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Ch 7: Management and Leadership in Today's Organizations
CH.7 vocab from Gitman's. The Future of Business; 6th Edition
22
Business
11th Grade
11/11/2009

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Cards

Term
Corporate Culture
Definition
The set of attitudes, values, and standards that distinguishes one organization from another.
Term
Empowerment
Definition
The process of giving employees increased autonomy and discretion to make decisions, as well as control over the resources needed to implement those decisions.
Term
Leadership
Definition
The process of guiding and motivating others towards the achievement of organizational goals.
Term
Autocratic Leaders
Definition
Directive leaders, allowing for very little input from subordinates. Prefer to make decisions and solve problems on their own.
Term
Participative Leaders
Definition
A Leadership style in which the leader shares decision making with group members and encourages discussion of issues and alternatives; includes democratic, consensual, and consultative styles.
Term
Democratic Leaders
Definition
Leaders who solicit input from all members of the group and then allow the members to make the final decision through a vote.
Term
Consultative Leaders
Definition
Leaders who confer with subordinates before making a decision, but who retain the final decision-making authority.
Term
Consensual Leaders
Definition
Leaders who encourage the discussion about issues and then require that all parties involved agree to the final decision.
Term
Laissez-Fair Leadership
Definition
A leadership style in which the leader turns over all authority and control to subordinates.
Term
Planning
Definition
The process of deciding what needs to be done to achieve organizational objectives; identifying when and how it will be done; and determining by whom it should be done.
Term
Organizing
Definition
The process of coordinating and allocating a firm's resources in order to carry out its plans.
Term
Controlling
Definition
The process of assessing the organization's progress toward accomplishing its goals; includes monitoring the implementation of a plan and correcting deviations from the plan.
Term
Strategic Planning
Definition
The process of creating long-range (one to five years), broad goals for the organization and determining what resources will be needed to accomplish those goals.
Term
Tactical Planning
Definition
The process of beginning to implement a strategic plan by addressing issues of coordination and allocating resources to different part of the organization; has a shorter time frame (less that one year) and more specific objectives that strategic planning.
Term
Operational Planning
Definition
The process of creating specific standards, methods, policies, and procedures that are used in specific functional areas of the organization; helps guide and control the implementation of tactical planning.
Term
Contingency Planning
Definition
Plans that identify alternative courses of action for very unusual or crisis situations; typically stipulate the chain of command, standard operating procedures, and communication channels the organization will use during an emergency.
Term
Power
Definition
The ability to influence others to behave in a particular way.
Term
Referent Power
Definition
Power that is derived from an individual's personal charisma and the respect and/or admiration the individual inspires.
Term
Coercive Power
Definition
Power that is derived from an individual's ability to threaten negative outcomes.
Term
Reward Power
Definition
Power that is derived from an individual's control over rewards.
Term
Expert Power
Definition
Power that is derived from an individual's knowledge in one or more areas.
Term
Legitimate Power
Definition
Power that is derived from an individual's position in an organization.
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