Podcast
Questions and Answers
What is a defining criterion for a discipline?
What is a defining criterion for a discipline?
Management is considered a discipline because it effectively addresses the two criteria outlined in the definition of a discipline.
Management is considered a discipline because it effectively addresses the two criteria outlined in the definition of a discipline.
True
Name the three types of managers mentioned.
Name the three types of managers mentioned.
Patrimonial/Family, Professional, Political/Civil Servants
Management as a ______ establishes a cause-and-effect relationship between variables.
Management as a ______ establishes a cause-and-effect relationship between variables.
Signup and view all the answers
Match the following management types with their definitions:
Match the following management types with their definitions:
Signup and view all the answers
What is NOT a characteristic of art mentioned in the content?
What is NOT a characteristic of art mentioned in the content?
Signup and view all the answers
Every artist strives to create something that has never existed before.
Every artist strives to create something that has never existed before.
Signup and view all the answers
What do managers utilize to promote an organization's growth?
What do managers utilize to promote an organization's growth?
Signup and view all the answers
Management is both an art and a _________ because it requires skills as well as knowledge.
Management is both an art and a _________ because it requires skills as well as knowledge.
Signup and view all the answers
Match the following characteristics with their descriptions:
Match the following characteristics with their descriptions:
Signup and view all the answers
Which quality differentiates renowned painters from ordinary ones?
Which quality differentiates renowned painters from ordinary ones?
Signup and view all the answers
Effective management does not require creativity.
Effective management does not require creativity.
Signup and view all the answers
What is the relationship between theory and practice in management as described in the content?
What is the relationship between theory and practice in management as described in the content?
Signup and view all the answers
Who is known as the 'Father of Modern Management Theory'?
Who is known as the 'Father of Modern Management Theory'?
Signup and view all the answers
The contingency approach focuses more on structure and authority in organizations.
The contingency approach focuses more on structure and authority in organizations.
Signup and view all the answers
What is the main focus of Systems Theory in management?
What is the main focus of Systems Theory in management?
Signup and view all the answers
According to Henri Fayol, division of work improves product quality and increases worker __________.
According to Henri Fayol, division of work improves product quality and increases worker __________.
Signup and view all the answers
What is one of the fourteen principles of management proposed by Henri Fayol?
What is one of the fourteen principles of management proposed by Henri Fayol?
Signup and view all the answers
Authority in management creates accountability for the work done under supervision.
Authority in management creates accountability for the work done under supervision.
Signup and view all the answers
What shift does the contingency approach represent in modern management?
What shift does the contingency approach represent in modern management?
Signup and view all the answers
Match the following management principles with their descriptions:
Match the following management principles with their descriptions:
Signup and view all the answers
What is one of the primary goals of management?
What is one of the primary goals of management?
Signup and view all the answers
Management is primarily concerned with increasing costs within an organization.
Management is primarily concerned with increasing costs within an organization.
Signup and view all the answers
What role do managers play in employee training?
What role do managers play in employee training?
Signup and view all the answers
The purposes of management include __________, optimum utilization of resources, and long-term survival.
The purposes of management include __________, optimum utilization of resources, and long-term survival.
Signup and view all the answers
Match the following purposes of management with their descriptions:
Match the following purposes of management with their descriptions:
Signup and view all the answers
Which function is NOT associated with management?
Which function is NOT associated with management?
Signup and view all the answers
Managers are responsible for building the enterprise's image.
Managers are responsible for building the enterprise's image.
Signup and view all the answers
Identify one way management contributes to social justice.
Identify one way management contributes to social justice.
Signup and view all the answers
What is a key benefit of technological advancement in organizations?
What is a key benefit of technological advancement in organizations?
Signup and view all the answers
A sole proprietorship allows multiple owners to share responsibility for the business.
A sole proprietorship allows multiple owners to share responsibility for the business.
Signup and view all the answers
What type of business organization is formed when two or more people come together to start a business?
What type of business organization is formed when two or more people come together to start a business?
Signup and view all the answers
A ______ is responsible for all financial obligations and debts in a sole proprietorship.
A ______ is responsible for all financial obligations and debts in a sole proprietorship.
Signup and view all the answers
Which of the following is a common form of business organization?
Which of the following is a common form of business organization?
Signup and view all the answers
In a partnership, taxes are withheld from distributions to partners.
In a partnership, taxes are withheld from distributions to partners.
