Management involves planning, organizing, leading and controlling activities to achieve organizational goals. The four types of planning are strategic, tactical, operational and contingency. Organizing establishes the organizational structure by grouping tasks, jobs and employees. Leadership styles like autocratic, participative and free rein influence corporate culture. [/SUMMARY]
1. The document discusses different theories of employee motivation including Frederick Taylor's scientific management theory, Elton Mayo's Hawthorne studies, and Maslow's hierarchy of needs.
2. Taylor believed employees are motivated primarily by economic incentives while the Hawthorne studies found that workers respond positively to attention from managers.
3. Maslow's hierarchy proposes that people are motivated to fulfill basic physiological needs, safety needs, social needs, esteem needs, and self-actualization needs.
Organizational behaviour (OB) is defined as the field devoted to understanding and improving the attitudes and behaviors of individuals and groups in organizations. The chapter introduces OB and discusses how knowledge in the field is developed scientifically. Key points covered include:
- OB aims to understand and improve individual and group behaviors and attitudes.
- Scientific research methods like empirical studies and meta-analyses are used to develop theories and understand relationships between variables related to OB concepts like job satisfaction and performance.
- Correlation analysis is used to test hypotheses, but correlation does not prove causation on its own. Multiple studies are analyzed together through meta-analysis.
This document provides an overview of motivation theories and concepts. It discusses:
- Intrinsic and extrinsic motivation
- Expectancy theory, which posits that effort leads to performance and performance leads to outcomes
- Need theories like Maslow's hierarchy of needs and ERG theory
- Equity theory and the importance of fair outcomes
- Goal-setting theory and specific, difficult goals
- Learning theories like operant conditioning and social learning theory
- The relationship between pay and motivation
It provides examples and explanations of key motivation concepts to understand employee motivation.
The document discusses theories and factors related to motivating employees. It covers early theories like Maslow's hierarchy of needs and Herzberg's motivation-hygiene theory. Contemporary theories discussed include goal-setting theory, reinforcement theory, job design models, equity theory and expectancy theory. Current issues around motivating diverse workforces and different types of employees are also examined. The document provides guidelines for applying motivation concepts in practice.
This document discusses motivation, mobilization, and performance. It defines these terms and explores various theories related to motivation, such as Maslow's hierarchy of needs, Herzberg's two-factor theory, and Vroom's expectancy theory. It also discusses how to mobilize resources through planning and challenges that may arise. Finally, it examines definitions and measures of organizational performance, importance of measuring performance, tools for monitoring performance, and the manager's role in achieving high performance.
This document discusses motivating and satisfying employees in the workplace. It covers psychological contracts, job satisfaction, morale and various theories of motivation including Maslow's hierarchy of needs, expectancy theory and equity theory. It then discusses strategies to enhance job satisfaction like reinforcement, management by objectives, job enrichment and modified work schedules. Finally, it discusses managerial styles, contingency leadership and motivation in the 21st century workplace.
This document summarizes a workshop on motivation given by Rick Miller of Pro356 Consulting. The workshop examined what is known about motivation and whether typical business approaches align with research findings. Miller discussed the history of motivation theories, from Motivation 1.0 focusing on survival instincts to modern Motivation 3.0 emphasizing self-motivation. Key theorists such as Herzberg and Deming were cited for challenging traditional views of using only external rewards and punishments. The workshop addressed open questions about whether incentive plans achieve long-term goals and how motivation is impacted in today's work environments.
The document discusses theories of motivation and their application in international human resource management. It examines Maslow's hierarchy of needs theory, Herzberg's two-factor theory, and achievement motivation theory. It also discusses process theories like equity theory, goal-setting theory, and expectancy theory. Finally, it discusses how understanding job design, work centrality, and rewards can help motivate employees globally while considering cultural differences.
1. The document discusses different theories of employee motivation including Frederick Taylor's scientific management theory, Elton Mayo's Hawthorne studies, and Maslow's hierarchy of needs.
2. Taylor believed employees are motivated primarily by economic incentives while the Hawthorne studies found that workers respond positively to attention from managers.
3. Maslow's hierarchy proposes that people are motivated to fulfill basic physiological needs, safety needs, social needs, esteem needs, and self-actualization needs.
Organizational behaviour (OB) is defined as the field devoted to understanding and improving the attitudes and behaviors of individuals and groups in organizations. The chapter introduces OB and discusses how knowledge in the field is developed scientifically. Key points covered include:
- OB aims to understand and improve individual and group behaviors and attitudes.
- Scientific research methods like empirical studies and meta-analyses are used to develop theories and understand relationships between variables related to OB concepts like job satisfaction and performance.
- Correlation analysis is used to test hypotheses, but correlation does not prove causation on its own. Multiple studies are analyzed together through meta-analysis.
This document provides an overview of motivation theories and concepts. It discusses:
- Intrinsic and extrinsic motivation
- Expectancy theory, which posits that effort leads to performance and performance leads to outcomes
- Need theories like Maslow's hierarchy of needs and ERG theory
- Equity theory and the importance of fair outcomes
- Goal-setting theory and specific, difficult goals
- Learning theories like operant conditioning and social learning theory
- The relationship between pay and motivation
It provides examples and explanations of key motivation concepts to understand employee motivation.
The document discusses theories and factors related to motivating employees. It covers early theories like Maslow's hierarchy of needs and Herzberg's motivation-hygiene theory. Contemporary theories discussed include goal-setting theory, reinforcement theory, job design models, equity theory and expectancy theory. Current issues around motivating diverse workforces and different types of employees are also examined. The document provides guidelines for applying motivation concepts in practice.
This document discusses motivation, mobilization, and performance. It defines these terms and explores various theories related to motivation, such as Maslow's hierarchy of needs, Herzberg's two-factor theory, and Vroom's expectancy theory. It also discusses how to mobilize resources through planning and challenges that may arise. Finally, it examines definitions and measures of organizational performance, importance of measuring performance, tools for monitoring performance, and the manager's role in achieving high performance.
This document discusses motivating and satisfying employees in the workplace. It covers psychological contracts, job satisfaction, morale and various theories of motivation including Maslow's hierarchy of needs, expectancy theory and equity theory. It then discusses strategies to enhance job satisfaction like reinforcement, management by objectives, job enrichment and modified work schedules. Finally, it discusses managerial styles, contingency leadership and motivation in the 21st century workplace.
This document summarizes a workshop on motivation given by Rick Miller of Pro356 Consulting. The workshop examined what is known about motivation and whether typical business approaches align with research findings. Miller discussed the history of motivation theories, from Motivation 1.0 focusing on survival instincts to modern Motivation 3.0 emphasizing self-motivation. Key theorists such as Herzberg and Deming were cited for challenging traditional views of using only external rewards and punishments. The workshop addressed open questions about whether incentive plans achieve long-term goals and how motivation is impacted in today's work environments.
