Management: Flashcards

1
Q

Management

A

Process of controlling and moving forward within a purpose or a job.

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2
Q

peter principle

A

the tendency for employees to rise the ranks until they reach their respective degree of incompetence.

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3
Q

Dilbert principle

A

most ineffective workers are placed where they will do the least amount of harm.

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4
Q

4 functions of managers

A

planning, controlling, leading, and organizing

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5
Q

Pareto principle

A

A minority of the population does the majority of the work. 80:20

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6
Q

Adam Smith

A

(1723-1790) The father of capitalism. Wrote the “Wealth of Nations”.

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7
Q

Frederick Taylor

A

Developed Scientific management. from a wealthy family in Philadelphia. Obsessed with efficiency and optimizing.

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8
Q

Henry Grantt

A

Provided rates based on productivity and advocated for bonuses when quotas are exceeded.

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9
Q

Frank and Lillian Gilbreth

A

They worked on increasing efficiency in management and hospitals. later, studies focused on minimizing the stress of the worker.

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10
Q

Hawthorne Effect

A

The need for recognition, security, and a sense of belonging supersede the physical working conditions.

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11
Q

George Elton Mayo

A

Harvard professor of industrial research. studied high turnover rates of textile mill workers. Developed The Foundation for Human Relations Movement.

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12
Q

Theory X

A

tend to take a pessimistic view of their people, and assume that they are naturally unmotivated and dislike work. Work in organizations that are managed like this can be repetitive, and people are often motivated with a “carrot and stick” approach.

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13
Q

Theory Y

A

people are self-motivated and enjoy the challenge of work. Managers with this assumption have a more collaborative relationship with their people and motivate them by allowing them to work on their own initiative, giving them responsibility, and empowering them to make decisions.

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14
Q

Stephen Covey

A

Harvard educator and author. wrote 7 books.

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15
Q

Character ethic

A

characterized by a serious disciplined, humble, and honorable ethic.

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16
Q

personality ethic

A

characterized by image, charm, manipulation, and communication skills.

17
Q

P/PC

A

product / production capability

18
Q

Anne-Marie Slaughter

A

Professor at Princeton. The first director of policy planning. wanted kids but couldn’t have kids and the successful career that she wanted.

19
Q

Leadership

A

exert force over others to inspire, motivate, and direct.

20
Q

Sources of managerial power

A

Expert power, reward power, Reference power, Coervice power, Legitimate power.

21
Q

Transactional leadership

A

rewarding high performance appropriately and reprimanding low performance.

22
Q

Transactional leader

A

Takes a holistic approach to

23
Q

scarcity mentality

A

competitive, difficult time sharing recognition, trouble being happy for other’s success, paranoid.

24
Q

abundance mentality

A

cooperative, high self-esteem, share prestige, share in decision making, character ethic, and transformational type leader.

25
Q

Emotional intelligence

A

traditional intelligence like logic, problem-solving, and analytical skills but the person also has a deep understanding of other people’s desires, wants, and motivation.

26
Q

empathetic listening

A

central to using emotional intelligence-listening. the person seeks first to probe, interpret, advise and ultimately understand our frame of reference.

27
Q

Peter Drucker

A

Austrian-American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. Created “theory of business”.