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Decisional roles in management
Managers make choices and take actions involving resource allocation, negotiation, conflict resolution (entrepreneur, disturbance handler, resource allocator, negotiator).
Definition of management
Process of achieving organizational goals through planning, organizing, leading, and controlling resources.
Functions of management
Planning, organizing, leading, controlling (originally Fayol's five: planning, organizing, commanding, coordinating, controlling).
Mintzberg's types of roles in management
Interpersonal (leader, figurehead, liaison); Informational (monitor, disseminator, spokesperson); Decisional (entrepreneur, disturbance handler, resource allocator, negotiator).
Efficiency vs effectiveness
Efficiency = doing things right with minimal resources; Effectiveness = doing the right things to achieve goals.
Three main types of management skills
Technical skills, Human skills, Conceptual skills.
Management skills at each level
Top managers = conceptual; Middle managers = balanced; First-line managers = technical.
Mintzberg's entrepreneur role
Initiating change, innovation, improving operations, adapting to new conditions.
Father of scientific management
Frederick Winslow Taylor.
Behavioral sciences approach
Uses psychology, sociology, anthropology, and economics to study human behavior in organizations; basis for OD and HR practices.
Theory X vs Theory Y (Douglas McGregor)
Theory X = people dislike work, need direction, prefer security. Theory Y = people enjoy work, seek responsibility, can be self-directed.
Major management philosophies
Classical perspective; Humanistic perspective; Management science/quantitative perspective; Contingency view; Systems thinking.
Task environment
External factors that directly affect the organization: customers, competitors, suppliers, labor market.
Dimensions of the environment
International, technological, sociocultural, economic, legal-political, natural.
Corporate culture
Shared values, beliefs, understandings, and norms expressed via symbols, stories, heroes, slogans, ceremonies.
Corporate values
Core beliefs guiding behavior and decisions; expressed in slogans and reinforced through heroes, rituals, and stories.
Environmental uncertainty
Managers lack information to predict changes. High uncertainty = many factors, rapid change. Low uncertainty = few factors, stable.
High vs low context culture
High context = relationship-focused, implicit communication (e.g., China). Low context = explicit, direct communication (e.g., U.S.).
Business expansion internationally
Exporting; Global outsourcing/offshoring; Partnerships (joint ventures, alliances); Direct investment (MNCs).
Long-term vs short-term orientation
Long-term = focus on future, thrift, perseverance. Short-term = focus on past/present, tradition, obligations.
Power distance
Extent to which inequality in power is accepted in organizations and society.
Hofstede's cultural values
Power distance, Uncertainty avoidance, Individualism vs collectivism, Masculinity vs femininity, Long vs short-term orientation.
Masculine vs feminine cultural preference
Masculinity = achievement, assertiveness, material success. Femininity = cooperation, quality of life, consensus.