Organization and Management Week 1

Questions and Answers

Which of the following is NOT one of the elements of management definition?

Effectiveness

Efficiency

Process

Costs (correct)

What does efficiency in management represent?

Getting the most output from the least amount of inputs.

Define effectiveness in management.

Completing activities so that organizational goals are attained.

The five major managerial duties are represented by the acronym ______.

POSDICON Signup and view all the answers

Match the following functions of management with their descriptions:

Planning = Determining the organization's goals and defining actions to accomplish them Organizing = Putting together resources for the achievement of organizational goals Staffing = Selecting and developing personnel for the organization Directing = Ensuring effective methods to work efficiently towards goals Controlling = Evaluating performance and correcting if necessary Signup and view all the answers

What is the main purpose of staffing in management?

Putting the right person for the job. Signup and view all the answers

Planning is an unimportant function of management.

False Signup and view all the answers

What are the elements of directing in management?

Communication, Leadership, Motivation, Supervision. Signup and view all the answers

Study Notes

Objectives of Management Study

Discusses meaning and functions of management.
Explains types and theories of management.

Definition of Management

Process: Ongoing functions and activities engaged by managers.
Efficiency: Achieving maximum output with minimal inputs; focuses on "doing things right".
Effectiveness: Completing tasks to meet organizational goals; focuses on "doing the right things".

Functions of Management (POSDICON)

Planning:
- Fundamental function; involves setting goals and determining strategic actions.
- Ensures effective use of resources to meet external needs.
Organizing:
- Gathers physical, financial, and human resources to achieve goals.
- Involves assignment of duties, classification of activities, and delegation of authority.
Staffing:
- Focuses on placing the right individuals in the right roles.
- Involves recruitment, selection, training, appraisals, and managing personnel.
Directing:
- Ensures organizational methods that promote efficiency.
- Key elements include communication, leadership, motivation, and supervision.
Controlling:
- Evaluates and corrects performance to align with set goals.
- Steps include establishing performance standards, measuring actual performance, and implementing corrective actions.

Description

This quiz covers the essential concepts of management including its meaning, functions, types, and theories. Learners will delve into the ongoing processes and the importance of efficiency in management practices. Assess your understanding of these foundational principles in the field of management.