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MGMT 3001
Chapter 1
39
Management
Undergraduate 4
10/20/2009

Additional Management Flashcards

 


 

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Term
Management
Definition
the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources
Term
Planning
Definition
the management function concerned with defining goals for future organizational performance and deciding on the tasks and resources needed to attain them
Term
Organizing
Definition
the management function concerned with assigning tasks, grouping tasks into departments, and allocating resources to departments
Term
Leading
Definition
the management function that involves the use of influence to motivate employees to achieve the organization’s goals
Term
Controlling
Definition
the management function concerned with monitoring employees’ activities, keeping the organization on track toward its goals, and making corrections as needed
Term
Organization
Definition
a social entity that is goal-directed and deliberately structured
Term
Effectiveness
Definition
the extent to which the organization achieves a stated goal
Term
Efficiency
Definition
the use of minimal resources – raw materials, money, and people – to produce a desired volume of output
Term
Performance
Definition
the organization’s ability to attain its goals by using resources in an efficient and effective manner
Term
First-line
Definition
managers who are at the first or second management level and are directly responsible for the production of goods and services
Term
Middle manager
Definition
managers who work at the mid-levels of the organization and are responsible for major departments
Term
Role
Definition
a set of expectations for one’s behavior
Term
Diversity
Definition
ethnically and racially generational
Term
Learning organization
Definition
an organizational climate that values experimentation and risk taking, applies current technology, tolerates mistakes and failure, and rewards nontraditional thinking and the sharing of knowledge
Term
Collaborative relationships
Definition
staying connected to employees and customers
Term
Human skills
Definition
the ability to work with and through other people and to work effectively as a group member
Term
Empowerment
Definition
unleashing the power and creativity of employees by giving them the freedom, resources, information, and skills to make decisions and perform effectively
Term
E-business
Definition
the work an organization does by using electronic linkages (including the Internet) with customers, partners, suppliers, employees, or other key constituents
Term
E-commerce
Definition
refers specifically to business exchanges or transactions that occur electronically
Term
Business-to-consumer e-commerce (B2C)
Definition
sell products and services to consumers over the Internet
Term
Business-to-business e-commerce (B2B)
Definition
electronic transactions between organizations
Term
Supply chain management
Definition
managing the sequence of suppliers and purchasers, covering all stages of processing from obtaining raw materials to distributing finished goods to consumers
Term
Consumer-to-consumer (C2C)
Definition
an Internet-based business acts as an intermediary between and among consumers
Term
Peer-to-peer (P2P) file-sharing
Definition
swapping music, movies, software, and other files
Term
Enterprise resource planning (ERP)
Definition
systems that weave together all of a company’s major business functions, such as order processing, product design, purchasing, inventory, manufacturing, distribution, human resources, receipt of payments, and forecasting of future demand
Term
Knowledge management
Definition
efforts to systematically find, organize, and make available a company’s intellectual capital and to foster a culture of continuous learning and knowledge sharing so that a company’s activities build on what is already known
Term
Customer relationship management (CRM)
Definition
systems that collect and manage large amounts of data about customers and make them available to employees, enabling better decision making and superior customer service
Term
Outsourcing
Definition
contracting out selected functions or activities to other organizations that can do the work more cost-efficiently
Term
Social forces
Definition
those aspects of a culture that guide and influence relationships among people
Term
Social contract
Definition
the unwritten, common rules and perceptions about relationships among people and between employees and management
Term
Political forces
Definition
the influence of political and legal institutions on people and organizations
Term
Economic forces
Definition
the availability, production, and distribution of resources in a society
Term
Classical perspective
Definition
a management perspective that emerged during the nineteenth and early twentieth centuries that emphasized a rational, scientific approach to the study of management and sought to make organizations efficient operating machines
Term
Scientific management
Definition
precise procedures developed after careful study of individual situations
Term
Administrative principles
Definition
the design and functioning of the organization as a whole
Term
Human resources perspective
Definition
combines prescriptions for design of job tasks with theories of motivation
Term
Behavioral sciences approach
Definition
a subfield of the humanistic management perspective that applies social science in an organizational context drawing from economics, psychology and other disciplines
Term
Contingency
Definition
one thing depends on other things, and for organizations to be effective, there must be a “goodness of fit” between their structure and the conditions in their external environment
Term
Total quality management (TQM)
Definition
focuses on managing the total organization to deliver quality to customers
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