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89 Cards in this Set

  • Front
  • Back
management skills
include (1) technical skills, (2) people skills, (3) communication skills, (4) conceptual skills, and (5) decision-making skils
technical skills
the ability to use methods and techniques to perform a task
communication skills
the ability to get your ideas across clearly and effictivly
conceptual skills
the ability to understand abstract ideas
decision-making skills
the ability to select alternatives to solve problems
management functions
the activities all manager perform, such as planning, organizing, leading, and controlling
planning
the process of setting objectives and determining in advance exactly how the objectives will be met
organizing
the process of delegating and coordinating tasks and resources to achieve objectives
leading
the process of influencing employees to work toward achieving objectives
controlling
the process of establishing and implementing mechanisms to ensure that objectives are achieved
management roles
the roles managers undertake to accomplish the management function, including interpersonal, informational, and decisional
levels of management
top, middle, and firstline
types of managers
general, functional, and project
internal enrionment
factors that affect an organizations performance from within its boundries
systems process
the method used to transform inputs into outputs
structure
the way in which an organization groups its resources to accomplish its mission
quality
comparing actual use to requirements to determine value
customer value
the purchasing benefits used by customers to determine whether to buy a product
total quality management (TQM)
the process by which everyone in the organization focuses on the customer to continually improve product value
external envirnment
the factors that affect an organizations performance from outside its boundries
international business
a business primarily based in one country that transacts business in other countries
multinational corporation (MNC)
a business with significant operations in more than one country
global sourcing
the use of worldwide resources for inputs and transformation
joint venture
created when firms share ownership (partnership) of a new enterprise
direct investment
occurs when a company builds or purchases operating facilities (subsidiaries) in a foreign country
stakeholders' approach to ethics
creating a win-win situation for all stakeholders so that everyone benefits from the decision
social responsibility
the conscious effort to operate in a manner that creates a win-win situation for all stakeholders
reengineering
the radical redesign of work to combine fragmented tasks into streamlined processes that save time and money
reflexive decision
making snap decisions without taking time to get all the information needed and without considering alternatives
reflective decision
taking plenty of time to decide, gathering considerable information, and analyzing numerous alternatives
consistent decision style
taking time but not wasting time known when more information is needed and when enough analysis has been done
programmed decisions
with recurring or routine situations, the decision maker should use decision rules or organizational policies and procedures to make the decision
non-programmed decisions
with significant and non-recurring and non-routine decisions, the decision maker should use the decision-making model
decision-making conditions
certainty, risk, and uncertainty
creative process
the three stages are (1) preparation, (2) incubation and illuminations, and (3) evaluation
devil's advocate
group members defend the idea while others try to come up with reasons that the idea would not work
synectics
the process of generating novel alternatives through role-playing and fantasizing
nominal grouping
the process of generating and evaluating alternatives using a structures voting method
consensus mapping
the process of developing group agreement on a solution to a problem
strategic planning
the process of developing a mission and long-term objectives and determining how they will be accomplished
operational planning
the process of setting short-term objectives and determining in advance how they will be accomplished
three levels of strategies
corporate, business, and functional
corporate-level strategy
the plan for managing multiple lines of business
business-level strategy
the plan for managing one line of the business
functional-level strategy
the plan for managing area of the business
situation analysis
draws out those features in a company's environment that most directly frame its strategic window of options and oppotunities
competitive advantage
specifies how the organization offers unique customer value
management by objectives (MBO)
the process by which managers and their teams jointly set objectives, periodically evaluate performance, and reward according to the results
grand strategies
the corporate strategies for growth, stability, turnaround, and retrenchment, or a combination thereof
corporate growth strategies
concentrations, backward and forward integration, and related and unrelated diversification
business portfolio analysis
the corporate process of determining which lines of business the corporation will be in and how it will allocate resources among them
adaptive strategies
prospecting, defending, and analyzing
operational strategies
strategies used by every functional-level department to achieve corporate- and business-level objectives
span of management
the number of employees reporting to a manager
levels of authority
inform, recommend, report, and full
line authority
the responsibility to make decisions and issue orders down the chain of command
staff authority
the responsibility to advice and assist other personnel
centralized authority
important decisions are made by top managers
decentralized authority
important decisions are made by middle- and first-level managers
job design
the process of combining tasks that each employee is responsible for completing
job enrichment
the process of building motivators into a job by making it more interesting and challenging
job characteristics model
compromises core job dimensions, critical psychological states, and employee growth-need strength to improve quality of working life for employees and productivity for the organization
delegation model
the steps are (1) explain the need for delegation and the reasons for selecting the person, (2) set objective that define responsibility, the level of authority, and the deadline, (3) develop a plan, and (4) establish control checkpoints and hold employees accountable
variables of change
strategy, structure, technology, and people
management information systems (MISS)
formal systems for collecting, processing, and disseminating information that aids managers in decision making
stages in the change process
denial, resistance, exploration, and commitment
organizational sculture
the shared values, beliefs, and standards for acceptable behavior
components of culture
behavior, values and beliefs, and assumptions
core values of TQM
a company-wide focus on (1) delivering customer value and (2) continuously improving the system and it processes
learning organization
an organization that learns, adopts, and changes as its environment changes to continuously increase customer value
organizational development (OD)
the ongoing planned change process that organizations use to improve performance
OD interventions
specific actions taken to implement specific changes
force-field analysis
assesses current performance and then identifies the forces hindering change and those driving it
survey feedback
an OD technique that uses a questionnaire to gather data to use as the basis for change
process consultation
an OD intervention designed to improve team dynamics
human resources management
planning, attracting, developing and retaining employees
bona fide occupational qualification (BFOQ)
allows discrimination where it is reasonably necessary to normal operation of a particular organization
strategic human resources planning
the process of staffing an organization to meet the objectives
job description
identifies the tasks and responsibilities of a position
job specifications
qualifications needed to staff a position
selection
the process of choosing the most qualified applicant recruited for a job
assessment centers
places where job applicants undergo a series of tests, interviews, and simulated experiences to determine their managerial potential
vestibule training
develops skills in a simulated setting
performance appraisal
the ongoing process of evaluating employee performance
compensation
the total cost of pay and benefits to employees
job evaluation
the process of determining the worth of each job relative to other job in the organization
comparable worth
jobs that are distinctly different but that require similar levels of ability, responsibility, skills, and working conditions are valued equally and paid equally
labor relations
interactions between management and ununionized employees
reserve clause
allowed teams to automatically resign their players at the end of the season