chapter 2 Flashcards

1
Q

What is management

A

The use of tools to achieve the goals of the organization

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2
Q

What is a leader

A

Someone with the ability to organize influence and motivate within a team or organization to achieve agreed objectives

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3
Q

What are Good managers

A

Help to make employees more productive

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4
Q

What are Bad managers

A

Makes employees unlikely to meet its aims land objectives

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5
Q

What are organization and coordination

A

People’s and activities in order to achieve agreed aims and objectives

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6
Q

Examples of mangers

A

Directors,team leaders, supervisors,heads of departments m, head chief

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7
Q

Business management

A

A set task that help organizations to make the best use of their financial, human natural and human Mode resources

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8
Q

What are the Functions of management

A

Planning, motivating, communicating, staffing, delegating, coordinating, controlling, directing and

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9
Q

What is planning

A

Establish short term and long term goals and on formed from the leaders vision

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10
Q

What is S.M.A.R.T

A

S-specific
M-measurable
A-attainable
R-relevant
T-time passed

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11
Q

What is the Meaning of Specific

A

Must be specific and clear answer the six W’s

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12
Q

What is the Meaning of Measurable

A

Setting out clear quantifiable criteria for measuring the progress aid each goal

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13
Q

What is the meaning of Attainable

A

Goals should be possible the given period

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14
Q

What is meant by Relevant

A

Goals should be relevant they should be realistic

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15
Q

What is meant by Time based

A

What is expected during a specific period

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16
Q

What is Organizing

A

Ensure that all the necessary resources of factors of production are available they are effectively combined to achieve goals of the company

17
Q

What is Directing

A

Assigning task to employees ensuring that these are clear and achievable and in line with the overall goals

18
Q

What is Controlling

A

The performance of employees needs to be monitored against the standards of performance that have been set

19
Q

What is Coordinating

A

All the factors and department of the business function must work together to reach the overall organizational goal

20
Q

What is Delegating

A

Sharing work loads from middle and junior management mangers supervisors and floor employees

21
Q

What is Motivating

A

Creation of an enthusiastic about their job

22
Q

What do leaders do

A

Maximizes efficiency and achieve organizational goals

23
Q

What are the different leadership styles

A

Democratic or Autocratic

24
Q

What is a Democratic leader

A

When it is important to consult employers about important decisions that may affect their jobs and working conditions

25
What is Autocratic
No time to consult with others and decisions are made quick
26
What are Autocratic advantages
1. Decisions made quick, 2. There is a clear chain of command, 3. New employees can be provided with clear directions
27
What are Autocratic disadvantage
1.Employees may lack a sense of belonging, 2. Employees may become resentful towards the manager, 3. Worker creating and innovating may be stifled
28
What are some Democratic advantage
Employees will feel a greater sense of belonging, Teamwork is encouraged, Worker creativity
29
What are some Democratic Disadvantage
Decision making process is slow, Employees personal preference may influence their decision making
30
What is a laizer affair leader
Hands off manager they communicate aims and objectives to employees then leave them to organize for theirselves
31
Advantages of laissez?
Employees feel belonging ,team work is encouraged, it provides scope for development of worker
32
Disadvantage of laissez?
Decision making process is slow, personal preference in employees may affect efficiency, Workers make decisions based on their preference
33
What is a Charismatic leader
The leader has strong personality or charisma,inspiring others to follow them
34
Advantages of charismatic leaders?
Employee developed loyalty to the leader
35
Disadvantages of charismatic leaders?
The leaders strong person may influence employees to commit illegal activities or breach operating guidelines
36
Responsibility of management?
Owners or shareholders: maximize profit, provide await financial reports, manage resources of firm efficiency
37
Responsibility of Employees
Pay fair salaries, ensure safe and healthy working conditions, treat staff fairl and with respect
38
Responsibility of Government
Pay all taxes due, comply with government regulations
39
Responsibility of Customers
Provide goods after sale support, process customers complaints in a timely order, comply with consumer protection laws