Exams 2 Flashcards

1
Q

Problem

A

A discrepancy between ideal and actual conditions

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2
Q

Decision

A

A choice among alternatives

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3
Q

Steps in Problem Solving

A

Diagnose, Develop solutions, evaluate solutions, choose solutions, implement decision, evaluate and control

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4
Q

Identify and diagnose the problem

A

Identify the gap between desired and actual conditions

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5
Q

Develop alternative solutions

A

All kinds of possibilities are explored, even some that seem unrealistic

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6
Q

Evaluate alternative solutions

A

Comparing the relative value of the alternatives

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7
Q

Choose one alternative solution

A

The process of weighing the alternatives must stop at some point

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8
Q

Implement the decision

A

Converting a decision into action

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9
Q

Evaluate and control

A

Investigate how effectively the chosen alternative solved the problem

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10
Q

Political considerations

A

Organizational decisions on the basis of the objective merits of competing alternatives with considerations of favoritism, alliances or the desire of the decision maker to stay in favor of those who wield power

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11
Q

Group decisions

A

The process of several people contributing to a final decision

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12
Q

Creativity

A

The process of developing novel ideas that can be put into action

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13
Q

The creative and innovative organization

A

Apply to services and processes as well as to the products. Challenge, freedom, resources, rewards and recognition, allocating time for thinking, building ideas off of others, diversity

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14
Q

Challenge

A

Employees need the right type and amount of this to help provide a creative atmosphere. There should not be bored or overwhelmed

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15
Q

Freedom

A

Employees should be free to choose how to accomplish a goal but not which goal to accomplish

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16
Q

Resources

A

Allotted time and money to enhance creativity

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17
Q

Rewards and recognition for innovative ideas

A

External rewards and recognition are helpful, but the most important motivation is internal motivation

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18
Q

Allocating time for innovative thinking

A

Workers need time to think in order to be creative

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19
Q

Building of the ideas of others

A

Encouragement facilitates creativity

20
Q

Greater diversity in groups

A

Cultivate creativity by establishing a group of people with diverse backgrounds

21
Q

Data-driven management

A

An attitude and approach to management rather than a specific technique that stems from data-based decision making

22
Q

Forecasting methods

A

Important if a manager fails spot trends and react to them before the competition does, the competition can gain invaluable edge

23
Q

Judgmental forecast

A

A quantitative forecasting method based of a collecting of subjective opinions

24
Q

Economic forecasting

A

Predication of future business activity

25
Sales forecasting
Primary planning document for a business
26
Technological forecasting
Predicts what types of technological changes will take place
27
Inventory control techniques
Help face the problem of how much inventory to keep on hand
28
Economic order quantity
Represents the reorder quantity for the least cost
29
Just-in-time system
Quantitative, eliminates waste wherever possible, used in repetitive, single-product manufacturing environment
30
Advantages of JIT
Defects readily detected, suppliers don’t raise price, organizational commitment to quality design
31
Disadvantages of JIT
Must be in supportive/compatible environment, applicable only to repetitive manufacturer, product demand must be predictable
32
Job specialization
The degree to which a job holder performs only a limited number of tasks
33
Job description
A written statement of the key features of a job along with the activates required to perform it effectively
34
Job enrichment
Is an approach to including more challenge and responsibility in jobs to make more appealing to most employees
35
Job enlargement
Increasing the number and variety of tasks within a job
36
Job rotation
A temporary switching of job assignments
37
Telecommuting
An arrangement with one’s employer to use a computer to perform work at home or in a satellite office
38
Advantages of telecommuting
Increased productivity, low overhead, access to a wider range of employee talent, direct contribution to green initiatives
39
Disadvantages of telecommuting
Telecommuters can feel exploited, building loyalty and teamwork is difficult, difficult to supervise employees
40
Geographic departmentalization
An arrangement of departments according to the geographic area or territory served
41
Span of control
The number of workers reporting directly to a manager
42
Outsourcing
Part of globalization, reducing the need for employees and physical assets
43
Horizontal structure
The arrangement of work by teams that are responsible for accomplishing a process
44
Decentralization
The extent to which authority is passed down to lower levels in an organization
45
Centralization
The extent to which authority is retained at the top of the organization
46
Organizational/Corporate culture
The system of shared values and beliefs that actively influence the behavior or organization members