This is reduced when a company performs delayering it
What is the Chain of command?
Management style that involves centralised and autonomous decision-making, without input from others in the organization.
What is autocratic leadership?
This is a function of management in which Managers must set targets that are SMART (specific, measurable, agreed, realistic and time constrained)
What is Planning?
This person created a famous theory, the hierarchy of needs, discusses how people are motivated by different levels or categories of needs.
Who is Abraham Maslow?
This is a framework of generic growth strategies for a business, based of providing new or existing products in new or existing markets.
What is Ansoff matrix?
This type of organization chart is used by a company that has fluid communication because there are few levels of hierarchy.
What is flat/horizontal?
Management style that actively involves the participation of employees in the decision-making process.
What is democratic leadership?
This is a function of management in which Managers have the authority to give instructions to their subordinates to carry out various tasks.
What isCommanding?
This is a type of training intended for new employees in order to help them acclimatise with the people, policies, and processes of the organization.
What is induction training?
This tool allows manager to assess their organization’s product portfolio based on measures of relative market share and market growth
What is BCG matrix?
This happens when a company removes all the management from its organisational structure.
A hands-off approach to leadership by devolving decision-making power to the workforce.
What is laissez-faire?
The various roles and responsibilities of managers, i.e., coordinating, commanding, and controlling business operations.
What are the functions of management?
Also known as maintenance factors, these are the factors that F. Herzberg argued cause dissatisfaction in the workplace (rather than motivation), so must be addressed.
What are hygiene factors?
This quantitative tool is used to summarise a given set of data to support statistical and data analysis.
What is descriptive statistics?
These are 3 different approaches to structuring an organisation
By Function, product, and/or region
Management style that involves treating workers as family members, so managers make decisions believed to be in the best interest of the workforce
What is Paternalistic leadership?
This is a function of management in which Managers are in charge of ensuring that the performance of individual employees meets the standards and requirements of the organization.
What is Controlling?
This is the highest level of needs in Maslow’s hierarchy of needs, which occurs when people become the very best that they can be and fulfil their potential.
What is self actualization?
These models explore how businesses create value for their customers and other stakeholder groups whilst also reducing the environmental impacts of their operations.
What are circular business models?
Org charts can be arranged in many ways. List them all
What is
Flat or horizontal
Tall or vertical
By product, by function, or by region
Leadership style that requires leaders to change and adapt their approach in response to different situations and circumstances.
What is situational leadership?
These are the three levels of management.
What is senior, middle and supervisory?
Also known as growth factors, these factors address the higher-level needs in Herzberg’s motivation theory and are based around the job itself, e.g., achievement, purpose, and responsibility.
What are motivators?
This tool is a graphical representation of showing the probable outcomes of a business decision,
What is a decision tree?