Managing Process
What is the 4 step management process?
Planning, Organizing, Leading, Controlling
What is the external organization "functions" enviroment.
Economy, consumer trends, government, corporate citizenship.
What is a need?
A need is a physiological or psychological deficiency a person feels compelled to satisfy
What are the different types of justice?
Procedural
Distibutive
Interactional
Commutative
What does SMART goals stand for?
Specific, Measurable, Attainable, Relevant, Timely
Who do the top managers support?
Team leaders and managers
What is included in the stakeholders in the business enviroment?
Owners, employers, and customers
What is the esteem need?
Need for esteem in eyes of others, respect, prestige, recognition, and self-esteem
What is the moral rights view?
Who created them?
( John Locke and Thomas Jefferson
Contracting for work that is performed by workers in other countries is called ________.
Global Sourcing
Technical, human, and conceptual
The worldwide interdependence of resource flows, product markets, and business competition that characterize our economy is called _____.
Globalization
What is the self-actualization need?
Bonus if you mention a certain thing about this need.
Need for self-fulfillment to grow and use abilities to the fullest and most creative extent
What is cultural relativism?
No culture's ethics are superior. The values and practices of the local setting determine what is right or wrong
What is the unity of command principle?
Each person should receive orders from only one boss
Which of the following refers to the ability to manage ourselves and our relationships effectively?
Emotional Intelligence
The intellectual capital equation is: Intellectual Capital=_______
Competency x Commitment
_______ holds that there is no one best way to manage
Contingency Thinking
What is the foreign corrupt policies act?
It is illegal for US persons or companies to offer money or anything of value to obtain or retain businesses
Managers use _______ and tools to solve complex problems
Quantitative analysis
How do these four functions work together to create, execute, and realize organizational goals?
In summary, these four functions create a comprehensive framework that guides organizations toward achieving their objectives effectively and efficiently.
What are the five rules or duties of management?
Foresight
Organization
Command
Coordination
Control
What is Maslow's hierarchy of human needs?
Physiological, safety, social, esteem, self-actualization
Polices vs Procedures
Policies communicate broad guidelines and decisions and actions
Procedures describe specific actions to be taken in specific situations
A _______ is someone who exposes the misconduct of organizations and their members
Whistleblower