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Exam (elaborations)

MGMT 3000 Exam questions and answers graded A+

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MGMT 3000 Exam questions and answers graded A+

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MGMT 3000 Exam questions and
answers graded A+
Organizational effectiveness - ANS✅✅degree to which an organization achieves a stated goal



Organizational efficiency - ANS✅✅refers to the amount of resources used to achieve a stated goal



4 functions of a managers - ANS✅✅1. planning: select goals and ways to attain them

2. organizing: assign responsibility for task accomplishment

3. leading: use influence to motivate employees

4. control: monitor activities and make corrections



3 types of management skills - ANS✅✅1. technical skills: mastery of methods, techniques, and
equipment for a specific function (most important for lower level management)

2. human skills: ability to work with people (needed by all managers)

3. conceptual skills: ability to see the bigger picture (critical for top level management)



planning - ANS✅✅select goals and ways to attain them (4 functions)



organizing - ANS✅✅assign responsibility for task accomplishment (4 functions)



leading - ANS✅✅use influence to motivate employees (4 functions)



control - ANS✅✅monitor activities and make corrections (4 functions)



technical skills - ANS✅✅mastery of methods, techniques, and equipment for a specific function
(most important for lower level management)



human skills - ANS✅✅ability to work with people (needed by all managers)



conceptual skills - ANS✅✅ability to see the bigger picture (critical for top level management)

,synergy - ANS✅✅the whole is greater than the sum of its parts: 2+2=5



Peter Drucker - ANS✅✅- father of modern business management

- taught that successful leaders put people and ethics above profits, rigid rules, and work structure

- said manager should make people's "strengths effective and their weaknesses irrelevant"



Drucker's definition of management - ANS✅✅management is about human beings. It's task is to
make people capable of joint performance, to make their strengths effective and their weaknesses
irrelevant



Weber's bureaucratic organizations - ANS✅✅- depends on rules and records

- introduced by max weber, a german theorist

- taught that managers should use power instead of personality to delegate and manage on an
impersonal and rational basis

- although important productivity gains came from this approach, bureaucracy has taken on a
negative tone



characteristics of weberian bureaucracy - ANS✅✅- division of labor, with clear definitions of
authority and responsibility

- positions organized in hierarchy of authority

- managers subject to rules and procedures that ensure reliable, predictable behavior

- management separate from ownership of the organization (professional manager)

- administrative acts and decisions recorded in writing (reference to go off of for greater efficiency)

- personnel selected and promoted based on technical qualifications



henri fayol - ANS✅✅- created 14 general principles of management

- many used today

- unity of command (only reporting to one person)

- unity of direction (similar tasks grouped under one manager)

- division of work (specialization)

- scalar chain (chain of authority from top to bottom, includes every employee)

, - identified 5 functions of management (planning, organizing, commanding, coordinating,
controlling)



unity of command - ANS✅✅only reporting to one person



unity of direction - ANS✅✅similar tasks grouped under one manager



division of work - ANS✅✅specialization



scalar chain - ANS✅✅chain of authority from top to bottom, includes every employee



theory x - ANS✅✅- the belief that the average human being has an inherent dislike for work and
will avoid it if possible

- average human being prefers to be directed, wishes to avoid responsibility, has relatively little
ambition, and wants security above all



theory y - ANS✅✅- the belief that the average human being does not inherently dislike work

- average human being learns, under proper conditions, not only to accept but also seek
responsibility

- under the conditions of modern industrial life, the intellectual potentialities of the average human
being are only partially utilized



general environment - ANS✅✅- factors that affect organizations indirectly

- includes technological, natural, sociocultural, economic, legal/political, and international aspects



task environment - ANS✅✅- factors that affect organizations directly

- sectors that conduct day-to-day transactions with the organization

- includes customers, competitors, suppliers, and the labor market



customers - ANS✅✅people and organizations that acquire goods or services from an organization



competitors - ANS✅✅organizations in the same industry or type of business that provide goods or
services to the same set of customers

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