PC1 MOODULE 1-5 Flashcards
Is a group of individuals who are cooperating willingly and effectively for a common goal
ORGANIZATION
is the formal arrangements that are established to coordinate all activities to implement a given strategy Thus, the structure reflects the anatomy of a firm through its focus on mechanisms and processes that link both vertically and horizontally the various parts of an organization.
STRUCTURAL ORGANIZATION
WHAT ARE 5 STRUCTURAL ELEMENTS OF AN ORGANIZATION
Men
Materials
Machine
Methods
Money
WHAT ARE THE 7 PRINCIPLES OF GOOD ORGANIZATION
-Principle of Objective
-Analysis
-Simplicity
-Functionalism
-Departmentalization
-Centralization of Authority & Responsibility
-Limited Span of Control
Any business concern or any individual must adhere to definite purpose or aim. It serves as the guide to future planning and action. It integrates policies, projects and programs. It enables everybody to act consistently according to a common goal
PRINCIPLES OF OBJECTIVE
A sound business judgement attempts to build an organization through full knowledge of requirements of the business
ANALYSIS
The simplest organization that will serve to attain the desired objective is considered the best. All activities which are not absolutely necessary should be eliminated and those retained should be handled in the simplest practical way.
SIMPLICITY
The organization should be built around main functions of the business not around the individuals. It is normal characteristic way of doing a task that stands out distinctively by itself
FUNCTIONALISM
It can be through functions, products, location or by projects of organization
DEPARTAMENTALIZATION
This is necessary in order to have authority and responsibility definitely fixed when there is a unity of command
CENTRAL OF AUTHORITY AND RESPONSIBILITY
The number of subordinates an executive can manage effectively
LIMITED SPAN OF CONTROL
Process of directing and facilitating the work of people
who are organize for a common purpose. It also a Function of getting things done through the efforts of other
Management
Management to be effective must be
SYSTEMATIC
SCIENTIFIC
HUMANISTIC
Things can be done better by means of a plan of action. The plan is step by step outline of what is to be done and does what.
SYSTEMATIC
It has done more to advance and win a status of mankind today than has any other single
factor. By the application of this method to the study and analysis of the operations of the particular job, then have discovered the best known methods of performing operation
SCIENTIFIC