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53 Cards in this Set
- Front
- Back
a process designed to reach an organization's goals by using its resources effectively and efficiently in a changing environment |
Management |
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Accomplishing objectives with as minimum amount of resources as possible |
Efficiently |
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Having the intended result |
Effectively |
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People who control the use of the organization's resources and are concerned with planning, organizing, staffing, directing, controlling the organization's activities so as to reach the company's objectives |
Managers |
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People, raw material and equipment, and information |
Resources |
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Every organization must attain _________ to pursue its objectives and plan their use to manufacture a good or service |
Resources |
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The process of assessing an organization's goals and deciding how to go about doing them, which creates the ground work for other managerial activities. |
Planning |
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The first function of management |
Planning |
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A declaration of a company's fundamental purpose and foundation philosophy |
Mission |
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The result that a firm with to achieve |
Goals |
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The results desired by an organization, derived from the organizations mission |
Objectives |
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long-range goal and overall strategy by which a firm completes its mission. |
Strategic Plan |
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Short-range plans that are created to implement the activities and objectives within the strategic plan |
Tactical Plan |
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Very short-term plan that direct and coordinate what action individuals, work groups or department need to accomplish in order to achieve the tactical plan, and ultimately, the strategic plan |
Operational Plans |
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Element in planning that deals with potential disasters |
Crisis Management/ Contingency Planning |
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the structuring of resources and activities to accomplish goals in an effective and efficient manner |
Organizing |
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Hiring people to carry out the work of an organization |
Staffing |
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eliminate a significant number of employees to reduce cost and become more profitable |
downsize |
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Motivating and leading employees what to achieve a company's objectives |
Directing |
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the process of assessing and fixing an organizations activity to keep the organization on course |
Controlling |
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Managers that spend most of their time planning and making strategic decisions; they also have the top salaries and many years of experience |
Top Managers |
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organization members concerned with tactical planning and implement the guidelines established by top management |
Middle Managers |
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those who supervise workers and daily operations |
First-Line Managers |
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Managers that focus on gaining financial resources needed for successful operation |
Financial Managers |
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Managers that develop activities involved in transforming resources into goods, services, and ideas |
Production and Operations Managers |
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Those who handle staffing fuctions and deal with |
Human resource managers |
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Those who are responsible for planning, pricing, and promoting products |
Marketing Managers |
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Those who are responsible for implement, attaining, and controlling technology application in business, such as a website
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Information Technology Management |
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those who manage an entire business or a major segment of a business; they are are not specialist but coordinate specialized managers (also known as general managers) |
Administrative Managers |
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the ability to motivate employees to work towards organizational goals |
Leadership |
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makes all decisions and tell employees what must be done and how |
Autocratic Leaders |
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Involve employees in their decision |
Democratic leaders |
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Lets their employees work without much interference |
Free-rein leaders |
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the specialized knowledge and training required to perform jobs that are related to particular areas of management |
Technical expertise |
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the ability to think in abstract terms, and to see how parts fit together to form a whole |
Conceptual Skills |
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the ability to identify relevant issues, recognize their importance, understand the relationship between them, and perceive the underlying cause of a situation |
Analytical Skills |
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Needed by first-line managers and is least critical to top-level managers |
Technical Expertise |
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Needed by all managers but particularly top-level managers |
Conceptual skills |
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2nd skill most important to top level managers |
Analytical Skills |
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the ability to deal with people, both inside and outside the organization
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Human Relations Skills |
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Those who can __________ and communicate well with others are generally more successful managers |
Sympathize |
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Promotion from inside may limit __________ |
Innovation |
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The first step in decision making is ___________ and defining the situation |
Recognizing |
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Once a situation has been recognized and defined, the next step is to _______ and list possible actions and alternatives |
develop |
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something that contains both specific and vague items, covering short-term and long-term goals |
Agenda |
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building relationships and sharing info with colleagues who can help them achieve the items on their agendas |
Networking |
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President, Ceo, Vice, President, Executive |
Top Management |
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Plant managers, division managers, department managers |
Middle Management |
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Foremen, Supervisors, Office Managers |
Front-line Management |
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From least to greatest importance: Controlling, Directing, Staffing, Organizing, Planning |
Top Managers |
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From least to greatest importance: Controlling Directing, Both staffing and planning, organizing |
Middle Managers |
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From least to greatest importance: Planning, Organizing, Staffing, Directing, Controlling |
First-Line Managers |
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Compared to sexual harassment, bullying has little _____ _______ |
Legal Recourse |