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BA115 Test 2
Ch 7 and 8 terms
Question | Answer |
---|---|
the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources | management |
a management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives | planning |
a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything works together to achieve the organization's goals and objectives | organizing |
creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organization's goals and objectives | leading |
a management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not | controlling |
an encompassing explanation of why the organization exists and where it's trying to head | vision |
an outline of the fundamental purposes of an organization | mission statement |
the broad, long term accomplishments and organization wishes to attain | goals |
specific, short term statements detailing how to achieve the organization's goals. | objectives |
a planning tool used to analyze an organization's strengths, weakness, opportunities, and threats | SWOT analysis |
the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals | strategic planning |
the process of developing detailed, short term statements about what is to be done, who is to do it, and how it is to be done | tactical planning |
the process of setting work standards and schedules necessary to implement the company's tactical objectives | operational planning |
the process of preparing alternative courses of action that may be used if the primary plans don't achieve the organization's objectives | contingency planning |
choosing among two or more alternatives | decision making |
the process of solving everyday problems that occur; less formal than decision making and usually calls for quicker action | problem solving |
coming up with as many solutions to a problem as possible in a short period of time with no censoring of ideas | brainstorming |
listing all the pluses for a solution in one column, all the minuses in another, and the implications in a third column | PMI |
a visual device that shows relationships among people and divides the organization's work; it shows who reports to whom | organization chart |
highest level of management, consisting of the president, and other key company executives who develop strategic plans | top management |
the level of management that includes general managers, division managers, and branch and plant managers who are responsible for tactical planning and controlling | middle management |
managers who are directly responsible for supervising workers and evaluating their daily performance | supervisory management |
skills that involve the ability to perform tasks in a specific discipline or department | technical skills |
skills that involve communication and motivation; they enable managers to work through and with people | human relations skills |
skills that involve the ability to picture the organization as a whole and the relationship among its various parts | conceptual skills |
a management function that includes hiring, motivating, and retaining the best people available to accomplish the company's objectives | staffing |
the presentation of a company's facts and figures in a way that is clear and apparent to all stakeholders | transparency |
leadership style that involves making managerial decisions without consulting others | autocratic leadership |
leadership style that consists of managers and employees working together to make decisions | participative (democratic) leadership |
leadership style that involves managers setting objectives and employees being relatively free to do whatever it takes to accomplish those objectives | free-rein leaders |
giving workers the education and tools they need to make decisions | enabling |
finding the right information, keeping the information in a readily accessible place, and making the information known to everyone in the firm | knowledge management |
dealers, who buy products to sell to others, and ultimate customers (or end users),who buys products for their own personal use | external customers |
individuals and units within the firm that receive services from other individuals or units | internal customers |
the situation in which companies can reduce their production costs if they can purchase raw materials in bulk; the average cost of goods goes down as production levels increase | economies of scale |
a system in which one person is at the top of the organization and there is a ranked or sequential ordering from the top down of managers who are responsible to that person | hierarchy |
the line of authority that moves from the top of a hierarchy to the lowest level | chain of command |
an organization with many layers of managers who set rules and regulations and oversee all decisions | bureaucracy |
an organization structure in which decision making authority is maintained at the top level of management | centralized authority |
an organization structure in which decision making authority is delegated to lower-level managers more familiar with local conditions than headquarters management could be | decentralized authority |
the optimal number of subordinates a manager supervises or should supervise | span of control |
an organization structure in which the pyramidal organization chart would be quite tall because of the various levels of management | tall organization structure |
an organization structure that has few layers of management and a broad span of control | flat organization structure |
the dividing of organizational functions into separate units | departmentalization |
an organization that has direct two way lines of responsibility, authority, and communication running from the top to the bottom of the organization, with all people reporting to only one supervisor | line organization |
employees who are part of a chain of command that is responsible for achieving organizational goals | line personnel |
employees who advise and assist line personnel in meeting their goals | staff personnel |
an organization in which specialist from different parts of the organization are brought together to work on specific projects but still remain part of a line and staff structure | matrix organization |
groups of employees from different departments who work together on a long term basis | cross-functional self-managed teams |
using communications technology and other means to link organizations and allow them to work together on common objectives | networking |
the present moment or the actual time in which something takes place | real time |
a temporary networked organization made up of replaceable firms that join and leave as needed | virtual company |
comparing an organization's practices, processes, and products against the world's best | benchmarking |
those functions that the organization can do as well as or better than any other organization in the world | core competencies |
young people who have grown up using the internet and social networking | digital natives |
redesigning an organization so that it can more effectively and efficiently serve its customers | restructuring |
an organization that has contact people at the top and the chief executive officer at the bottom of the organization chart | inverted organization |
widely shared values within an organization that provide unity and cooperation to achieve common goals | organization (or corporate) culture |
the structure that details lines of responsibility, authority, and position; that is the structure shown on organization charts. | formal organization |
the system that develops spontaneously as employees meet and form cliques, relationships, and lines of authority outside the formal organization | informal organization |