OM Flashcards

1
Q

“Management is an art of getting things done
through and with the people in formally organized
groups. It is an art of creating an environment in which
people can perform and individuals and can co-operate
towards attainment of group goals”.

A

Harold D. Koontz

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2
Q

“Management is an art of knowing what to do, when
to do, and see that it is done in the best and cheapest
way”. Management is a purposive activity”
It is the process of working with and through others
to effectively achieve the goals of the organization,

A

Frederick Winslow Taylor

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3
Q

Management is “to manage is to forecast and
to plan, to organize, to command, to coordinate, and
to control.”

A

Henri Fayol

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4
Q

“Management is a multi-purpose organ that manages the
business and manages managers and manages workers
and work.”

A

Peter Drucker

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5
Q

Management defines as the “art of getting things
done through people”.

A

Mary Parker Follett

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6
Q

considered to be the central function of
management. It involves setting goals and objectives and
identifying ways to achieve them.

A

PLANNING

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7
Q

is the function of management that involves
developing an organizational structure and allocating human
resources to ensure the accomplishment of objectives.

A

ORGANIZING

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8
Q

the process of hiring eligible candidates in
the organization or company for specific positions.

A

STAFFING

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9
Q

the process of motivating and
influencing others to work for the common goal of the
organization and achieve organizational objectives for the
mutual benefit of both the organization and its
members.

A

LEADING

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10
Q

It implies measurement of accomplishment
against the standards and correction of deviation if
any to ensure achievement of organizational goals.

A

CONTROLLING

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11
Q

According to _______________“Controlling is
the measurement & correction of performance activities
of subordinates to make sure that the enterprise
objectives and plans desired to obtain them as being accomplished”.

A

Koontz & O’Donell

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12
Q
  1. Establishment of standard performance.
  2. Measurement of actual performance.
  3. Comparison of actual performance with the standards and
    finding out deviation if any.
  4. Corrective action.
A

controlling steps

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13
Q

is considered as the “feedback mechanism” of
the management process.

A

Controlling

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14
Q

This management theory makes use of the step by step, scientific
methods for finding the single best way for doing a job.

A

SCIENTIFIC MANAGEMENT

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15
Q
  1. Management should develop a precise, scientific approach for each
    element of one’s work to replace general guidelines.
  2. Management should scientifically select, train, teach, and develop each
    worker so that the right person has the right job.
  3. Management should cooperate with workers to ensure the jobs match
    plans and principles.
  4. Management should ensure an appropriate division of work and
    responsibility between management and workers.
A

principles of scientific management:

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16
Q

This theory is concerned primarily with how organizations should be
managed
and structured.

A

ADMINISTRATIVE MANAGEMENT THEORY

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17
Q

“Father of the Modern Theory of General and
Industrial Management”

A

Henri Fayol,

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18
Q

Employees should have complementary
skill sets that allow them to specialize in
certain areas.

A

Division of Work

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19
Q

Management needs the authority to give
employees orders. This authority must be
agreed upon.
 Authority creates responsibility.

A

Authority and Responsibility

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20
Q

This gets to the idea of employees listening
to commands and being disciplined in
getting work done. If a manager sets a
deadline, an employee should have the
discipline to meet it.

A

Discipline

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21
Q

Employees should receive orders from only
one superior. Employees answer to their
managers and there aren’t a bunch of
unnecessary people involved with the
process.

A

Unity of Command

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22
Q

Organizational activities must have one
central authority and one plan of action.
 Teams should be striving for common
goals.

A

Unity of Direction

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23
Q

The interest of one employee or group of
employees is subordinate to the interest
and goals of the organization. The team
comes before the individual.

A

Subordination of personal
interest to general interest

24
Q

Salaries should be fair and provide
satisfaction both to the employee and
employer.

A

Remuneration of Personnel

25
Q

The objective of centralization is the best
utilization of personnel. The degree of
centralization varies according to the
dynamics of each organization.

A

Centralization

26
Q

A chain of authority exists from the
highest organizational authority to the
lowest ranks.

A

Scalar Chain

27
Q

This refers mostly to cleanliness and
organization within the workplace. An
office shouldn’t be disgustingly messy.

A

Order

28
Q

a combination of kindliness and
justice.

A

Equity

29
Q

To attain the maximum productivity of
personnel, a stable workforce is needed.

A

Stability of Tenure

30
Q

Thinking out a plan and ensuring its
success is an extremely strong motivator.
Zeal, energy, and initiative are desired at
all levels of the organizational ladder.

A

Initiative

31
Q

a French phrase that
means “group morale”.

 Employee morale matters. This principle
suggests that managers should work to
keep employees engaged and interested.

A

Esprit de Corps

32
Q

FIVE (5) PRINCIPLES OF BUREAUCRACY

A

Division of Labor
Hierarchy and Authority
Formal Rules and Procedures
Impersonality
Meritocracy

33
Q

a researched belief by Elton
Mayo and he believed that people desire to be part of a supportive team that
facilitates development and growth.

A

HUMAN RELATIONS MOTIVATIONAL THEORY OF
MANAGEMENT

34
Q

This theory was proposed in the 1940s by the biologist Ludwig Von
Bertalanffy. The s_______________believes that each business is a
system, much like a living organism, with numerous things going on to keep the
operation rolling along.

A

SYSTEMS THEORY OF MANAGEMENT

35
Q

In the 1960s, social psychologist Douglas McGregor developed two
contrasting theories that explained how managers’ beliefs about what motivates
their people can affect their management style.

A

THEORY OF X AND Y

36
Q

managers create situations where workers become dependent and
reluctant.

A

Theory X

37
Q

manager creates

A

Theory Y

38
Q

It consists of the most general elements that can potentially influence the
strategic

A

Macro Environment

39
Q

of a business includes the factors in the immediate
area of operation affecting its performance and decision-making freedom.

A

Micr-Environment

40
Q

PESTLE

A

political,economic,social,technological,legal and environmental

41
Q

SWOT

A

strengths
weaknesses
opportunities
threats

42
Q

internal factors

A

strengths
weaknesses

43
Q

external factors.

A

opportunities
threats

44
Q

Business with________ can charge excessive prices and cause
an inefficient allocation of resources

A

Monopoly power

45
Q

A business which are publicly owned must try and increase profits for
shareholders which can lead to a short-term perspective.

A

Short-termism

46
Q

S.M.A.R.T.

A

specific, measurable, attainable, relevant, time-bound

47
Q

Goal should be realistically achievable but
should be challenging enough to encourage employees to
work hard and be creative.

A

ATTAINABLE

48
Q

Goals should contribute to the overall purpose of the
organization.

A

Relevant

49
Q

Goals should specify a target date for completion.

A

Time-bound

50
Q

is a futuristic
statement of what the organization wants to become in the long-term.

A

vision

51
Q

describes the fundamental reason for the existence of the
organization – a purpose behind why does what it does and why it would like to
become what it envisions to be in the future

A

mission

52
Q

Look ahead three or more years into the future. The
plan covering a time of more than one year. Middle and top management
mostly undertake these.

A

Long-range plans

53
Q

cover periods of one to two years.

A
  1. Intermediate plans
54
Q

plans that cover one year or less.

A

Short-age plans

55
Q

Our long-range plans that set broad directions for the organization’s
performance.

A

STRATEGIC PLAN

56
Q

is an intermediate-term plan that translates broad strategic goals
included in a strategic plan into specific goals and action steps into a
specific portion or function with the organization.

A

TACTICAL PLAN