The document discusses theories of motivation and their application in international human resource management. It examines Maslow's hierarchy of needs theory, Herzberg's two-factor theory, and achievement motivation theory. It also discusses process theories like equity theory, goal-setting theory, and expectancy theory. Finally, it discusses how understanding job design, work centrality, and rewards can help motivate employees globally while considering cultural differences.
This paper discusses workplace motivation and its effects on productivity, performance, and employees. It analyzes motivational strategies used by the U.S. Army, including the National Security Personnel System (NSPS) which linked pay to performance metrics. While intended to increase productivity, NSPS faced resistance from employees who were excluded from the adoption process. The paper also examines motivation's impact on management and employees, the role of intrinsic versus extrinsic motivation, and how applying different motivation theories could affect an organization. It concludes that motivational programs should provide learning opportunities to engage employees in developing skills that further organizational goals.
This document discusses theories of motivation and motivating employees. It begins with objectives to understand motivation concepts and their importance in organizations. Intrinsic motivation is defined as performing an activity for its own sake rather than external rewards. Extrinsic motivation comes from outside rewards like money or praise. Several theories of motivation are introduced, including Maslow's hierarchy of needs and Herzberg's two-factor theory involving hygiene and motivator factors. The document outlines group activities for students to demonstrate different aspects of motivation. It emphasizes that motivated employees improve organizational performance.
The document provides a summary of Peter Drucker's background and publications on management. It discusses that Drucker was educated in Austria and England and came to the US in 1937. It outlines some of his major works including The Practice of Management (1954), which depicted management as a distinct function. It also summarizes some of Drucker's concepts from The Effective Executive (1966) including that effectiveness can be learned through certain practices and habits.
Motivation in software project developmentTilakpoudel2
1. The document discusses motivation in the context of a presentation about motivating project teams. It defines motivation and discusses theories of intrinsic and extrinsic motivation.
2. Maintaining motivation throughout a project's lifecycle is important for project success. Poor support from management and internal conflicts can demotivate teams.
3. Some initiatives that can motivate people include setting goals, promoting innovation, celebrating wins, setting a good example, and identifying how the project aligns with personal goals. Fostering organic team development and group problem solving can also boost motivation.
Here are the key differences between policies and procedures:
- Policies outline general guidelines and philosophies, while procedures provide specific step-by-step instructions.
- Policies explain the "why" behind actions, while procedures explain the "how".
- Policies allow for some flexibility, while procedures aim to standardize processes.
- Policies communicate values and culture, while procedures ensure tasks are completed consistently.
- Policies apply broadly, while procedures focus on specific routine tasks.
So in summary, policies provide the overarching framework while procedures operationalize policies into concrete workflows. Both are important for effective planning and management.
The document discusses ethics in human resource management. It introduces ethics and defines it as dealing with moral principles that govern behavior and differentiate between right and wrong. Ethics in HRM indicates fair treatment of employees. Regulations that guide ethics include internal policies on recruitment, promotion, discrimination, and harassment as well as external laws. Examples are provided of discrimination lawsuits and sexual harassment cases. Ethical decision making in HRM involves identifying problems, developing alternatives, and recommending solutions while considering stakeholders and organizational goals.
The document discusses various ways to motivate employees from the perspective of a company manager. It defines motivation and lists theories of motivation. It also discusses the importance of motivation for both individuals and businesses. Finally, it provides examples of financial and non-financial ways for managers to motivate employees, such as flexible work schedules, recognition programs, stock options, and job enrichment.
This document provides an overview of different motivation theories and how they can be applied in organizations. It discusses content motivation theories like Maslow's hierarchy of needs theory and process motivation theories like expectancy theory. It also covers reinforcement theory and different types of reinforcement. The document seeks to explain these theories and how managers can use them to motivate employees and improve performance.
IB Business and Management (Standard Level)
All material taken from the IB Business and Management Textbook:
"Business and Management", Paul Hoang, IBID Press, Victoria, 2007
This document summarizes a research study on the impact of employee motivation on performance in private firms in Multan, Pakistan. The study found that employee motivation is important for both employee and firm performance. A questionnaire was administered to employees across different levels and departments. The results showed that most employees were satisfied with their work, and that supervisors play an important role in motivating employees through listening, communicating expectations, and supporting development. Overall, the study concluded that motivated employees are more productive and that firms should focus on motivating employees to improve performance.
The document discusses several theories related to management and organizational behavior, including contingency theory, technology determinism, and stakeholder theory. Contingency theory claims there is no single best way to organize and that the optimal approach depends on internal and external factors. Technology determinism argues technologies directly impact organizational attributes like span of control. Stakeholder theory identifies six groups that influence organizations: technology, suppliers, customers, government, unions, and consumer groups.
The document discusses several theories of motivation:
1. Frederick Taylor believed workers are motivated mainly by pay and breaking work into small repetitive tasks. However, this led to worker dissatisfaction.
2. Elton Mayo found workers are motivated by social factors like interaction and attention from managers.
3. Abraham Maslow's hierarchy of needs theory proposes workers must have lower level needs met like pay before pursuing higher needs like fulfillment.
4. Frederick Herzberg argued motivators like interesting work that provides responsibility are more effective than dissatisfiers like pay. Methods like job enrichment and empowerment can motivate.
Motivation is an important factor that encourages employees to perform well and help achieve organizational goals. There are two types of motivation - positive motivation uses rewards to encourage goal-directed behavior, while negative motivation relies on punishments to reduce performance. Motivation is a continuous psychological process that involves need recognition, goal-setting, evaluation, and reassessment of needs based on rewards or punishments. An individual's self-concept and ability to achieve goals are important factors in the motivation process.
This document discusses various topics related to property management including site management, human resources, management styles, employee motivation, and planning and recruiting. It provides an overview of key considerations and responsibilities for site managers. It also discusses different management styles like Theory X, Theory Y, and Theory Z. Additionally, it covers topics such as intergenerational dynamics, goal setting, rewarding employees, and conducting job analyses.
This document provides information on management concepts and functions. It distinguishes between administration and management, defines key management roles and functions, and outlines the evolution of management thought from classical to modern approaches. The trends and challenges of managing in a global scenario are also discussed, including the importance of planning, the management by objectives (MBO) process, and how to implement policies and strategies.
The strategic management process involves six steps that managers use to develop an organization's strategies:
1. Identify the organization's current mission, goals, and strategies
2. Do an external analysis
3. Do an internal analysis
4. Formulate strategies
5. Implement strategies
6. Evaluate results
The end result is a set of corporate, competitive, and functional strategies that allow the organization to achieve its goals.
This document provides an overview of strategic management. It defines strategic management and outlines its key benefits. It describes the strategic management process, which includes identifying vision/mission, conducting SWOT analysis, formulating strategy, implementing strategy, and evaluating strategy. It also discusses the three levels of strategy - corporate, business, and functional. Finally, it explains concepts like growth strategy, stability strategy, vertical integration, horizontal integration, diversification, and concentration strategy.
