Managment Flashcards
SWOT Analysis
- strengths
- weaknesses
- opportunities
- threats
Matrix
Conceptual management
- Top level business managers
- use very little technical and human relation skills
Human relations management
Basically solely working with other people
- need some technical skills and few conceptual skills
Extrinsic rewards
Motivated by
- money (tangible things)
- pressure (autocratic leadership)
Intrinsic
- personal satisfaction
- to do for the fun or for the company
- do because it’s the right thing
- pride
- recognition
Money would be considered an _____________ reward
Extrinsic
Personal satisfaction would be considered an ___________ reward
Intrinsic
Autocratic leadership
- complete control by one person
- military style
Democratic leadership
- people r part of company
- leaders listen to workers for better opportunities
Laissez- faire
Leader sits back and allows employees to do their jobs
Strategies for job interviews
- dress appropriately
- clean up social media
- 5-15 early
- be prepared
Examples of Fringe benefits
- sick days
- vacation days
- personal days
- health and life insurance
- use of facilities
- compressed workweek
- flex time
- -reduced load
- tuition reimbursement
- profit sharing
- stock options
Collective bargaining
Negotiations between employer and employees
Labor union
“Organized group of workers formed to protect and further rights and interests”
Strike
Organized group of employees who protest until their working conditions change
