Test 1 Flashcards
(11 cards)
Organizations to run succesfully take:
Effectively: Using resoureces in a way that produces a desired result
Effeciently: Accomplishing the objectives with a minimum of resources
Rsources: People, equipment, finances, and data used by an organisation to reach its objectives
Three management dimensions
Leadership influences the activities of individuals towards goal
Devision making: choosing among options an action to resolve a problem
Implementation of work tasks: carrying out the work decision
Four functions of management
Planning: goals and deciding how to accoplish goals
Organising: assigning responsibility to achieve goals
Leading: influecing and motivating others to achieve goals
Controlling: monitoring to maintain desired performance
Mimtzberg Ten management roles (1)
Interpersonal
-figurehead
-liason
-leadership
Mimtzberg Ten management roles (2)
Informational
-monitor
-disseminator
-Spokesperson
Mimtzberg Ten management roles (3)
Decisional
- Entreprenuer
- disturbance handler
- Resource allocator
- Negotiator
Managment Theories
The classical approach
The behavioral approach
The sytems approach
The contingency approach
Organizational Environment
General environment: external factors that affect all organizations: tech, economic, political
Task environment: external factors that are specific to an organization: customers, suppliers, competitors
Internal environment: all factors that make up an organisation. Owners, managers, employees, baord of directors
The General Environment factors
Sociocultural
Political legal
Technilogical
Economic
Global dimensions
Ethical considerations
Honesty and transparency
Stakeholder interests
Long-term reputation
Environmental impact
Social responsibility requirments
Step 1: Finacial Viability
Step 2: Legal compliance
Step 3: Ethics, principles, and values
Step 4: coporate Citizenship
