Management Quiz
Organizing
managers work on creating conditions and systems to ensure that everything and everyone works together to achieve the organization's goals
Top Management
A chief operating officer (COO) would be classified as part of a firm's ___.
Middle management
During a recession, they are generally the first to be laid off.
What do managers today emphasize?
Teamwork
Fringe benefits
This includes sick-leave pay, vacation pay, pension plans, and health plans that provide additional compensation to employees
Staffing
involves recruiting, hiring, motivating, and retaining the best people available to accomplish the company's objectives
Recruiting
is a key function of HR in order to hire specific employees
Leading
is the management function of creating a vision for the organization and guiding, training, coaching, and motivating employees to help achieve the goals and objectives of the organization
Controlling
is the management function that involves determining whether an organization is progressing toward its goals, rewarding employees for doing a good job, and taking corrective action when they are not
Networking
is the process of establishing and maintaining contacts with key managers in one's own organization and in other organizations, and using those contacts to establish strong relationships that serve as informal development systems
Human Resource management
is the process of evaluating human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals
Leading Management function
is to empower employees, giving them as much freedom as possible to become self-directed and self-motivated
Mission Statement
outlines the fundamental purposes of their organization
Organization chart
showed the relationship among employees in his organization and the lines of authority and responsibility
Mangement
the art of utilizing organizational resources to accomplish goals at work