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WorksheetsKey Concepts in Management Definitions
Total questions: 60
Worksheet time: 30mins
Define management
The process of coordinating people and other resources to achieve the goals of an organization.
The process of planning, organizing, leading, and controlling resources to achieve specific goals.
The art of making coffee for the team.
Define Planning
Planning is establishing organizational goals and deciding how to accomplish them.
Define Strategic Planning Process
The strategic planning process is the establishment of an organization’s major goals and objectives and the allocation of resources to achieve them
Define Mission
A mission a statement of the basic purpose that makes an organization different from others.
Define Goal
A goal is an end result that an organization is expected to achieve over a one- to ten-year period.
Define Core Competency
Approaches and processes that a company performs well that may give it an advantage over its competitors
Define SWOT analysis
Is the identification and evaluation of a firm’s strengths, weaknesses, opportunities, and threats.
Define Objective
a specific statement detailing what an organization intends to accomplish over a shorter period of time
Define Plan
an outline of the actions by which an organization intends to accomplish its goals and objectives
An idea
A method of doing something or achieving an end
A set of decisions on how to do something in the future
Define Tactical Plan
A tactical plan is a smaller-scale plan developed to implement a strategy.
Define Contingency Plan
A contingency plan is a plan that outlines alternative courses of action that may be taken if an organization’s other plans are disrupted or become ineffective.
Define Operational Plan
An operational plan is a type of plan designed to implement tactical plans.
Define Organizing
Organizing is the grouping of resources and activities to accomplish some end result in an efficient and effective manner.
Define Strategic Plan
A strategic plan is an organization’s broadest plan, developed as a guide for major policy setting and decision making.
Define Directing
Directing is the combined processes of leading and motivating
Define Leading
Leading is the process of influencing people to work toward a common goal.
Define Motivating
the process of providing reasons for people to work in the best interests of an organization
Define Controlling
Controlling is the process of evaluating and regulating ongoing activities to ensure that goals are achieved.
Define Middle Manager
A middle manager is the highest level of management in a company.
Middle manager is a manager who implements the strategy and major policies developed by top management
A middle manager is responsible for setting the company's overall strategy.
A middle manager only focuses on employee training and development.
Define Top Manager
A top manager is an upper-level executive who guides and controls the overall fortunes of an organization
Define First-line Manager
A first-line manager is a manager who coordinates and supervises the activities of operating employees
Define Financial Manager
A financial manager is a manager who is primarily responsible for an organization’s financial resources.
Define Operations Manager
An Operations Manager is a manager who manages the systems that convert resources into goods and services
Define Marketing Manager
A Marketing manager is a manager who is responsible for facilitating the exchange of products between an organization and its customers or clients
Define Leadership
Leadership is the ability to influence others.
Define Autocratic Leadership
Autocratic leadership is task-oriented leadership style in which workers are told what to do and how to accomplish it without having a say in the decision-making process.
Define Participative Leadership
Participative leadership is leadership style in which all members of a team are involved in identifying essential goals and developing strategies to reach those goals.
Define Transactional Leadership
Transactional leadership is leadership style that emphasizes structure, performance and productivity, and reward systems.
Define Transformational Leadership
Transformational leadership is leadership style that focuses on transforming organizations and industries.
Define Charismatic Leadership
Charismatic leadership is a personality-dependent leadership style.
Define Decision-making
Decision-making is the act of choosing one alternative from a set of alternatives.
Define Laissez-Faire Leadership
Laissez-Faire Leadership is a hands-off leadership style that provides direction, tools, and resources to employees while delegating responsibility and decision-making authority to them.
Define Problem
A problem is the discrepancy between an actual condition and a desired condition
Define Organization
An organization is a group of two or more people working together to achieve a common set of goals.
Define Organization Chart
An organization chart is a diagram that represents the positions and relationships within an organization.
Define Job Design
Job design is structuring the tasks and activities required to accomplish a firm’s objectives into specific jobs so as to foster productivity and employee satisfaction.
Define Chain of Command
The Chain of Command is the line of authority that extends from the highest to the lowest levels of an organization.
Define Job Specialization
Job specialization is the separation of all organizational activities into distinct tasks and the assignment of different tasks to different people.
Define Departmentalization
Departmentalization is the process of grouping jobs into manageable units.
Define Job Rotation
Job rotation is a the systematic shifting of employees from one job to another.
Define Authority
Authority is the power, within an organization, to accomplish an assigned job or task.
Define Delegation
Delegation is the assigning part of a manager’s work and power to other workers.
Define Responsibility
Responsibility is the duty to do a job or perform a task.
Define Accountability
Accountability is the obligation of a worker to accomplish an assigned job or task.
Define Decentralized Organization
A decentralized organization is an organization in which management consciously attempts to spread authority widely across various organization levels.
Define Span of Management
The span of management is the number of workers who report directly to one manager.
Define Centralized Organization
A centralized organization is an organization that systematically works to concentrate authority at the upper levels of the organization.
Define Organizational Height
Organizational height is the number of layers, or levels, of management in a firm.
Define Line Structure
Line structure is an organizational structure in which the chain of command goes directly from person to person throughout the organization.
Define Line Managers
Line managers are managers who make decisions and give orders to subordinates to achieve the organization’s goals.
Define Matrix Structure
A matrix structure is an organizational structure that combines vertical and horizontal lines of authority, usually by superimposing product departmentalization on a functionally departmentalized organization.
Define Cross-Functional Team
A cross-functional team is a team of individuals with varying specialties, expertise, and skills who are brought together to achieve a common task.
Define Staff Managers
Staff managers are managers who provide support, advice, and expertise to line managers.
Define Line-and-Staff structure
A Line-and-Staff structure is an organizational structure that utilizes the chain of command from a line structure in combination with the assistance of staff managers.
Define Team
A team is two or more workers collaborating to achieve a shared mission, goal, or work product.
Define Problem-Solving Team
A team of knowledgeable employees brought together to tackle a specific problem
Define Self-Managed Teams
Self-managed teams are groups of employees with the authority and skills to manage themselves.
Define Virtual Team
A virtual team is a team consisting of members who are geographically dispersed but communicate electronically.
Define ad hoc committee
An ad hoc committee is a committee created for a specific short-term purpose.
Define Standing Committee
A committee created for a specific short-term purpose
