Podcast
Questions and Answers
Which of the following statements best defines management?
Which of the following statements best defines management?
Managers use organizational resources inefficiently to achieve goals.
Managers use organizational resources inefficiently to achieve goals.
False
What are the four principal functions of management?
What are the four principal functions of management?
Planning, Organizing, Leading, Controlling
Management is often considered ____ through people.
Management is often considered ____ through people.
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Match the management function to its description:
Match the management function to its description:
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Which level of management is primarily responsible for strategic decisions?
Which level of management is primarily responsible for strategic decisions?
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Efficiency and effectiveness are the same concept in management.
Efficiency and effectiveness are the same concept in management.
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Name one of the main challenges for management in a global environment.
Name one of the main challenges for management in a global environment.
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Which of the following is NOT one of the four principal functions of management?
Which of the following is NOT one of the four principal functions of management?
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Controlling involves establishing accurate measuring and monitoring systems.
Controlling involves establishing accurate measuring and monitoring systems.
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What is the first step in the planning process?
What is the first step in the planning process?
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The process of motivating and coordinating individuals to achieve organizational goals is called ______.
The process of motivating and coordinating individuals to achieve organizational goals is called ______.
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Match the following management functions with their descriptions:
Match the following management functions with their descriptions:
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Which aspect is primarily focused on structuring working relationships?
Which aspect is primarily focused on structuring working relationships?
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An organization's vision is often a long and detailed description of its goals.
An organization's vision is often a long and detailed description of its goals.
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What do managers need to decide regarding organizational resources?
What do managers need to decide regarding organizational resources?
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What is a primary function of management related to evaluating performance?
What is a primary function of management related to evaluating performance?
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Managers do not monitor performance to determine if goals are being met.
Managers do not monitor performance to determine if goals are being met.
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What evidence can be seen of George David's management style?
What evidence can be seen of George David's management style?
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The CEO of Match Group, Bernard Kim, previously held a position at ________ for 6 years.
The CEO of Match Group, Bernard Kim, previously held a position at ________ for 6 years.
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Match the following individuals with their roles:
Match the following individuals with their roles:
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What was one of Bernard Kim's focuses at Match Group?
What was one of Bernard Kim's focuses at Match Group?
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Controlling allows managers to regulate organizational efficiency and effectiveness.
Controlling allows managers to regulate organizational efficiency and effectiveness.
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How can managers decide which goals to measure?
How can managers decide which goals to measure?
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Study Notes
Introduction to Management (BU6004) - Week 1
- Course: BU6004 - Introduction to Management
- Institution: Bahrain Polytechnic
- Textbook: Contemporary Management (2024 Release) by Jennifer M. George
- Learning Outcomes:
- Understand management, its importance, and how managers use resources effectively for goals.
- Differentiate among planning, organizing, leading, and controlling as managerial functions, and how they impact organizational performance.
- Recognize the different levels of management and associated tasks, responsibilities, and roles within an organization.
Definitions of Management
- Management is defined as the "art of getting things done through people" (Hill & McShane, 2008).
- Management is also the "attainment of organizational goals efficiently and effectively," achieved via planning, organizing, leading, and controlling resources (Daft, 2008).
Four Principal Functions of Management
- Planning: Choosing appropriate organizational goals and courses of action to achieve them.
- Organizing: Establishing task and authority relationships to enable collaboration towards organizational goals.
- Leading: Motivating, coordinating, and energizing individuals and groups for achieving organizational goals.
- Controlling: Establishing accurate measurement and monitoring systems to evaluate organizational progress against goals and to improve performance.
Planning Steps
- Decide organizational goals.
- Determine strategies to achieve goals.
- Allocate resources.
- Managers identify appropriate organization goals and develop strategies to achieve high performance.
Organizing
- Structuring relationships to foster collaboration for organizational goals.
- Managers decide best practices to organize resources, most specifically human resources.
- Organizational structure: A formal system of task and reporting relationships that coordinates and motivates people to achieve organizational goals. (e.g., Airbnb's COVID-19 response)
Leading
- Articulating a clear vision to spark engagement and inspire understanding of roles in achieving organizational goals.
- Vision statement: A concise summary of an organization's aspirations and future desired state.
- Using power, personality, influence, persuasion and communication skills to coordinate people/groups.
Controlling
- Evaluating how well the organization meets its goals and taking corrective actions.
- Monitoring performance of individuals, departments, and the overall organization to ensure standards are met.
- Control processes' output is accurate measuring and regulation of organizational efficiency and effectiveness.
Case Study: George David CEO
- Students are expected to analyze provided case study materials about George David to understand the aspects of his management style including planning, organizing, controlling, leading, and developing.
Example: Match Group CEO (Bernard Kim)
- Bernard Kim, the CEO of Match Group, previously served as president of Zynga and has experience at Electronic Arts and Walt Disney Company.
- He's been involved in global expansions (e.g., Hinge in Germany, Hyperconnect in South Korea).
- Kim emphasizes cost control alongside innovation in new products and services.
- Subscriber base of over 16 million worldwide.
Suggested Readings
- Contemporary Management (2024 Release) by Jennifer George, Chapter 1, Managers & Managing.
- Resources in suggested reading folder on the Moodle platform/Connect.
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Description
This quiz covers the foundational concepts of management as taught in Week 1 of BU6004 at Bahrain Polytechnic. It explores the significance of management functions such as planning, organizing, leading, and controlling, and their impact on organizational performance. Understand the essential roles of managers and the different levels of management within an organization.
