University of Oklahoma

Note over Linguistics.

Formal Group - Answer created to accomplish specific goals Informal Group - Answer Created for friendship Work Teams - Answer Continuous work in organizations, Competition based on efficiency, Specializes in process innovations Project Teams - Answer Every project is different and focuses on effectiveness. We give up efficiency to get a better outcome Cross-Functional Teams - Answer Teams that involve individuals from different parts of the organization ...

Group - Answer 1Two or more freely interacting individuals who share norms, goals, and have a common identity. Work Group Example - Answer A collection of 10 employees meeting to exchange information about various company policies on wages and hours. Team - Answer defined as a small group of people working together with a common purpose, performance goals, and mutual accountability. Teamwork - Answer defined as the ability to work effectively with and build colla...

Organization - Answer A group of people who work together to achieve some specific purpose Management - Answer 1. Pursuing goals Efficiently and Effectively 2. Integrating the work of people 3. Planning, organizing, leading, and controlling the organization's resources Efficiency - Answer "the means" - the means of attaining an organization's goals -use resources wisely and cost-effectively Effectiveness - Answer "the ends" - achieve result...

Strategic Controls - Answer 1. Market Share 2. Market Power Strategy - Answer - firm's theory about how to gain competitive advantage - figure out how to sustain competitive advantage - make commitments, decisions, and actions to PROTECT, ENHANCE, and CREATE Types of Competitive Advantage - Answer 1. Efficiency - cost advantage over competitors 2. Effectiveness - preference for your firm's output to where consumers will pay a premium Ways to Achieve Competiti...

controlling - Answer Defined as monitoring performance, comparing it with goals, and taking corrective action as needed establish standards - Answer step one in control process - BEST measure when they can be quantifiable measure performance - Answer step two in control process - written reports, oral reports, and personal observations compare performance to standards - Answer step three in control process - management by exception take corrective action, i...

Effiency - Answer the means of attaining the organization's goals To be efficient means to use the resources-people, money raw materials, and the like- wisely and cost-effectively Effectiveness - Answer the ends, regards the organization's ends, the goals To be effective means to achieve results, to make the right decisions, and to successfully carry them out so that they achieve the organizations goals The Four Principle Functions of Managers - Answer Plannin...

Why teamwork is important - Answer increased productivity increased speed reduced cases improved quality reduced destructive internal competition improved workplace cohesiveness Group - Answer two or more people freely interacting individuals who share norms, share goals and have a common identity. Formal Groups - Answer created with a certain purpose to accomplish a specific goal Informal Groups - Answer no one designed it, you just show up, it will happen ...

Strategic HRM - Answer gets the right people, competencies, and connections into the right places at the right time What is effective HRM? - Answer Putting employees first Recruitment - Answer How to attract qualified candidates Selection - Answer How to choose the best person for the job Training - Answer Teaching you how to do your job Development - Answer Giving you skills for your career Internal Recruiting - Answer hiring from the ...

controlling - Answer Process when managers monitor and evaluate whether the organization's strategy and structure are working as intended, how they could be improved, and how they might be changed if they are not working. control systems - Answer Formal target-setting, monitoring, evaluation, and feedback systems that provide managers with information about how well the organization's strategy and structure are working. -should be flexible so managers can respond as needed ...