Management Flashcards
Definitions
Manager
The person responsible for setting objectives, organising resources and motivating workers so that the objectives of the business are met.
Management
The organisation and coordination of activities in order to achieve the defined objectives of the business.
Autocratic management
A management style where one manager takes all decisions with very little, if any, input from others.
Democratic management
A management style that encourages the active participation of workers in taking decisions.
Paternalistic management
A management style based on the view that the manager is in a better position than the workers to know what is best for an organisation.
Laissez-faire management
A management style that leaves much of the business decision-making to the workforce.
Theory X
The view that some managers believe that employees are lazy, fear-motivated and in need of constant direction.
Theory Y
The view that some managers believe employees are internally motivated, enjoy their work and are prepared to take on additional responsibilities.