Managing Flashcards
What are the 3 characteristics of organisations?
Goals
People
Structure
What is Management?
The process of getting things done, effectively and efficiently with and through other people
What is the operations system process?
Inputs -> transformation -> outputs
What is Fayols 3rd principle of management?
Discipline
What are the first 4 principles of management by fayol?
Division of work
Authority
Discipline
Unity of Command
What is division of work?
Specialisation in a field
Why is authority an important management principle?
Authority gives managers the right to give orders.
What is unity of command?
Receive orders from only one superior
Subordination of individual interests to the general interest?
Individual or group interests must be within the organisations interests
What is Remuneration?
Workers must be paid a fair wage for their services
What is Centralisation?
The degree to which subordinates have an input in decisions.
What is scalar chain?
Line of authority
What is Esprite de corps?
Promoting team spirit
What is effectiveness
Doing things right
What is efficiency?
Doing things right. Getting most output from least input.