Chapter 1 Flashcards
Using resources like people, money, raw materials wisely and cost effectively.
efficient
The means to achieve results, to make the right decisions, and to successfully carry them out so they achieve the organization’s goals.
effective
Your influence on the organization multiplied through multiple people
multiplier effect
An experienced person who provides guidance to someone new coming into the work world
mentor
What managers do: Setting goals and how to a achieve them
Planning
What managers do: Arranging tasks, people, etc to accomplish work
organizing
What managers do: Motivating performance and taking corrective action
controlling
What managers do: motivating and directing to achieve goals
leading
Levels of management: Broad perspective, long-term decisions
top managers
Levels of management: Coordinators
middle managers
Levels of management: Day-to-Day
first-line managers
Levels of management: facilitates activities toward goals
team leaders
Levels of management: producing actual work
non-managerial employees
Responsible for just one organizational activity
functional managers
Responsible for several organizational activities
-Broader, not so much moved up in workforce food chain
general managers