Signup and view all the answers
What common themes are shared between engineering and organizational studies?
What common themes are shared between engineering and organizational studies?
Signup and view all the answers
Match the following types of business organizations with their characteristics:
Match the following types of business organizations with their characteristics:
Signup and view all the answers
What is a significant disadvantage of a brick and mortar business?
What is a significant disadvantage of a brick and mortar business?
Signup and view all the answers
Brick and Click organizations operate only online.
Brick and Click organizations operate only online.
Signup and view all the answers
What is one advantage of a brick and click organization?
What is one advantage of a brick and click organization?
Signup and view all the answers
In a brick and mortar business, __________ costs are high due to the need for physical space.
In a brick and mortar business, __________ costs are high due to the need for physical space.
Signup and view all the answers
Match the following characteristics to their respective business types:
Match the following characteristics to their respective business types:
Signup and view all the answers
Which of the following is a factor that contributes to higher employee costs in physical stores?
Which of the following is a factor that contributes to higher employee costs in physical stores?
Signup and view all the answers
Limited offerings in brick and mortar stores can lead to a decrease in sales.
Limited offerings in brick and mortar stores can lead to a decrease in sales.
Signup and view all the answers
Name one disadvantage of physical businesses mentioned in the context.
Name one disadvantage of physical businesses mentioned in the context.
Signup and view all the answers
Study Notes
Maslow's Hierarchy of Needs
- Abraham Maslow, a psychologist, proposed a hierarchy of needs, prioritizing employee expectations.
Modern Management Theories
-
Systems Approach:
- This theory views organizations as interconnected networks rather than machines.
- It emphasizes understanding how different parts of an organization interact.
-
Contingency Approach:
- This approach focuses on the people within the organization, rather than just structure.
- Principles still hold value in modern workplaces.
Fayol's Fourteen Principles of Management
-
Division of Work:
- Separating tasks among workers improves product quality and worker efficiency.
-
Authority and Responsibility:
- Authority enables more efficient management, while responsibility holds managers accountable.
-
Discipline:
- Essential for any project; good performance and interdependence ease management.
-
Management as a Group:
- Includes all people responsible for running a business.
- Often refers to top-level management like CEOs.
- Can be viewed as a group or only high-level managers.
-
Management as a Science:
- A systematic body of knowledge, establishing cause-and-effect relationships.
- Developed from scientific observation and testing.
Management as an Art
- Knowledge: Understanding various principles and applications in real-world situations.
- Skill & Style: Different approaches to managing; skill is essential.
- Innovation & Creativity: Managers should use resources to achieve desired outcomes.
- Practice: Managers improve through trial and error.
- Goal-Oriented: Management has established and clear objectives.
Management as Both Art and Science
- Combining scientific principles with skilled application makes management complete and effective.
Functions of Managers
- Direct and instruct employees.
- Monitor production quantity and quality.
- Manage positive relationships.
- Address worker problems and grievances.
- Provide training and organizational support.
- Prepare performance reports.
- Maintain discipline and inspire workers.
Purposes of Management
- Cost Saving: Optimally utilizing resources.
- Optimum Resource Utilization: Minimize waste and maximize output.
- Long-term Survival: Ensuring smooth operation to benefit both employees and employers.
- Growth & Social Justice: Boosting societal standards, productivity, and employment opportunities.
Influence of Other Fields on Organizational Behavior
- Engineering: Influences work measurement, productivity and design.
- Medicine: Increasing demand for work-life balance and human health in organizations.
Forms of Business Organization
- Sole Proprietorship: Simple structure, owner controls all aspects, but personally liable.
- Partnership: Two or more individuals contributing resources to a business.
- Corporation: Most complex, involving legal and tax considerations.
Brick and Mortar Business Disadvantages
- High Running Costs: Store rental/ownership, inventory, utilities.
- High Employee Costs: Recruitment, salaries, employee benefits.
- Limited Offerings: Space restrictions impact product selection.
Brick and Click Organizations
- Businesses operating both online and in physical stores.
Brick and Click Organization Advantages
- Accessibility: Reaches broader customer base.
- Brand Building: Physical stores create stronger brand loyalty.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Test your knowledge on the key concepts of management, including its definition as a discipline and the types of managers involved. This quiz will help you understand how management establishes cause-and-effect relationships and reinforces the importance of various management roles.
