Maangement 2 – Flashcards

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goal
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Refers to a desired future state that an organization attempts to realize
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Plan
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A blueprint specifying the resource allocations schedules, and other actions necessary for attaining goals
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Mission statement
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A statement that identifies distinguishing characteristics of an organization
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First step in the planning process
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Mission statement
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Strategic goals
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Official goals, broad statements describing the organizations future
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Tactical goals
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Broad statements of where the organization wants to be in the future and pertain to the organization as a whole rather than specific divisions.
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Operational goals
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Specific measurable results that are expected from departments, work groups and individuals
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Characteristics of effective goal setting
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Specific and measurable Defined time period Cover key result areas Challenging but realistic Linked to rewards
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First step in the MBO (Management by objective) Process
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set goals
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Who sets the objectives in MBO
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managers and employees
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Standing plans
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Are ongoing plans that provide guidance for tasks or situations that occur repeatedly within the organizations
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When we use standing plans
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generally pertain to matters such as employee illness, absences, smoking, discipline, hiring, and dismissal
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Stretch goals are
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responsible yet highly ambitious and compelling goals that energize people and inspire excellence
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What is synergy
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Exists when the organization's parts interact to produce a joint effect that is greater than the sum of the parts acting alone
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Value
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Value can be defined as the combination of benefits received and cost paid by a customer
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A corporate level strategy is concerned with what question?
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What business are we in
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Where does the information on opportunities and threats come from
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SWOT analysis
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The BCG matrix organizes businesses along what two dimensions
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Business growth and market share
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Differentiation strategy
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is a strategy with which managers seek to distinguish the organization's products and services from those of other s in the industry
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Cost leadership strategy
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is a strategy with which managers aggressively seek efficient facilities, cut costs, and use tight cost controls to be more efficient than others in the industry
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Focus strategy
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managers use either a differentiation or a cost leadership approach, but they concentrate on specific regional market or buyer group.
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Decision
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a choice made from available alternatives
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Programmed
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is one made in response to a situation that has occurred often enough to enable managers to develop decision rules that can be applied in the future
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Non-Program
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is one made in response to a situation that is unique, is poorly defined and largely unstructured, and has important consequences for the organization
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Ambiguity
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is a condition in which the goals to be achieved or the problem to be solved is unclear, alternatives are difficult to define, and information about outcomes in unavailable
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Certainty
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is a situation in which all the information the decision maker needs is fully available
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Risk
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means that a decision has clear- cut goals and good information is available, but the future outcomes associated with each alternative are subject to chance.
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Uncertainty
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occurs when managers know which goals they want to achieve, but information about alternatives and future events is incomplete
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Wicked decisions
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are associated with conflicts over goals and decision alternatives, rapidly changing circumstances, fuzzy information, unclear links among decision elements and the inability to evaluate whether a proposed solution will work
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Risk propensity
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Which of the following refers to the willingness to undertake risk with the opportunity to increase ones return
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Devils advocate
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The ____ is the individual who is assigned the role of challenging assumption made by the group
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Strategy defines
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what to do
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organizing defines
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how to do it
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Work Specialization
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The degree to which organizational tasks are subdivided into individual jobs. Sometimes called division of labor
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Scalar principle
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refers to a clearly defined line of authority in the organization that includes all employees
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Unity of command
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means that each employee is held accountable to only one supervisor
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Division of labor-
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The degree to which organizational tasks are subdivided into individual jobs. Sometimes called division of labor
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Authority
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is the formal and legitimate right of a manager to make decisions, issue orders, and allocate resources to achieve organizationally desired outcomes.
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Responsibility
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is the duty to perform the task or activity as assigned. Delegation- is the process managers use to transfer authority and responsibility to positions below them in the hierarchy.
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Line authority-
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means that people in management positions have formal authority to direct and control immediate subordinates
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Staff Authority
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is narrower and includes the right to advise, recommend, and counsel in the staff specialists' area of expertise
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Line department
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performs tasks that reflect the organization's primary goal and mission.
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staff department
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include all those that provide specialized skills in support of line departments
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How many people should be in your span of management?
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7 to 10 subordinates per manager
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decentralization
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Change and uncertainty in the environment are usually associated with what kind of organization?
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What happens when you have 2 bosses? What type of organization is that?
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Matrix structure
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What are the advantages of divisional structure
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separate divisions can be organized with responsibility for individual products, services, product groups, major products or programs, divisions, businesses, or profit centers
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Task Force
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is a temporary team or committee formed to solve a specific short- term problem involving several departments
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Project managers have
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authority over the project but not people assigned to it
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What structure works best in an uncertain organizational environments?
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Horizontal structure
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Organizational change
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is defined as the adoption of a new idea or behavior by an organization
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Organizational development
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enhance organizational performance
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Technology change-
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is a change in the organization's production process- how the organization does its work
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Product change
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is a change in the organization's product or service output
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All of the following are characteristics of creative organizations except
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centralization
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Idea Champion-
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A person who sees the need for change and is passionately committed to making it happen
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New venture teams
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- A team separate from the mainstream organization that is responsible for initiating and developing innovations
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Skunk works-
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A separate informal, highly autonomous, and often secretive group that focus on breakthrough ideas.
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What are important roles in the process of organizational change?
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Answer will be all of the above
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The role of who is to prevent people from adopting bad ideas
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critic not devils advocate
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refreezing
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Which is the reinforcement stage of organizational development in which individual's acquire a desired new skill or attitude and are rewarded for it by the organization?
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Changing
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Which of the following is the intervention stage
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unfreezing
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A step in the diagnosis stage
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Force field analysis
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A technique for determining which forces drive a proposed change and which forces retrain it
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What approach to use when you are trying to make changes
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communication and education
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What approach to use when the users have the powers to resist
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participation
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coercion
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What approach to use when a crisis exist
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Human resource management-
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refers to the design and application of formal system to ensure the effective and efficient use of human talent to accomplish organizational goals
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Human capital
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refers to the economic value of the combined knowledge, experience skills, and capabilities of employees
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Discrimination
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means making hiring and promotion decisions based on criteria that are not job relevant
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Definition of equal employment opportunity
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affirmative action
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Family and medical leave act require employers to provide up to how many weeks for childbirth and family emergencies?
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12 weeks
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Which health and safety law require insurance coverage paid by the employee following termination?
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COBRA
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New social contract
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What do the employees now know they must provide Employability; personal responsibility Partner in business improvement Learning, skill development
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Telecommuting-
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means using computers and telecommunications equipment to perform work from home or another remote location
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Matching model
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the organization and the individual attempt to match the needs, interests, and values that they offer each other
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Job analysis
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is the systematic process of gathering and interpreting information about the essential duties, tasks, and responsibilities of a job
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Managers prepare
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job description for each open position, which is a concise summary of the specific tasks and responsibilities of that job
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A definition of a cafeteria plan package-
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Allow employees to select the benefits of greatest value to them
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Interview are widely used
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they are not predictors of job performance
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