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20 Cards in this Set

  • Front
  • Back
organization
a group of people who work together to achieve some specific purpose
management
pursuit of organizational goals efficiently and effectively by integrating the work of ppl through planning, organizing, leading, and controlling the org's resources
efficiency
the means - use resources wisely, cost-effectively
effective
the ends - achieve results, goals
rewards of practicing mgt
you and your employees can experience a sense of accomplishment

you an stretch your abilities and magnify your range

build a catalog of successful products or services
challenge 1: competitive advantage
ability of an org to produce goods/services more effectively than competitors do (outperforming them)
competitive advantage (4 areas)
being responsive to customers

innovation

quality

efficiency
challenge 2: managing for diversity
diversity and variety in staffing produce organizational strength
challenge 3: managing for globalization
cultural differences
challenge 4: managing for info tech
challenge 4
e-commerce
buying and selling of goods or services over comp networkds
e-business
using the internet to facilitate EVERY aspect of running a business
project mgt software
programs for planning and scheduling the ppl, costs, resources to complete a project on time
databases
computerized collections of interrelated files
telecommute
work from home or remote locations
collaborative computing
state-of-the-art computer software and hardware, will help ppl work better together
knowledge mgt
implementing of systems and practices to increase the sharing of knowledge and info throughout an organization
challenge 5: managing for ethical standards
behavior and decisions
c6: managing for sustainability
sustainability:
economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs
c7: managing your own happiness and life goals
mgt if you like it, don't if you don't like it