Lesson 1 ( introduction to Management ) Flashcards
what is an organization?
Two or more people who work together in a structured way to achieve a specific goal or set of goals
what are the 3 characteristics of organization?
- distinct goal
- purposeful structure
- people
what are main types of organizations?
- goal > 1. profit 2. non profit
2. Formality > 1. formal 2. informal
what managesrs do?
plan, organize, direct and control organizational resources to achieve common organizational goal
key elements in the of management
- Organizational Goals
- Resources
- Efficiency
- Effectiveness
- Functions of management»_space; Planning, Organiziing,Leading and controlling
what are the main 4 factors of resources?
Human
Financial
Physical
Informational
definition of efficiency කාර්යක්ෂමතාව
gettingthe highest amount of output from the least amount of input
definition of efectiveness ඵලදායී බව
accomplishing organisational goals
who is a manager?
A person responsible for planning, organizing, directing, and controlling organizational resources in order to achieveorganizational goal.
who is a manager?
A person responsible for planning, organizing, directing, and controlling organizational resources in order to achieveorganizational goal.
what are the main 2 types of managers
- based on levels»_space; 1. top level 2. middle level 3. front line
- based on funtion»_space; 1. funtional manager 2. general manager ( the manager who controls almost everything)
define frontline manangers and key tasks
Individuals who manage the work of non-managerial employees
key tasks
1. Supervise and coordinate the activities of operating employees
define middle managers and key tasks
Individuals who manage the work of first-line managers
key tasks
1. Responsible for carry out the policies and plans developed by top managers.
- Develop program and procedures.
- Supervising and coordinating the activities of lower-level managers
define top managers and key taks
Individuals who are in responsible to make decisions and developing plans and goals for the entire organization.
key tasks
1. Create the organization’s goals, overall strategy, and operating policies.
- Officially represent the organization to the external environment
functional manager responsibility and examples
A responsibility is limited only to a certain field/scope.
examples :
Production /Operation Manager
Marketing Manager
Finance Manager
Human Resource Manager