B. Chapter 7 &8

To list all pluses and minuses and implications in different columns is call?

PMI

An organization that maintains the decision making authority at the top level of management?

Centralized

Decentralized disadvantage

Complex distribution system Less efficiency

It is wise to have what time of plan due to economic and competitive environment changes.

Contingency plan

Department managers are needed for?

Control

Fayol's Decree of centralization?

Decision making power vested in top management should vary due to circumstances?

Line managers do what?

Enforce disciple Adjust to changing conditions Issue orders

The 5 steps of control

Establishing standards Monitoring and recording performance Comparing results Communicating results Corrective action

The process to accomplish organizational goals by planning, organizing, leading, and controlling people and other organizational resources is call?

Management

A large organization might use a flat organization structure in order to?

Match the flexibility of small firms.

Fayol's order principle

Material and people should be in their proper location

order

Material and people should be in their proper location.

Structure, also called a project management structure, sets up teams from different departments, thereby creating two or more intersecting lines of authority?

Matrix structure

The theory of social and economic organization?

Max Weber, pyramid shaped organizational structure. Popular in large firms.

The level of management that includes general Manager's, division mangers, and branch and plant managers?

Middle management

Short term statement that details how to achieve the organization goals?

Objective

Focuses on work standards and schedules

Operational

Management function that's designed the structure of an organization and creates conditions in which everyone work together.

Organizing

What function of management designs the structures and systems in which everyone works together to achieve the organization's goals and objectives?

Organizing

3 categories of skills managers must have?

Technical Human skills Conceptual

Decree of centralization.

The amount of decision making power vested in top management should very by circumstances.

Supervisory Management

managers who are directly responsible for supervising workers and evaluating their daily performance

Decentralized advantage

Adaptation to customer wants Empowerment of workers

What do staff employees do for like managers?

Advice assist

What is in organization?

Allocating Preparing Recruiting Placing employees

Leadership style that involves making decisions without consulting others.

Autocratic

What did Max Weber emphasized?

Job descriptions written rules procedures regulations and policies staffing promotion based on qualifications

What did Webber believe?

Large organizations demand it clearly stablished rules and guidelines to be followed precisely.

What creates a vision for the organization and guiding, training, coaching, and motivating others to work better.

Leading

Hybrid Forms of Business

Limited Liability Partnership (LLP) Limited Liability Company (LLC) S Corporation.

An organization that has 2 Walt lines of responsibilities, autoritario and communication?

Line structure

What is true about the principles of organization?

Regardless of business size the principles are similar

The key to an organization's success in changing times?

Remaining Flexible

Bureaucracy

Rules that give managers control over employees.

The mission statement includes?

Self concept Nature of the product of service

What is involved in Planning?

Serting goals Developing strategies Determine resources Setting standards

The goals of developing an organization chart?

Shows relationship among people Who reports to who

Advantages of centralized authority?

Simpler distribution system Greater top management control More efficiency

Looks at the organization as a whole long rage?

Strategic

Identifies specific short range objectives by lower level managers

Tactical

core competencies

Things a company does extremely well, which sometimes give it an advantage over its competition.

The presentation of an organization's facts and figures so its status is clear and apparent to all state holders is call?

Transparency

hierarchy of authority

a clear chain of command found in a bureaucracy. All workers should know to whom they report.

economies of scale

a proportionate saving in costs gained by an increased level of production. The pitching of raw materials

virtual corporation

a temporary networked organization made up of replaceable firms that join and leave as needed.

unity of command

an employee should report to no more than one manager

Skills that involve the ability to picture the organization as a whole and the relationship among its various parts.

conceptual skills

Equity

fairness

staff personnel

have authority functions; they provide advice, recommendations, and research to line managers. Ex. Human Resources, legal advisers, marketing research team.

SWOT analysis

strengths, weaknesses, opportunities, threats