This document summarizes topics presented to Professor Ishan Diwedi, including definitions of management, its functions, fields like financial management, production management, and office management. Problems faced in each field are also outlined, along with two real world examples: the 1993 Pepsi syringe crisis managed through effective communication, and the 1984 Bhopal gas tragedy in India exposing hundreds of thousands to toxic gases.
This document discusses strategic planning and management. It begins by recapping the four basic managerial functions of planning, organizing, leading, and controlling. It then expands on the planning function, explaining that there are both short-term operational plans and long-term strategic plans. Strategic planning involves setting goals, developing strategies to achieve those goals, and determining tactics. The key elements of strategic management are strategic formulation, implementation, and evaluation. Strategic analysis is a critical part of the process and involves assessing the organization's vision, mission, values, and internal and external environments.
Management involves planning, organizing, leading, and controlling organizational resources to achieve goals. The document outlines the five main management functions: planning, organizing, staffing, controlling, and leading. Planning involves setting objectives and determining how to achieve them. Organizing groups people into departments based on their tasks. Staffing acquires and develops employees. Controlling evaluates performance against plans and takes corrective actions. Leading provides guidance and motivation to employees.
1. The document discusses the purpose and importance of management, the features and characteristics of management, and the distinction between management, organization, and administration.
2. It states that the main purpose of management is to establish an environment where organizational goals can be achieved efficiently. Management makes human effort more productive and allows individuals to best contribute to group objectives.
3. Key characteristics of management are that it is usually associated with group efforts, accomplished through others' efforts, purposeful, action-oriented, indispensable, and intangible.
This paper discusses workplace motivation and its effects on productivity, performance, and employees. It analyzes motivational strategies used by the U.S. Army, including the National Security Personnel System (NSPS) which linked pay to performance metrics. While intended to increase productivity, NSPS faced resistance from employees who were excluded from the adoption process. The paper also examines motivation's impact on management and employees, the role of intrinsic versus extrinsic motivation, and how applying different motivation theories could affect an organization. It concludes that motivational programs should provide learning opportunities to engage employees in developing skills that further organizational goals.
This document discusses theories of motivation and motivating employees. It begins with objectives to understand motivation concepts and their importance in organizations. Intrinsic motivation is defined as performing an activity for its own sake rather than external rewards. Extrinsic motivation comes from outside rewards like money or praise. Several theories of motivation are introduced, including Maslow's hierarchy of needs and Herzberg's two-factor theory involving hygiene and motivator factors. The document outlines group activities for students to demonstrate different aspects of motivation. It emphasizes that motivated employees improve organizational performance.
The document provides a summary of Peter Drucker's background and publications on management. It discusses that Drucker was educated in Austria and England and came to the US in 1937. It outlines some of his major works including The Practice of Management (1954), which depicted management as a distinct function. It also summarizes some of Drucker's concepts from The Effective Executive (1966) including that effectiveness can be learned through certain practices and habits.
Motivation in software project developmentTilakpoudel2
1. The document discusses motivation in the context of a presentation about motivating project teams. It defines motivation and discusses theories of intrinsic and extrinsic motivation.
2. Maintaining motivation throughout a project's lifecycle is important for project success. Poor support from management and internal conflicts can demotivate teams.
3. Some initiatives that can motivate people include setting goals, promoting innovation, celebrating wins, setting a good example, and identifying how the project aligns with personal goals. Fostering organic team development and group problem solving can also boost motivation.
Here are the key differences between policies and procedures:
- Policies outline general guidelines and philosophies, while procedures provide specific step-by-step instructions.
- Policies explain the "why" behind actions, while procedures explain the "how".
- Policies allow for some flexibility, while procedures aim to standardize processes.
- Policies communicate values and culture, while procedures ensure tasks are completed consistently.
- Policies apply broadly, while procedures focus on specific routine tasks.
So in summary, policies provide the overarching framework while procedures operationalize policies into concrete workflows. Both are important for effective planning and management.
The document discusses ethics in human resource management. It introduces ethics and defines it as dealing with moral principles that govern behavior and differentiate between right and wrong. Ethics in HRM indicates fair treatment of employees. Regulations that guide ethics include internal policies on recruitment, promotion, discrimination, and harassment as well as external laws. Examples are provided of discrimination lawsuits and sexual harassment cases. Ethical decision making in HRM involves identifying problems, developing alternatives, and recommending solutions while considering stakeholders and organizational goals.
The document discusses various ways to motivate employees from the perspective of a company manager. It defines motivation and lists theories of motivation. It also discusses the importance of motivation for both individuals and businesses. Finally, it provides examples of financial and non-financial ways for managers to motivate employees, such as flexible work schedules, recognition programs, stock options, and job enrichment.
This document provides an overview of different motivation theories and how they can be applied in organizations. It discusses content motivation theories like Maslow's hierarchy of needs theory and process motivation theories like expectancy theory. It also covers reinforcement theory and different types of reinforcement. The document seeks to explain these theories and how managers can use them to motivate employees and improve performance.
IB Business and Management (Standard Level)
All material taken from the IB Business and Management Textbook:
"Business and Management", Paul Hoang, IBID Press, Victoria, 2007
This document summarizes a research study on the impact of employee motivation on performance in private firms in Multan, Pakistan. The study found that employee motivation is important for both employee and firm performance. A questionnaire was administered to employees across different levels and departments. The results showed that most employees were satisfied with their work, and that supervisors play an important role in motivating employees through listening, communicating expectations, and supporting development. Overall, the study concluded that motivated employees are more productive and that firms should focus on motivating employees to improve performance.
The document discusses several theories related to management and organizational behavior, including contingency theory, technology determinism, and stakeholder theory. Contingency theory claims there is no single best way to organize and that the optimal approach depends on internal and external factors. Technology determinism argues technologies directly impact organizational attributes like span of control. Stakeholder theory identifies six groups that influence organizations: technology, suppliers, customers, government, unions, and consumer groups.
The document discusses several theories of motivation:
1. Frederick Taylor believed workers are motivated mainly by pay and breaking work into small repetitive tasks. However, this led to worker dissatisfaction.
2. Elton Mayo found workers are motivated by social factors like interaction and attention from managers.
3. Abraham Maslow's hierarchy of needs theory proposes workers must have lower level needs met like pay before pursuing higher needs like fulfillment.
4. Frederick Herzberg argued motivators like interesting work that provides responsibility are more effective than dissatisfiers like pay. Methods like job enrichment and empowerment can motivate.
Motivation is an important factor that encourages employees to perform well and help achieve organizational goals. There are two types of motivation - positive motivation uses rewards to encourage goal-directed behavior, while negative motivation relies on punishments to reduce performance. Motivation is a continuous psychological process that involves need recognition, goal-setting, evaluation, and reassessment of needs based on rewards or punishments. An individual's self-concept and ability to achieve goals are important factors in the motivation process.
