CHAPTER 3 Flashcards

(19 cards)

1
Q

Management structure

A

Used to describe the ways in which the management, employees and resources or an organisation are formally arranged to achieve

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2
Q

Management hierarchy

A

The arrangement that provides increasing authority at higher levels of the hierarchy

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3
Q

Chain of command

A

A system that determines responsibility, supervision and accountability or members of the organisation

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4
Q

Unity of command

A

The principle that states that each employee within an organisation should only report to one supervisor

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5
Q

Span of control

A

Refers to the number of people for whom a manager is directly responsible

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6
Q

Functional structure

A

Involves grouping employees together according to the tasks or jobs they will perform

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7
Q

Divisional structure

A

Involves grouping employees together according to divisions that may be geographical, customer, product or process focused

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8
Q

Matrix Structure

A

Involves bringing together specialists from different parts of the organisation to solve specific problems or to undertake specific projects in teams

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9
Q

Corporate culture

A

Refers to the values, ideas, expectations and beliefs shared by members of the organisation

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10
Q

Planning

A

Is the process of setting objectives and deciding on methods to achieve them

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11
Q

Strategic planning

A

Is long term planning, usually over 2 to 5 years

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12
Q

Tactical Planning

A

Is medium term planning, usually over 1 to 2 years, which assists in implementing the strategic plan

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13
Q

Operational Planning

A

Is short term planning, usually over a day to day or weekly basis. Provides specific details about the way in which the organisation will operate in the short term

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14
Q

SWOT Analysis

A

Involves the identification and analysis of the internal strengths and weaknesses of the organisation and external opportunities and threats

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15
Q

Organising

A

The process of arranging resources and tasks to achieve objectives

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16
Q

Leading

A

The process of influencing or motivating people to work towards the achievement of the organisation’s objectives

17
Q

Controlling

A

The process of evaluating performance and taking corrective action to ensure the the set objectives are being achieved

18
Q

Policy

A

A set of broad guidelines to be followed by all employees when dealing with important areas of decision making

19
Q

Procedure

A

A series of actions enabling a policy to be put into practice