the pursuit of organizational goals by integrating the work of people using the organization's resources
What is Management
The management skill that requires job-specific knowledge required to perform well in a specialized field.
What is technical skill?
The first step of the four functions of management
People or groups in the organization’s external environment that are affected by it
What is an external stakeholder?
The trend of the world economy toward becoming a more interdependent system
What is globalization?
to use resources wisely and cost-effectively
What is efficiency?
The Gilbreths created time and motion research observing who?
Who are their children?
A rational, efficient, ideal organization based on the principles of logic
What is bureaucracy?
The first part of the systems viewpoint
What is inputs?
A situation in which you have to decide whether to pursue a course of action that may benefit you or your organization but that is unethical or even illegal
Culture in which shared meanings are primarily derived from written and spoken words
What is low-context culture?
Executives that determine the overall direction of the organization and establish the objectives, policies, and strategies for it.
Often shortened SOX, established requirements for proper financial record keeping for public companies and penalties for noncompliance
What is the Sarbanes-Oxley Act of 2002?
Arranging tasks, people, and other resources to accomplish the work
What is organizing?
The illegal trading of a company’s stock by people using confidential company information
What is insider trading?
Function of management that monitors performance, comparing performance with goals, and taking corrective action as needed.
What is Controlling?
A trade barrier in the form of a customs duty, or tax, levied mainly on imports
What is a tariff?
The management role that serves as a figurehead, demonstrates leadership and serves as a liaison
What is Interpersonal?
According to McGregor's research, managers have pessimistic view of employees are labeled Theory ____
What is X?
A manager who accept that there are differences and similarities between home and foreign personnel and practices and that they should use whatever techniques are most effective
What is a geocentric manager?
A form of licensing in which a company allows a foreign company to pay it a fee and a share of the profit in return for using the first company’s brand name and a package of materials and services
What is franchising?
The management role that acts as an entrepreneur, a disturbance handler, resource allocator, and negotiator
What is Decisional
The problem with the Classical viewpoint of management
What is too mechanistic (treating people like machines)?
The management skill consists of the ability to think analytically, to see the organization as a whole, and understand how the parts work together.
What is conceptual skills?
Managing for the ability of an organization to produce goods or services more effectively than competitors do
What is managing for competitive advantage