AOS2 B Flashcards
What is a management role?
The roles of management in each function (finance, human resources)
Define planning
The process of establishing an organizations goals and how it intends to achieve them
What are the levels of planning?
Strategic planning
Operational planning
Frontline planning
What is the acronym for stages of planning?
Sodim
What is SWOT analysis?
Strengths
Weaknesses
Opportunities
Threats
Define leading
The process of directing and establishing tasks specific to the success of objectives
What are the sources of leadership?
Legitimate power (voted in an PM) Expert power (knowledge) Reward power (ability to reward employees) Cohesive power (ability to punish) Referent power (liked and respected)
Define controlling
Monitoring all management processes to ensure the success of objectives
Define policy
A formal, written statement of processes and procedures, rules and regulations which embrace the strategic direction of the organization
Different between policy and procedure
A series of steps taken to implement a policy
State the three kinds of pressures with examples
External macro - social responsibility
External operation - trade unions
Internal - employees
True or false
Does organisation allocate human resources?
True
True or false
Does policy make productivity worse?
False
List the 5 management styles
Autocratic Persuasive Consultive Participative Laissez-faire
List a key characteristic of autocratic
Control and Authority is centralized
Importance in achieving goals
Money is main motivator