This document discusses various topics related to property management including site management, human resources, management styles, employee motivation, and planning and recruiting. It provides an overview of key considerations and responsibilities for site managers. It also discusses different management styles like Theory X, Theory Y, and Theory Z. Additionally, it covers topics such as intergenerational dynamics, goal setting, rewarding employees, and conducting job analyses.
This document provides information on management concepts and functions. It distinguishes between administration and management, defines key management roles and functions, and outlines the evolution of management thought from classical to modern approaches. The trends and challenges of managing in a global scenario are also discussed, including the importance of planning, the management by objectives (MBO) process, and how to implement policies and strategies.
The strategic management process involves six steps that managers use to develop an organization's strategies:
1. Identify the organization's current mission, goals, and strategies
2. Do an external analysis
3. Do an internal analysis
4. Formulate strategies
5. Implement strategies
6. Evaluate results
The end result is a set of corporate, competitive, and functional strategies that allow the organization to achieve its goals.
This document provides an overview of strategic management. It defines strategic management and outlines its key benefits. It describes the strategic management process, which includes identifying vision/mission, conducting SWOT analysis, formulating strategy, implementing strategy, and evaluating strategy. It also discusses the three levels of strategy - corporate, business, and functional. Finally, it explains concepts like growth strategy, stability strategy, vertical integration, horizontal integration, diversification, and concentration strategy.
This document summarizes topics presented to Professor Ishan Diwedi, including definitions of management, its functions, fields like financial management, production management, and office management. Problems faced in each field are also outlined, along with two real world examples: the 1993 Pepsi syringe crisis managed through effective communication, and the 1984 Bhopal gas tragedy in India exposing hundreds of thousands to toxic gases.
This document discusses strategic planning and management. It begins by recapping the four basic managerial functions of planning, organizing, leading, and controlling. It then expands on the planning function, explaining that there are both short-term operational plans and long-term strategic plans. Strategic planning involves setting goals, developing strategies to achieve those goals, and determining tactics. The key elements of strategic management are strategic formulation, implementation, and evaluation. Strategic analysis is a critical part of the process and involves assessing the organization's vision, mission, values, and internal and external environments.
Management involves planning, organizing, leading, and controlling organizational resources to achieve goals. The document outlines the five main management functions: planning, organizing, staffing, controlling, and leading. Planning involves setting objectives and determining how to achieve them. Organizing groups people into departments based on their tasks. Staffing acquires and develops employees. Controlling evaluates performance against plans and takes corrective actions. Leading provides guidance and motivation to employees.
1. The document discusses the purpose and importance of management, the features and characteristics of management, and the distinction between management, organization, and administration.
2. It states that the main purpose of management is to establish an environment where organizational goals can be achieved efficiently. Management makes human effort more productive and allows individuals to best contribute to group objectives.
3. Key characteristics of management are that it is usually associated with group efforts, accomplished through others' efforts, purposeful, action-oriented, indispensable, and intangible.
The document discusses the implementation and sustainability phases of transformative leadership. It describes 4 task-oriented behaviors leaders can use in the implementation phase: 1) plan with pictures and backups, 2) communicate clearly, 3) monitor and provide helpful performance reviews, and 4) problem solving. The sustainability phase focuses on meeting present needs without compromising the future, and involves 3 phases - building relationships, recognizing individuals and teams, and providing rewards.
This document defines planning and discusses its importance and types. Planning is deciding in advance what to do, how to do it, when to do it, and who will do it. It bridges the gap between the present and goals. Planning focuses on objectives and provides a blueprint for achieving goals. There are two approaches to planning - top-down and bottom-up. Standing plans like missions, goals, strategies, policies, procedures, methods and rules are used repeatedly to handle routine issues. Planning is important because it establishes primacy, minimizes risk, focuses on objectives, facilitates control, and increases effectiveness.
Planning is an essential management function that provides direction. It involves setting objectives, developing assumptions about the future, identifying alternative courses of action, evaluating alternatives, selecting a plan, implementing it, and following up. While planning reduces risks and promotes efficiency, it can also lead to rigidity and is time-consuming. Effective planning provides direction, facilitates decision-making, establishes performance standards, and reduces uncertainty, overlapping activities, and costs. However, plans may not guarantee success due to issues in implementation or changes in the dynamic business environment.
Planning is the first management function and essential component of management. It involves setting goals, strategies, and plans of action to achieve goals. Planning provides direction, reduces uncertainty, and compels consideration of future events. It results in coordination of activities and minimization of waste, ineffectiveness, and inefficiency. Goals are the targets management wants to reach, while plans are the actions managers intend to use to achieve goals. Planning is important for any business and helps ensure goals are achieved.
The document discusses the key concepts in management including management functions, levels of management, and managerial competencies. It describes the four main management functions as planning, organizing, leading, and controlling. There are typically three levels of management - top management who provide overall direction, middle management who implement plans, and first-line managers who directly oversee operations. Critical skills for managers include communication, planning, teamwork, strategic thinking, and self-management.
This document provides an introduction to management principles and practices. It defines management as the process of coordinating individual efforts to achieve organizational goals. The document outlines the key functions of management including planning, organizing, staffing, directing, and controlling. It also describes the different levels of management from top to middle to lower levels. Finally, the document discusses the meaning, definitions, and responsibilities of management.
MB0038 – Management Process and Organization Behaviorswejs
This document discusses managerial roles and skills. It begins by defining key terms like organization, managers, and managerial roles. It then outlines Mintzberg's three categories of managerial roles: informational, decisional, and interpersonal. Within each category are sub-roles that managers fulfill, such as monitor, spokesperson, entrepreneur, and liaison. Next, it discusses three essential management skills according to Katz: technical, human, and conceptual skills. The document then provides tips for improving management skills and discusses methods for shaping employee behavior, including positive reinforcement, negative reinforcement, punishment, and extinction. Factors that influence perception are also outlined, such as characteristics of the perceiver, target, and situational context.
The document discusses strategic planning and how companies often fail to implement their strategic plans. It provides examples of how strategic planning is often just a two-day retreat that is quickly forgotten or an edict from leadership that is dismissed. The document then outlines five prerequisites for successful strategic planning: awareness, motivation, ability, opportunity, and feedback/reward. It also discusses the pros and cons of top-down versus bottom-up planning and advocates for a customized integrated approach. Finally, it provides the key components of an effective strategic planning process.
MB0038 – Management Process and Organization Behaviorswejs
This document provides an overview of management processes and organization behavior for a Master of Business Administration program. It discusses managerial roles and skills, including monitoring work, integrating efforts, and providing leadership. It describes the three main roles according to Mintzberg as informational, decisional, and interpersonal. Technical, human, and conceptual skills are also outlined. Methods for shaping employee behavior are discussed, including positive reinforcement through rewards and negative reinforcement by removing rewards for undesired behavior.
