Management Flashcards
Define management?
Process (method of completeing tasks) on how to accomplish tasks and achieve goals
Define manager?
An individual whos job is to coplete and achieve goals
Is leadership the same as management?
No, because leadership is the ability to guide, inspire, and direct others
What are the key elements of classical and modern views of management?
industrial Rev: people working together to achieve goals
20th: Produce tangible goods
21st: more education less on tangible goods
What are the key elements of fayal’s management functions
- Forecast and plan
- Organize
- Command
- Coordinate
- Control
People have designated skills and arent expected t have all skills
Specializationn and diviion of labor
To ensure tasks are performed people with responsibilities have sufficient authority in organization?
Authority with corresponding responsibility
People should follow rules and there are consequences to not following?
Discipline
The organization has an administrator who is recognized as having the ultimate authority
Unity of command
The organization has asense of direction or vision that is recognized by all members?
Unity of direction
The goals of the organization supersede the goals of the individual?
Subordination of individual interest to general interest
Employees should be paid appropriately given the market for their skills and level of responsibility
Remuneration of staff
Performing similar tasks at a single location is more efective than multiple locations
Centralization
Each employee has one and only one direct supervisor?
Scalar chain/line of authority
Tasks should be performed in a systematic fashion
Order
Supervisors should treat their employees with a sense of fairness?
Equity