Fundamentals of Business Flashcards
Job-centered behaviors
Refers to supervisory functions, such as planning, scheduling, coordinating work activities, and providing resources
Agreeableness
Friendly/Compasionate, Those with a high level of agreeableness are tolerant, sensitive, trusting, and kind. Clan Culture
task-oriented style
Leadership style that is primarily concerned job tasks such as planning, scheduling, coordinating work activities, and providing resources
Extraversion
Outgoing/Energtic, This refers to people who are outgoing, talkative, and sociable. Market
Pentagon Papers
Illegal-ethical conflict in which U.S. government officials leaked top secret papers to inform the public about government actions during the Vietnam War
Stakeholders
Those who have a stake in the performance and output of an organization, such as employees, unions, investors, suppliers, consumers, local and national governments, and communities
Social competencies
Emotional intelligence competencies related to empathy and social skills
employee-member-centered behaviors
Behaviors that focus on supporting employees
empathy
Being attuned and sensitive to the emotional states of others
Influence tactics
The way individuals attempt to influence one another in organizations
Referent power
Ability of the leader to influence people because of their attraction and respect to the leader
Intellectual stimulation
Form of transformational leadership in which a leader recognizes the intellect of subordinates and empowers them to contribute towards the success or vision of the organization
Expert power
Power based on knowledge and special skill or experience
Intelligence
The ability to acquire and apply knowledge and skills
international business culture
Variations in attitudes, values, goals, and practices shared by individuals, organizations, or societies based on geography
social skills
A broad range of behaviors related to managing relationships with others
Information power
Power that stems from when a leader possesses knowledge that others need or want
supportive communication
Used to preserve a positive relationship between communicators while still addressing the problem at hand. Active listening is required.
Initiating
The task-related behaviors of a leader. Includes planning, problem solving, and scheduling. Would fall under job-centered behaviors.
locus of control
Extent to which an entity believes the current and anticipated circumstances, and its response to them are within its control. Internal focus- you have control of your destiny. External focus- someone else is in charge like luck or God.
Market
It tends to be externally focused on competition and profits and less flexible (e.g., security companies). A market culture focuses on delivering value and goal achievement with an emphasis on individuals driving and delivering results, Extraversion
EQ
The level of a person’s emotional intelligence, often as represented by a score in a standardized test
passive communicator
Tentative communication style used by those who are hesitant to speak up
Surveys
Questionnaires that track preferred actions in specific emotional intelligence situations
passive-aggressive communication style
Indirect communication style that uses hidden messages to express needs and ideas
greenwashing
When organizations carry about CSR missions in an inauthentic way, using them to increase publicity rather than to spur real change
professional communication
Information that is exchanged in a business context for the commercial benefit of an organization
Sarbanes–Oxley Act SOX
Law aimed at improving corporate transparency by requiring clear reporting practices
Reward power
Ability to grant a reward to an employee in exchange for job performance
corporate social responsibility CSR
Philosophy in which a company voluntarily engages in actions that benefit society, be it economically, socially, politically, or environmentally
people-oriented style
Leadership style that is primarily concerned with interpersonal relations in the workplace
communication style
Dominant way in which an individual interacts and exchanges information with others
Conscientiousness
Effective/organized, People who are conscientious are organized, punctual, and dependable. Hierarchy
Ethics
Principles that serve as a guide about how to behave. What is right and what is wrong.
illegal-ethical
Dilemma in which the ethical choice would be in violation of established laws
corporate culture
The attitudes, values, and standards of behavior that distinguishes one organization from another
mindfulness
Consciousness of the present moment
Organizational structure
A system used to define a hierarchy within an organization
Formal leaders
A person who is officially designated as the leader of a group
Values
Stable life goals that people have, reflecting what is most important to them
motivation
Emotional tendencies that impact your ability to reach personal goals
Organizational ethics
Rules, principles, and standards for deciding what is morally right or wrong when doing business
Autocratic style
Leadership style that keeps close control over subordinates and does not seek much input from others. Causing low competence and low commitment. Telling - act of ordering employees, Trump & Martha Stewart
rehearsing
When the receiver is preparing what to say in response instead of actively listening to sender’s message
code of ethics
Guide that publicly sets out an organization’s key values and ethical obligations
legal-ethical
When the law and personal or organizational ethics are in accordance with each other
barrier to effective communication
Factor that prevents the receiver from receiving and understanding the message accurately
legal
An act that is allowed or is in conformity with the law of the land