Planning new venture is the essential topic for the nurses to know the path of getting transformed from Registered nurse to Nurse practitioner and from Nurse practitioner to Nurse entrepreneur. Each individual nursing personnel has unique skills to get into commerce and IT zone to empower the new branches of nursing as opportunity to build themselves by indulging into entrepreneurship.
Contents Different Managerial Functions, Definition & Meaning of Management, Planning process, functions of organization, factors affecting on staffing, Managers & Managerial Skills, Role & Responsibilities of Manager, Skills needed at various levels of Management
Similar to Introduction o business ppt-ch06 sections 1 -4 (20)
The key factors for food truck businesses to consider when choosing a location are whether permits or permission are required, what the costs are to park, if there are enough potential customers in the foot traffic, and what hours will provide the most customers given any location restrictions. Successful locations tend to be in areas with strong foot traffic like business districts, office buildings, festivals and events, colleges, and areas near bars and nightclubs. Maintaining an online presence and schedule helps food trucks maximize their profits at each location.
The document discusses different types of taxes paid in the United States, including income tax, payroll tax, property tax, sales tax, excise tax, estate tax, and gift tax. It explains that income tax includes federal and state income taxes. Payroll tax supports Social Security and Medicare programs. Property tax is based on property owned. The U.S. uses a progressive tax system where lower income individuals pay a lower percentage of their income in taxes compared to higher income individuals who pay a higher percentage.
Financial reports and accounting information are important because they are used by various stakeholders like managers, investors, creditors, and regulators to make informed business and economic decisions. There are differences between public and private accountants - public accountants serve organizations and individuals on a fee basis and are certified as CPAs, while private accountants work for a particular organization. Federal legislation like the Sarbanes-Oxley Act has affected their work by setting requirements to become a CPA and restricting non-audit services auditors can provide clients.
The document discusses various promotion strategies that companies use to inform customers about products and services. It describes above-the-line promotion using mass media advertising and below-the-line promotion using controlled media like direct mail. Common promotional activities include advertising, sales promotions, sponsorship, direct mailing, and public relations. Companies combine different activities to form a promotional mix based on cost, target market, and product. The goal is to move customers through the AIDA model from awareness to interest to desire to action.
This document discusses the tax cycle and the W-4 form. It covers important dates in the tax cycle like filing taxes in February and April. Over half of taxpayers don't know what a W-4 is. The W-4 form is given to new employees and is used by employers to determine how much to withhold from paychecks for taxes. The document encourages exploring a sample W-4 form to understand the details and purpose of the different sections.
Here are the Disney World bundling options from 2005 with prices:
- Magic Kingdom - $59
- Epcot - $49
- Hollywood Studios - $46
- Animal Kingdom - $44
- 1 Day Park Hopper (allows entry to all 4 parks) - $79
So Disney bundles entrance to its different parks and offers a bundled "hopper" option that is priced lower than buying individual entries, encouraging visitors to see more than one park in a day. This is an example of product bundle pricing.
This document outlines both the pros and cons of using the Enigma machine. The pros include transparency of transactions, decentralization, potential for privacy when using pseudonyms, and global accessibility. However, the cons discussed are volatility in value, lack of government regulations and consumer protections, irreversible transactions, scalability limitations, and major environmental impact due to the large amount of electricity usage required.
The marketing mix refers to the strategic tools and activities used by companies to market and sell their products, including the traditional 4Ps of product, price, promotion, and place. It has expanded to include additional Ps like people, process, and physical environment to encompass services. A product can be a physical good, service, experience, information, or idea and companies differentiate their products through various attributes related to the product itself, packaging, labeling, and after-sale services and support.
The document provides an overview of Chapter 12 in an Introduction to Business textbook, which covers distributing and promoting products and services. It includes 10 learning outcomes on topics such as distribution, wholesaling, retailing, supply chain management, promotion, advertising, personal selling, sales promotion, public relations, and e-commerce. There are tables and exhibits showing distribution channels, supply chains, types of retailing, and the promotional mix. The document aims to educate students on moving products from producers to consumers and the various ways companies promote their goods and services.
This document provides guidance on staffing a food truck. It recommends that most food trucks can hold between 2 to 6 workers, while most operations staff between 2 to 7 employees. It describes the roles and responsibilities of front-of-house staff who interact with customers, and back-of-house staff who handle tasks like cooking, cleaning, and bookkeeping. Some common food truck staffing roles include managers, service window attendants, chef/cooks, and kitchen workers. The document also includes tips on creating an organizational chart and shift schedule to plan staffing needs.
The document discusses the stock market and how it works. It explains what a ticker symbol is, how the stock exchange functions, and why investors use ticker symbols to identify companies. It also defines key stock market terms like stock, stockholder, dividend, and capital gains. The document provides information on how to analyze individual stocks, choose stocks to invest in, and conduct research on a specific company as part of a taking stock project.
The document discusses market segmentation and targeting. It defines key terms like market, market segment, and target market. It also outlines the important factors to consider when developing a customer profile and segmenting the market, including demographics, psychographics, geographics, and buying behavior. The key characteristics that define different market segments are identified as important considerations for targeting the right customers.
The document is a presentation on the fundamentals of investing. It defines investments as assets purchased with the goal of providing additional income through returns on the asset itself, but with the risk of loss. It discusses the differences between savings tools that are liquid versus investment tools that may not be as easily converted to cash. The presentation covers various investment vehicles like bonds, stocks, real estate, mutual funds and index funds, and how each aims to provide returns through mechanisms like interest, dividends, rents, and capital gains. It emphasizes the importance of diversifying investments across different asset classes to reduce risk.
This document is a presentation on the fundamentals of investing that covers several key topics:
- It defines investments as assets purchased with the goal of providing additional income but with the risk of loss. Investments are less liquid than savings.
- Common investment tools include bonds, stocks, real estate, mutual funds and index funds. Each provides different types of returns like interest, dividends, rents or capital gains.
- Diversification and asset allocation are important strategies for reducing risk. Investors should consider their risk tolerance and time horizon when choosing investments.
- Tax-advantaged retirement accounts can help savings grow tax-deferred or tax-free until withdrawn. Employer-sponsored plans may include matching funds.
This document provides an introduction to key concepts in business and economics. It outlines several learning outcomes, including understanding how businesses and organizations help create standard of living, the sectors of the business environment and how they influence decisions, features of economic systems and how the three sectors of the US economy are linked, and indicators of a nation's economic health like growth, employment, prices, and inflation. It also discusses microeconomic concepts like demand, supply, and market structure as well as trends shaping the current environment.
This document provides information about saving money and building wealth through savings and investments. It discusses resisting temptation to spend, setting savings goals like emergency funds or down payments, and starting to save early. It recommends saving 10-20% of income and provides examples of differences between savings and investments. Students are prompted to reflect on when the right time is to start saving and challenges to saving, and are given a savings calculator tool.
