m1 Flashcards

1
Q

achievement of an organization’s goals in an effective and efficient manner through the the planning, organization, direction and control of organizational resources.

A

management process

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2
Q

Process through which the current situation is analyzed, defines where you want to be in the future and establishes the lines of action that must be taken to get there.

A

planning

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3
Q

Process by which the work is arranged and assigned among the company’s personnel to efficiently achieve the proposed plans.

A

organization

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4
Q

Process through which it is intended to guide and motivate the employees of a company to work actively in the achievement of the objectives, also establishing lasting relationships between employees and the company.

A

direction

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5
Q

3 elements from direction

A

leadership, motivation, communication

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6
Q

A process of measuring and correcting performance to ensure that events are in line with plans.

A

control

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7
Q

how is the largest professional organization called?

A

PMI (project management Institute)

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8
Q

a temporary effort undertaken to create a unique product, service or result.

A

project

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9
Q

what does a project requires?

A

An organized set of work efforts.
Progressively elaborated details.
A definite beginning and ending.
A unique mix of stakeholders.

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10
Q

initiating, realizing, planning,closing, executing, selecting

A

6,1,3,5,4,2

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11
Q

the extent of the area or subject matter that something deals with or to which it is relevant.

A

scope(alcance)

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12
Q

Global Megatrends

A

Digital disruption
Climate crisis
Demographic changes
Economic changes
Labor shortage
Civil, civic and equality movements

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13
Q

They are renewed with greater speed.
They are fleeting.
Sets the direction for the development of products and services in a short period of time.
They have a more local character.

A

trends

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14
Q

Describes what the organization is expected to become or be able to achieve in the future. It should be realistic, but it can be ambitious; its function is to guide and motivate the group to continue with the work.

A

vision

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15
Q

represents the reason for the company’s existence and answers the questions: Who are we? What do we do? Who do we do it for? How do we do it? Why do we do it?

A

mission

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16
Q

They are the set of principles that companies undertake to respect any activity carried out within them

A

values

17
Q

they represent the strategic guidelines that must be followed to realize the mission and approach the vision.

A

strategic objectives

18
Q

types of decision making models

A

classical, administrative and political

19
Q

SWOT

A

strengths
weaknesses
opportunities
threats

20
Q

SMART meaning

A

specific
measurable
attainable
realistic
time-bound

21
Q

Porter’s 5 forces are:

A

Competition in the industry
Potential of new entrants into the industry
Power of suppliers
Power of customers
Threat of substitute products