Final Exam Flashcards
centralized decision-making
• autocratic leadership
- leader has complete control over decision-making and little input from subordinates
• autocratic leadership
- Making decisions unilaterally
• autocratic leadership-
- encouraged to express their opinions and ideas freely
• autocratic leadership
- quick decisions are required
• autocratic leadership
- lead to low morale due to limited involvement
• autocratic leadership-
give employees complete freedom to make decisions
• laissez-faire leadership-
- control over decision-making
• laissez-faire leadership
- Restricts employee autonomy
• laissez-faire leadership
- situations requiring quick decisions
• laissez-faire leadership
motivates and inspires followers to achieve common goals
• democratic leadership
- Decentralized
• democratic leadership
- fostering collaboration and inclusivity
• democratic leadership-
- promoting inclusivity and collaboration
• democratic leadership
- 50/30/20= 30 should be allocated to discretionary spending
- Fixed and variable expenses
- Bare bones budget
Create a budget plan
to communicate and influence subordinate
Leading
the final action of a manager in getting others to effect all preparations toward completion.
Leading
influence that triggers directs or maintains goal-directed behavior.
Motivation
interpersonal influence directed toward the achievement of goal.
Leadership
Shared Value/ Belied
Manana Habit- Postponing of word
Ningas Cogon- Waning of interest (something that is slowly becoming less important over time)
Filipino Time- Late
Foreign Culture
Gender Egalitarianism- minimizing gender discrimination
Assertiveness-confrontational
Performance Orientation- individual should be rewarded for improvement
Humane Orientation- encourage and reward people for being kind
- Culture Relativism-
different interpretation of similar behavior by members of different cultures
Ethnocentrism-
way of life or culture is superior to others
identify problem before it occurs. It’s a pre-emptive and focuses on the preventions of deviations from planning to leading
Preliminary- .
also called screening controls, which means to monitor the operations in progress.
Concurrent-
to detect the existing problems after they occur but before they reach crisis proportion.
Post-Action
Application of management control in accounting and marketing concepts and techniques
- Budget control
- Break-even point analysis- total income and total cost is equal
Create a budget plan
- Base your income and expenses on reality
- Choose a customized plan
50/30/20
Fixed and variable expenses budget
Bare bones budget-budget is based on you lowest possible monthly income. Create a plan based on your absolute necessities.
- Find a method to tract your budget
