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Organizational Theory
Final Exam cards for OT
26
Management
Undergraduate 2
12/10/2012

Additional Management Flashcards

 


 

Cards

Term
Organizations
Definition
Collections of people who work together and coordinate their actions to achieve a wide variety of goals or desired future outcomes
Term
Management
Definition
The planning, organizing, leading, and controlling of human and other resources to achieve organizational goals effectively and efficiently
Term
Organizational Performance
Definition
A measure of how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goals
Term
Efficiency
Definition
A measure of how well or productively resources are used to achieve a goal
Term
Effectiveness
Definition
A measure of the appropriateness of the goals an organization is pursuing and the degree to which the organization achieves those goals
Term
High Effectiveness, Low Efficiency
Definition
• Right goals, but poor resource allocation.
• Result: a product customers want but that is too expensive.
Term
High Efficiency, Low Effectiveness
Definition
• Wrong goals but good resource allocation
• High quality product that customers do not want.
Term
High Efficiency, High Effectiveness
Definition
• Right goals, good resource allocation
• A product customers want at a quality and price they can afford.
Term
Low Efficiency, Low Effectiveness
Definition
• Poor goal setting and resource allocation
• Low quality product that customers do not want.
Term
Planning
Definition
Identifying and selecting appropriate goals; one of the four POLC
Term
Strategy
Definition
A cluster of decisions about what goals to pursue, what actions to take, and how to use resources to achieve goals.
Term
Organizing
Definition
Structuring working relationships in a way that allows organizational members to work together to achieve organizational goals; one of the four POLC
Term
Organizational Structure
Definition
A formal system of task and reporting relationships that coordinates and moves organizational members so they work together to achieve organizational goals.
Term
Leading
Definition
Articulating a clear vision and energizing and enabling organizational members so they understand the part they play in achieving organizational goals; one of the four POLC
Term
Controlling
Definition
Evaluating how well an organization is achieving its goals and taking action to maintain or improve performance; one of the four POLC
Term
Decisional Role
Definition
Entrepreneur, Disturbance handler, resource allocator, negotiator
Term
Interpersonal Role
Definition
Figurehead, leader, liaison
Term
Informational
Definition
Monitor, disseminator, spokesperson
Term
Department
Definition
A group of people who work together and possess similar skills or use the same knowledge, tools, or techniques to perform their jobs
Term
First-line manager
Definition
A manager who is responsible for the daily supervision of non-managerial employees. Does lots of L, less POC
Term
Middle manager
Definition
supervises first-line managers and is responsible for finding the best way to use resources to achieve organizational goals. Does more POC, less L than a first-line manager.
Term
Top manager
Definition
Establishes organizational goals, decides how departments should interact, and monitors middle managers' performance. Lots of PO, less L, little more C than a middle manager.
Term
Top management team
Definition
Comprised of the CEO, COO, the president, and the heads of most important departments.
Term
Conceptual skills
Definition
The ability to analyze and diagnose a situation and to distinguish between cause and effect.
Term
Competitive Advantage Components
Definition
Efficiency, Innovation, Quality, and Responsiveness to Customers
Term
Turnaround management
Definition
the creation of a new vision for a struggling company, based on a new approach to planning and organizing to make better use of a company's resources and allow it to survive and prosper.
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