Lesson 1 Flashcards
Responsible for one kind of activity in a given business organization
Functional managers
Supervising complicated unit like enterprise, branch in branch in establishment.
Responsible for whole economic activity unit
Overall managers
Provides information and ideas to the employees
Interpersonal
Has the social, ceremonial and legal responsibilities
Figurehead
Provides “leadership” for the team for the department or perhaps for the entire organization
Leader
Most communicate with internet and external contacs
Liaison
Involves in processing “information”
Informational
Regularly seeks out information related to the organization and industry
Monitor
Communicates potentially useful information
Disseminator
“Speaks” for that organization. They are responsible for transmitting formation about organization and its goals
Spokesperson
Involves using information
Decisional
Creates and control change with the organization
Entrepreneur
Manager who must take change
Disturbance-Handler
Needs to determine where organization resources are best applied
Resource allocator
Needed to take part in and direct important “negotiation”
Negotiator
Five types of skills
•management and leadership skills
• communication skills
•collaboration skills
• critical thinking skills
• project management skills
These factors that affect the operation of the business be it internal
Environmental forces
Business activities are carried “outside the country”
International business
A business operating in their own country
Domestic business
A method used to analyze strategic plan of action and helps organization
Environmental scanning
Those that exist outside the firm and often regarded as uncontrollable
External environment
The oldest popular method used for environment scanning
SWOT analysis
SWOT stands for
Strength weakness opportunities and threats