MANAGEMENT Flashcards
It is defined as a group of people working towards the same goal.
organization
is the degree to which the organizations achieves goals
Effectiveness
is the use of minimal resources to produce desired output
Efficiency
is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources.
Management
are the executive function of the organization tasked to build and coordinate entire systems. They are also responsible in creating the right environment to ensure that the department or organization will survive and thrive.
Managers
what are the management functions?
Planning, Controlling, leading, and organizing
Select goals and ways to attain them
Planning
Monitors activities and make corrections
controlling
Assign responsibility for task accomplishments
Organizing
Use influence to motivate employees
Leading
Management levels in org hierarchy
CEO, Business Unit Head, Department Manager, Functional head, nonmanagerial employees
CEO
corporate or group head
and Vice-P. of administration
Business Unit Head
General manager and administration.
Department Manager
Production line or service manager and info service manager
Functional head
production, sales, R&D supervisor and IT, HRM, and Accounting supervisor
nonmanagerial employees
Line jobs and staff jobs
These managers are directly responsible for the production of goods and services. They are responsible for facilitating individual employee performance. Their primary concern is the application of rules and procedures to achieve efficient production, provide technical assistance, and motivate subordinates.
First-Level Managers
These managers are concerned less with individual performance and more with linking groups of people, such as allocating resources, coordinating teams, or putting top management plans into action across the organization. They are responsible for implementing the overall strategies and policies defined by top managers.
Middle Managers
They are responsible for the entire organization. responsible for setting organizational goals, defining strategies for achieving them, monitoring and interpreting the external environment, and making decisions that affect the entire organization. They look to the long-term future (Vision and Mission) and concern themselves with general environmental trends and the organization’s overall success.
Top-Level Managers