Defined as a choice among alternatives
Decision
The process of locating and attracting qualified applicants for job openings
Recruitment
Involves both influencing followers to internalize and commit to a set of shared goals, and facilitating the group and individual work that is needed to accomplish those goals
Managerial Leadership
In class we watched a video about a company with a very unique culture where they valued weirdness. What was the name of this company?
Zappos
Statement that decides what values a company wants to emphasize
Values Statement
This downside of group decision making appears when the group settles for a solution that is “good enough”
Satisficing
Name the two types of structured interviews
Behavioral and Situational
One who is able to persuade their followers through their charisma
Referent power
For Nike’s culture their swoosh is an example of a?
Symbol
The acronyms of SMART goals are…
Specific, Measurable, Attainable, Results-Oriented, and Targeted
This decision making bias fails to ignore costs that have already been incurred
Sunk cost bias
Which act establishes minimum wage, child labor laws, etc.
Fair Labor Standards Act (FLSA)
Having different relationships with different subordinates
Leader-member exchange (LMX)
This organizational structure has a ______ design
Horizontal
Products that have high market share, low market growth rate, and steady income are
Cash Cows
This step in the rational decision making model is taken after the problem has been identified
Identify alternative solutions
What three components make up compensation
Base pay, incentives, benefits
Leadership style that focuses on clarifying employees’ roles and task requirements and providing rewards and punishments contingent on performance
Transactional Leadership
Stated values and slogans are called ______ values
Espoused
Type of planning that involves implementing policies and plans of top management, typically done by middle management
Tactical Planning
This individual decision making trait has a high tolerance for ambiguity and a values task and technical concerns
Analytical
_______ is defined as a set of processes and managerial behaviors that involve defining, monitoring, measuring, evaluating, and providing consequences for performance expectations
Performance management
The two leadership styles in Fiedler’s contingency model are _______ and _______
(1) task-oriented and (2) relationship-oriented
Name all 4 Organizational culture types
Clan, Adhocracy, Hierarchy, and Market
What are Porter’s Four Competitive Strategies?
Cost Leadership, Differentiation, Cost-Focus, Focused Differentiation