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Vocabulary-style flashcards covering core concepts from the lectures on basic concepts, development, theories, roles, levels, and skills in management.
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Management
The process of planning, organizing, leading, and controlling the activities of an organization effectively and efficiently to achieve its goals; a continuous process ensuring continuity and growth.
Efficiency
The ability to maximize output with minimum input; doing things right and reducing wasted input.
Effectiveness
The capacity to attain an intended objective or result; doing the right thing to meet goals regardless of input.
Planning (Function of Management)
Setting goals and outlining strategies.
Organizing (Function of Management)
Arranging resources and tasks; coordinating activities and people.
Staffing (Function of Management)
Filling roles based on organizational needs and qualifications.
Leading (Function of Management)
Motivating and guiding team members to achieve goals.
Controlling (Function of Management)
Monitoring performance and making adjustments as needed.
Ancient Practices (Development of Management)
Early contributions from civilizations (Chinese, Greek, Roman, Venetian) that laid groundwork for management thought.
Modern Adaptation to Management
Adapting management to competition, laws, and productivity demands.
Industrial Revolution (Management)
Shift toward efficiency and a structured system in organizations.
Scientific Management Theory
Theory applying scientific methods to redesign work processes to increase efficiency; advocate Frederick W. Taylor.
Administrative Management Theory
Focus on the overall administration of an organization; highlighted by Henri Fayol with five functions and fourteen principles.
Quantitative Management Theory
Uses statistical methods and mathematical models to aid decision-making; includes Management Science and Operations Management.
Quality Management Theory
Emphasizes delivering high-quality products/services through continual evaluation, testing, and improvement (Deming, Kaizen, Poka Yoke).
Human Relations Theory
Emphasizes interpersonal relationships, social factors, and group dynamics in influencing performance; associated with Elton Mayo and Hawthorne Studies.
Theory X
McGregor’s view that workers dislike work and require supervision and control.
Theory Y
McGregor’s view that workers are self-driven and capable, favoring empowering leadership.
Henri Fayol
French industrialist who identified five functions and fourteen principles of management.
Five Functions of Management (Fayol)
Planning, Organizing, Leading/Commanding, Coordinating, Controlling.
Fayol’s 14 Principles of Management
Foundational guidelines for managerial practice, including Division of Work, Authority and Responsibility, Discipline, Unity of Command, Unity of Direction, Centralization, Scalar Chain, Equity, Stability of Tenure, Initiative, Esprit de Corps, Remuneration, Order, and more.
Division of Work
Specialization of tasks to increase productivity.
Authority and Responsibility
Clear authority to give orders with corresponding responsibility.
Discipline
Clear expectations and adherence to rules; fair enforcement.
Unity of Command
An employee reports to one superior to avoid conflicting instructions.
Unity of Direction
One plan of action for a group with the same goals.
Centralization
Concentration of decision-making authority at the top levels.
Scalar Chain
Clear line of authority from top to bottom for communication.
Equity
Fairness and justice in treatment of employees.
Stability of Tenure
Longer tenure and loyalty through stable staffing practices.
Initiative
Encouragement of employees to take initiative in pursuit of organizational objectives.
Esprit de Corps
Promoting team spirit and unity within the organization.
Remuneration
Fair compensation and rewards for directed effort.
Order
Arrangement of resources and tasks to maintain an orderly workplace.
Max Weber and Bureaucracy
Weber’s model of rational, fair administration with formal authority, defined hierarchy, impartial rules, and hiring based on qualifications.
Bureaucracy
Model for rational, efficient administration organized around formal rules and a clear hierarchy.
Hawthorne Studies
Research by Elton Mayo showing the importance of social factors and relationships; led to participative management and improved productivity.
Maslow’s Hierarchy of Needs
Motivational model with levels: Physiological, Safety, Belonging, Esteem, and Self-actualization; higher needs motivate once lower ones are met.
Management Science
Quantitative approach using mathematical models to solve problems and aid decision-making.
Operations Management
Branch of quantitative management focusing on applying models in real workplace settings to improve processes.
Quality Management Theory (Deming, Kaizen, Poka Yoke)
An approach focusing on continuous improvement, quality control, and error prevention to enhance performance.
Kaizen
Continuous improvement in processes and performance.
Poka Yoke
Error-proofing techniques to prevent defects.
Deming
W. Edwards Deming; champion of quality management and statistical controls in postwar Japan.
Management Roles (Mintzberg)
Three groups: Interpersonal (Figurehead, Leader, Liaison), Informational (Monitor, Disseminator, Spokesperson), Decisional (Entrepreneur, Disturbance Handler, Resource Allocator, Negotiator).
Mintzberg’s Managerial Roles
A framework classifying a manager’s roles into interpersonal, informational, and decisional categories.
Conceptual Skills
Strategic thinking and problem-solving abilities used by managers.
Human Skills
Communication, leadership, and motivation abilities.
Technical Skills
Task-specific knowledge and operational expertise.
Levels of Management: Top-Level
Strategic planning, long-term goals, external relations; e.g., CEO.
Levels of Management: Middle-Level
Departmental planning, coordination, problem-solving; e.g., Dean, HR Manager.
Levels of Management: Lower-Level
Frontline, daily operations, direct supervision; e.g., Shift Supervisor.