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GBS151 Lesson 5 Key Terms

AB
ManagementThe process of coordinating people and other resources to achieve the goals of an organization
PlanningEstablishing organizational goals and deciding how to accomplish them
MissionA statement of the basic purpose that makes an organization different from others
Strategic PlanningThe process of establishing an organization’s major goals and objectives and allocating the resources to achieve them
GoalAn end result that an organization is expected to achieve over a one-to ten year period
ObjectiveA specific statement detailing what an organization intends to accomplish over a shorter period of time
PlanAn outline of the actions by which an organization intends to accomplish its goals and objectives
Strategic PlanAn organization’s broadest plan, developed as a guide for major policy setting and decision making
Tactical PlanA smaller-scale plan developed to implement a strategy
Operational PlanA type of plan designed to implement tactical plans
Contingency PlanA plan that outlines alternative courses of action that may be taken if an organization’s other plans are disrupted or become ineffective
OrganizingThe grouping of resources and activities to accomplish some end result in an efficient and effective manner
LeadingThe process of influencing people to work toward a common goal
MotivatingThe process of providing reasons for people to work in the best interests of an organization
DirectingThe combined processes of leading and motivating
ControllingThe process of evaluating and regulating ongoing activities to ensure that goals are achieved
Top ManagerAn upper-level executive who guides and controls the overall fortunes of an organization
Middle ManagerA manager who implements the strategy and major policies developed by top management
First-Line managerA manager who coordinates and supervises the activities of operating employees
Financial ManagerA manager who is primarily responsible for an organization’s
Operations ManagerA manager who manages the systems that convert resources into goods and services
Marketing ManagerA manager who is responsible for facilitating the exchange of products between an organization and its customers or clients
Human Resources ManagerA person charged with managing an organization’s human resources programs
Administrative ManagerA manage who is not associated with any specific functional area but who provides overall administrative guidance and leadership
Technical SkillA specific skill needed to accomplish a specialized activity
Conceptual SkillThe ability to think in abstract terms
Interpersonal SkillThe ability to deal effectively with other people
Decisional RoleA role that involves various aspects of management decision making
Interpersonal RoleA role in which the manager deals with people
Informational RoleA role in which the manager either gathers or provides information
LeadershipThe ability to influence others
Authoritarian LeaderOne who hold all authority and responsibility, with communication usually moving from top to bottom
Laissez-Faire LeaderOne who gives authority to employees and allows subordinates to work as they choose with a minimum of interference; communication flows horizontally among group members
Democratic LeaderOne who holds final responsibility but also delegates authority to others, who help to determine work assignments; communication is active upward and downward
Decision MakingThe act of choosing one alternative from a set of alternatives
ProblemThe discrepancy between an actual condition and a desired condition
Total Quality Management (TQM)The coordination of efforts directed at improving customer satisfaction, increasing employee participation, strengthening supplier partnerships, and facilitating an organizational atmosphere of continuous quality improvement
OrganizationA group of two or more people working together to achieve a common set of goals
Organization ChartA diagram that represents the positions and relationships within an organization
Chain or CommandThe line of authority that extends from the highest to the lowest levels of an organization
Job SpecializationThe separation of all organizational activities into distinct tasks and the assignment of different tasks to different people
Job RotationThe systematic shifting of employees form one job to another
DepartmentalizationThe process of grouping jobs into manageable units
Departmentalization by FunctionGrouping jobs that relate to the same organizational activity
Departmentalization by ProductGrouping activities related to a particular product or service
Departmentalization by LocationGrouping activities according to the defined geographic area in which they are performed
Departmentalization by CustomerGrouping activities according to the needs of various customer populations
DelegationAssigning part of a manager’s work and power to other workers
ResponsibilityThe duty to do a job or perform a task
AuthorityThe power, within on organization, to accomplish an assigned job or task
AccountabilityThe obligation of a worker to accomplish an assigned job or task
Decentralized OrganizationAn organization in which management consciously attempts to spread authority widely in the lower levels of the organization
Centralized OrganizationAn organization that systematically works to concentrate authority at the upper levels of the organization
Span of Management (or Span of Control)The number of workers who report directly to one manger
Line Management PositionA part of a chain of command; it is a position in which a person makes decisions and gives orders to subordinates to achieve the goals of the organization
Staff Management PositionA position created to provide support, advice, and expertise within an organization
Bureaucratic StructureA management system based on a formal framework of authority that is outlined carefully and followed precisely
Matrix StructureAn organizational structure that combines vertical and horizontal lines of authority, usually by superimposing product departmentalization on a functionally departmentalized organization
Cross-Functional TeamA team of individuals with varying specialties, expertise, and skills that are brought together to achieve a common task
Cluster StructureAn organization that consists primarily of teams with no or very few underlying departments
Network StructureAn organization in which administration is the primary function, and most other functions are contracted out to other firms
Corporate CultureThe inner rites, rituals, heroes, and values of a firm
IntrapreneurAn employee who pushes an innovative idea, product, or process through an organization
Ad Hoc CommitteeA committee created for a specific short-term purpose
Standing CommitteeA relatively permanent committee charged with performing some recurring task
Task ForceA committee established to investigate a major problem or pending decision
Managerial HierarchyThe arrangement that provides increasing authority at higher levels of management
Informal OrganizationThe pattern of behavior and interaction that stems from personal rather that official relationships
Informal GroupA group created by the members themselves to accomplish goals that may or may not be relevant to an organization
GrapevineThe informal communications network within an organization

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