M2 Flashcards
(102 cards)
Major policies are made only by ___
the top management
It is the process of thinking about and
organizing the activities required to achieve
a desired goal.
Planning
FORETHOUGHT
Planning
It represents the purposeful efforts taken
by an organization to maximize its future
success.
Planning
It involve more than just managers at high
levels, but it also involve front line
employees
Planning
Time and resources are invested in this stage for better outcome
Planning
8 Steps in planning process
Define or orient the planning process to a singular
purpose or a desired result
2. Assess the current situation.
3. Establish goals.
4. Identify strategies to reach those goals.
5. Establish objectives that support progress toward those
goals.
6. Define responsibiliti and timiliness for each objective
7. Write and communicate the plan.
8. Monitor progress toward meeting goals and objectives.
French Industrialist
Henry Frayol
The first to issue a complete statement on
a theory of general management
Henry frayol
His greatest contribution was the
discussion of management principles and
elements.
Henry Frayol
He provided the “14 Principles of
Management
Henry frayol
Assignment of specialized jobs
to various departments and/or
positions
Division of work
The best
way to use the human resources
of the organization
Work specialization
Work specialization is under
Division of work
The specific and limited number of subordinates that a manager
can effectively handle and control
Span of control
Range of control
Span of control
there are only so many
employees a manager can effectively supervise.
Principle of span of control
Managers must be able to give
orders.
Parity of Authority &
Responsibility
Authority gives them this right to give orders.
Parity of Authority &
Responsibility
Responsibility arises wherever
authority is exercised.
Parity of Authority &
Responsibility
____ arises whenever ____ is excercise
Responsibility, Authority
Every employee should
receive orders from only one
superior.
Unity of command
There should be one boss and
one plan for a group of activities
having the same objective.
Unity of direction
In any organizational structure,
ultimate authority rests at the top
and flows downward.
Scalar chain