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Principles of Management
Chapter 1
8
Management
Undergraduate 1
09/09/2010

Additional Management Flashcards

 


 

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Term
Organization
Definition

a group of people with formally assigned roles who work together to achieve the groups' stated goals.

Organizations need not be just business firms, colleges, local governments, & nonprofits like Red Cross.

  • are (or should be) goal-directed
  • are (hopefully) organized
  • have organizational structure

Term
Manager
Definition
a person who plans, organizes, leads and controls the work of others so that the organization achieves its goals.
Term
Management
Definition
the group of people- the managers- who are responsible for accomplishing an organization's goals through planning, organizing, leading, and controlling the efforts of the organization's people; also the totality of managerial actions, people, systems, procedures, and processes in place in an organization.
Term
Management process
Definition
the manager's four basic fuctions of planning, organizing, leading, and controlling.
Term
Three aspects of managerial work
Definition

  1. responsible for contribution- a manager always has the responsibility of accomplishing the organization's goals.
  2. always get things done through other people (his employees).
  3. must be skilled at planning, organizing, leading, and controlling.

Term

Planning

One of a managers four basic functions

Definition
setting goals and deciding on courses of action, developing rules and procedures, developing plans (for both the organization and those who work in it), and forecasting (predicting or projecting what the future holds for the firm).
Term

Organizing

One of a manager's four basic functions

Definition
identifying jobs to be done, hiring people to do them, establishing departments, delegating or pushing authority down to subordinates, establishing a chain of command (in other words, channels of authority and communication), and coordinating the work of subordinates.
Term

Leading

One of a manager's four basic functions

Definition
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