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Management Unit 4
| Term | Definition |
|---|---|
| accountability | the obligation to accept responsibility for the outcomes of assigned tasks; being accountable |
| centralized organization | all major planning and decision making is done by a group of top managers in the business. Often very complex and employees feel disconnected to management. |
| Decentralized organization | a business is divided into smaller operating units, and mangers are given almost total responsibility. These units may operate as if they were independent companies. |
| Empowerment | letting workers decide how to perform their work tasks and offer ideas on how to improve the work process. Workers become empowered. |
| Executive | a top level manger who spends almost all of his/her time on management functions. |
| Flattened organization | one with fewer levels of management. managers and employees assume many of the responsibilities previously assigned to other levels of management. |
| human relations | how well people get along with each other when working together |
| Implementing | carrying out plans and helping employees work effectively |
| Leadership style | the general way a manger treats and directs employees or how they influence employees. Either by position, reward, expert, or identity power. |
| leadership | the ability to influence individuals and groups to achieve organizational goals. These people have excellent human relation skills. |
| line organization | all authority and responsibility may be traced in a direct line form the top executive down to the lowest employee level in the organization. |
| management | the process of accomplishing the goals of a business through the effective use of people and other resources. This is the primary work of managers: planning, organizing, implementing, and controlling decisions. |
| Manager | a person who completes all four management functions [planning, organizing, implementing, and controlling decisions] on a regular basis and has authority over other jobs and people. |
| Matrix organization | combines workers into temporary work teams to complete specific projects. These assignments are temporary and employees with the needed skills are assigned the projects. |
| Mission statement | a short, specific statement of the purpose and direction of the business |
| motivation | the set of factors that cause a person to act in a certain way. [Ex. you are more motivated to study so that you will make a good grade] |
| operational planning | short-term planning that identifies specific activities for each area of the business. |
| organizational chart | a visual device that shows the structure of an organization and the relationships among workers and divisions of work. |
| organizing | determining how plans can most effectively be accomplished; arranging resources to complete work. |
| planning | analyzing information and making decisions. |
| policies | guidelines used in making decisions regarding specific recurring situations. |
| procedure | a list of steps to be followed for performing certain work. |
| responsibility | the obligation to do an assigned task |
| self-directed work team | a team in which members together are responsible for the work assigned to the team. |
| span of control | the number of employees who are directly supervised by one person |
| strategic planning | long-term planning that provides broad goals and directions for the entire business. |
| supervisor | lowest level of management; oversees day-to-day operations. |
| SWOT analysis | an examination of an organizations internal strengths and weaknesses, as well as opportunities and threats from its external environment. |
| Unity of command | no employee has more than one supervisor at a time. |
| variance | the difference between current performance and the standard |
| work team | a group of individuals who cooperate to achieve a common goal. |