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
