Shared Flashcard Set

Details

Midterm 2 Chapter 9
N/A
40
Business
Undergraduate 1
03/02/2015

Additional Business Flashcards

 


 

Cards

Term
efficiency
Definition
using the least amount of resources to accomplish the organization's goals
Term
effectiveness
Definition
the ability to produce the desired results or goods
Term
leadership
Definition
the relationship between a leader and the followers who want real changes, resulting in outcomes that reflect their shared purposes
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
strategic planning
Definition
the process of creating long-range broad goals for the organization and determining what resources will be needed to accomplish those goals
Term
mission
Definition
an organization's purpose and reason for existing; its long term goals
Term
mission statement
Definition
a clear, concise articulation of how the company intends to achieve its vision-how its different from its competition and the keys to its success
Term
tactical planning
Definition
the process of beginning to implement a strategic plan by addressing issues of coordination and allocation of resources to different parts of the organization
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 plans
Term
contingency plans
Definition
plans that identify alternative courses of action for every unusual crisis situations
Term
organizing
Definition
the process of coordinating and allocating a company's resources to carry out its plans
Term
top management
Definition
the highest level of managers, including CEO's, presidents etc; they develop strategic plans and address long-range issues
Term
middle management
Definition
managers who design and carry out tactical plans in specific areas of the company
Term
supervisory/operational management
Definition
managers who design and carry out operational plans for the ongoing daily activities of the company
Term
leading
Definition
the process of guiding and motivating others towards the achievement of organizational goals
Term
power
Definition
the ability to influence others to behave in a particular way
Term
legitimate power
Definition
power that is derived from an individuals position in an organization
Term
reward power
Definition
power that is derived from an individuals control over rewards
Term
coercive power
Definition
power that is derived from an individual's ability to threaten negative outcomes
Term
referent power
Definition
power that is derived from an individual's personal charisma and the respect and/or admiration the individual inspires
Term
leadership style
Definition
the relatively consistent way in which individuals in leadership positions attempt to influence the behaviour of others
Term
autocratic leaders
Definition
directive leaders who prefer to make decisions and solve problems on their own with little input from subordinates
Term
participative leaders
Definition
leaders that share decision making with group members and encourage discussion of issues and alternatives
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
consensual leaders
Definition
leaders who encourage discussion about issues and then require that all parties involved agree to the final decision
Term
consultative leaders
Definition
leaders who confer with subordinates before making a decision, but retain the final decision-making authority
Term
free-rein
Definition
a leadership style in which the leader turns over all authority and control to subordinates
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
corporate culture
Definition
the set of attitudes, values, and standards of behaviour that distinguishes one organization from another
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 it
Term
information roles
Definition
a manager's activities as an information gatherer, information disseminator, or spokesperson for the company
Term
interpersonal roles
Definition
a manager's activities as a figurehead, company leader, or liaison
Term
decisional roles
Definition
a manager's activities as an entrepreneur, resource allocator, conflict resolver, or negotiator
Term
programmed decisions
Definition
decisions made in response to frequently occurring routine situations
Term
non-programmed decisions
Definition
responses to infrequent, unforeseen, or very unusual problems and opportunities where the manager does not have a precedent to follow in decision making
Term
technical skills
Definition
a managers specialized areas of knowledge and expertise, as well as the ability to apply that knowledge
Term
human relations skills
Definition
a manager's interpersonal skills that are used to accomplish goals through the use of human resources
Term
conceptual skills
Definition
a managers ability to view the organization as a whole, understand how the various parts are interdependent, and assess how the organization relates to its external environment
Term
global management skills
Definition
a manager's ability to operate in diverse cultural environments
Term
expert power
Definition
power that is derived from an individual's extensive knowledge in one or more areas
Supporting users have an ad free experience!