IOM

studied byStudied by 2 people
0.0(0)
learn
LearnA personalized and smart learning plan
exam
Practice TestTake a test on your terms and definitions
spaced repetition
Spaced RepetitionScientifically backed study method
heart puzzle
Matching GameHow quick can you match all your cards?
flashcards
FlashcardsStudy terms and definitions

1 / 114

encourage image

There's no tags or description

Looks like no one added any tags here yet for you.

115 Terms

1

Interpersonal Roles

perform duties that are ceremonial and symbolic in nature.

New cards
2

Figurehead

Is symbolic head; required to perform a number of routine duties of a legal or social nature.

New cards
3

Leader

Is responsible for the motivation and direction of subordinates.

New cards
4

Liaison

Maintains a network of outside contacts who provide favors and information.

New cards
5

Information Roles

managers collect information from organization and institutions outside their own.

New cards
6

Monitor

Receives wide variety of information; serves as nerve center of internal and external information of the organization.

New cards
7

Disseminator

Transmits information received from outsiders or from other subordinates to members of the organization.

New cards
8

Spokesperson

Transmits information to outsiders on organization’s plans, policies, actions, and results; serves as expert on organization’s industry.

New cards
9

Decisional Roles 

Entrepreneur
Disturbance handler

Resource Allocator

New cards
10

Entrepreneur

Searches organization and its environment for opportunities and initiate projects to bring about change.

New cards
11

Disturbance handler

Is responsible for corrective action when organization faces important, unexpected disturbances.

New cards
12

Resource Allocator

Makes or approves significant organizational decisions.

New cards
13

Management skills:

1.Technical Skills

2.Human Skills
3.Conceptual Skills

New cards
14

Technical Skills

encompasses the ability to apply specialized knowledge or expertise. Special knowledge and practices of their field were learned through extensive formal education.

professionals– engineers, surgeons

New cards
15

Human Skills

the ability to work with, understand, and motivate other people, both individually and in groups.

New cards
16

Conceptual Skills

managers have the mental ability to analyze and diagnose complex situations.

New cards
17

Four managerial activities:

1.Traditional Management

2.Communication

3.Human resource management

4.Networking

New cards
18

Traditional Management

decision making, planning, and controlling.

New cards
19

Communication

Exchanging routine information and processing paperwork.

New cards
20

Human resource management

– motivating, disciplining, managing conflict, staffing, and training.

New cards
21

Networking

– Socializing, politicking, and interacting with outsiders.

New cards
22

Manager

– is someone responsible for the work performance of one or more other persons in an organization.

New cards
23

Levels of Management

1.Top Managers

2.Middle managers
3.First line (Frontline) Managers

New cards
24

Top Managers

ensure that major performance objectives are set and accomplished in accord with the organization’s purpose.

-Should pay special attention to the external environment.

New cards
25

Middle managers

report to top managers and oversee the work of large departments or divisions.

Should be able to develop and implement action plans consistent with higher level objectives.

New cards
26

First line (Frontline) Managers

– report to the middle managers and directly supervise non managerial workers.

In charge of single work units and are expected to meet short term performance objectives consistent with the plans of middle and top-level management.

New cards
27

Types of Managers:

1.Line Managers

2.Staff Managers

3.Functional Managers

4.General Managers

5.Administrators – are managers who work in a public or nonprofit organization.

New cards
28

Line Managers

– are responsible for activities making direct contributions to the production of the organization's basic goods or services.

New cards
29

Staff Managers

– use special technical expertise to advise and support the efforts of line workers.

New cards
30

Functional Managers

– are responsible for one area of activity such as finance, marketing, production, personnel, accounting or sales.

New cards
31

.General Managers

– are responsible for complex organizational units that include many areas of functional activity.

New cards
32

Administrators

– are managers who work in a public or nonprofit organization.

New cards
33

Interpersonal Roles:

1.Figurehead
2.Leader
3.Liaison

New cards
34

Information Roles:

1.Monitor
2.Disseminator
3.Spokesperson

New cards
35

 

Management Process

is defined as the process, composed of interrelated social and technical functions and activities (including roles), occurring in a formal organizational setting for the purpose of accomplishing predetermined objectives through the utilization of human and other resources.

