Internal Environment Of Lsos Flashcards

0
Q

Management hierarchy

A

Is the arrangement that provides increasing authority at higher levels of hierarchy

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1
Q

Management structure

A

A term used to describe the ways in which the management, employees and resources are arranged to achieve objectives

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2
Q

Chain of Command

A

Is a system that determines responsibility, supervision and accountability of members of the organisation

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3
Q

Unity of command

A

States that each employee within an organisation should report to only one supervisor

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4
Q

Span of control

A

Refers to the number of people for whom a manager is directly responsible

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5
Q

Functional structure

A

Involves grouping employees together according to the tasks or jobs they will perform

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6
Q

Divisional structure

A

Groups employees together according to divisions that may be geographical, customer, product or process focused

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7
Q

Matrix structure

A

Involves bringing together specialists from different parts of the organisation to solve specific problems or undertake specific projects

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8
Q

Planning

A

Is the process of setting objectives and deciding on methods to achieve them

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9
Q

Strategic planning

A

Strategic planning is long term planning, usually over two to five years

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10
Q

Tactical planning

A

Is flexible, adaptable, medium term planning that is usually over one to two years, which assists in implementing the strategic plan

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11
Q

Operational planning

A

Provides specific details about the way in which the organisation will operate in the short term

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12
Q

SWOT Analyisisisisis

A

Involves the identification and analysis of the internal strengths and weaknesses of an organisation, and the opportunities in and threats from, the external environment

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13
Q

Organising

A

The process of arranging resources and tasks to achieve objectives

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14
Q

Leading

A

Is the process of influencing or motivating people to work towards the achievement of the organisations objectives

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15
Q

Controlling

A

Is the process of evaluating performance and taking corrective action to ensure that the set objectives are being achieved

16
Q

Policy

A

Is a set of broad guidelines to be followed by all employees when dealing with important areas of decision making

17
Q

Procedure

A

Is a series of actions enabling a policy to put into practice. It can also be used to resolve a dispute brought about by a breach of a policy

18
Q

Ethical management

A

Refers to the process of abiding by moral standards and doing the right thing in the interest of all stakeholders

19
Q

Audit

A

Is an independent check of the accuracy of financial records and accounting procedures

20
Q

Corporate code of conduct

A

Is a set of ethical standards for managers and employees to uphold

21
Q

Social responsibility

A

Is the obligations a business has over and above it’s legal responsibilities to the wellbeing of employees and customers, shareholders and the community as well as the environment

22
Q

Social report

A

Outlines what an organisation has done, and is doing, with regards to social issues

23
Q

Characteristics of Pyramid structures

A

Rigid lines of communication
Numerous levels of management, from managing director to supervisor
Clearly distinguishable organisational roles and responsibilities
Hierarchical, linear flows of info downwards
Centralised control and decision making

24
Q

Flatter management structure

A

Decentralised decision making
People centred
Flexible structure, less layers
Modern forward thinking

25
Q

Corporate culture indicators

A
Rituals rites and celebrations 
Heroes
Dress code-uniform (casual,traditional)
Structures and management styles 
Layout of working environment