How are employee evaluations used?
Promotion decisions, salary increases, bonuses, and other incentives.
Give some examples of traits that make a good manager.
Has strong customer focus
Good communication
Can relate to many people
What are the three types of org structures we have went over?
Flat
Tall
Matrix
Who is affected by manager's decisions?
Everyone (the team, employees, families, and morale)
What is ethical managment
the process of accounting for moral while managing an organization.
What is a org's most valuable asset?
People
List three types of planning used by management
short-term
long-term
strategic
What is a matrix org?
org structure where employees and managers from different teams work together to complete a specific project.
What does tooling mean?
Process of acquiring the manufacturing parts to produce a product.
Doing the right thing is more important than
doing things right
What does total compensation consist of?
Base salary, benefits, plus bonuses and incentives.
Being asked to share a new committee is an example of which mangement function?
leading/directing
What is the difference beteen centralized and decentralized org?
When making managerial decisions, it is important to try to ____________ any harm to the team or company.
minimize, reduce, eliminate
Decisions about layoffs can be
Difficult and Unpopular
Name 3 kinds of planning carried out by Human Resources
staffing plans
compensation plans
promotion plans
What are the FOUR primary functions of a manager?
1) Leading/directing
2) Planning
3) Evaluating/controlling
4) Organizing
What is a tall org structure?
Traditional corporate structure with upper level and mid management.
Operations management is the management of:
Processes that create products.
Being OPEN and HONEST with customers is better than...
Lying and covering things up.
Name FOUR org tasks carried out by HR
1) recruiting new team members
2) planning and organizing events
3) manage development of new employee
4) internal training and workshops
Which management function is using color-coded file folders?
Organizing.
What is an org structure?
The way the company is structured that defines who reports to who and how the departments are structured.
Name two functions of product managers..
Know everything about the product
Follow a product though its life.
Define the term ethics
moral principles that govern a person's behavior