Management Decision Making
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary purpose of conducting job analysis?

  • To create health and safety policies
  • To determine the skills and experience necessary to perform a job well (correct)
  • To develop incentive programs for employees
  • To evaluate employee performance
  • What is the main benefit of evaluating employee performance?

  • To create health and safety policies
  • To reduce turnover and minimize supervisory needs
  • To foster employee growth through constructive feedback (correct)
  • To develop professional development programs
  • Which human resource management function involves responding to employee grievances?

  • Workforce operations (correct)
  • Job analysis
  • Performance measurement
  • Incentive programs
  • What is the purpose of professional development programs?

    <p>To improve productivity and reduce turnover</p> Signup and view all the answers

    What is organizational structure in a business?

    <p>The formal interrelationships and hierarchical arrangements of human resources</p> Signup and view all the answers

    What is the primary purpose of incentive programs?

    <p>To recognize achievements and reward high performers</p> Signup and view all the answers

    What is the benefit of having a formal organizational structure in a business?

    <p>To increase productivity and efficiency</p> Signup and view all the answers

    What is a key aspect of workforce operations in a business?

    <p>Creating health and safety policies</p> Signup and view all the answers

    Why is job analysis important in the hiring process?

    <p>To determine the skills and experience necessary to perform a job well</p> Signup and view all the answers

    What is the main benefit of recognizing achievements and rewarding high performers?

    <p>To motivate employees to take ownership of business objectives</p> Signup and view all the answers

    Study Notes

    Decision Making

    • Decisions can be categorized into non-programmed (unique, unstructured, and non-repetitive) and programmed (routine, repetitive, and structured) decisions.
    • Non-programmed decisions, such as opening a new branch office, are typically made by upper management and have a significant impact on the organization.

    Types of Decisions

    • Policy decisions: long-term, strategic decisions made by top-level management officials that impact the entire organization.
    • Operating decisions: tactical decisions made by middle and lower management to implement policy decisions.

    Organizational and Personal Decisions

    • Organizational decisions: made by executives on behalf of the organization and can be delegated to subordinates.
    • Personal decisions: made by executives in a personal capacity, unrelated to the organization, and cannot be delegated.

    Individual and Group Decisions

    • Individual decisions: made by an individual in an official capacity.
    • Group decisions: made collectively by a group of individuals.

    Human Resource Management

    • Human resource management (HRM) entails deploying and developing people within an organization to meet business objectives.
    • HRM involves human resource planning, recruitment, selection, induction, training, performance management, and staff welfare.

    Human Resource Functions

    • Human resource functions may vary depending on industry, business size, and type of workers employed.
    • Primary objectives of HRM include acquiring and cultivating talent, improving communication and cooperation among workforce members.

    HRM Functions

    • Job analysis: determining skills and experience necessary to perform a job well.
    • Workforce operations: creating health and safety policies, responding to employee grievances, and working with labor unions.
    • Performance measurement: evaluating performance to foster employee growth and guide raises, promotions, and dismissals.
    • Incentive programs: recognizing achievements and rewarding high performers with bonuses and perks.
    • Professional development: improving productivity, reducing turnover, and minimizing supervisory needs through training and educational programs.

    Organizational Structure

    • Organizational structure refers to the formal interrelationships and hierarchical arrangements of human resources within a business.
    • Businesses organize their human resources in various ways, depending on size and demands of the job.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    This quiz covers types of management decisions, including programmed and non-programmed decisions. Learn about decision-making processes in organizations.

    More Like This

    Management Decision Making Quiz
    10 questions
    Grile SIE - Management și Decizii
    21 questions

    Grile SIE - Management și Decizii

    AppreciativeSerpentine9969 avatar
    AppreciativeSerpentine9969
    Types of Decisions in Management
    24 questions

    Types of Decisions in Management

    PreciousPromethium4187 avatar
    PreciousPromethium4187
    Use Quizgecko on...
    Browser
    Browser