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Management Test Ch 1
n/a
32
Management
Undergraduate 3
03/12/2015

Additional Management Flashcards

 


 

Cards

Term
Management
Definition
the process of working with people and resources to accomplish organizational goals
Term
Planning
Definition
specifying the goals to be achieved and deciding in advance the appropiate actions needed to achieve those goals (thinking ahead, creating a map)
Term
organizing
Definition
assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals (getting them to act usefully in an intelligent way)
Term
leading
Definition
stimulating people to be high performers (getting people to act)
Term
controlling
Definition
the management function of monitoring performance and making needed changes (learning and changing)
Term
top-level managers
Definition
senior executives responsible for the overall management and effectiveness of the organization
Term
middle-level managers
Definition
managers located in the middle layers of the organizational hierarchy, reporting to top-level executives
Term
frontline managers
Definition
lower-level managers who supervise the operational activities of the organization
Term
team leaders
Definition
employees who are responsible for facilitating successful team performance
Term
technical skills
Definition
the ability to perform a specialized task involving a praticular method or process
Term
conceptual and decision skills
Definition
skills pertaining to the ability to identify and resolve problems for the benefit of the organization and its members
Term
interpersonal and communication skills
Definition
people skills; the ability to lead, motivate, and communicate effectively with others
Term
emotional intelligence
Definition
the skills of understanding yourself, managing yourself and dealing effectively with others
Term
social capital
Definition
goodwill stemming from your social relationships
Term
knowledge management
Definition
practives aimed at discovering and harnessing an organizations intellectual resources
Term
innovation
Definition
the introduction of new goods and services
Term
quality
Definition
the excellence of your products
Term
service
Definition
the speed and dependability with which an organization delievers what customers want
Term
speed
Definition
fast and timely execution, response, and delivery of results
Term
cost-competiveness
Definition
keeping costs low to achieve profits and to be able to offer prices that are attractive to consumers
Term
What are the four functions of management?
Definition
Planning, Leading, Organizing, Controlling
Term
What are five basic ways to compete?
Definition
Innovation, Quality, Service, Speed and Cost Competitiveness
Term
What is pruetts definition of management
Definition
the process of working with people and resources to accomplish organizational goals effectively and efficiently
Term
Effective means....
Definition
whether you achieve your goals
Term
Efficient means....
Definition
whether you achieve goals with minimal waste of money, time, materials and people
Term
What are four major competitive challenges?
Definition
Globalization, technological change, knowledge management, and collaboration across boundaries
Term
What creates competitive advantages?
Definition
Delivering all basic ways to compete- incorporating innovation, quality, service, speed and cost competitiveness
Term
Who are the top level managers?
Definition
senior executives responsible for the whole organization who strategize, plan and lead
Term
Who are the middle level managers?
Definition
middle of the hierarchy, report to the top who turn goals/plans into specifics
Term
Who are the frontline managers?
Definition
operational managers, supervisors and line managers who implement/carry out plans
Term
Three roles of managers are?
Definition
interpersonal (dealing with people), information (supplying, obtaining, sharing) and decisional (making decisions or managing the decision-making process)
Term
What principles will help your career?
Definition
Emotional intelligence, understanding your strengths and weaknesses, managing yourself (emotions), dealing effectively with others, being a specialist and a generalist, be self reliant and ask for help, think about management with company
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