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30 Cards in this Set
- Front
- Back
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Contingency plans
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aplan designed to take a possible future event or circumstance into account
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Managers skills
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- Good organization. Good time management. Interpersonal andrelationship-building skills. Forward-planning and strategy. Communication.Problem-solving.
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Intrapreneuring-
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a manager within a company who promotes innovative productdevelopment and marketing.ont:mbS
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Self-actualizationneeds
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-develop full potential i
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SocialNeeds-
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feel like you belong In a group
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Earned recognition
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- takes into account compliance history, risk and orindividual steps a business takes to ensure agreement.
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Hygiene factors
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- factors can cause dissatisfaction but changing them haslittle motivation effect. (comp. policy, salary, status
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MBO-
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amanagement model that aims to improve performance of an organization by clearlydefining objectives that are agreed to by both management and employees.
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Job Rotation
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the practice of moving employees between different tasks topromote experience and variety.
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Entrepreneurship
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onewho organizes, manages, and assumes the risks of a business or enterprise.
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Characteristicsof entrepreneurs
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Creativity and Persuasiveness. Versatility. Superb BusinessSkills. Risk Tolerance. Drive. Vision. Flexibility and Open-Mindedness.
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Management functions
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creative problem solving, motivating employees and makingsure the organization accomplishes objectives and goals. 1. Planning 2.organizing3.staffing 4.coordinating 5.controlling.
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Operational planning-
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a detailed plan used to provide a clear picture of how ateam, section or department will contribute to the achievement of the organization’sstrategic goals.
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Venture Capital
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a form of financing that is provided by firms or funds tosmall, early-stage, emerging firms that are deemed to have high growthpotential
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SWOT analysis
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astudy undertaken by an organization to identify its internal strengths andweaknesses, as well as its external opportunities and threats
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Delineating
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toclearly show or describe something
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Hawthorne studies
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provided ways to motivate workers. The effect was thatpeople preform different while being watched
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Esteem needs
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recognition from others at work
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Reinforcement theory-
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positiveand negative. punishment and undesirables
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Corporate Loan
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is a debt-based funding arrangement between a business and afinancial institution, typically used to fund major capital expenditures and orcover operational costs that the company may otherwise be unable to afford.
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Organization chart
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agraphic representation of the structure of an organization, showing therelationships of the positions or jobs within it.
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Restructuring-
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areorganization of a company with a view to achieving greater efficiency andprofit, or to adapt to a changing market
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Physiological needs
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foodwater. Basic needs
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Equity theory-
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- focuses on determining whether the distribution ofresources is fair to both relational partners
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Entrepreneurial personality traits-
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Full of determination. Not afraid to take risks. High levelof confidence. Craves learning. Understands failure is part of the game Passionateabout his or her business.
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Strategic planning-
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making decisions on distributing its resources to chase thisstrategy.fare
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Motivation
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clustered around job environment or job content. Found bysurveying workers. Worker motivation
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Securities investment
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stocks, bonds, mutual funds, etc. (One trick is to think ofa security as an intangible investment. For example, if you buy gold bars,that's not a security
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Maslow
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-people are motivated by series of unmet needs
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Important motivators
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meaningful, callengeing, benifcial, optimistic work. and work to imporve employee live. |
