Chapter 1 Flashcards

(27 cards)

1
Q

What is management

A

Set of activities designed to achieve an organizations objectives by using its resources efficiently and effectively

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2
Q

Using resources in a way that produces a desired result

A

Effectively

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3
Q

Accomplishing the objectives with a minimum resources

A

Efficiently

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4
Q

What are managers

A

Individuals who make decisions about the use of the organizations resources and are concerned with planning organizing leading and controlling the activities to reach its objectives

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5
Q

What are organizations

A

Groups of individuals who work together to achieve the goals that are important to these individuals

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6
Q

What are resources

A

People equipment finances and data used by an organization to reach its objectives

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7
Q

What is a stakeholder

A

A person or group that can affect or is affected by an organizations goals

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8
Q

What is planning

A

Determining what the organization will specifically accomplished and deciding how to accomplish these goals

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9
Q

What is organizing

A

Assigning responsibility to employees for task achievement to collaboratively achieve goals

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10
Q

What is leading

A

Influencing others activities to achieve set goals

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11
Q

What is controlling

A

Monitoring and evaluating and maintaining desired performance

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12
Q

What are informational roles

A

Activities that focus on data important for the decisions the manager needs to make

Examples
Reporting
Preparing data analysis
Emailing

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13
Q

What are interpersonal roles

A

Activities that involve interacting with others who may be external or internal to the organization at a higher or lower level than the manager

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14
Q

What are decisional roles

A

Activities that deal primarily with the allocation of resources to reach organizational goals

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15
Q

What are interpersonal skills

A

Skills such as communication listening conflict resolution and reading that are necessary to work with others

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16
Q

What are technical skills

A

The knowledge and ability to accomplish the specialized activities of the work group

17
Q

What are conceptual skills

A

The intellectual abilities to process information and make accurate decisions about the work group in the job tasks

18
Q

What are upper managers

A

Managers to spend most of the time planning on leaving because they make decisions about the overall performance

19
Q

What are middle managers

A

Managers who receive broad statements of strategy from upper-level managers and develop specific objectives

20
Q

First-line managers

A

Managers concerned with the direct production of items or delivery of service

21
Q

Human resource managers

A

Manager is concerned with developing in caring out systems that are used to make decisions about employees

22
Q

Marketing managers

A

Managers who develop marketing strategies and make decisions about how to implement the strategies

23
Q

What are finance managers

A

Managers to focus on obtaining the money needed for the successful operation of the organization

24
Q

Production and operations managers

A

Managers for schedule and monitor the work process that turns out the goods or services in organization

25
Information technology managers
Managers to implement maintaining control technology applications
26
For profit company
Owned either privately by one or more individuals or publicly by stockholders
27
Nonprofit organizations
Institution such as government social cause organizations and religious groups that cannot retain earnings over expenses