Chapter 1 - 4 Flashcards
determining the organizations’ goal or performance objectives, defining strategic actions that must be done to accomplish them, and developing coordination and integration activities.
Planning
Demand assigning task, setting aside funds, and bringing harmonious relations among the individuals and work groups or teams in the organization
Organizing
Indicates filling in the different job positions in the organization’s structure
Staffing
Influencing or motivating subordinates to do their best
Leading/directing
Correcting the performance of the individuals or work groups or teams
Controlling
Functions needed in order to accomplish the management process of coordinating and overseeing the work performance of individuals
Management Functions
Who is the father of scientific management
Frederick W. Taylor
Engaged in management activities such as supervising, sustaining, upholding, and assuring responsibilities for the work
Manager
The various roles played by managers
Managerial roles
General or strategic managers
Top level managers
What Managerial levels that have authority over all other human ?
Top level manager
Their traditional role is to act as go-between higher and lower levels of the organization
Middle level managers
Give me an example of lower level managers
Frontline
Responsible for dealing with operating personnel. It requires high level of interpersonal and technical skills
Lower level managers
They are the bridge between management and nonmanagement employees
Frontline or lower level managers
Possesses good leadership qualities or a combination of good moral character, strong professional will
Leader
Capable of maintaining unity of action in the organization
Liasion
Who has nominal leadership but without real power
Figurehead
Speaks in the name and behalf of another
Spokesperson
Give me the three types of interpersonal
•leader
•liaison
•figurehead
Give me the three types of informational
•spokesperson
•monitor
•disseminator
Give me the four types of decisional or decision-making
•disturbance handler
•resource allocator
•negotiator
•entrepreneur
Think of possible solutions to complex problems
Conceptual skills
Skills that enable manager in all level to relate well with people. Communicating, leading, inspiring, and motivating them
Human skills
Dealing with the people, both in the organization’s internal and external environment
Human skills
Perform their task with proficiency with the user their expertise
Technical skills
Seeking for and sorting through data about the environment
Environment scanning
Refers to the factor/element outside the organization
External business environment
Refers to the factors/elements within the organization
Internal business environment
A period above normal general proce increases
Inflation
Total amount that a borrower must pay annually to the lender
Interest rates
The consumer change in preference of good and services offered
Changing option
Consumer’s changing ways of spending their money on goods and services
People’s spending habits
Costumers’ changing values and preferences
Sociocultural situations
Refers to national or local laws, international laws, and rules and regulations that influence organizational management
Politico-legal situation
Companies involve the use of varied types of electronic gadgets
Technological situations
Increasing number of global competitors and markets
World and Ecological situations
Affected by the activities of the organization
Stakeholders
Patronize the organization’s products and services
Costumers
They are the one who ensure the organization’s continous flow of needed and reasonably priced input or materials
Supplier
A special-interest groups that try to exert influence on the organization’s decisions or actions
Pressure groups
Provide the company with the financial support it needs
Investors or owners
Those who work for another or for an employer in exchange of salaries or wages
Employees
Adapting to environmental uncertainties must start with developing a ____________
Competitive mindset
An individual’s ability to favorably receive and adjust to an unfamiliar way of doing things
Cultural intelligence
Refers to cultures where in people tend to do one thing at a time.
Monochronic cultures
More flexible as regards time
Polychronic cultures
Society accepts or rejects the unequal distribution of power among people in organization and the institution of society
Power distance
Total domestic and foreign output claimed by the residents of a country
Gross national product (GNP)
Total final output of goods and services produced by the country’s economy
Gross domestic product (GDP)
Rate at which central banks will exchange the country’s currency for another
Currency exchange product
Society is uncomfortable with risk, change,and situational uncertainty
Uncertainty avoidance
Society emphasizes individual accomplishments versus collective accomplishments
Individualism - collectivisim
Society values assertiveness and feelings of material success versus concern for relationships
Masculinity - femininity
Society emphasizes short-term thinking versus greater concern for the future or long - term thinking
Time orientation
Ensures that the present needs of a particular generation are fully met without endangering the ability of future generation to also fully meet their own needs
Sustainable economic
Process which includes not only economic growth or the increase in the given amount of goods and services produced by the country’s economy
Economic develop
The distinct stages involved In the total process of economic development in a particular country
Economic development phases