taking corrective action to ensure that the set objectives are being achieved
Control process
Establishing financial and non financial standards in line with objectives
Measuring performance against standards
Making changes
Policy
a broad set of guidelines to be followed by all employees when dealing with important areas of decision making (I Really Can’t Do Reading And Maths)
Procedure
a series of actions enabling a policy to be put into practise
Problem Solving
a broad set of activities involved in searching for, identifying and then implementing a course of action to correct an unworkable situation
Problem Solving process
Identify the problem Gather relevant information Develop alternate solutions Analyse the alternatives Choose an alternative to implement Evaluate the solution
Productivity
the measure of the amount of output compared to the amount of inputs that go into production - measure of efficiency