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37 Cards in this Set
- Front
- Back
a group of people who work together to achieve some specific purpose
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organization
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: [1] the pursuit of organizational goals efficiently and effectively by [2] integrating the work of people through [3] planning, organizing, leading, and controlling the organization’s resources.
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management
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using resources [people, money, raw materials and the like] wisely and cost-effectively
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efficiency
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achieving results, to make the right decisions and to successfully carry them out so that they achieve the organization’s goals
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effectiveness
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the ability of an organization to produce goods or services more effectively than competitors do, thereby outperforming them. An organization must stay ahead in [1] being responsive to customers, [2] innovation, [3] quality, and [4] efficiency.
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competitive advantage
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finding ways to deliver new or better goods or services
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Innovation
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the global network of independently operating but interconnected computers, linking hundreds of thousands of smaller networks around the world
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internet
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the buying and selling of goods or services over computer networks
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e-commerce
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using the internet to facilitate every aspect of running a business
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e-business
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text messages and documents transmitted over a computer network
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e-mail
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programs for planning and scheduling the people, costs, and resources to complete a project on time
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project management software
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computerized collections of interrelated files
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databases
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work from home or remote locations using a variety of information technologies
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telecommute
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using video and audio links along with computers to let people in different locations see, hear, and talk with one another
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videoconferencing
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using state-of-the-art computer software and hardware, will help people work better together
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collaborative computing
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the implementing of systems and practices to increase the sharing of knowledge and information throughout an organization
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knowledge management
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economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs
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sustainability
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planning, organizing, leading, and controlling
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four management functions
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setting goals and deciding how to achieve them
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planning
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arranging tasks, people, and other resources to accomplish the work
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organizing
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motivating, directing, and otherwise influencing people to work hard to achieve the organization’s goals
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leading
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monitoring performance, comparing it with goals, and taking corrective action as needed
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controlling
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make long-term decisions about the overall direction of the organization and establish the objectives, policies, and strategies for it
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top managers
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implement the policies and plans of the top managers above them and supervise and coordinate the activities of the first-line managers below them
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middle managers
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make short-term operating decisions, directing daily tasks of nonmanagerial personnel
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first-line managers
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responsible for just one organization activity
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functional manager
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responsible for several organizational activities
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general manager
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figurehead, leader & liaison—managers interact with people inside and outside their work units
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interpersonal role
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monitor, disseminator & spokesperson—managers receive and communicate information
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informational roles
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entrepreneur, disturbance handler, resource allocator & negotiator—managers use information to make decisions to solve problems or take advantage of opportunities
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decisional roles
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the process of taking risks to try to create a new enterprise
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entrepreneurship
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someone who sees opportunity for a product or service and launches a business to try to realize it
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entrepreneur
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someone who works inside an existing organization who sees an opportunity for a product or service and mobilizes the organization’s resources to try to realize it
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intrapreneur
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the belief that you control your own destiny, that external forces will have little influence
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internal locus of control
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consist of the job-specific knowledge needed to perform well in a specialized field
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technical skills
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consist of the ability to think analytically, to visualize an organization as a whole and understand how the parts work together
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conceptual skills
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consist of the ability to work well in cooperation with other people to get things done
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human skills
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