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principles of Management midterm 1 > midterm 1 > Flashcards

midterm 1 Flashcards

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1
Q

political/legal dimension

A

education, healthcare, minimum wage

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2
Q

scaling

A

whats been learned

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3
Q

importing/exporting process of globalization

A

lowest risk

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4
Q

strategic alliances process of globalization

A

3 on the scale so higher risk

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5
Q

6 cultural dimensions

A

social orientation, power orientation, uncertainty orientation, goal orientation, pragmatism time orientation, indulgence orientation

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6
Q

Goal Orientation masculine

A

value material possessions, driven by competition and success

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7
Q

Interpersonal Roles explain

A

how a manager interacts between 2 goups

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8
Q

informational roles explain

A

how a manager exchanges and process information to higher management so things can adapt and change to get better

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9
Q

Decisional Roles explain

A

making new ideas so a business doesn’t platue

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10
Q

technical skills

A

the ability to apply expertise and perform a special task with proficiency

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11
Q

interpersonal skills (human)

A

the ability to work well in cooperation with other persons: emotional intelligence

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12
Q

conceptual skills

A

the ability to think analytically and achieve integrative problem solving

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13
Q

emotional intelligence

A

the ability to manage ourselves and our relationships effectively

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14
Q

Ethics

A

an individuals personal beliefs/moral principles about whether a behavior, action, or decision is right or wrong

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15
Q

terminal values

A

goals we want to achieve in our lifetime

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16
Q

instrumental values

A

things that help us get to our terminal values

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17
Q

amoral

A

unethical because they don’t know that they did something wrong

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18
Q

Business influences the government through

A

-personal contacts and networks
-lobbying
-political action committees
-favors and other influence tactics

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19
Q

general environment

A

what is happening outside our company that we don’t have a part of

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20
Q

suppliers

A

who we get our raw materials from

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21
Q

partners

A

rebauk is under nike

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22
Q

political conditions of a social environment

A

government stability, international trade incentive, international trade controls, economic communities

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23
Q

quota

A

limit of the number of goods that can be traded

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24
Q

4 functions of management

A

planning, organizing, leading, controlling

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25
efficiently
quickly and accurately
26
effectively
getting the job done right and well
27
top management people
C-suite
28
middle management people
district managers and deans
29
first line management
team leads, director, department head
30
Interpersonal Roles
figurehead, leader, liaison
31
Informational Roles
monitor, disseminator, spokesperson
32
Decisional Roles
entrepreneur, disturbance handler, resource allocator, negotiator
33
Robert Kratz- 3 essential skills
technical, interpersonal, conceptual
34
Utilitarian view of ethics
greatest good to the greatest number of people
35
Individualism view of ethics
if we all do the right thing we are all better off
36
Moral-rights view of ethics
respect and protect the fundamental rights of the people
37
Justice view of ethics
we have a right and responsibly to treat people impartially and fairly
38
immoral
hides something even thought they know it is wrong
39
moral
tells someone about an accident to make it right
40
organization culture
reward system, protect whistleblower
41
CSR
corporate social responsibility
42
areas of CSR
customers who use the product, employees and their jobs, investors with funds at risk, the physical environment, the general social welfare
43
socioeconomic view
the view that management's social responsibility goes beyond making profits to include protecting and improving society's welfare
44
Classical View
the view that management's only social responsibility is to maximize profits
45
shared view
businesses should be both for and against social responsibility
46
obstructionist social responsibly
lying about things because they are so caught up in making a profit
47
defensive social responsibility
doing what is minimally required ethically and legally
48
accommodative social responsibility
trying to do what is right because they care about their social image
49
proactive social responsibility
thinking forward to what impact the company has on the environment
50
the government influences business by
environmental protection, consumer protection, employees protection, security protection, tax codes
51
pacts
don't have a limit
52
lobby
has a certain cap you cannot donate over
53
economic dimension
the overall health of the economy
54
international dimension
every business has a greater chance to be international because our world is more global
55
technological dimension
most of us are never getting away from work
56
socio-culture dimension
demographics and norms of society
57
Task Environment
who we interact with in the market
58
customers
who buys our product
59
regulators
government with taxes and laws
60
boundary spanners
employees that go outside their boundaries to do their job, sales person
61
environment scanner
hire someone to keep up with major developments with natural resources
62
information systems
find a way to create tech to serve the customer better and give them better products
63
givodan
natural flavors producer
64
product innovation
coming up with new or improved products
65
process innovation
better way of doing things or more efficiently
66
business innovation
new way to make something
67
social innovation
main goal to help people
68
Gary Hamel's Innovation Process
imaging, designing, experimenting, assessing, scaling
69
Imaging
how can we get more out of something
70
designing
Building first models and prototypes
71
experimenting
practical and financial value
72
assessing
can we even make this happen
73
reverse innovation
going back to a simpler innovation or way of doing something
74
disruptive innovation
buying things without the third party
75
sustainable innovation/ green innovation
innovation that focuses on being green
76
globalization
the world wide global competition
77
economic conditions of a social environment
resource allocation, property ownership, natural resources, infrastructure
78
cultural conditions of a social environment
the way things are done differently by countries
79
tight cultures
you know the rules and do not stand out
80
loose cultures
being an individual instead of a group
81
high context
group or team is valued higher than oneself
82
low context
nothing is implied
83
Infrastructure
schools, hospitals, roads
84
Tarriff
tax collected on exported goods
85
licensing process of globalization
2 on the scale so still low risk
86
direct investment process of globalization
4 so high risk
87
green field investment
starting the business from ground 0
88
brown field
buying an existing company
89
Social Orientation
individualism vs collectivism
90
Uncertainty Orientation
hierarchy is honored
91
Goal Orientation feminine
value quality of life, non material angles of success, sweden and denmark
92
long term time orientation
they don't need anything immediately, pragmatic, ordered
93
short term time orientation
respect for tradition, saving face, we want it now, US
94
indulgence
society based on gratification, US
95
resistance
very strong controlled, suppressive gratification, North Korea

principles of Management midterm 1 (1 decks)

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