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MAN 3025 Terms - UCF Final Exam 100% Solved!!

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Management - ANSWERSplanning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively Manager's goal - ANSWERSHigh performance Efficiency - ANSWERSManagers minimize the amount of input resources needed to produce goods/services effectiveness - ANSWERSmanagers choose appropriate goals and achieve them managerial tasks - ANSWERS-planning -organizing -leading -controlling Planning - ANSWERSinvolves choosing appropriate goals, developing strategies for achieving high performance, and allocating resources to achieve those goals. Strategy - ANSWERSinvolves a group of decisions about what goals to pursue and how to use resources to achieve those goals. two kinds of strategies - ANSWERS- Low cost strategy -differentiation strategy low-cost strategy - ANSWERSoften involves reducing costs in an attempt to compete on price. differentiation strategy - ANSWERSan attempt to compete based on a differentiated product, not low cost. organizing - ANSWERSinvolves establishing authority and task relationships that help

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MAN 3025 Terms - UCF Final Exam 100%
Solved!!
Management - ANSWERSplanning, organizing, leading, and controlling of human and
other resources to achieve organizational goals efficiently and effectively

Manager's goal - ANSWERSHigh performance

Efficiency - ANSWERSManagers minimize the amount of input resources needed to
produce goods/services

effectiveness - ANSWERSmanagers choose appropriate goals and achieve them

managerial tasks - ANSWERS-planning
-organizing
-leading
-controlling

Planning - ANSWERSinvolves choosing appropriate goals, developing strategies for
achieving high performance, and allocating resources to achieve those goals.

Strategy - ANSWERSinvolves a group of decisions about what goals to pursue and how
to use resources to achieve those goals.

two kinds of strategies - ANSWERS- Low cost strategy
-differentiation strategy

low-cost strategy - ANSWERSoften involves reducing costs in an attempt to compete on
price.

differentiation strategy - ANSWERSan attempt to compete based on a differentiated
product, not low cost.

organizing - ANSWERSinvolves establishing authority and task relationships that help
people coordinate to achieve organizational goals

organization structure - ANSWERSa formal system of task and reporting relationships
among organizational members.

leading - ANSWERSinvolves coordinating, motivating, and energizing people to work
together to achieve organizational goals.

, vision - ANSWERSa statement where the organization is going and what goals are to
be achieved

Controlling - ANSWERSinvolves accurately measuring and monitoring the
organization's achievement of its goals. it involves monitoring the performance of
people, groups, departments and the entire organization as a whole.

interpersonal roles - ANSWERSroles which managers interact with people inside and
outside their work units. these include the roles of figurehead, leader, liaison.

figureheads - ANSWERSput new policies in place and serve as examples for
subordinates

leaders - ANSWERSprovide focus and motivate others

liaisons - ANSWERScoordinate activities and serve as a "go-between" within groups

informational roles - ANSWERSroles which managers analyze and communicate info.
these roles include the ones of monitor, disseminator, and spokesperson.

monitors - ANSWERSkeep an eye out for new info

disseminators - ANSWERSconvey info to others

spokespeople - ANSWERSare the official voices of the organization.

decisional roles - ANSWERSroles in which managers use info to make decisions to
solve problems or take advantage of opportunities. these include the roles of
entrepreneur, disturbance handler, resource allocator and negotiator.

entreprenuers - ANSWERSsuggest new courses of action to take advantage of
opportunities

disturbance handlers - ANSWERSmanage conflict, including clashes between groups or
individuals in the organization.

resource allocators - ANSWERSdetermine how to divide organizational resources
among business units, projects, or teams.

Mintzberg 3 categories of managerial roles - ANSWERS-Interpersonal roles
-Informational roles
-decisional roles

department - ANSWERSconsists of people with similar skills and who use similar
knowledge or tools to perform their jobs.

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Subido en
13 de diciembre de 2024
Número de páginas
10
Escrito en
2024/2025
Tipo
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