Unit 1 - Chapter 1 Flashcards
What are the organistional activities that are undertaken according to Fayol (1917)
- technical
- commercial
- financial
- security
- accounting
- managerial
What is the most common characteristic of managerial work according to Rosemary Stewart
Fragmented in nature. Managers hop between tasks every few minutes. Rarely complete tasks at hand. Managers respond to variety of people and problems.
What are Fayol’s 5 management elements
(POCCC)
Planning - forcasting & planning & anticipating
Organising - putting in place capital, human resources etc to run day to day business
Commanding - directing, putting plan into action, maintaining activity among staff
Coordinating - unifying & harmonising activity & effort
Controlling - monitoring, adjusting, ensuring conformance with rules & instructions
What are the management activities according to Gulick & Urwick?
POSDCORB Planning Organising Staffing Directing Coordinating Reporting Budgeting