The document discusses various banking fees, including average ATM fees, overdraft fees, and ways to avoid fees. It provides information on setting up alerts to avoid overdraft fees and explores checking account agreements and overdraft fee amounts across different banks. Peer-to-peer payments are discussed as an alternative to credit cards or banking transfers, along with associated risks and tips for making money transfers safely.
This document provides information about checking accounts. It begins by stating that a checking account is most people's first exposure to the financial world and asks what questions the reader has about checking accounts. It then lists some essential questions, such as how checking accounts work, the benefits of having a checking account, and how to read a bank statement. The document continues by discussing the disadvantages of not having a bank account, how banks and checking/savings accounts work, differences between checking and savings accounts, reasons to open a checking account, depositing and withdrawing money, comparing prepaid cards to debit cards, and reviewing bank statements. It concludes by providing an activity for students to explore a bank statement in more detail.
This document provides guidance on researching a company that currently sells a product. It outlines sections to research such as the company's history, headquarters, type of business model, primary products or services, major competitors, and the impact the product has had on the company's success, jobs, sales, promotions, and financials.
How MJ Global Leads the Packaging Industry.pdfMJ Global
MJ Global's success in staying ahead of the curve in the packaging industry is a testament to its dedication to innovation, sustainability, and customer-centricity. By embracing technological advancements, leading in eco-friendly solutions, collaborating with industry leaders, and adapting to evolving consumer preferences, MJ Global continues to set new standards in the packaging sector.
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...Aleksey Savkin
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
- Alignment and Cascading of Scorecards
Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
3 Simple Steps To Buy Verified Payoneer Account In 2024SEOSMMEARTH
Buy Verified Payoneer Account: Quick and Secure Way to Receive Payments
Buy Verified Payoneer Account With 100% secure documents, [ USA, UK, CA ]. Are you looking for a reliable and safe way to receive payments online? Then you need buy verified Payoneer account ! Payoneer is a global payment platform that allows businesses and individuals to send and receive money in over 200 countries.
If You Want To More Information just Contact Now:
Skype: SEOSMMEARTH
Telegram: @seosmmearth
Gmail: seosmmearth@gmail.com
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...my Pandit
Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Stone Art Hub
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ☎ 9928909666. Experience luxury at unbeatable prices.
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
2. Learning Outcomes
1. What is the role of management?
2. What are the four types of planning?
3. What are the primary functions of managers in
organizing activities?
4. How do leadership styles influence a corporate culture?
5. How do organizations control activities?
6. What roles do managers take on in different
organizational settings?
7. What set of managerial skills is necessary for managerial
success?
8. What trends will affect management in the future?
4. Managerial Process
• Anticipating potential problems or
opportunities and designing plans to deal
with them,
• Coordinating and allocating the resources
needed to implement plan
• Guiding personnel through the
implementation process,
• Reviewing results and making any
necessary changes.
6. Efficiency versus
Effectiveness
• View this video and think about the way you
tackle your daily list of things to do: Are you
being efficient, being effective, or both?
• First, remember the definitions from Section
6.1: Efficiency is using the least possible
amount of resources to get work done,
whereas Effectiveness is the ability to
produce a desired result.
• Then, review the additional detail from the
video: Efficiency is how fast and how well
you’re getting things done. Effectiveness is
about getting the right things done.
7. Efficiency versus
Effectiveness
1. Although these terms
are explained
somewhat differently,
the bottom line that
differentiates Efficien
cy and Effectiveness?
2. What could you
change now, and in
the future, to be both
more efficient and
effective?
8. Management is the process of guiding the
development, maintenance, and allocation
of objectives.
a. True
b. False
One of the basic functions of management is
controlling.
a. True
b. False
_____ is the process of guiding the
development, maintenance, and allocation
of resources needed to attain
organizational goals.
A. Functional coordination
B. Strategic planning
C. Tactical planning
D. Motivation
E. Management
Which of the following is NOT one of the
four functions of management?
A. Planning
B. Controlling
C. Organizing
D. Budgeting
E. Leadership
Management involves:
A. organizing
B. controlling
C. leadership
D. planning
E. all of the above
9. 1. What is the
role of
management?
• CONCEPT CHECK
• Define the term management.
• What are the four key functions of managers?
• What is the difference between efficiency and
effectiveness?
10. Planning is deciding what needs to be done
• Achieve organizational objectives,
• Identifying when and how it will be done,
• Determining who should do it.
12. The Strategic
Planning Process
• This host for this video, Erica Olsen,
zeroes in on Strategic Planning using a
diagram or illustration to display on
one whiteboard the entire
process. View the video, review
Section 6.2, and then think about how
strategical planning is different from
the other types (tactical, operational,
contingency) discussed in this section
of the text, and summarized in Table
6.2.
13. The Strategic
Planning Process
1. Would you think, though, that
the various criteria across the
top of Table 6.2 would apply to
all industries and organizations
identically?
2. What about the other headers
on Table 6.2, would any of
these require modification
depending upon the industry,
organization or even the
geographic area of the world in
which they did business?
15. Mission and
Vision Statement
• Write a clear vision and mission
statement.
• Vision statement—what is/are
your purpose, values, and
beliefs?
• Mission statement—what are
your aspirations of a company
and major goals?
16.
17. Ben & Jerry’s
• To make, distribute and sell the finest quality
all-natural ice cream and euphoric concoctions
with a continued commitment to incorporating
wholesome, natural ingredients and promoting
business practices that respect the Earth and
the Environment
18. Statement of
purpose for the
organization?
• To make, distribute and
sell …all-natural ice cream
and euphoric
concoctions….
19. The business of the
organization’s
operations in product
and market terms
• Sell the finest quality all-
natural ice cream…with a
continued commitment to
incorporating wholesome,
natural ingredients…
21. Table 6.3 Twitter’s Mission, Values and Strategy
• The 3 Parts of a Company Mission Statement:
• Purpose
• Values
• Action
22. Planning is the process of deciding what needs to
be done to achieve organizational objectives;
identifying when and how it will be done and
determining by whom it should be done.
a. True
b. False
The short-range, detailed planning that
focuses on current operations is called
functional planning.
a. True
b. False
The world’s largest bank. Deutsche Bank set as its
objective to make its name more recognizable in
the United States. The success of its decision to
sponsor a PGA golf tournament to accomplish this
organizational objective will ultimately depend on
which management function?
A. Planning
B. Controlling
C. Organizing
D. Communicating
E. Leadership
23. An organization's _____ is its general purpose or
reason for existence.
A. concept
B. mission
C. tactic
D. business technique
E. corporate culture
_____ planning is short-range, detailed
planning that is based on long-range
planning. It typically has a time frame that
is less than one year long.
