Management BUSN 2100 Test 1

change or flex when sales or some other activity increases or decreases.

A fixed budget does not

vertical management.

A military organization is very structured. Ranks are very clear, defining who can give and who must take orders. This is an example of

a detailed plan used to provide a clear picture of how a team, section, or department will contribute to the achievement of the organization's strategic goals.

A(n) operational plan is

entrepreneur, resource allocator, and negotiator

According to Mintzberg, there are four primary types of management decision roles. These include the following:

method for a company to assess its market position relative to its competitors.

An industry analysis is a

the technique of comparing performance to similar efforts. The comparison may be to other companies in the same industry, to other industries, or to other time periods.

Benchmarking refers to

the principles promote decisions for efficiency and effectiveness instead of favoritism and incompetence

Bureaucracy has taken on negative connotations in popular culture. It is associated with excessive paperwork, apathy and unresponsiveness, slowness in responding to problems, and inflexibility. But most organizations use most or all of the principles, because

These are called policies

Companies need consistency in their HR practices to avoid charges of discrimination. Senior management usually approves broad guidelines for HR activities, like hiring and firing, performance appraisals, promotions, and discipline.

is distinct, or differentiated in some way from their competitors.

Companies strive to provide a product or service that

Feedback loops.

Controlling may be the most important management function. The control process is also described as -

studying time and motion studies.

Frank and Lillian Gilbreth most noted for

Planning Organizing Leading Controlling

Management activities are often grouped into four categories. These are:

planning, organizing, leading, and controlling resources and people to meet organizational goals.

Management as a process means:

middle managers.

Managers encourage, support, and foster talented employees. The managers who focus in this area are

a regulation.

Many companies forbid smoking at work. This is an example of

have very little chance of succeeding at the task.

Mayo predicted that a group with negative behaviors and few social bonds would

compare the relative merits of two different industries.

Michael Porter's Five Forces analysis looks at the forces driving an industry's profitability. An analyst might use it to

These are top-level managers.

Some managers set long-term goals and define strategies to achieve them.

coordinated efforts to achieve specific goals and objectives.

Strategic Management decides how best to attain a company's mission and vision through the

deciding how to compete. ,The second function is to make sure that the people in the organization support the strategy

Strategic management's first function is

(1) Science, Not Rule of Thumb:(2) Harmony, Not Discord:(3) Cooperation, Not Individualism:(4) Development of Each and Every Person to His / Her Greatest Efficiency and Prosperity:

Taylor's Four Principles of Scientific Management included what?

a visual (graphic) representation of what occurs over the course of a project.

The Gantt chart is a tool that provides

that it can be very specific in how it addresses the needs of a particular situation.

The advantage of a single-use plan is

focus on people.

The alternative to viewing management as a process is to

political, economic, social, technological, legal and environmental.

The five components of industry environment are:

the Circle of Life in Disney's movie The Lion King.

The systems approach to management is akin to

Planning can delay or prevent action.

What does death by planning mean?

the ability to think about or plan the future with imagination or wisdom.

What does vision mean?

An organizational structure is a system that outlines how certain activities are directed in order to achieve the goals of an organization also determines how information flows between levels within the company.

What is organizational structure?

It is the act of getting things done through others and having them do it willingly

What is the definition of management you like the most?

Analysis of the situation

What is the first step in the planning cycle?

Knowledge-based work can't be observed and broken down for efficiencies like manual labor.

Which is a limitation of scientific management?

management scanned the environment to choose a goal and to plan.

Over a period of time, a company can make many transitions. Before each transition,

process of continual adjustment

Planning is:

to prevent favoritism and incompetence.

Principles from the _bureaucratic school of management were originally designed

determine where resources are most needed so they can be allocated where they will provide the most benefit.

Resources are always scarce in organizations, and managers need to make sure the resources they have are used effectively. Planning helps managers

strengths, weaknesses, opportunities, and threats

SWOT analysis stands for: