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MHR Midterm 3
Book
76
Management
Undergraduate 2
03/11/2013

Additional Management Flashcards

 


 

Cards

Term
Extrinsic rewards
Definition
Given to people by the boss, the company, or some other person.
Term
Intrinsic rewards
Definition
A reward derived directly from performing the job itself. Includes an interesting project, an intriguing subject that is fun to study, and a completed job all can make people feel that they have done something well.
Term
Job rotation
Definition
Changing from one task to another to alleviate boredom.
Term
Job enlargement
Definition
Giving people additional tasks at the same time to alleviate boredom.
Term
Job enrichment
Definition
Changing a task to make it inherently more rewarding, motivating, and satisfying.
Term
Two-factor theory
Definition
Herzberg's theory describing two factors affecting people's work motivation and satisfaction
Term
Hygiene factors
Definition
Characteristics of the workplace, such as company policies, working conditions, pay, and supervision, that can make people dissatisfied.
Term
Motivators
Definition
Factors that make a job more motivating, such as additional job responsibilities, opportunities, for personal growth and recognition, and feelings of achievement.
Term
Legitimate power
Definition
The leader with legitimate power has the right to tell others what to do. People comply with the legitimate leader because they are obligated to do so.
Term
Reward power
Definition
The leader who has reward power influences others because she controls valued rewards. People comply with the leader's wishes to receive those rewards.
Term
Coercive power
Definition
The leader with coercive power has control over punishments. People comply with orders to avoid these punishments.
Term
Referent Power
Definition
The leader with referent power has personal characteristics that appeal to others. People comply because of this admiration, personal liking, a desire for approval, or a desire to be like them.
Term
Expert power
Definition
Leaders with expert power have certain expertise or knowledge. People comply because they believe in the leader, can learn from them, or gain other things from them.
Term
Leadership approaches
Definition
Trait approach, behavioral approach, and the situational approach.
Term
Trait approach
Definition
Includes drive, leadership motivation, integrity, self-confidence, and knowledge of the business.
Term
Behavioral approach
Definition
A leadership perspective that attempts to identify what good leaders do. That is, what behaviors they exhibit.
Term
Situational approach
Definition
Leadership perspective proposing that universally important traits and behaviors do not exist, and that effective leadership behavior varies from situation to situation.
Term
LMX Theory
Definition
Leader-member exchange theory: Highlights the importance of leader behaviors not just toward the group as a whole but toward individuals on a personal basis.
Term
Autocratic leadership
Definition
A form of leadership in which the leader makes decisions on his or her own and then announces those decisions to the group.
Term
Democratic leadership
Definition
A form of leadership in which the leader solicits input from subordinates.
Term
Group maintenance behaviors
Definition
Actions taken to ensure the satisfaction of group members, develop and maintain harmonious work relationships, and preserve the social stability of the group. Includes a focus on people's feelings and comfort, appreciation, and stress reduction.
Term
Task performance
Definition
Actions taken to ensure that the work group or organization teaches its goals. Includes a focus on work speed, quality and accuracy, quantity of output, and following the rules.
Term
Board of directors
Definition
In corporations the owners are stockholders. The stockholders elect a board of directors to oversee the organization. The board is led by the chair and makes decisions that affect the organization. Boards 1. Select/assess/reward/replace CEO 2. Determine the firm's strategic direction 3. Ensure ethical and legal conduct.
Term
Top management team
Definition
CEOs share their authority with other key members of the top management team. Top management teams typically consist of the CEO, president, COO, CFO, and other key executives. They make decisions as a unit.
Term
Span of control
Definition
The number of subordinates who report directly to an executive or supervisor.
Term
Span of control
Definition
Narrow spans build a tall organization that has many reporting levels. Wide spans create a flat organization with fewer levels. The optimal span of control maximizes effectiveness because it is 1. Narrow enough to permit managers to maintain control but 2. Not so narrow that it leads to overcontrol and too many managers.
Term
Span of control
Definition
Optimal span of control depends on different factors. The span should be wider when 1. Work is clearly defined 2. Subordinates are highly trained 3. Manager is highly capable and supportive 4. Jobs are similar and performance measures are comparable 5. Subordinates prefer autonomy to close supervisory control.
Term
Herzberg’s theory
Definition
The key to true job satisfaction and motivation to perform lies in the motivators.
Term
Herzberg’s theory
Definition
His theory highlights the important distinction between extrinsic rewards (from hygiene factors) and intrinsic rewards (from motivators). Second, it reminds managers to not rely on extrinsic rewards alone and to focus on intrinsic rewards as well. Third, it set the state for later theories.
Term
The Hackman and Oldham Model of Job Design
Definition
Well designed jobs lead to high motivation, high quality performance, high satisfaction, and low absenteeism and turnover. These outcomes occur when people experience three critical psychological states:
Term
The Hackman and Oldham Model of Job Design
Definition
These outcomes occur when people experience three critical psychological states: 1. The believe they are doing something meaningful 2. They feel personally responsible for how the work turns out 3. They learn how well they perform their jobs.
Term
The Hackman and Oldham Model of Job Design - Five core job dimensions
Definition
1. Skill variety 2. Task identity 3. Task significance 4. Autonomy 5. Feedback
Term
Equity theory
Definition
A theory stating that people assess how fairly they have been treated according to two key factors: outcomes and inputs.
Term
Centralized organization
Definition
An organization in which high level executives make most decisions and pass them down to lower levels for implementation.
Term
Decentralized organization
Definition
An organization in which lower level managers make important decisions.
