Introduction to Organization and Management

Administration primarily focuses on the determination of objectives and major policies.

Management is a doing or executive function that implements policies and plans.

Management is an art due to its reliance on personal skills and intuition, and a science because it uses systematic knowledge and principles.

<p>Administration's main functions are planning and organizing, while management focuses on motivation and controlling.</p> Signup and view all the answers

<p>Management requires technical ability more than administrative ability.</p> Signup and view all the answers

<p>To determine overall strategic direction and finalize the organization's goals.</p> Signup and view all the answers

<p>Factory Manager, Heads of Department, and Senior Managers.</p> Signup and view all the answers

<p>To supervise daily operations, execute work schedules, and address workers' problems.</p> Signup and view all the answers

<p>By planning executive strategies and transmitting ideas to Lower Management.</p> Signup and view all the answers

<p>Top Management.</p> Signup and view all the answers

<p>To handle overall functions and oversee large operational units.</p> Signup and view all the answers

<p>It involves operational-level managing, focusing on hands-on supervision.</p> Signup and view all the answers

<p>Guiding operations and helping in strategic decisions.</p> Signup and view all the answers

<p>An organization is a deliberate arrangement of people working together to achieve specific goals. Its key characteristics include having a distinct purpose, being composed of people, and having a deliberate structure.</p> Signup and view all the answers

<p>To monitor operations and provide data for performance evaluation.</p> Signup and view all the answers

<p>Managers are responsible for supervising the use of an organization's resources to meet its goals. They ensure that human, financial, physical, and informational resources are utilized effectively.</p> Signup and view all the answers

<p>It refers to the varied skills required at each management level to effectively perform their roles.</p> Signup and view all the answers

<p>Mary Parker Follett defines management as 'the art of getting things done through others.' This emphasizes the collaborative aspect of managerial roles.</p> Signup and view all the answers

<p>Effectiveness refers to the achievement of objectives, while efficiency concerns achieving those ends with the least amount of resources, like time and money.</p> Signup and view all the answers

<p>The four basic functions of management in the POLC framework are planning, organizing, leading, and controlling.</p> Signup and view all the answers

<p>Two branches of management include Human Resource Management and Financial Management.</p> Signup and view all the answers

<p>Productivity is defined as the output-input ratio within a time period, considering quality.</p> Signup and view all the answers

<p>The primary purpose of planning is to decide in advance what to do, how to do it, when to do it, and who is to do it, bridging the gap from the current state to the desired future state.</p> Signup and view all the answers

<p>To organize a business means to provide it with everything useful for its functioning, including raw materials, tools, capital, and personnel.</p> Signup and view all the answers

<p>The main role of leadership is to motivate, influence, and guide employees towards achieving organizational goals.</p> Signup and view all the answers

<p>The purpose of controlling is to ensure that activities conform to standards and to check progress toward objectives, making corrections as necessary.</p> Signup and view all the answers

<p>The key components of financial management include financing decisions, investment decisions, and dividend decisions.</p> Signup and view all the answers

<p>Human resource management involves manpower planning, recruitment, training and development of employees, and managing compensation.</p> Signup and view all the answers

<p>Marketing management refers to the process of making marketing mix decisions to promote and sell products or services effectively.</p> Signup and view all the answers

<p>Top management, also known as strategic management, is significant for setting overall organizational goals and direction.</p> Signup and view all the answers

<p>Supply chain management is critical because it ensures efficient flow of goods and services from suppliers to customers.</p> Signup and view all the answers

<p>Conceptual skills, human skills, and technical skills.</p> Signup and view all the answers

<p>The interpersonal role involves interacting with others, such as acting as a figurehead or leader. An example is providing ethical guidelines to employees.</p> Signup and view all the answers

<p>The monitor evaluates the performance of managers and watches for changes in the environment that may impact the organization.</p> Signup and view all the answers

<p>The negotiator works with suppliers, distributors, and labor unions to reach agreements.</p> Signup and view all the answers

<p>Human skills enable managers to cooperate effectively with others, fostering teamwork and communication.</p> Signup and view all the answers

<p>A leader provides an example for employees, gives direct commands, and makes decisions.</p> Signup and view all the answers

<p>The spokesperson launches advertising campaigns and informs the community about the organization's future intentions.</p> Signup and view all the answers

<p>The disturbance handler takes corrective action to deal with unexpected problems.</p> Signup and view all the answers

<p>Resource allocation involves distributing existing resources among different functions and departments.</p> Signup and view all the answers

<p>Conceptual skills help top-level managers understand complex situations and develop innovative solutions.</p> Signup and view all the answers

A structured group of people working together to achieve common goals.

The process of planning, organizing, leading, and controlling to achieve organizational goals using resources.

The desired outcomes or purposes an organization strives to achieve.

The tangible and intangible assets (materials, skills, finances, information) used to achieve organizational goals.

The ratio of output to input over a period, considering quality.

Achieving organizational objectives.

Achieving objectives using the least amount of resources.

Deciding in advance what to do (tasks), how to do it, when, and who will do it to reach future goals.

Bringing together resources (people, money, materials) and creating good relationships to achieve organizational goals.

Motivating, influencing, and guiding employees to work toward organizational goals.

Checking if progress matches planned objectives and fixing any issues.

Strategic management level focused on long-term goals.

Planning work, controlling quality, managing inventory and inspecting products.

Deciding how to fund activities, invest capital, and distribute earnings.

Planning, acquiring, developing, and rewarding people to meet organizational needs.

Making decisions about marketing mix.

The management level that bridges the gap between top management and lower management, planning and implementing tactical strategies and policies.

The operational level of management, directly responsible for daily operations, supervision, and problem-solving.

Long-term planning that establishes the overall direction and goals of the organization.

Medium-term planning that translates strategic goals to specific actions and policies.

Daily planning and execution of tasks to support the overall strategy.

Determining and finalizing organization's aims/goals, defining its vision, and planning long-term solutions.

Transmitting top management's ideas to lower levels, helping with strategic decisions and guiding operational work.

Supervising day-to-day operations, planning schedules, solving immediate problems, and recording daily progress.

The different hierarchical stages in an organization (top, middle and lower) each with specific roles and responsibilities.

A shared understanding of the organization's purpose, values, and future direction; serves as a roadmap for everyone.

The ability to adjust strategies and actions in response to changing circumstances and challenges.

The ability to understand and manage your own emotions, while also recognizing and responding to others' emotions effectively.

Administration focuses on setting goals and policies, while management puts those plans into action and manages resources for their achievement.

It involves using creative, intuitive skills and judgment to solve problems, make decisions, and achieve desired results.

Abilities managers need to perform their roles effectively, categorized into three types: conceptual, human, and technical.

The ability to understand complex situations and develop creative solutions.

The ability to work well with others, build relationships, and motivate teams.

The ability to apply expertise and perform specialized tasks with proficiency.

Managerial roles that involve interacting with other people.

Managerial roles that involve gathering, processing, and transmitting information.

Managerial roles that involve making decisions and allocating resources.

Represents the organization to outsiders and sets ethical standards.

Coordinates with other departments and builds external partnerships.