Organization And Management Flashcards
Group of individuals who are cooperating willingly and effectively for a common goal
Organization
Formal arrangements that are established to coordinate all activities in order to implement a given strategy
Structural organization
Structural elements of an organization
Men Materials Machine Methods Money
Principles of good organization
Principle of objective Analysis Simplicity Functionalism Departmentalization Centralization of authority Limited span of control
Organization of people wit varied skills, which uses capital and talents to produce goods or services
Business
Directing and facilitating the work of people
Management
Includes activities that require restrictive or corrective action
Control
Most difficult and with the highest degree of reponsibility
The manager
Making things happen that would otherwise not occur
Planning
Classifications of plan
Objective of the enterprise Policies Procedures Budget Program
Improving the organization will always improve the performance
Organizing
Guiding and overseeing subordinates
Directing
An executive imaginatively directs, guides or influences the work o others
Leadership
An executive evelops an oderly pattern of group effort among the subordinates
Coordination
Executive gets the performance of his subordinates to correspond as closely as possible to chosen plans, orders, objectives or policies
Control