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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

Accomplishing objectives with as minimum amount of resources as possible

Efficiently

Having the intended result

Effectively

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

People, raw material and equipment, and information

Resources

Every organization must attain _________ to pursue its objectives and plan their use to manufacture a good or service

Resources

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

The first function of management

Planning

A declaration of a company's fundamental purpose and foundation philosophy

Mission

The result that a firm with to achieve

Goals

The results desired by an organization, derived from the organizations mission

Objectives

long-range goal and overall strategy by which a firm completes its mission.

Strategic Plan

Short-range plans that are created to implement the activities and objectives within the strategic plan

Tactical Plan

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

Element in planning that deals with potential disasters

Crisis Management/ Contingency Planning

the structuring of resources and activities to accomplish goals in an effective and efficient manner

Organizing

Hiring people to carry out the work of an organization

Staffing

eliminate a significant number of employees to reduce cost and become more profitable

downsize

Motivating and leading employees what to achieve a company's objectives

Directing

the process of assessing and fixing an organizations activity to keep the organization on course

Controlling

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

organization members concerned with tactical planning and implement the guidelines established by top management

Middle Managers

those who supervise workers and daily operations

First-Line Managers

Managers that focus on gaining financial resources needed for successful operation

Financial Managers

Managers that develop activities involved in transforming resources into goods, services, and ideas

Production and Operations Managers

Those who handle staffing fuctions and deal with

Human resource managers

Those who are responsible for planning, pricing, and promoting products

Marketing Managers

Those who are responsible for implement, attaining, and controlling technology application in business, such as a website

Information Technology Management

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

the ability to motivate employees to work towards organizational goals

Leadership

makes all decisions and tell employees what must be done and how

Autocratic Leaders

Involve employees in their decision

Democratic leaders

Lets their employees work without much interference

Free-rein leaders

the specialized knowledge and training required to perform jobs that are related to particular areas of management

Technical expertise

the ability to think in abstract terms, and to see how parts fit together to form a whole

Conceptual Skills

the ability to identify relevant issues, recognize their importance, understand the relationship between them, and perceive the underlying cause of a situation

Analytical Skills

Needed by first-line managers and is least critical to top-level managers

Technical Expertise

Needed by all managers but particularly top-level managers

Conceptual skills

2nd skill most important to top level managers

Analytical Skills

the ability to deal with people, both inside and outside the organization

Human Relations Skills

Those who can __________ and communicate well with others are generally more successful managers

Sympathize

Promotion from inside may limit __________

Innovation

The first step in decision making is ___________ and defining the situation

Recognizing

Once a situation has been recognized and defined, the next step is to _______ and list possible actions and alternatives

develop

something that contains both specific and vague items, covering short-term and long-term goals

Agenda

building relationships and sharing info with colleagues who can help them achieve the items on their agendas

Networking

President, Ceo, Vice, President, Executive

Top Management

Plant managers, division managers, department managers

Middle Management

Foremen, Supervisors, Office Managers

Front-line Management

From least to greatest importance: Controlling, Directing, Staffing, Organizing, Planning

Top Managers

From least to greatest importance: Controlling Directing, Both staffing and planning, organizing

Middle Managers

From least to greatest importance: Planning, Organizing, Staffing, Directing, Controlling

First-Line Managers

Compared to sexual harassment, bullying has little _____ _______

Legal Recourse