topic 1: Organisation Flashcards

1
Q

teamwork by people

A

synergy
scale effect

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2
Q

shared goal

A

2 main goals financial profit social profit
see topic 2

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3
Q

continuity of the organisation

A

long term short term decisions
aim for the continuity of the company
respond to needs in todays society

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4
Q

Organisation: extra info

A

Social profit means caring for the environment, giving back to society.
make sure that you are still relevant 10 years in future
new degrees are created to stay relevant with the jobs
on the basis of lack of skills

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5
Q

organisation company enterprise

A

social profit is focus
organisation not necessarily a company or an enterprise
company produces goods or services to sell
corporation owned by shareholders
enterprise focused on risk

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6
Q

how do organisations work

A

transformation process
desired vs undesired output
environment
key concepts

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7
Q

input when starting factory: need

A

human resources
ingredients (comalities)
financial resources
information about business, looking at gaps in market
technology

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8
Q

transformation: output

A

product or service which you can sell
creates results, profit financially and socially

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9
Q

transformation: desired output

A

things you can sell

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10
Q

transformation: undesired output

A

products you cannot sell, bad quality

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11
Q

resources

A

financial, human commodities

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12
Q

efficiency

A

achieving as many goals with very few resources
looking at overspending
how you use resources

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13
Q

effectiveness

A

reaching your goals
a competent manager reaches as many goals as possible with limited input
evaluation of goal reached

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14
Q

A manager is

A

someone who works together with others and with the help of others by coordinating theri tasks with the aim of achieving the companies goals

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15
Q

three levels

A

top managers
middle management
lower operational managers

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16
Q

top managers

A

define the goals of the company on a long term and take decisions that influence the company as whole
- strategical and conceptual skills

17
Q

middle management

A

in between to and lower level, lead and coordinate the work of lower level managers
- tactical and human skills

18
Q

lower operational managers

A

lead and coordinate the work of employees who generate or produce a company’s goods or services
- operational (day to day) and technical skills

19
Q

hierarchy

A

the uninterrupted chain of command that runs from top management to the lower levels and indicates who reports to whom

20
Q

planning

A

formulating objectives and strategies
developing plans to coordinate the necessary activities

21
Q

organising

A

assessing what needs to be done how this should be done and who needs to do this

22
Q

leading

A

steering and motivating all the parties involved, solving conflicts

23
Q

controlling

A

controlling the activities, making sure everything runs according to plan

24
Q

management process

A

all decisions and tasks in which managers are involved while planning, organising, leading and controlling
WITH THE OBJECTIVE OF REACHING COMPANYS GOALS

25
Q

technical skills

A

hands on expertise in a certain domain or specialist field
mastering, being able to work with accounting software
ms office
legal expertise
being able to speak a language write emails in a language conduct interviews in french
conduct market research using spss

26
Q

human skills

A

being a sociable person
being able to coach people
being able to network outside the organisation
being a good teamplayer
having credibility among colleagues managers etc

27
Q

conceptual skills

A

ability to think about abstract and complicated situations
being able to make long term plans
using information to solve business issues
identifying and seizing opportunities to innovate
recognising potential problems implementing solutions anticipation
selecting critical information out of large data amount
ACQUIRED THROUGH EXPERIENCE

28
Q

management roles: three roles

A

informative role
interpersonal role
decision making role

29
Q

interpersonal

A

figurehead
leader
liaison

30
Q

informational roles

A

monitor
disseminator
spokesperson

31
Q

decisional roles

A

entrepreneur
disturbance handler
resource allocator
Negotiator

32
Q

the universality of management

A

small- large
profit or non profit
at any level of the organization top base
in every aspect of the organization marketing finance HR
the reality of your career
rewards and challenges make a list of rewards and challenges a manager encounters

33
Q

10 most relevant skills:

A

the skill to remain calm
the learners mindset, to keep an open mind
the skill of removing ego
the skill of handling overwhelming situations
having knowledge of the entire company
the skill of negotiating and being assertive
being decisive when necessary
using each opportunity to their full advantage and creativity
being a sociable and kind or empathetic person, being a leader
being able to use resources efficiently and effectively