Sac 2 part a Flashcards
(27 cards)
Management hierarchy
Is the arrangement that provides increasing authority at higher levels of hierarchy.
Management structure
Is a term used to describe the ways in which the management, employees and resources of an organisation are formally arranged to achieve objectives.
Chain of command/line authority
Is a system that determines responsibility, supervision and accountability of members of the organisation.
Unity of command
States that each employee within an organisation should report to only one supervisor.
Span of control
Refers to the number of people for whom a manager is directly responsible
Functional structure
Involves grouping employees together according to the tasks or jobs they will perform
Divisional structure
Groups employees together according to divisions that may be geographical, or customer, product or process focused.
Matrix structure
Involves bringing together specialists from different parts of the organisation to solve specific problems or to undertake specific projects in teams.
Corporate culture
Refers to the values, ideas, expectations and beliefs shared by members of the organisation.
Planning
Is the process of setting objectives and deciding on the method to achieve them.
Strategic planning
In long them planning, usually over two to five years.
Tactical planning
Is flexible, adaptive, medium-term planning, usually over one to two years, which assists in implementing the strategic plan.
Operational planning
Provides specific details about the way in which the organisation will operate in the short term.
SWOT analysis
Involves the identification and analysis of the internal strengths and weaknesses of the organisation, and the opportunities in, and threats from, the external environment.
Organising
Is the process of arranging resources and tasks to achieve objectives.
Leading
Is the process of influencing or motivating people to work towards the achievement of the organisations objectives
Policy
Is a set of broad guidelines to be followed by all employees when dealing with important areas of decision making.
Procedure
Is a series of actions enabling a policy to be put into practice, it can also be used to resolve a dispute brought about by a breach of a policy
Centralised control
Decisions come from the top and go down, information flows down
Decentralised control
Refers to flatter organisational structure, where information seems to be shared across levels
Rituals, rites and celebrations
These are the routine behavioural patterns in an organisations everyday life.
Flat organisational structure
New, emerging organisations, flat, more fluid
Ethical management
Refers to the process of abiding by moral standards and doing the ‘right’ thing in the he interest of all stakeholders
Audit
Is an independent check of all accuracy of financial records and accounting procedures