Business Management and Leadership
Define Management:
The process of guiding the development, maintenance, and allocation of resources to attain organizational goals.
Efficiency or Effectiveness?
Management studying the process of packaging the products to be shipped to the customers in hope of cutting cost is an example of:
Efficiency - they are trying to use the least possible resources (cutting cost) to perform an action
Efficiency or Effectiveness?
The owner of Sliwinski Landscaping LLC. has a goal for each manager and their team of workers to mow 30 clients lawns per day. The owner asks for each of the manager to provide a list of houses they visited at the end of the week. This is an example of:
Effectiveness- checking if the workers are producing desired results
Planning, Organizing, Controlling or Leading
Jerry works for Amazon distribution center, his task is to measure the workers output (boxes shipped) to ensure that all workers are performing up to the standards. This is an example of:
Controlling- wants to see what employees are doing
Which city in NJ has the largest population?
Newark
List the 4 Main Managerial Activities:
Planning, Leading, Organizing, Controlling
Describe some of the activities/responsibilities in the Controlling Aspect of Management:
1)Measure performance
2)Compare performance to standards
3)Take necessary action to improve performance
Describe some of the activities/responsibilities in the Planning Aspect of Management:
1) Set objectives and state mission
2) Examine alternatives
3)
Define Leadership:
The process of guiding and motivating others toward the achievement of organizational goals.
What is the most popular drink in the USA?
Bottled Water
Describe some of the activities/responsibilities in the Leading Aspect of Management:
1) Lead and motivate employees to accomplish organizational goals
2) Communicate with employees
3)Resolve conflicts
List 1 Top Management position:
President, CEO,
Joshua is a manager at the local 7 Eleven. He is a very laid back boss who trusts his employees and does not care how a task gets done as long as it is completed.
Which type of leader is he?
Free Reign Leader
Describe some of the activities/responsibilities in the Organizing Aspect of Management:
1) Design jobs and specify tasks
2) Create organizational structure
3) Staff positions
4)Coordinate work activities
What is the most watched TV show of all time?
The Simpsons
What is the difference between Managerial Efficiency and Effectiveness:
Efficiency =using the least possible amount of resources to get work done
Effectiveness= the ability to produce a desired result
Explain how Free Reign Leaders manage their employees:
They turn over all authority and control to subordinates. Employees are assigned a task and then given free rein to figure out the best way to accomplish it.
Explain how Autocratic Leaders manage their employees:
They are very directive leaders, allowing for very little input from subordinates. Basically they tell people what to do it how to do it and it has to be done that way
Explain Expert Power:
Power derived from an individual’s extensive knowledge in one or more areas
I am an odd number. Take away one letter and I become even. What number am I?
Seven (take away the ‘s’ and it becomes ‘even’).
List the 4 types of managerial planning:
Strategic
Tactical
Operational
Contingency
Define/Explain
Operational Planning
This form of planning creates specific standards, methods, policies, and procedures that are used in areas of the organization.
List 3 out of 5 of the sources or bases of "power":
Expert Power
Legitimate Power
Reward Power
Coercive Power
Referent Power
Explain Legitimate Power:
Power derived from an individual’s position in an organization
Who has the most followers on Instagram?
Cristiano Ronaldo