New cards
36

Functions of Management:

1.PLANNING
2.ORGANIZING
3.STAFFING
4.DIRECTING
5.CONTROLLING

New cards
37

Planning

  • it is a process of deciding the business objectives and charting out the plan/ method for achieving the same. This includes determination of what is to done, who will do it and how results are to be evaluated.

  • it is a systematic thinking about ways and means for accomplishment of pre-determined goals

New cards
38

Organizing

-refers to the structured which results from identifying and grouping the work, defining and delegating responsibility and authority and establishing relationships.

- it is the process of bringing together  physical, financial and human resources and developing productive relationship amongst them for achievement of organizational goals.

- to organize a business is to provide it with everything useful or its functioning i.e. raw materials, tools, capital and personnel.

New cards
39

Staffing

— it is a function of managing the organization structure and keeping it manned.

- the main purpose of staffing is to put right man on the right job

- managerial function of staffing involves manning the organization structure through proper and effective selection, appraisal, and development of personnel to fill the role designed on the structure

New cards
40

Staffing involves;

1.Manpower planning

2.Recruitment, selection and placement

3.Training and development

4.Remuneration

5.Performance appraisal

6.Promotion and transfer

New cards
41

Directing

— it is part of the managerial functions which actuates the organizational methods to work efficiently for achievement of organizational purposes.

- it is considered life-spark of the enterprise which sets it in motion the action of people because planning, organizing and staffing are the mere preparations for doing the work.

New cards
42

Elements of Directing

1.Supervision

2.Motivation

3.Leadership

4.Communications

New cards
43

1.Supervision

– implies overseeing the work of subordinates by their superiors. It is the act of watching and directing work and workers.

New cards
44

2.Motivation

– means inspiring, stimulating or encouraging the subordinates with zeal to work.

New cards
45

3.Leadership

– may be defined as a process by which manager guides and influence the work of subordinates in desired direction

New cards
46

4.Communications

– the process of passing information, experience, opinions from one person to another. It is a bridge of understanding.

New cards
47

Controlling

- it implies measurement of accomplishment against the standards and correction of deviation if any to ensure achievement of organizational goals.

-the process of checking whether or not proper progress is being made towards the objectives and goals and acting if necessary, to correct any deviation

New cards
48

Steps in controlling:

1.Establishment of standard performance

2.Measurement of actual performance

3.Comparison of actual performance with the standards and finding out deviation if any.

4.Corrective action.

New cards
49

MANAGEMENT

ENSURE THE SUCCESS OF THE ORGANIZATION BY FOCUSING ON THE PERFORMANCE OF PEOPLE WHO FILL MANAGEMENT POSITIONS, RATHER THAN RELYING SOLELY ON ORGANIZATIONAL DESIGN.

New cards
50

MANAGER

SOMEONE WHO HELPS AN ORGANIZATION SUCCEED BY MAKING DECISIONS AND SOLVING PROBLEMS.

New cards
51

MANAGERS ARE RESPONSIBLE FOR:

1.THE USE OF TOOLS FOR DECISION MAKING AND INFORMATION PROCESSING 

2.THE BALANCE USE OF TECHNOLOGY WITH HUMAN RESOURCES

3.SUPPORTING THE DISTRIBUTION OF POWER

New cards
52

COORDINATION

refers to organizing or working together to achieve a common goal effectively.

New cards
53

MANAGERIAL CONTROLS HELP FIND PROBLEMS THAT NEED FIXING.

LIKE TOO MANY PRODUCT REJECTIONS, HIGH WORKER TURNOVER, HIGH LABOR COSTS, OR EQUIPMENT FAILURES, SO THAT THE NECESSARY CHANGES CAN BE MADE.

New cards
54

CONTROLS ALSO REVEAL AREAS OF STRENGTH THAT SHOULD BE FURTHER LEVERAGED

LIKE GROWING PRODUCT POPULARITY, MORE ORDERS, OR NEW SOURCES OF MATERIALS. THIS HELPS MANAGEMENT TAKE ADVANTAGE OF THESE OPPORTUNITIES TO GROW THE BUSINESS.