A. Tactical
B. Strategic
C. Hands-on
D. Procedural
E. Functional
Dean Jager is the supervisor of the volunteer
staff at the Booth Western Art Museum. He
makes the work assignments, determines
work schedules, and makes sure the museum
uses all its volunteer staff efficiently. Jager is
involved in _____ planning.
A. strategic
B. hands-on
C. functional
D. operational
E. procedural
24. 2. What are
the four
types of
planning?
• CONCEPT CHECK
• What is the purpose of planning,
and what is needed to do it
effectively?
• Identify the unique
characteristics of each type of
planning.
25. • Organizing
develops a
structure
• People
• Positions
• Departments
• Activities
Dividing up tasks
(Division of Labor)
Grouping Jobs & Employees
(Departmentalization)
Assigning Authority & Responsibilities
(Delegation)
27. _____ is the process of arranging the structures
and relationships of human and material
resources to carry out an organization's plans.
A. Leadership
B. Organizing
C. Communicating
D. Planning
E. Controlling
Middle managers usually:
A. act as representatives to other firms
B. set overall goals and objectives
C. manage the employees on the assembly line
D. carry out plans and policies of top management
E. act as figureheads for the company
Most firms have three distinguishable levels of
management. They are:
A. low, middle, and chief
B. functional, middle, and staff
C. supervisory, middle, and top
D. operational, supervisory, and top
E. functional, operational, and strategic
The lowest level of management, which usually has
the most people to manage, is called _____
management.
A. top
B. middle
C. strategic
D. supervisory
E. functional
28. Top management usually performs all of the
following tasks EXCEPT:
A. establish long-range plans
B. formulate basic policies of operation
C. direct workers on the assembly line
D. develop strategic plans
E. review new product development
____ managers are the managers concerned with
implementing the plans and policies of top
managers and supervising lower-level managers.
A. Functional
B. Middle
C. Coordinating
D. Supervisory
E. Operational
Pele Arnaz is a plant foreman for a generator
manufacturer. He spends his day carrying out
operational plans for the ongoing daily activities of
the plant. Arnaz is a _____ manager.
A. functional
B. coordination
C. supervisory
D. middle
E. strategic
Manila Water, the provider of the water and
sewerage services in the capital of the Philippines
has purchased the government owned water and
sewerage system for the entire country. In terms of
the managerial hierarchy, its president Antonino
Aquino is in _____ management.
A. functional
B. coordination
C. supervisory
D. middle
E. top
29. 3. What are
the primary
functions of
managers in
organizing
activities?
•CONCEPT CHECK
•Explain the managerial
function of organizing.
•What is the managerial
pyramid?
33. Facebook's
Sheryl Sandberg
• Chances are you are a user of
Facebook, perhaps occasionally,
although for most people, Facebook
is their social media platform of
choice. Watch the interview with
Facebook’s Chief Operating Officer
(COO), Sheryl Sandberg. Then
identify what you think is the
leadership style of this powerful
corporate executive, perhaps using
Table 6.4 as a good guide to decide.
34. Facebook's Sheryl Sandberg
1. Do you think Sandberg is more Autocratic, Participative
or Free Rein?
2. Is there anything else you learned about Sandberg’s
approach to leadership?
3. What about Sandberg’s thoughts on women and
leadership?
35. _____ is the process of guiding and motivating
others toward the achievement of organizational
goals.
A. Leadership
B. Communications
C. Power
D. Influence
E. Management
Which of the following is NOT one of the five key
types of power?
A. Reward
B. Expert
C. Referent
D. Legitimate
E. Influential
Stuart McFarland is sales manager for a hotel. His job
entails leading, motivating, and communicating with
employees. McFarland’s main management activity
is:
A. organizing
B. controlling
C. communicating
D. planning
E. leadership
Two co-workers at Nortel came up with an idea for
renting software over the Internet. Nortel’s top
management liked the idea and set up a special
division called Channelware devoted to taking the
idea and making a new product. The ability of the
Nortel top management to create this new division
and assign employees to it is a result of their
having _____ power.
A. coercive
B. conceptual
C. referent
D. legitimate
E. influential
36. Airline stewards in China will remove someone
from the plane if they attempt to bring their
own food with them. Instead, passengers must
buy the food sold on the plane. The
stewardesses have been given _____ power to
deal with passengers who won't obey the rules.
A. influential
B. referent
C. reward
D. legitimate
E. coercive
Medical diagnostic equipment specialist Georgiana
Rutland was asked to attend a medical conference
in which the attendees discussed new uses for
laser technology in diagnosing certain types of
cancer. Rutland exerted considerable influence
over the decisions to adopt the laser technology
because of her _____ power.
A. expert
B. legitimate
C. referent
D. controlling
E. coercive
Jack Welch, former CEO of General Electric, was
known by his employees as “Bloody Jack” because of
the downsizing and restructuring he insisted the
company do if its various departments were unable
to achieve organizational goals. Knowing this
nickname, you can assume that Welch used _____
power to accomplish his goals for GE.
A. controlled
B. coordinating
C. coercive
D. conceptual
E. innate
Among managers there are three distinctive
leadership styles. They are:
A. autocratic, open-door, and democratic
B. competitive, autocratic, and group-centered
C. committee, open-door, and closed-door
D. autocratic, participative, and free-rein
E. free-rein, democratic, and group-centered
37. 4. How do leadership styles influence a corporate
culture?
• CONCEPT CHECK
1. How do leaders influence other people’s
behavior?
2. How can managers empower employees?
3. What is corporate culture?
38. Process of assessing the
organization’s progress toward
accomplishing its goals.
Control Mechanisms
Can you think of control
mechanisms
• In your life?
• In an organization?
Rules & regulations
Budget
Employee Evaluations
Employee Sales Quotas
Quality Standards
Corporate Culture
40. _____ is the process of ensuring that the
organization's objectives are being met and of
correcting deviations from the plan.
A. Planning
B. Leadership
C. Controlling
D. Staffing
E. Communicating
The first step in controlling is to:
A. take corrective action
B. measure performance against standards
C. monitor goals
D. explain the meaning of goals
E. establish performance standards
Feedback is an important part of which function of
management?
A. Planning
B. Coordinating
C. Controlling
D. Leadership
E. Organizing
All of the following are elements of controlling
EXCEPT:
A. setting performance standards
B. subordinating
C. monitoring performance standards
D. measuring performance standards
E. feedback
41. 5. How do organizations control activities?
• CONCEPT CHECK
1. Describe the control process.
2. Why is the control process important to the
success of the organization?
42. Informational Roles Interpersonal Roles Decisional Roles
Information gatherer, an
information distributor, or
a spokesperson
Various interactions with
other people.
• Think like an
entrepreneur
• Make decisions
• Resolve conflicts
• Negotiate
compromises.
