Management 3302 – Flashcards
Unlock all answers in this set
Unlock answersquestion
Efficiency
answer
Getting work done with minimum effort, expense, or waste
question
Effectiveness
answer
Accomplishing tasks that help fulfil organizational objectives.
question
Four functions
answer
Planning, Organizing, Leading, Controlling
question
Top managers:
answer
Executives responsible for the overall direction of the organization
question
Middle managers responsibility
answer
*Setting objectives consistent with top management's goals *Planning and implementing subunit stragies for achieving the objective
question
Middle Manager examples
answer
Plant manager, regional manager, or divisional manager
question
First Line Manager
answer
Train and supervise the performance of nonmanagerial employees who are responsible for producing a company's goods and services
question
First Line Management responsibilities
answer
Monotoring, teaching, and short-term planning
question
First Line Manager examples:
answer
Office Manager, shift supervisor, or department manager
question
Team leaders
answer
Managers responsible for facilitating team activities toward goal accomplishment
question
Team Leaders assist team members:
answer
Plan and schedule work Learn to solve problems Work effectively with each other
question
Interpersonal Managerial Role: Figurehead
answer
Managers perform ceremonial duties
question
Interpersonal Managerial Role: Leader
answer
Managers motivate and encourage workers to accomplish organizational objectives
question
Interpersonal Managerial Role: Liaison
answer
Managers deal with people outside their units
question
Informational Managerial Roles: Monitor
answer
Managers scan their environment for information
question
Informational Managerial Roles: Disseminator
answer
Managers share the collected information with their subordinates and others in the company
question
Informational Managerial Roles: Spokesperson
answer
Managers share information with people outside their departments or companies
question
Decistional Managerial Roles: Entrepreneur
answer
Managers adapt themselves, their subordinates, and their units to change
question
Decistional Managerial Roles: Disturbance Handler
answer
Managers respond to pressures and problems that demand immediate attention and action
question
Decistional Managerial Roles: Resource Allocator
answer
Managers decide who gets what resources and in what amounts
question
Decistional Managerial Roles: Negotiator
answer
Managers negotiatie schedules, projects, resources, and employee raises
question
Management Technical Skills
answer
Specialized procedures, techniques, and knowledge required to get the job done
question
Management Human Skills
answer
Ability to work well with others
question
Management Conceptual Skills
answer
Ability to: *See the organizational as a whole, understand how the different parts affect each other *Recognize how the company fits into or is affected by its environment
question
Management Motivation to Manage
answer
Assessment of how enthusiastic employees are about managing the work of others
question
One of top ten mistakes made by managers:
answer
1. Insensitive to others:abrasive, intimidating, buyllying style 2. Cold, aloof, arrogant 3. Betray trust 4. Overly ambitious: thinking of next job, playing politics 5. Specific performance problems with the business 6. Overmanaging: unable to delegate or build a team 7. Unable to staff effectively 8. Unable to think strategically 9. Unable to adapt to boss with different style 10. Overdependent on advocate or mentor
question
Employment Security (Competitive Advantage0
answer
Employees can innovate and increase the profitabliity of an organization without the fear of losing their job
question
Selective hiring (Comptetitive Advantage)
answer
Companies need to hire the best talent due to the presence of employment security
question
Self-Managed Teams (Competitive Advantage)
answer
Produce high productivity through increased employee commitment and creativity
question
Decenteralization (Competitive Advantage)
answer
Allows employees closest to the problems, productions, and clients, to make timely decisions
question
High wages are contigent on
answer
Organizational Performance
question
High Wages indicates the organization values its employees.
answer
True
question
High remuneration helps an organization attract talented employees and retain existing employees
answer
True
question
Companies need to invest resources in the training employees to ensure skill development
answer
True
question
Reduction of status differences
answer
Leads to employees concentrating on work related issues rather than biases and prejudices of the management
question
Sharing information:
answer
Helps employees participate in the decision making process
question
Functions of management are:
answer
Planning, organizing, controlling, and leading
question
Kinds of managers are:
answer
Top, middle, first-line, and team leaders
question
Roles played by managers include:
answer
interpersonal, informational, and decisional
question
Skills essential for managers are:
answer
Technical, human, and conceptual skills
question
Companies look for a total of four sets of skills in individuals to identify potential managers. These desired skills are technical skills, human skills, conceptual skills, and motivation to manage.
answer
True
question
A manager striving to improve orgizational ____________ is accomplishing tasks that help fulfill organizational objectives.
answer
effectiveness
question
Top managers are responsible for creating a context for change in the organization.
answer
True
question
Upper-level managers may actually spend more time dealing with people than lower-level managers
answer
True
question
A manager engaged in the management function of __________ is monitoring progress toward goal acheivment and taking corrective action when needed.
answer
Controlling
question
Which type of skills tends to be most important to the success of lower-level managers?
answer
Technical Skills
question
The four classical functions of management are (1) making things happen, (2) meeting the competition, (3) organizing people, projects, and processes, and (4) leading.
answer
False
question
Which skills increase in their importance to success as managers rise through the managerial ranks?
answer
Conceptual skills and the motivation to manage
question
Typical responsibilities for _____________ include setting objectives consistent with organization goals and then planning and implemmenting the subunit strategies for achieving these goals.
answer
middle managers
question
Managers who train and supervise the performance of nonmanagerial employees, and who are directly responsible for producing the company's products or services, are categorized as:
answer
first-line managers
question
Top managers
answer
Hold positions like chief executive officer (CEO), Chief Operating Officer (COO), Chief Financial Officer (CFO), and Chief Information officer (CIO) and are all responsible for the overall direction of the organization.
question
Middle managers
answer
Responsible for setting objectives consistent with top management's goals and for planning and implementing subunit strategies for achieving these objectives.
question
First line managers
answer
Train and supervise the performance of non-managerial employees who are directly responsible for producing the company's products or services.
question
First line managers are the only managers who do not supervise other managers.
answer
True
question
Interpersonal roles subroles:
answer
Figurehead role, leader role, liaison role
question
The figurehead role
answer
Managers perform ceremonial duties like reading company visitors, speaking at the opening of a new facility, or representing the company at a community lunch and to support local charities.