Chapter 1 Flashcards

1
Q

organizations

A

collections of people who work together and coordinate their actions to achieve a wide variety of goals

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2
Q

mangagement

A

the planning, organizing, leading and controlling of human and other resources to achieve organizational goals effectively and efficiently.

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3
Q

managers

A

the people responsible for supervising the use of an organizations resources to meet its goals

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4
Q

resources include

A

people, skills, know-how, machinery, raw materials, computers and IT, and financial capital

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5
Q

organizational performance

A

a measure of how efficiently and effectively managers use organizational resources to satisfy customers and achieve organizational goals

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6
Q

efficiency

A

a measure of how well or productively resources are used to achieve a goal

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7
Q

effectiveness

A

a measure of the appropriateness of the goals an organization is pursuing and the degree to which the organization achieves these goals

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8
Q

low efficiency/high effectiveness

A

manager chooses the right goals to pursue, but does a poor job of using resources to achieve these goals

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9
Q

low efficiency/low effictiveness

A

manager chooses wrong goals to pursue and makes poor use of resources

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10
Q

high efficiency/high effectiveness

A

manager chooses the right goals to pursue and makes good use of resources to achieve these goals

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11
Q

high efficiency/low effectiveness

A

manager chooses inappropriate goals, but makes good use of resources to pursue these goals

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12
Q

low efficiency/high effectiveness result

A

a product that customers want, but that is too expensive for them to buy

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13
Q

low efficiency/low effectiveness result

A

a low-quality product that customers do not want

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14
Q

high efficiency/high effectiveness result

A

a product that customers want at a quality and price that they can afford

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15
Q

high efficiency/low effectiveness result

A

a high-quality product that customers do not want

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16
Q

the more effective and efficient use an organization can make of resources

A

the grater the relative well being of people

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17
Q

four tasks of management

A

planning, leading, organizing, controlling

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18
Q

planning

A

process of identifying and selecting appropriate goals and courses of action

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19
Q

steps in the planning process

A
  1. deciding on which goals to pursue
  2. deciding what strategies to adopt to attain these goals
  3. deciding how to allocate organizational resources
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20
Q

strategy

A

cluster of decisions about what goals to pursue, what actions to take, and how to use resources to achieve goals

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21
Q

organizing

A

structuring working relationships in a way that allows organizational members to work together to achieve organizational goals

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22
Q

organizational structure

A

a formal system of task and reporting relationships that coordinates and motivates organizational members so that they work together to achieve organizational goals

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23
Q

leading

A

articulating a clear vision and energizing and enabling organizational members so they understand the part they play in attaining organizational goals

24
Q

controlling

A

evaluating how well an organization is achieving its goals and taking action to maintain or improve performance

25
control process outcome
the ability to measure performance accurately and regulate efficiency and effectiveness
26
department
a group of people who work together and possess similar skills or use the same knowledge, tools, or techniques to perform their jobs
27
first line managers
responsible for the daily supervision of non-managerial employees
28
middle managers
supervise first-line managers and are responsible for finding the best way to use resources to achieve organizational goals
29
top managers
establish organizational goals, decide how departments should interact, and monitor the performance of middle managers
30
who are managerial roles described by
Henry Mintzberg
31
managerial roles
a role is a set of specific tasks a person performs because of the position they hold
32
3 broad roles
interpersonal, informational, decisional
33
interpersonal roles
roles that managers assume to provide direction and supervision to both employees and the organization as a while
34
figurehead
symbolizing the organizations mission and what it is seeking to achieve
35
leader
training, counseling, and mentoring high employee performance
36
liaison
linking and coordinating the activities of people and group both inside and outside the organization
37
informational roles
roles associated with the tasks needed to obtain and transmit information in the process of managing the organization
38
monitor
analyzing information from both the internal and external environment
39
disseminator
transmitting information to influence the attitudes and behavior of employees
40
spokesperson
using information to positively influence the way people in and out of the organization respond to it
41
decisional roles
roles associated with methods managers use in planning strategy and utilizing resources
42
entrepreneur
deciding which new projects or programs to initiate and to invest resources in
43
disturbance handler
managing an unexpected event or crisis
44
resource allocator
assigning resources between functions and divisions, setting the budgets of lower managers
45
negotiator
reaching agreements between other managers, unions, customers or shareholders
46
three managerial skills
conceptual, human and technical
47
conceptual skills
the ability to analyze and diagnose a situation and distinguish between cause and effect
48
human skills
the ability to understand, alter, lead and control the behavior of other individuals and groups
49
technical skills
the job-specific knowledge and techniques required to perform an organizational role
50
core competency
specific set of skills, abilities and experiences that allows one organization to outperform its competitors
51
restructuring
downsizing an organization by reducing the number of jobs of top, middle, first-line managers and non-managerial employees
52
outsource
contracting with another company, locally or abroad, to have it perform an activity the organization previously performed itself
53
how does outsourcing increase efficiency
because it lowers operating costs, freeing up money and resources that can be used in more effective ways
54
empowerment
expansion of employees' knowledge, tasks, and decision-making responsibilities
55
self-managed team
a group of employees who assume some responsibility for organizing, controlling, and leading their own activities and monitoring the quality of the goods and services they provide
56
global organizations
organizations that operate and compete in more than one country
57
competitive advantage
ability of one organization to outperform other organizations because it produces desired goods or services more efficiently and effectively than they do