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Management 326 EWU
Exam 1 study guide
49
Management
Undergraduate 3
05/14/2017

Additional Management Flashcards

 


 

Cards

Term
Scientific Management
Definition

Concerned with imrpoving the performance of individual workers

*higher efficiency

*Fredrick Taylor

 

Term
Human Relations Movement
Definition
Workers respond primarily to the social context of the work place
Term
Hawthornes Studies
Definition
Illumination experiment designed to test the producitivty of workers based on their lighting. No real effect on worker productivity except when the lights were dimmed to the point workers could hardly see, thats when it started affecting them.
Term
Theory X
Definition
Relatively pessimistic and negative views of workers and it's consistent agreement with scientific management views
Term
Theory Y
Definition
More positive outlook on workers representing assumptions with human relations
Term
Organizational Behavior
Definition
Contemporary field focusing on behavioral perspectives on managements
Term
Quantitative Management Perspectives
Definition

Applies quantitative techniques to management in decision making, economic effectiveness, mathematical models, and use of computers

2 Branches, management science and operations management

Term
Management Science
Definition
Focuses specifically on the development of mathematical models
Term
Operations Management
Definition
Concerned with helping the organization to more efficiently produce it's products or services
Term
Systems Perspective
Definition
Interelated set of elements acting as a whole
Term
Open Systems
Definition
Interact with the environment
Term
Closed Systems
Definition
Do not interact within environment
Term
Contingency Perspective
Definition
In contrast to one best way to manage an organization, it's solely based on the situation in the work place and environment.
Term
Internal Environment
Definition
Conditions and forces within an organization, e.g. Board of Directors, Owner, Employees, Physical Environment, Culture
Term
Task Environment
Definition
Specific Organizations or groups that influence organizations, e.g. Competitors, Regulators, Customers, Suppliers, Strategic Planners
Term
General Environment
Definition
Set of broad dimensions and forces in an organizations surroundings that create it's overall context, e.g. Technological, Economic, Sociocultural, International, and Political-legal dimensions
Term
Organizations Culture
Definition
Set of beliefs, values, behaviors, customs, and attitudes, letting the organization know what it stands for and what's important
Term
Business Mission
Definition
Statement of an organizations fundamental purpose
Term
Strategic Goal
Definition
Goals set by for and by top management of the organization
Term
Tactical Goal
Definition
Goal set by and for middle managers of the organization
Term
Operational Goal
Definition
Goal set by and for lower level management of an organization
Term
Behavioral Management
Definition
Focus on individual attitudes, behaviors, and on group processes, also known as "Industrial Psychology"
Term
Managerial Roles
Definition
Interpersonal Roles, Information Roles, Decisional Roles
Term
Interpersonal Role
Definition
Figurehead, leader, Liason
Term
Informational Role
Definition
Monitor, Disseminator, spokesperson
Term
Decisional Role
Definition
Entrepeneur, Disburnace handler, resource allocator, and negotiator
Term
Basic functions of Management
Definition
To ensure the organizations goals are achieved in an effecient and effective manner
Term
Management Skills
Definition
Technical, Interpersonal, Conceptual, Diagnostic, Communication, decision making, and time management skills
Term
Strategic Plan
Definition
A general plan outlining
 decisions of resource allocation, priorities, and action steps neces‑ sary to reach strategic goals
Term
Tactical Plan
Definition
Aimed at achieving tactical goals, is developed to implement specific parts of a strategic plan
Term
Operational Plan
Definition
Focuses on carrying out tactical plans to achieve operational goals
Term
Long range plan
Definition
Plan that covers many years, perhaps even decades
Term
Intermediete plan
Definition
A plan that generally covers from one to five years
Term
Short-range plan
Definition
A plan that generally covers a span of one year or less
Term
Action plan
Definition
A plan used to operationalize any other kind of plan
Term
Reaction plan
Definition
A plan developed to react to an unforseen circumstance
Term
Management by Objectives or MBO
Definition
A formal goal-setting process involving collaboration between managers and subordinates; the extent to which goals are accomplished is a major factor in evaluating and rewarding subordinate's performances
Term
SWOT
Definition
Acronym for strenghts, weaknesses, opportunities, and threats
Term
Vision Statement
Definition
An aspirational description of what an operation would like to achieve or accomplish in the mid-term or long-term future.
Term
Product Life Cycle
Definition
A model that portrays how sales volume for products changes over the life of products
Term
Backward Vertical Integration
Definition
An organization's beginning the business activities formerly conducted by it's suppliers
Term
Forward Vertical Integration
Definition
An organizations beginning the business activities formerly conducted by it's customers
Term
Merger
Definition
The purchase of one firm by another firm of approximately the same size
Term
Acquisition
Definition
The purchase of a firm by a firm that is considerably larger
Term
Decision making process
Definition
recognizing and defining the nature of a decision situation, identifying alternatives, choosing the best alternative, and putting it into practice
Term
Programmed decision
Definition
A decision that is fairly structured or recurs with some frequency
Term
Nonprogrammed decision
Definition
A decision that is relatively unstructured and occurs much less often than a programmed decision
Term
Steps in rational decision making
Definition
Recognizing and defining the situation. Identifying alternatives. Evaluating alternatives. Selecting the best alternative. Implementing chosen alternative. Following up and evaluating the results.
Term
Delphi Group
Definition
A form of group decision making in which a group is used to achieve a consensus of expert opinion
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