New cards
55

GOOD CONTROLS HELP MANAGERS TAKE ACTION BY POINTING OUT BOTH PROBLEMS AND OPPORTUNITIES.

— THEY SHOW WHEN CHANGES ARE NEEDED TO FIX ISSUES OR IMPROVE HOW THINGS ARE DONE, HELPING THE COMPANY ADAPT WHEN NECESSARY.

New cards
56

MANAGEMENT BY PREDETERMINED POLICIES

MANAGEMENT BY ACTION ON THE EXCEPTION PRINCIPLE

New cards
57

MANAGEMENT SCIENCE

APPLICATION OF SCIENTIFIC METHODS TO SOLVE BUSINESS PROBLEMS, PROVIDING AN INTEGRATED PERSPECTIVE ON OPERATIONS AND DECISION-MAKING.

New cards
58

HISTORICAL CONTEXT

THE CONCEPT OF MANAGEMENT SCIENCE EMERGED AS INDUSTRIES TRANSITIONED FROM RULE-OF-THUMB METHODS TO SCIENTIFIC TECHNIQUES DRIVEN BY THE NEED FOR PRECISION AND EFFICIENCY IN MANAGING COMPLEX OPERATIONS.

New cards
59

FREDERICK W. TAYLOR

THE 'FATHER OF SCIENTIFIC MANAGEMENT,' INTRODUCED PRINCIPLES LIKE RESEARCH, STANDARDIZATION, CONTROL AND COOPERATION STARTING IN 1880 AT MIDVALE STEEL.

New cards
60

HENRY L. GANTT

DEVELOPED THE GANTT CHART FOR SCHEDULING AND RECOGNIZED THE IMPORTANCE OF WORKER PSYCHOLOGY CREATOR OF BONUS PLANS

New cards
61

CARL G. BARTH

INTEGRATED MATHEMATICS INTO MACHINE TOOL OPERATIONS

New cards
62

MANAGEMENT SCIENCE TO INDUSTRIAL ENGINEERING

  • ENGINEERING BECAME CLOSELY TIED TO ENTERPRISE MANAGEMENT.

New cards
63
  • THE TERM "INDUSTRIAL ENGINEERING" EMERGED TO DESCRIBE WORK INVOLVING:

  • INCENTIVE STANDARDS

  • METHODS ANALYSIS

  • QUALITY CONTROL

  • PRODUCTION CONTROL

  • COST CONTROL

  • MATERIALS HANDLING

New cards
64

EXPANSION OF INDUSTRIAL ENGINEERING

INDUSTRIAL ENGINEERING WAS EXTENDED TO AREAS LIKE:

  • ORGANIZATION

  • SALES

  • FINANCE

  • OFFICE OPERATIONS

  • INVENTORY AND TOOL CONTROL

New cards
65

1.OBTAIN THE FACTS PERTAINING TO THE SITUATION. THESE FACTS MUST BE CHECKED, REFINED, AND CLARIFIED FOR ACCURACY.

2. IDENTIFY THE PROBLEM INVOLVED IN THE SITUATION.

3. ENUMERATE THE PRINCIPLES OR LAWS APPLICABLE TO THE PROBLEM AND SELECT THOSE WHICH APPEAR TO PREDOMINATE.

4. FORMULATE ALTERNATIVE SOLUTIONS.

5. SELECT THE SOLUTION OR COMBINATION OF SOLUTIONS MOST APPROPRIATE.

6.TEST THE SOLUTION FOR POSSIBLE RESULTS.

7. APPLY THE SOLUTION TO THE SPECIFIC PROBLEM SITUATION.

SCIENTIFIC METHOD APPLIED TO MANAGEMENT

New cards
66

-OPERATIONS RESEARCH (OR) APPLIES SCIENTIFIC METHODS TO SOLVE OPERATIONAL PROBLEMS IN BUSINESS, GOVERNMENT, AND THE MILITARY.

• ITS GOAL IS TO PROVIDE A QUANTITATIVE UNDERSTANDING OF OPERATIONS, HELPING MANAGEMENT MAKE BETTER DECISIONS.