Term
Departmentalization
Definition
Subdividing an organization into smaller subunits. Three basic approaches are functional, divisional, and matrix.
Term
Functional Organization
Definition
Departmentalization around specialized activities such as production, marketing, and human resources.
Term
Advantages of Functional Organization
Definition
1. Economies of scale can be realized 2. Monitoring of the environment is more effective 3. Performance standards are better maintained 4. People have greater opportunity for specialized training 5. Technical specialists are relatively free of administrative work 6. Decision making and lines of communication are simple and clear.
Term
Disdvantages of Functional Organization
Definition
People may care more about their own function than about the company as a whole, and their attention to functional tasks may make them lose focus on overall product quality.
Term
Divisional Organization
Definition
Departmentalization that groups units around products, customers, or geographic regions.
Term
Matrix Organization
Definition
An organization composed of dual reporting relationships in which some employees report to two superiors - a functional manager and a divisional manager.
Term
Psychological contract
Definition
A set of perceptions of what employees owe their employers, and what their employers owe them.
Term
Delegation
Definition
The assignment of new or additional responsibilities to a subordinate.
Term
Advantages of delegation
Definition
Effective delegation leverages the manager's energy and talent and those of their subordinates. It allows managers to accomplish much more than they would be able to on their own.
Term
How should managers delegate?
Definition
First, define the goal. Then, select a person who is capable of performing the task. The person should be given authority, time, and resources to be successful. The manager and subordinate should work together throughout the delegation process. Communication.
Term
Accountability
Definition
The expectation that employees will perform a job, take corrective action when necessary, and report upward on the status and quality of their performance.
Term
Responsibility
Definition
The assignment of a task that an employee is supposed to carry out.
Term
Coordination and integration
Definition
The way all parts of the organization will work together.
Term
Leaders - five key behaviors
Definition
1. Challenge the process 2. Inspire a shared vision 3. Enable others to act 4. Model the way 5. Encourage the heart
Term
Leaders
Definition
A leader is one who influences others to attain goals. Outstanding leaders combine good strategic substance and effective interpersonal processes to formulate and implement strategies that produce results and sustainable competitive advantage.
Term
Vision
Definition
A mental image of a possible desirable future state of the organization.
Term
Supervisory leadership
Definition
Behavior that provides guidance, support, and corrective feedback for day-to-day activities.
Term
Strategic leadership
Definition
Behavior that gives purpose and meaning to organizations, envisioning and creating a positive future.
Term
Power
Definition
The ability to influence other people; this influence often means get things done or accomplish one's goals despite resistance from others.
Term
Positive reinforcement
Definition
Applying a positive consequence that increases the likelihood that the person will repeat the behavior that led to it.
Term
Negative reinforcement
Definition
Removing or withholding an undesirable consequence.
Term
Punishment
Definition
Administering an aversive consequence.
Term
Extinction
Definition
Withdrawing or failing to provide a reinforcing consequence.
Term
Expectancy theory
Definition
A theory proposing that people will behave based on their perceived likelihood that their effort will lead to a certain outcome and on how highly they value that outcome.
Term
Expectancy
Definition
Employee's perception of the likelihood that their efforts will enable them to attain their performance goals.
Term
Outcome
Definition
A consequence a person receives for their performance.
Term
Instrumentality
Definition
The perceived likelihood that performance will be followed by a particular outcome.
Term
Valence
Definition
The value an outcome holds for the person contemplating it.
Term
Marslow's Need Hierarchy
Definition
A conception of human needs organizing needs into a hierarchy of five major types: 1. Physiological (bottom) (food, water sex, shelter) 2. Safety or security (protection against threat) 3. Social (friendship, affection, love) 4. Ego (independence, achievement, freedom, status) 5. Self-actualization (top)(realizing one's full potential)People are motivated to satisfy the lower needs before they try to satisfy the higher needs.
Term
Alderfer's ERG Theory
Definition
A human needs theory postulating that people have three basic sets of needs that can operate simultaneously.
Term
McClelland's Needs
Definition
The most important needs for managers are the needs for achievement, affiliation, and power.
Term
Charismatic leader
Definition
A person who is dominant, self confident, convinced of the moral righteousness of their beliefs, and able to arouse a sense of excitement and adventure in followers.
Term
Transformational leaders
Definition
Leaders who motivate people to transcend their personal interests for the good of the group.
Term
Transactional leaders
Definition
Leaders who manage through transactions, using their legitimate, reward, and coercive powers to give commands and exchange rewards for services rendered.
Term
Motivation
Definition
Forces that energize, direct, and sustain a person's efforts. Managers must motivate people to 1. Join the organization 2. Remain in the organization 3. Come to work regularly 4. Perform 5. Exhibit good citizenship.
Term
Goal setting theory
Definition
A motivation theory stating that people have conscious goals that energize them and direct their thoughts and behaviors toward a particular end.
Term
Standardization
Definition
Establishing common routines and procedures that apply uniformly to everyone.
Term
Differentiation
Definition
An aspect of the organization's internal environment created by job specialization and the division of labor.
Term
Specialization
Definition
A process in which different individuals and units perform different tasks.
Term
Coordination
Definition
The procedures that link the various parts of an organization for the purpose of achieving the organization's overall mission.
Term
Authority
Definition
The legitimate right to make decisions and to tell other people what to do.
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