Intro to Management Exam 1 RBS Cheat Sheet :3 with Complete Solution

Intro to Management Exam 1 RBS Cheat Sheet :3 with Complete Solution Being efficient: - ANSWER means to use resources, people, money, raw materials, and the like-wisely and cost-effectively. Management: - ANSWER is the pursuit of organizational goals efficiently and effectively, as they work together with workers to achieve a goal for the company. It is also the art of getting things done through people. Being effective - ANSWER means to achieve results, by making the right decisions for the company in order to achieve that result they aim to do. The Four Management Functions are - ANSWER planning, organizing, leading, and controlling. Top managers - ANSWER are the ones who make the long-term decisions of the company, while establishing the objectives. Middle managers - ANSWER are the ones who implement what the higher ups tell them to do as they supervise the low-level managers. First line Managers - ANSWER they make short-term decisions for the company and they direct non-managerial employees. The lower tier is the - ANSWER Nonmanagerial employees as they make the bulk of the company and work alone on tasks mostly the dirty work. A functional manager - ANSWER has the responsibility for a specific activity. A general manger - ANSWER is responsible for many activities for the company. There are also managers for three types of organizations: - ANSWER such as for-profit, obviously to make money. Non profit mangers who offer services in the public or private sector. And mutual benefit mangers who aid members such as those in political parties. Being a manager - ANSWER requires one to be more verbal and work long hours at an intense pace. Managers tend to get distracted and lose focus - ANSWER with their daily tasks, and practicing mindfulness can help them with that. Interpersonal managers - ANSWER are the ones who communicate the ones inside or outside the work unit.