• OPERATIONS RESEARCH (OR) EMERGED AFTER WORLD WAR II WHEN SCIENTISTS APPLIED SCIENTIFIC MANAGEMENT PRINCIPLES TO WARTIME NEEDS, LEADING TO THE DEVELOPMENT OF TECHNIQUES LIKE STATISTICAL QUALITY CONTROL AND ELECTRONIC CALCULATORS.

OPERATIONS RESEARCH
(JOHN F. MAGEE)

New cards
67

TECHNICAL CONTROLS

ARE THE HARDWARE AND SOFTWARE COMPONENTS THAT PROTECT A SYSTEM AGAINST CYBERATTACKS. MANAGEMENT INVOLVES SETTING PRE-PLANNED ACTIONS TO HANDLE TASKS, OFTEN WITH THE HELP OF MACHINES OR WORKERS.

New cards
68

COMMUNICATION

REFERS TO THE PROCESS OF EFFECTIVELY SHARING DATA, INSIGHTS, AND RECOMMENDATIONS TO DECISION-MAKING AND IMPROVE OPERATIONAL EFFICIENCY.

New cards
69

DR. RICHARD PETERSON RECOMMENDS THAT MANAGERS CLASSIFY INFORMATION INTO FIVE CATEGORIES TO IDENTIFY WHAT’S TRULY USEFUL:

1. DECISIVE INFORMATION
2. IMPLEMENTATION INFORMATION

3. REQUIRED INFORMATION

4. RESTRICTED INFORMATION

5. PERSUASIVE INFORMATION

New cards
70

1. DECISIVE INFORMATION

- DATA THAT HAS A POSITIVE VALUE FOR IMPROVING DECISIONS.

New cards
71

2. IMPLEMENTATION INFORMATION

- ROUTINE DATA THAT ARE NEEDED TO INCREASE THE EFFICIENCY OF OPERATIONS.

New cards
72

3. REQUIRED INFORMATION

- DATA GENERATED BY A COMPANY TO MEET REGULATIONS AND TO SATISFY EXPLICIT OR IMPLICIT COMMITMENTS

New cards
73

4. RESTRICTED INFORMATION

- CONFIDENTIAL DATA THAT WOULD BE POTENTIALLY HARMFUL TO THE ORGANIZATION IF THEY BECAME GENERALLY KNOWN.

New cards
74

5. PERSUASIVE INFORMATION

- FILTERED INFORMATION UTILIZED TO IMPROVE A COMPANY’S PUBLIC IMAGE OR TO INFLUENCE A DECISION

New cards
75

ELECTRONIC DATA PROCESSING

- ELECTRONICS HAS GREATLY IMPROVED MANAGEMENT'S ABILITY TO COLLECT, ANALYZE, AND ACCESS INFORMATION QUICKLY AND ACCURATELY.

New cards
76

PERSONNEL

- INDIVIDUALS WHO LEVERAGE THEIR PROCESS KNOWLEDGE AND EXPERIENCE TO ENHANCE PRODUCTIVITY AND IMPLEMENT PROCESS IMPROVEMENTS.

New cards
77

CONSULTANTS

- A PROFESSIONAL WHO SPECIALIZES IN EXAMINING AND IMPROVING A COMPANY'S BUSINESS OPERATIONS BY ANALYZING THEIR PROCESSES, SYSTEMS, AND STRATEGIES, IDENTIFYING INEFFICIENCIES, AND RECOMMENDING SOLUTIONS TO OPTIMIZE PERFORMANCE AND ACHIEVE GREATER EFFICIENCY, OFTEN USING DATA-DRIVEN METHODOLOGIES LIKE PROCESS MAPPING AND PERFORMANCE METRICS.

New cards
78

MANAGEMENT INFORMATION SYSTEM

IS A STRUCTURED FRAMEWORK DESIGNED TO HELP ORGANIZATIONS MANAGE THEIR OPERATIONS AND MAKE INFORMED DECISIONS AT ALL LEVELS OF MANAGEMENT.

New cards
79

IT HELPS ORGANIZATIONS MANAGE THEIR DATA EFFICIENTLY, IT.

-COLLECTS

- PROCESSES

- STORES

- DISSEMINATE INFORMATION TO THE RIGHT PEOPLE AT THE RIGHT TIME.

