Management Fundamentals
What is an Organization?
an organized body of people with a particular purpose, especially a business, society, association, etc.
What does Corporate also mean?
Organizational Culture
What does the 'A' stand for in the OCEAN model?
Agreeableness
What is Organizing?
coordinating resources to execute a plan effectively
Who founded Tesla?
Elon Musk
What is a manager?
a person in an organization who supports and is responsible for the work of others.
What is 'Controlling'?
The process of measuring performance and taking action to ensure desired results
What type of stress can harm someones health?
Chronic stress
What is Automation?
Is the total mechanization of a job
Founder or Microsoft?
Bill Gates
What does a Manager do?
in charge of a department or employees
What does Controlling do?
Ensures Results
What is leadership?
The process of inspiring others to work hard to accomplish important tasks
What do flexible working hours do for employees?
Allow them to have some choice in daily work hours
Who did Steve Jobbs co-found?
Apple
What are ethics?
Are a code of moral principles used to set standards of “good” and “bad”
First step in the planning process?
Define your objectives
What does the 'O' stand for in the OCEAN model?
Openness
What is the Bureaucracy?
A form of organization based on logic, order, and the legitimate use of formal authority
Who is the executive chairman and former CEO of the Disney Corporation?
Bob Iger
Management Theory in the 1960's?
Modern Management approach
What is the first phase on Managing planned change?
Unfreezing
What is the first principle of visionary leadership?
Challenging the process
Who investigated 20 manufacturing firms in the 1960's?
Tom Burns & George Stalker
Who is the CEO of the most successful company in the world?
Tim Cook