Unit 2 Ml&D making : understanding managment leadership and decision making Flashcards
businesses operate in different ways therefore they may require managers to
undertake varying tasks and dutieas
What are the 4 basic functions and managmnet duties
planning
organising
directing
controlling
what is the constant and central element of any managers work
making descisions
What is planning
looking to the fututre
planning is described as the something the other three managmnet functions should be based
foundation
a) planning requires managment to ….
evaluate where the company is currently
against where it would like to be in the future
b) planning allows managers to take descisions so that
the company moves forward in an organised and coherent manner
true or false planning gives managers something against to judge their actions
true
the planning process is described as
continual
why is the planning process described as continual
external factors change allll the time
when planning changes why does a company have to adjust its its course of action
to ensure it achieves its objectives
planning helps mangers reduce the
chance of projects failing in the future
a plan can highlight
problems
what can a plan encourage managers to develop
solutions
a plan helps make sure managers have all the…
resources they need
what is a contingency plan
when a plan is extended to help managers overcome emergencies or crises
What is organisation
when managment assembles resources needed to caryy out actions laid out as part of the planning process
throughout the process of getting organised managers will determine the
internal organisational structure
thorughout the process of getting organised management will establish and
maintain relationships
as well as allocationg resources that are needed
an essential part of organising/effective managment is
acquiring resources
a succesful business will do what
plan carefully and
seek to use a minimum of resources to achieve its objectives (maybe to keep costs low)
through DIRECTING what is management able to do
influence/oversee behaviour of staff in achieving the company’s goals
assisting them by providing the necessary resources
what does directing employees entail
leading employees through motivation and communication
motivation
the willingness to achieve a target or goal
employess that are highly motivated generally perform
better
emplyees that are highly motivated perform better what does this help the business do
achieve its objectives
as highly motivated employees perform better and therefore helps a busines in achieving it’s objectives what do managers focus on
put a lot of focus on motivating their employees
give examples of managers motivating employees
and overall what does this do
financial incentives
granting authority to take descisions
encourages them,improves motivation and performance overall
what is communication
exchange of info between one or more people
effective communication can take on a number of forms give examples of these
praise
clear guidance
whatever form effective communcation takes place it can help to
achieve high levels of productivity
encourages employees use their initiative as well as solve problems
