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Sports Management Exam 2
Pearson Exam 2
101
Management
Undergraduate 3
03/27/2012

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Term
Motivated from the Inside
Definition
Intrinsically Motivated
Term
Motivated from outside influences
Definition
Extrinsic Motivation
Term
Who wrote Problem Solving and Decision Making via Problem Solving
Definition
Jensen & Railey
Term
How many employees do not meeting writing requirements?
Definition
33%
Term
Admn. Decision Making?
Definition
Act of making up ones mind, reaching a conclusion, passing judgement.
Term
May is the most difficult function of management?
Definition
Decision Making
Term
Components of Good Decision Making?
Definition
Philosophy of Life
Education
Environment
Experiences
Situational Knowledge
Term
Random items on Decision Making
Definition
Unique decisions stand out
Decisions involve judgement
you have to identify the real problem
Term
Leadership and Decision Making
Definition
They are intertwined
Good Leaders make good decisions
Both require sound judgement
Term
Most issues can be resolved by
Definition
Policy, Procedures, standard practice, rule
Term
When action steps are available manager only needs to?
Definition
Implement the plan to address the situation.
Term
What gives directions and/or action steps?
Definition
Protocols, Manuals, By-Laws, Handbooks.
Term
Factors that impact decision making?
Definition
Cognition, Convictions, Courage, Values, Truth or Facts.
Term
Cognition?
Definition
Gathering info, process of separating info into facts.
Rational Process
Term
Convictions
Definition
Strong belief reinforced by feelings
Affect tough decisions that are made
Term
Courage
Definition
Ability to make a decision even if it is not well received or appreciated
Term
Values
Definition
Affects Choices
personal, political, morals dictate behavior
Term
Truth or Facts
Definition
Basic investigation of problem
"Get the facts" to make decision
Term
Unsubstantiated Info
Definition
Opinions, Beliefs, Inclination are ingredients in decision making process
Term
Experience
Definition
Past situations may shed insight on problem resolution
Term
Opinion + Facts=
Definition
Understanding
Term
Decisions may necessitate change
Definition
Changes Occure
Good Admn. can minimize resistance
They provide ample justification
Term
Group Decision Making
Definition
May be employed for complicated situations
-Employee hiring and interviewing
-Applicant Screening
-Program Planning
Term
Individuals become highly motivated
Definition
They feel part of the process
Sense of ownership
Brainstorming helps develop the flow of ideas and thoughts
Term
Strengths of Group Decision Making
Definition
Decisions can be put to test and combines thinking
Term
Weakness of Group Decision Making
Definition
Time consuming
Term
Decision Making involves Risk
Definition
Some decisions will never be popular, but must be made regardless
-Often unpopular decisions involve personnel
Term
Decisions are rarely questioned when they are based on?
Definition
Sound Judgment and Sold Information
Term
Reasons to not follow the rule when making a decision?
Definition
Expedite Process and Extenuating Circumstances
Term
Delegating Decision Making
Definition
Act of delegating is a decision making process
Term
Advantages of Delegating Decision Making
Definition
Frees up time
Helps employees upgrade skills
Creates Team atmosphere
Term
Delegating does not equate to abdicating responsibility.
Definition
Admn are responsible for decision making
Term
Decision Making is earned not inherited
Definition
Good Decision makers are made not born.
Term
Basic Communication
Definition
Heart and Soul of any setting
Essential to organization effectiveness and productivity
Term
It is difficult to follow if basic lines of communication are blocked.
Definition
Various factors inhibit communication
Term
Communication Definition?
Definition
Act or instance of transmitting
Exchange of info
Meanings are exchanges thru a system
Term
Ineffective Verbal Skills
Definition
Poor use of "Kings English"
Problem with Subject-Verb Agreement
Term
Ineffective Written Skills
Definition
Poor Grammar, Frequent Misspelling of Words
Term
Personality in Communication
Definition
Ones demeanor can affect communication, EX: is a leader who talks down
Term
Speech Patterns
Definition
Excessive Studdering, Regional Dialects
Term
Mannerism
Definition
Inappropriate & unnecessary voice and body actions
Term
Poor Organizational Skills
Definition
Uncertain course of action which may be communicated, change again and again
Term
Lack of Knowledge, Pertaining to Audience
Definition
Using language beyond the level of the staff
Term
Over Utilization of Jargon
Definition
Phrases, figures of speech to convey a message. Trendy terms. "Buzz Words"
Term
Lengthy Communiques
Definition
Basic correspondence which tends to be too long
Term
Distracting Gestures
Definition
Annoying visual and/or audible gestures which distract listener
Term
Most common communication used in business?
Definition
Oral
Term
Oral Communication
Definition
Speak in a manner that audience receives message
Ask questions and comments
Speak in tone and manner that will make message clear
Don't "talk down", use common terminology and proper English
Term
Overall goal of Oral Communication?
