CORRECT WELL DETAILED ANSWERS|LATEST
Organization - ANSWER a group of people who work together to achieve some specific
purpose
Management - ANSWER defined as:
-the pursuit of organizational goals efficiently and effectively by
-integrating the work of people through
-planning, organizing, leading, and controlling the organization's resources
Simply put:
-the art of getting things done through people
Efficient - ANSWER to be _____________ means to use resources - people, money,
raw materials, and the like - wisely and cost-effectively
Effective - ANSWER to be _____________ means to achieve results, to make the right
decisions and to successfully carry them out so that they achieve the organization's goals
Multiplier Effect - ANSWER refers to the idea that a manager's influence extends far
beyond the results that can be achieved by just one individual acting alone
Rewards of Studying Management - ANSWER _______________ of studying
management:
-understand how to deal w/ organizations from the outside
1
,-understand how to relate to your supervisors
-understand how to interact w/ coworkers
-understand how to manage yourself in the workplace
Rewards to Practicing Management - ANSWER ____________ of practicing
management:
-you & employees can experience a sense of accomplishment
-stretch your abilities and magnify your range
-build a catalog of successful p/s
-you can become a mentor and help others
Management Process - ANSWER the ________________ process:
1. Planning
2.Organizing
3. Leading
4. Controlling
Planning - ANSWER the first part of the mgmt process
you set goals and decide how to achieve them
Organizing - ANSWER the second step of the mgmt process
you arrange tasks, people, and other resources to accomplish the work
Leading - ANSWER the third step of the mgmt process
you motivate, direct, and otherwise influence people to work hard to achieve the
organization's goals
Controlling - ANSWER the fourth step of the mgmt process
2
,you monitor performance, compare it with goals, and take corrective action as needed
Seven Challenges to Being a Star Manager - ANSWER 1. manage for competitive
advantage
-staying ahead of rivals
2. managing for diversity
-future won't resemble the past
3. manage for globalization
-the expanding mgmt universe
4. manage for information technology
-dealing w/ the new normal
5. managing for ethical standards
6. manage for sustainability
-the business of green
7. managing for your own happiness & meaningfulness
Competitive Advantage - ANSWER the ability of an organization to produce g/s more
effectively than competitors do, thereby outperforming them
E-Business - ANSWER using the internet to facilitate every aspect of running a business
-information technology has led to the growth in this
3
, Implications of Info Technology - ANSWER -far-ranging electronic mgmt: e-
communication all the time
-more and more data: challenges to decision making
-rise of artificial intelligence:more automation in the workforce
-organizational changes: shifts in structure, jobs, goals, and knowledge mgmt
Sustainability - ANSWER economic development that meets the needs of the present
WITHOUT compromising the ability of future generations to meet their own needs
Top Managers - ANSWER -level of mgmt
-make long-term decisions about the overall direction of the organization and establish the
objectives, policies, and strategies for it
Middle Managers - ANSWER -level of mgmt
-implement the policies and plans of the top managers above them and
supervise/coordinate the activities of the first-line manages below them
"High Touch" Jobs - ANSWER jobs dealing with people rather than computer screens
or voice-response systems
First-Line Manager - ANSWER -level of mgmt
-make short-term operating decisions, directing the daily tasks of non-managerial personnel
Team Leader - ANSWER a manager who is responsible for facilitating team activities
toward achieving key results
Functional Manager - ANSWER manager that is responsible for just one organizational
activity
4
Organization - ANSWER a group of people who work together to achieve some specific
purpose
Management - ANSWER defined as:
-the pursuit of organizational goals efficiently and effectively by
-integrating the work of people through
-planning, organizing, leading, and controlling the organization's resources
Simply put:
-the art of getting things done through people
Efficient - ANSWER to be _____________ means to use resources - people, money,
raw materials, and the like - wisely and cost-effectively
Effective - ANSWER to be _____________ means to achieve results, to make the right
decisions and to successfully carry them out so that they achieve the organization's goals
Multiplier Effect - ANSWER refers to the idea that a manager's influence extends far
beyond the results that can be achieved by just one individual acting alone
Rewards of Studying Management - ANSWER _______________ of studying
management:
-understand how to deal w/ organizations from the outside
1
,-understand how to relate to your supervisors
-understand how to interact w/ coworkers
-understand how to manage yourself in the workplace
Rewards to Practicing Management - ANSWER ____________ of practicing
management:
-you & employees can experience a sense of accomplishment
-stretch your abilities and magnify your range
-build a catalog of successful p/s
-you can become a mentor and help others
Management Process - ANSWER the ________________ process:
1. Planning
2.Organizing
3. Leading
4. Controlling
Planning - ANSWER the first part of the mgmt process
you set goals and decide how to achieve them
Organizing - ANSWER the second step of the mgmt process
you arrange tasks, people, and other resources to accomplish the work
Leading - ANSWER the third step of the mgmt process
you motivate, direct, and otherwise influence people to work hard to achieve the
organization's goals
Controlling - ANSWER the fourth step of the mgmt process
2
,you monitor performance, compare it with goals, and take corrective action as needed
Seven Challenges to Being a Star Manager - ANSWER 1. manage for competitive
advantage
-staying ahead of rivals
2. managing for diversity
-future won't resemble the past
3. manage for globalization
-the expanding mgmt universe
4. manage for information technology
-dealing w/ the new normal
5. managing for ethical standards
6. manage for sustainability
-the business of green
7. managing for your own happiness & meaningfulness
Competitive Advantage - ANSWER the ability of an organization to produce g/s more
effectively than competitors do, thereby outperforming them
E-Business - ANSWER using the internet to facilitate every aspect of running a business
-information technology has led to the growth in this
3
, Implications of Info Technology - ANSWER -far-ranging electronic mgmt: e-
communication all the time
-more and more data: challenges to decision making
-rise of artificial intelligence:more automation in the workforce
-organizational changes: shifts in structure, jobs, goals, and knowledge mgmt
Sustainability - ANSWER economic development that meets the needs of the present
WITHOUT compromising the ability of future generations to meet their own needs
Top Managers - ANSWER -level of mgmt
-make long-term decisions about the overall direction of the organization and establish the
objectives, policies, and strategies for it
Middle Managers - ANSWER -level of mgmt
-implement the policies and plans of the top managers above them and
supervise/coordinate the activities of the first-line manages below them
"High Touch" Jobs - ANSWER jobs dealing with people rather than computer screens
or voice-response systems
First-Line Manager - ANSWER -level of mgmt
-make short-term operating decisions, directing the daily tasks of non-managerial personnel
Team Leader - ANSWER a manager who is responsible for facilitating team activities
toward achieving key results
Functional Manager - ANSWER manager that is responsible for just one organizational
activity
4