New cards
80

OBJECTIVES OF MIS

1. SYSTEMATIC AND STRUCTURED

2. INTEGRATED

3. ACCURATE AND RELEVANT

4. TIMELY

5. FLEXIBLE

6. DECISION ORIENTED

New cards
81

ROLES OF MIS IN MANAGEMENT

1. DECISION MAKING

2. PLANNING

3. CONTROL

4. COORDINATION

5. PERFORMANCE MONITORING

6. REAL TIME MONITORING AND REPORTS

New cards
82

PROCESS OF MIS

1. DATA COLLECTION
•Internal operations

•External reports

2. Data processing

3. Data storage

4. Data distribution

5. Feedback and analysis

Collection>Process>Storage>

Distribution>Feedback

New cards
83

DEVELOPMENT OF MIS

These systems were isolated, focusing on individual tasks with no connection between different data files. Over time, organizations realized the need to combine isolated data files into a centralized database.

New cards
84

BENEFITS OF MIS

1. Improved Productivity

2. Real-Time Control of Operations

3. Enhanced Decision-Making

New cards
85

What is operations analysis?

It is the study of processes and systems to improve efficiency and performance using data, models, and decision-making techniques.

New cards
86

What is future operations analysis?

Future Operations Analyses examines how advancing technology, especially in computing, will improve operations management by optimizing processes like production, inventory, and transportation through faster systems, better problem-solving, and efficient management solutions.

New cards
87

The book highlights the future of operations management and how advancements in computer systems, problem-solving techniques, and management science are transforming how businesses operate.

1. COMPUTERS WILL BECOME MORE POWERFUL
2. GROWTH OF SMALL-SCALE COMPUTER SYSTEMS (Minicomputers)

3. ADVANCES IN MANAGEMENT SCIENCE
4. TOWARDS A FULLY INTERCONNECTED MANAGEMENT SYSTEM

New cards
88

What Are Minicomputers?

Smaller, more affordable computers that are less powerful than large-scale systems (mainframes) but still capable of handling complex tasks.

New cards
89

What is Management Science?

The study of how to solve problems and make decisions in organizations using scientific methods.

a. Solving Complex Problems

b. More Realistic Simulations

New cards
90

4. TOWARDS A FULLY INTERCONNECTED MANAGEMENT SYSTEM

The goal is to create a total management system where all business functions are connected. This includes Behavioral Systems, Data-Processing Systems, Production and Processing Systems, Information Systems, and Transportation Systems.

New cards
91

5. WHY THIS INTERCONNECTION MATTERS

As business operations grow more complex, a fully

interconnected system is necessary for three major reasons:

a. To Handle large volumes of data.

b. To Improve efficiency and reduce errors.

c. To Enable real-time decision-making across all parts of the organization.

New cards
92

Organization

a plan for bringing assets into the position of greatest effectiveness or productivity

consists of grouping of operations to achieve the advantages of specialization, the designation of those who are to supervise each of these groups of operations and those who are to serve these operations.

New cards
93

Management Structure

the primary purpose is to facilitate the coordination and control over the activities of the company.

New cards
94

Major Functions (Groups) of the Industrial Enterprise:

Policy Group
Administrative Group

New cards
95

Policy Group

responsible for the establishment of policies for all segments of the enterprise, has direct operating responsibility for relations with stockholders, external investments, public relations exclusive of customer and vendor relations and legal relations both internal and external.

New cards
96

Administrative Group

includes all other functions, primarily internal in nature, which operates under broad instruction or policies established by the top management or policy group

New cards
97

Administrative Functions:

Product Development
Purchasing
Industrial relations

Manufacturing

Marketing
Internal Finance and other Office Services

New cards
98

Organizational Structure

It defines how jobs and tasks are formally divided, grouped and coordinated.

New cards
99

Purchasing

all activities connected to procurement from outside vendors of materials, parts, supplies, equipment, and tooling. (procurement, Material investigation, subcontracting)

New cards
100

Industrial relations

employment, training and communications, health and safety, employee service and benefits, labor relations, wage and salary administration

New cards
robot