Definition
Convey message-
Does not occur if message is not received
Regardless of size of audience strive for understanding
Term
Written Communication
Definition
Convey a message through symbols, strings of symbols, make sentences and form paragraphs.
Term
Symbols
Definition
Letters
Term
String of Symbols
Definition
Words
Term
Teleconference and Satellite
Definition
Interactive Communication
Term
Memorandum
Definition
Most used in office or organizational setting
-Name of receiver, sender, subject, date, body.
Term
Business Letter
Definition
Normally to send communication outside your organization.
Term
Consultants
Definition
"Hired Guns" employed to perform a certain task
Term
What are Hired Guns?
Definition
Consultants, they are holders of specific expertise, may collect data, assess, evaluate, and make recommendations.
Term
Advantages of Contractors
Definition
Permits regular staff to perform assigned tasks
Provides expertise
Staff Training not necessary
They are bonded for security
Term
Why do companies outsource and contract?
Definition
To save money
To assure high quality
Term
Diversity
Definition
Valuable asset, adds to the depth of the organization.
Term
Examples of Diversity?
Definition
Education, Gender, Culture, Race, Age, Prof Exp. Bring new options, ideas, approaches, creativity, reliability
Term
Reverse Discrimination
Definition
When marginally qualified minority applicant is hired over the most qualified dominant group applicant.
Term
Application
Definition
Legally Binding
Basic Info Required
Allows each applicant to show merits
Term
Transcripts/Certificates
Definition
Must be sent by applicant
Should be sealed in envelope
Allows you to see the merits of each person
Term
Recommendations
Definition
Limited Value
Usually "dripping with accolades"
Candidate will only select a person who will write favorably
Term
Interviews
Definition
Avoid questions which address personal views regarding lifestyles
Inquire only about job related matters and skills
Term
Other Documentation
Definition
Background Checks
Drug Testing
Test or Test Scores
Resume
Term
Program Administrator
Definition
May help with new employees
Can help with staff performance
Term
UH FOSA
Definition
Progressive Discipline
Term
Total Cost of Beijing Olympics
Definition
40 Billion
Estimated to cost over 44 Billion

40.9 in Investments
1.9 in Sport Facilities
2 in Olympic Operations
Term
Cost of London Olympics?
Definition
15 Billion
Term
GAAP-
Definition
Generally Accepted Accounting Principals
Term
Disburmsent Journal
Definition
documentation of individual business expenditures
Term
Journals-
Definition
dialy financial documents
Ledger
Sale Journal- daily sales and receipts
Term
Cash Flow Crisis-
Definition
may force company to borrow against receivables
Term
Petty Cash-
Definition
funds used to purcahse small consumables
emergency purchases
Term
Kickbacks-
Definition
Gifts from prospective vendors
Term
Income Statement-
Definition
document designed to show business profitability
top line reports gross proceeds
bottom liine reports net income
Term
Balance Sheet-
Definition
most important financial statement
shows changes in business over period
Term
Assets-
Definition
what the business owns
Term
Equity
Definition
amount of money invested by owners
Term
Budget Components
Definition
Anticipated Income
Anticipated Expenses
Cash Reserve
Term
Calendar Year and Fiscal Year Budget
Definition
Cal- Jan 1-Dec 31st
Fis- Can start anytime last 12 months
Term
Organizational Budget
Definition
fiscal for entire entity
Term
Department Budget
Definition
fiscal for unit
Term
Supplies-
Definition
consumable items that have a short useful life.
Frequently used and replaced
Term
Equipment
Definition
Usually refers to items with life span of 3-5. More expensive
Term
"Leveraging"
Definition
Similar to In-Kind Contributions
Term
Object Classification Budget-
Definition
traditional system
easy to comprehend
expenses are placed in uniform order
numbering system
Term
Line Item Classification Budget-
Definition
Most commonly used
Budget is seperated into various groups
itesms listed by name instead of number
specific dollar amounts are planned for each object
Term
Zero Based Budgeting
Definition
Peter Pyhrr in 1969.
Georgia
Each year presumed to start with no money
intended to eliminate line item and incremental issues
justification is key
Term
Accrual System-
Definition
Records cash as they occure.
Yields good picture of business
Term
Cash System-
Definition
Records cash when cash is recieved
Term
Formula Funding-
Definition
formula applied to percieved outcomes
Education Budget on test scores and attendance
Term
Decrement-Increment Budgeting-
Definition
used to determine item amounts for new budget
increase,decrease based on previous years allocation
Term
Factors that determine budget-
Definition
purpose, # of employees, funding, tye of business
Term
Encumbered
Definition
save money for future use
Term
Operational Budget-
Definition
Operational Budget- dialy operation, office supplies, advertising, postage
year long budget
Term
Equipment Budget-
Definition
Equipment Budget- Basic tools, minimal life span, long term budget
minimal budget
Term
Capital Outlay-
Definition
xpensive items (15-20 years), phyical enhancement- renovations
Term
Personnel Budget
Definition
money alloted to compensate employees.
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