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46 Terms

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Manager

An individual who is responsible for overseeing and directing the activities of others.

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Career Readiness

Having the skills, competencies, aspirations, and goals needed to move forward successfully in a career.

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Critical Thinking Tests

Analytics, Choices, Ethics, Issues, Insight, Cases.

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Levels of Managers

Top managers, Middle managers, First-line managers/team leaders.

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Accountability

The requirement to answer to a higher authority for performance achieved in one’s work area.

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Effective Manager

Helps people and organizations perform by achieving high performance and satisfaction.

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Quality of Work Life (QWL)

The overall quality of human experiences in the workplace, including satisfaction and performance.

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Upside-Down Pyramid Model

A model showing that managers support workers at the bottom to serve customers at the top.

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Functions of Management

Planning, Organizing, Leading, Controlling.

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Managerial Roles

Interpersonal, Informational, Decisional.

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Agenda Setting

Identifying clear priorities.

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Networking

Building positive relationships.

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Social Capital

Attracting support to get things done.

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Essential Managerial Skills

Technical, Human, and Conceptual skills.

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Emotional Intelligence

The ability to manage ourselves and our relationships effectively.

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Globalization

The worldwide interdependence of resource flows, product markets, and business competition.

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Global Sourcing

Buying goods/services from other countries.

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Job Migration

Outsourcing shifts jobs abroad.

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Reshoring

Bringing jobs back domestically.

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Ethics

A code of moral standards for what is right or wrong.

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Corporate Governance

Oversight of management decisions by the board of directors.

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Workforce Diversity

Differences among workers in gender, age, race, ethnicity, religion, sexual orientation, and ability.

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Discrimination

Denying women and minorities full organizational membership benefits.

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Prejudice

Negative irrational attitudes toward women and minorities.

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Glass Ceiling Effect

An invisible barrier limiting career advancement for women and minorities.

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Intellectual Capital

Collective brainpower or knowledge of workers, formula: Competency × Commitment.

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Shamrock Organization

Structure with full-time core workers, independent contractors, and part-time/temporary workers.

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Self-Management

The ability to assess and actively manage personal development and personal brand.

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Personal SWOT Analysis

Analyzes strengths, weaknesses, opportunities, and threats for self-awareness and career planning.

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Scientific Management

A management theory developed by Frederick Taylor focused on efficiency.

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Principles of Scientific Management

(1) Develop a science for each job, (2) Hire workers with correct abilities, (3) Train and motivate workers, (4) Support workers.

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Bureaucracy

A management structure characterized by clear division of labor and hierarchy of authority, developed by Max Weber.

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Disadvantages of Bureaucracy

Red tape, slow problem-solving, rigidity, resistance to change, employee apathy.

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Administrative Principles

Developed by Henri Fayol; focuses on management functions and effectiveness.

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Scalar Chain Principle

Clear communication line from top to bottom in an organization.

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Unity of Command Principle

Each employee should receive orders from only one boss.

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Fayol's Duties of Management

Foresight, Organization, Command, Coordination, Control.

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Mary Parker Follett

Visionary leader who promoted cooperation, social responsibility, and employee ownership.

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Hawthorne Studies

Research showing that psychological and social factors significantly affect worker output.

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Hawthorne Effect

People improve performance when singled out for attention.

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Maslow's Hierarchy of Needs

A theory outlining five levels of human needs: Physiological, Safety, Social, Esteem, Self-actualization.

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Theory X Assumptions

Workers dislike work, lack ambition, resist change.

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Theory Y Assumptions

Workers are willing to work, self-controlled, responsible.

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Contingency Thinking

The concept that no single management approach works for all situations.

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Total Quality Management (TQM)

A comprehensive approach focused on continuous improvement organization-wide.

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Evidence-Based Management (EBM)

Making management decisions based on hard facts and proven results.