Fundamentals of Management

Podcast

Play an AI-generated podcast conversation about this lesson

Download our mobile app to listen on the go

Get App

Questions and Answers

What is the definition of management?

The process of making decisions and giving orders in a traditional sense
The coordination and administration of tasks to achieve the goals and objectives of the organization through available resources (correct)
The development of informal relationships
The act of spending most of the time working alone

Based on the text, is management considered a science or an art?

Art
Both science and art (correct)
Neither science nor art
Science

What do managers spend most of their time doing, according to the text?

Making big decisions
Working alone
Interacting with others (correct)
Giving orders in a traditional sense

What are some of the roles that managers play, as mentioned in the text?

Interpersonal roles (A) Signup and view all the answers

What do managers do in terms of gathering information?

Rarely gather information (D) Signup and view all the answers

Explain the role of managers in coordinating and administering tasks to achieve organizational goals and objectives.

The role of managers is to coordinate and administer tasks in order to achieve the goals and objectives of the organization using available resources. Signup and view all the answers

What distinguishes the work of a manager from that of other workers?

Unlike other workers, managers consider activities such as attending meetings and making phone calls as part of their work. Signup and view all the answers

What are the main activities that managers engage in?

Managers spend most of their time interacting with others, identifying problems, developing plans, putting things in motion, asserting authority, developing relationships, and creating informal relations. Signup and view all the answers

What are the different roles that managers play?

Managers play interpersonal roles, informational roles, and decisional roles. Signup and view all the answers

How do managers spend their time in terms of working alone and working with others?

On average, managers spend 80% of their time working with others and only 20% of their time working alone. Signup and view all the answers

Flashcards

Management Definition

The coordination and administration of tasks using available resources to achieve organizational goals.

Management as Science and Art

Management is both a science and an art.

Manager's Time Allocation

Managers spend most of their time interacting with others.

Interpersonal Roles of Managers

Interpersonal roles involve interacting with individuals and groups within and outside the organization.