Managers’ Roles
43. Table 6.5 The Many Roles Manager’s Play in an Organization,
continued
44. Table 6.5 The Many Roles Manager’s Play in an Organization
46. Balanced Scorecard
• This video describes the
Balanced Scorecard, a popular
and useful control technique that
directly ties into the strategy of
an organization. View this video
and then try to fill in some of the
specific areas found in the
following four control criteria
that are included in a balanced
scorecard.
47. Balanced Scorecard
1. What is the Balanced Scorecard method of control, and
what specific areas are included in this analytical way to
evaluate performance against established metrics?
2. What needs to be measured in each of these so it can then
be controlled?
•Financial:
•Customer:
•Internal processes:
•Learning and growth:
48. The three basic roles of management are:
A. informational, educational, and operational
B. educational, operational, and intrapersonal
C. interpersonal, decisional, and informational
D. decisional, operational, and interpersonal
E. interpersonal, intrapersonal, and
informational
When manager Mariah Pitner delivered the
company's financial report to local bankers and
analysts, she was acting in a(n) _____ role.
A. decisional
B. interpersonal
C. intrapersonal
D. strategic
E. informational
As an informational manager, Lia Morris would do all
of the following EXCEPT:
A. seek advertising information from various
newspapers
B. transmit a magazine article to subordinates
C. release information to people outside the firm
D. direct and counsel subordinates in daily activities
E. read news releases about the competition
When John Mackey, CEO of Whole Foods Markets,
hosted a fundraising event in his role as honorary
chairman of the national People for the Ethical
Treatment of Animals (PETA) organization, he is
fulfilling his _____ managerial role.
A. informational
B. decisional
C. liaison
D. interpersonal
E. coordinational
49. Allocation of resources, approval of projects, and
authorization of budgets are all activities that a
manager performs in his or her _____
management role.
A. interpersonal
B. functional
C. decisional
D. coordinating
Managers typically follow five steps in the decision-
making process. The first step is to:
A. gather information
B. evaluate the strengths and weaknesses of
potential decisions
C. recognize or define the problem or opportunity
D. establish a budget
E. create organizational goals
Textron Corporation is establishing a legal division.
The newly appointed head of the division is
organizing, hiring people, and operating the division.
This division head is performing a(n) _____
management role.
A. decisional
B. informational
C. intrapersonal
D. functional
E. educational
According to the Sports Business Journal, Levy Restaurants is the
leading purveyor of premium food at major sports venues. Levy
has fed the masses at the Super Bowl, the Grammys, the
Kentucky Derby, and the NBA All-Star Game. It catered last year's
World Series and the MTV Video Music Awards, plus hundreds of
regular-season games of football, baseball, basketball, hockey,
and NASCAR races. So when the company purchased 150 pounds
of steak and chicken, eighty pounds of noodles, ingredients for 48
gallons of shrimp bisque, 400 sushi rolls, and 25 pounds of
jambalaya and succotash, it was more than likely a _____
decision.
A. cultural
B. programmed
C. supervisory
D. precedented
E. nonprogrammed
50. 6. What roles do
managers take on in
different
organizational
settings?
• CONCEPT CHECK
• What are the three types of managerial roles?
• Give examples of things managers might do when
acting in each of the different types of roles.
• List the five steps in the decision-making process.
55. Exhibit 6.8 The Importance of Managerial Skills at Different
Management Levels
56. The specialized knowledge and ability that a
person brings to a job, such as computer
programming, is called a(n) ______ skill.
A. hierarchical
B. technical
C. functional
D. subordinate
E. tactical
Alysha Johnson is a manager who communicates
effectively, successfully motivates and leads her
workers, and allows them leeway in making
decisions. Copeland is said to have good:
A. functional techniques
B. manners
C. human relations skills
D. technical skills
E. strategic techniques
All of the following are human relations skills EXCEPT:
A. effective communication
B. ability to work with people
C. sensitivity to workers' needs
D. willingness to let subordinates make decisions
E. ability to program a computer
The ability to view an organization as a whole, to
understand how the various parts fit together, and
how it relates to other organizations is a(n) _____
skill.
A. conceptual
B. strategic
C. tactical
D. organizational
E. hierarchical
57. Tawna Reed was hired for a top managerial
position in Nike Corporation because she had
creative ability and a good overall feel for the
athletic shoe industry. Reed is said to have good
_____ skills.
A. human relations
B. technical
C. conceptual
D. strategic
The specialized knowledge and ability that a person
brings to a job, such as computer programming, is
called a(n) ______ skill.
A. hierarchical
B. technical
C. functional
D. subordinate
E. tactical
Kent Huston is a middle manager at a management
consulting company. He has the ability to negotiate,
impress the right people, and make the right
connections. Huston has _____ skills.
A. human relations
B. conceptual
C. technical
D. functional
E. developmental
According to the Sports Business Journal, Levy
Restaurants is the leading purveyor of premium food
at major sports venues. It has chefs that specialize in
the preparation of various foods working at different
sports venues. For the Super Bowl, Levy flew in
more than two dozen of its chefs from venues to
prepare food to feed the Super Bowl crowd. The
chefs had the necessary _____ skills.
A. hierarchical
B. technical
C. functional
D. subordinate
E. tactical
58. 7. What set of managerial skills is necessary for
managerial success?
• CONCEPT CHECK
1. Define the basic managerial skills.
2. How important is each of these skill sets at
the different levels of the management
pyramid?
62. Managerial Skills
• Indeed is a well-known job portal Indeed has
a series of videos about a number of career-
related subjects. This particular video
features a woman named Victoria Slavic who
shares how she obtained her job at
Southwest Airlines. In the process of telling
this story, you will learn about this woman’s
management skills that she credits with the
successful attainment of a goal at her
previous employer.
• After watching Victoria Slavic relate the way
she motivated her team in order to reach
what she stated in the video was an
ambitious goal, review Exhibit 6.8 from
Section 6.7 in the text.
63. Managerial Skills
1. What specific managerial skills did she use?
Conceptual? Technical? Human Relations?
2. Can you offer an example of something from the video
that she said or did which made you suggest that
managerial skill was being utilized?
64. _____ skills refer to a manager's ability to
operate in diverse cultural environments.
A. Global management
B. Human relations
C. Professional
D. Diversity
E. Cultural
No matter what the crisis, there are some basic
guidelines managers should follow to minimize
the negative outcomes. Which of the following is
an example of one of those guidelines?
A. Managers should avoid any direct contact with
the press.
B. Managers should release ambiguous
statements to the media to give them time to
assess the problem.
C. Managers should ask for help if it is needed.
D. Managers should take their time so they can
have a thorough understanding of the crisis and
have all the information on how to handle it at
their fingertips.
E. All of the above statements about examples of
guidelines for dealing with crises.
Which of the following is NOT a current trend in
management and leadership?
A. the need to prepare for crisis management
B. increasing need for global management skills
C. the growing use of information technology
D. increasing dependence on autocratic leadership
E. outside directors