Management Fundamentals
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Questions and Answers

What is the result of a subordinate who perceives that they have a great deal of ability, in terms of leadership style?

  • They will be indifferent to any leadership style.
  • They will be dissatisfied with a directive style. (correct)
  • They will be satisfied with a directive style.
  • They will be motivated by a participative style.
  • What is the degree to which people believe that they have control over the outcome of events in their lives?

  • Locus of Control (correct)
  • Formalization
  • Task Structure
  • Primary Work Group
  • What is the process of regulating organisational activities so that actual performance conforms to expected organisational goals/standards?

  • Organizing
  • Controlling (correct)
  • Leading
  • Motivating
  • What refers to the amount of emotional support that is provided by an employee’s immediate work group?

    <p>Primary Work Group</p> Signup and view all the answers

    What is the set of procedures, rules, and policies in an organization?

    <p>Formalization</p> Signup and view all the answers

    What is the degree to which the requirements of a subordinate’s tasks are clearly specified?

    <p>Task Structure</p> Signup and view all the answers

    What does controlling investigate in an organization?

    <p>The extent to which planning has been successful</p> Signup and view all the answers

    What determines whether controls are effective in an organization?

    <p>How well they help employees and managers achieve their goals</p> Signup and view all the answers

    What is the purpose of controlling in an organization?

    <p>To measure performance and take action to ensure desired results</p> Signup and view all the answers

    What is the outcome of effective controls in an organization?

    <p>Employees and managers achieve their goals</p> Signup and view all the answers

    Study Notes

    Attaining Organizational Goals

    • Efficiency is getting the most output for the least inputs, also known as "doing things right".

    Management: A Science or an Art

    • Management is a science because it consists of a body of knowledge that indicates the procedures to be followed to provide an unambiguous demonstration of its theory.
    • Management is also an art because managers make decisions and solve problems based on intuition, experience, instinct, and personal insights.

    Universality of Management

    • The principles underlying management are universal and applicable to all types of organizations, at all levels, and in different organizations.

    Management Forms

    • Managers are individuals who coordinate and oversee the work of others to accomplish organizational goals.
    • There are three levels of managers: top managers, middle managers, and first-line managers.
    • Top managers make decisions that affect the entire organization and provide strategic direction.
    • Staff managers are in charge of activities like finance, personnel, purchasing, or legal affairs that support the line managers.
    • Project managers are responsible for a temporary team created to plan and implement a change, such as a new product or system.

    Managerial Roles (Mintzberg's 10 Roles)

    • Managerial roles refer to specific actions or behaviors expected of and exhibited by a manager.
    • There are three types of roles: informational, interpersonal, and decisional roles.
    • Informational roles include monitoring, disseminating, and speaking on behalf of the organization.
    • Interpersonal roles include figurehead, leader, and liaison roles.

    Principles and Theories

    • McGregor's Theory X and Y: Theory X assumes that workers are lazy and need to be controlled, while Theory Y assumes that employees are motivated and self-controlled.
    • Deficit principle: a satisfied need is not a motivator of behavior.
    • Progression principle: the five needs exist in a hierarchy.

    Controlling

    • Definition: the process of measuring performance and taking action to ensure desired results.
    • Controlling involves regulating organizational activities to conform to expected goals and standards.
    • Effective controls ensure that activities are completed in ways that lead to the attainment of goals.

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    Description

    Understanding key concepts in management, including efficiency, the science and art of management, and universality. Test your knowledge of these essential principles.

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