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Terms in this set (34)Organizations Organizations are collections of people who work together and coordinate their actions to achieve a wide variety of goals, or desired future outcomes. Management Management is the planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively. Efficiency is a measure of how productively resources are used to achieve a goal. Effectiveness is a measure of the appropriateness of the goals that managers have selected for the organization to pursue and the degree to which the organization achieves those goals. Planning managers identify and select appropriate organizational goals and courses of action; they develop strategies for how to achieve high performance. ... A strategy is a cluster of decisions concerning what organizational goals to pursue, what actions to take, and how to use resources to achieve these goals ... A low cost strategy is a way of obtaining customers by making decisions that allow an organization to produce goods or services more cheaply than its competitors so it can charge lower prices than they do. ... A differentation strategy's goal is to deliver to customers new, exiting and unique products and services. ... Organizing is structuring working relationships so organizational members interact and cooperate to achieve organizational goals. ... Organizational structure determines how an organization's resources can be best used to create goods and services. ... In leading, managers articulate a clear organizational vision for the organization's members to accomplish, and they energize and enable employees so everyone understands the part he or she plays in achieving organizational goals. ... In controlling, the task of managers is to evaluate how well an organization has achieved its goals and to take any corrective actions needed to maintain or improve performance ... A department is a group of managers and employees who work together because they possess similar skills and experience or use the same kind of knowledge, tools, or techniques to perform their jobs. first-line managers At the base of the managerial hierarchy are first-line managers, often called
supervisors. middle manager A manager who supervises first-line managers and is responsible for finding the best way to use resources to achieve organizational goals. ... Top managers establish organizational goals; they decide how the different departments should interact; and they monitor how well middle managers in each department use resources to achieve goals. ... Conceptual skills are demonstrated in the general ability to analyze and diagnose a situation and to distinguish between cause and effect. ...
Human skills include the general ability to understand, alter, lead, and control the behavior of other individuals and groups. ... Technical skills are the job-specific skills required to perform a particular type of work or occupation at a high level. ... Today the term core competency is often used to refer to the
specific set of departmental skills, knowledge, and experience that allows one organization to outperform its competitors. ... Restructuring involves simplifying, shrinking, or downsizing an organization's operations to lower operating costs. ... Outsourcing involves contracting with another company, in a low-cost country abroad, such as Vietnam or China, to have it perform a work activity the organization previously performed itself. ... Empowerment is a management technique that involves giving employees more authority and responsibility over how they perform their work activities. ... Self-managed teams are a group of employees who assume collective responsibility for organizing, controlling, and supervising their own work activities. ... THe rise of global organizations, organizations that operate and compete in more than one country, has pressured many organizations to identify better ways to use their resources and improve performance. ... Competitive advantage is the ability of one organization to outperform other organizations because it produces desired goods or services more efficiently and effectively than its competitors. ... Employees involved in TQM are often organized into quality control teams and are responsible for finding new and better ways to perform their jobs; they also must monitor and evaluate the quality of goods they produce. ... Innovation is the process of creating new or improved goods and services that customers want or developing better ways to produce or provide goods and services. ... Turnaround management is the creation of a new vision for a struggling company using a new approach to planning and organizing to make better use of a company's resources and allow it to survive and eventually prosper. ... TO create a highly trained and motivated workforce, as well as to avoid major class-action lawsuits, managers must establish human resource management (HRM) procedures and practices that are legal, are fair, and do not discriminate against any organizational members. ... Another important challenge for managers is to continually utilize efficient and effective new IT that can link and enable managers and employees to better perform their jobs--whatever their level in the organization. ... Natural
causes ... Human causes ... Crisis management involves making important choices about how to: Sets with similar termsManagement 300 Chapter 136 terms bryhsway Chapter 1 - The Management Process Today39 terms EduCollege Chapter 125 terms ashley_lenhardt Management of organizations: Chapter I28 terms meozim Other sets by this creatorHR Chapter 78 terms MattWarL BF Chapter 623 terms MattWarL BF Chapter 546 terms MattWarL HRM Ch 613 terms MattWarL Other Quizlet setsChapter 10: PPE, Intangibles, Acquisition75 terms madelynnails Neurophysiology + (eye and ear)114 terms nayapatel Simple Solutions Quiz: Lessons 73-7641 terms cellaash psych chapter 331 terms Sarah_cook_43 Related questionsQUESTION A firm that engages in foreign direct investment (FDI) in other countries is called a(n): 10 answers QUESTION When a person exerts less effort as part of a team than they do on an individual task it is known as: 3 answers QUESTION According to Porter, the essence of strategy is: 5 answers QUESTION which maintenance program focuses on maintaining the equipment or facility according to pre established standards and is often referred to as routine maintenance? 9 answers What is the collection of people working together to achieve?A team is a group of individuals (human or non-human) working together to achieve their goal.
What is a group of people who work together and possess similar skills or use the same knowledge tools or techniques?A department is a group of people who work together and possess similar skills or knowledge, tools, or techniques to perform their job.
What is a measure of an organizational goal and the degree to which an organization achieves the goal?Organizational effectiveness can be defined as the degree to which an organization achieves its goals. Quite literally, how effective an organization is in achieving its intended outcomes and results.
What means to coordinate the activities of a person or group efficiently?Management. Coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively.
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What is a collection of people who work together and coordinate their actions to achieve a wide variety of goals?
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