10 Questions
What is the main focus of management?
Reaching organizational goals by working with and through people and organizational resources effectively and efficiently.
What are the two main characteristics of management?
It is a process and it works with and through people.
Define efficiency in managerial concerns.
Efficiency is a measure of speed and cost, saving time, money, and effort by doing things right.
What does effectiveness measure in managerial concerns?
Effectiveness is a measure of quality, getting the job done by doing the right things.
List the four organizational resources that management works with.
Human, monetary, raw materials, and capital.
What is the difference between efficiency and effectiveness in managerial concerns?
Efficiency focuses on doing things right, while effectiveness focuses on doing the right things.
Why is getting the job done considered effective in management?
Because it is about achieving organizational goals by doing the right things.
Explain why hiring the right person is more important than hiring right away in the context of effectiveness.
Hiring the right person ensures quality and attainment of organizational goals, which is more crucial than quick hiring.
What is the primary goal of management?
To reach organizational goals effectively and efficiently.
How does management contribute to meaningful and fulfilling work for managers?
By offering challenging, exciting, and creative opportunities in reaching organizational goals.
Learn about the common characteristics of organizations and what managers do based on the Functional Approach by Henri Fayol. Explore concepts such as purpose, people composition, deliberate structure, and planning.
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