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Exam 1 vocab
Exam 1 review for management class
86
Management
Undergraduate 1
01/29/2012

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Term
Scientific Management
Definition
emphasizes careful selection and training of workers and supervisory support
Term
motion study
Definition
the science of reducing a job or task to its basic physical motions
Term
bureaucracy
Definition
a rational and efficient form of organization founded on logic, order, and legitimate authority
Term
scalar chain principle
Definition
states that organizations should operate with clear and unbroken lines of communication top to bottom
Term
unity of command principle
Definition
states that a worker should receive orders from only one boss
Term
hawthore effect
Definition
the tendency of persons singled out for special attention to perform as expected
Term
need
Definition
a physiological or psychological deficiency that a person wants to satisfy
Term
Maslows progression principle
Definition
states that a need at any level becomes activated only after the next-lower-level need is satisfied
Term
Maslows deficit principle
Definition
states that people act to satisfy needs for which a satisfaction deficit exists; a satisfied need doesnt motivate behavior
Term
theory x
Definition
assumes people dislike work, lack ambition, are irresponsible, and prefer to be led
Term
theory y
Definition
assumes people are willing to to work, accept responsibility, are self directed, and are creative
Term
self fullfilling prophecy
Definition
occurs when a person acts in ways that confirm anothers expectations
Term
analytics
Definition
the systematic use and analysis of data to solve problems and make informed decisions
Term
management science and operations research
Definition
both apply mathematical techniques to solve management problems
Term
operations management
Definition
the study of how organizations produce goods and services
Term
open system
Definition
transforms resource inputs from the environment into product outputs
Term
subsystem
Definition
a smaller component of a larger system
Term
contingency thinking
Definition
tries to match management practices with situational demands
Term
total quality management
Definition
managing with an organization wide commitment to continuos improvement, product quality, and customer needs
Term
continuos improvement
Definition
involves always searching for new ways to improve work quality and performance
Term
high performance organization
Definition
consistently achieves excellence while creating a high-quality work environment
Term
evidence based management
Definition
involves making decisions based on hard facts about what really works
Term
problem solving
Definition
involves identifying and taking action to resolve problems
Term
knowledge workers
Definition
add value to organizations through their intellectual capabilities
Term
information competency
Definition
the ability to gather and use information to solve problems
Term
performance threat
Definition
a situations where something is wrong or likely to be wrong
Term
performance opportunity
Definition
is a situation that offers the possibility of a better future if the right steps are taken
Term
decision
Definition
a choice among possible alternative courses of action
Term
programmed decision
Definition
applies a solution from past experience to a routine problem
Term
nonprogrammed decision
Definition
applies a specific solution that has been crafted to address a unique problem
Term
systematic thinking
Definition
approaches problems in a rational and analytical fashion
Term
intuitive thinking
Definition
approaches problems in a flexible and spontaneous fashion
Term
cognitive style
Definition
the way an individual deals with information while making decision
Term
certain environment
Definition
offers complete information on possible action alternatives and their consequences
Term
risk environment
Definition
lacks complete information but offers probabilities of the likely outcomes for possible action alternatives
Term
uncertain environment
Definition
lacks so much information that it is difficult to assign probabilities to the likely outcomes of the alternatives
Term
cost-benefit analysis
Definition
involves comparing the costs and benefits of each potential course of action
Term
classical decision model
Definition
describes decision making with complete information
Term
optimizing decision
Definition
chooses the alternative providing the absolute best decision to a problem
Term
behavioral decision model
Definition
describes decision making with limited information and bounded rationality
Term
satisficing decision
Definition
chooses the first satisfactory alternative that presents itself
Term
Lack-of-participation error
Definition
failure to include the right people in the decision-making process
Term
Creativity
Definition
the generation of a novel idea or unique approach that solves a problem or crafts an opportunity
Term
availability heurisitic
Definition
uses readily available information to assess a current situation
Term
representativeness heuristic
Definition
assesses the likelihood of an occurrence using a stereotyped set of similar events
Term
anchoring and adjustment heuristic
Definition
adjusts a previously existing value or starting point to make a decision
Term
framing error
Definition
solving a problem in the context perceived
Term
confirmation error
Definition
when we attend only to information that confirms a decision already made
Term
escalating commitment
Definition
the continuation of a course of action even though it is not working
Term
crisis
Definition
an unexpected problem that can lead to disaster if not resolved quickly and appropriately
Term
manager
Definition
a person who supports and is responsible for the work of others
Term
first-line manager
Definition
supervise people who perform non-managerial duties
Term
middle managers
Definition
oversee the work of large departments or division
Term
top managers
Definition
guide the performance of the organization as a whole or of one of its major parts. ex: CEO
Term
board of directors
Definition
members of a b.o.d are elected by stockholders to represent their ownership interests
Term
governance
Definition
oversight of top management by a board of directors or board of trustees
Term
accountability
Definition
the requirement to show performance results to a supervisor
Term
upside-down pyramid
Definition
this view puts customers at the top of the organization being served by workers who are supported by managers below them
Term
management process
Definition
planning, organizing, leading, and controlling the use of resources to accomplish performance goals
Term
planning
Definition
the process of setting objectives and determining what should be done to accomplish them
Term
organizing
Definition
the process of assigning tasks, allocating resources, and coordinating work activities
Term
leading
Definition
the process of arousing enthusiasm and inspiring efforts to achieve goals
Term
controlling
Definition
the process of measuring performance and taking action to ensure desired results
Term
agenda setting
Definition
identifies important action priorities
Term
networking
Definition
involves building and maintaining positive relationships with other people
Term
social capital
Definition
the capacity to attract support and help from others in order to get things done
Term
technical skill
Definition
the ability to use expertise to perform a task with proficiency
Term
human skill
Definition
the ability to work well in cooperation with other people
Term
emotional intelligence
Definition
the ability to manage ourselves and our relationships effectively
Term
conceptional skill
Definition
the ability to think analytically and solve complex problems
Term
lifelong learning
Definition
continuos learning from daily experiences
Term
globalization
Definition
the worldwide interdependence of resource flows, product markets, and business competition
Term
global sourcing
Definition
involves contracting for work that is performed in other countries
Term
job migration
Definition
occurs when global outsourcing shifts from one country to another
Term
ethics
Definition
set moral standards of what is "good" and "right" behavior in organizations and in our personal lives
Term
corporate governance
Definition
oversight of a company's management by a board of directors
Term
workforce diversity
Definition
describes differences among workers in gender, race, ethnicity, religion, sexual orientation, and able-bodiness.
Term
glass ceiling effect
Definition
an invisible barrier limiting career advancement of women and minorities
Term
prejudice
Definition
the display of negative, irrational attitudes toward women and minorities
Term
discrimination
Definition
actively denies women and minorities the full benefits of organizational membership
Term
a free agent economy
Definition
an economy in which people change jobs more often and many work on independent contracts with a shifting mix of employers
Term
a shamrock organization
Definition
operates with a core group of full-time long-term workers supported by others who work on contracts and part time
Term
intellectual capital
Definition
the collective brainpower or shared knowledge of workforce
Term
knowledge workers
Definition
use their minds and intellects as critical assets to employers
Term
self-management
Definition
the ability to understand oneself, exercise initiative, accept responsibility, and learn from experience
Term
hey vin,
Definition
you're a pussy
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