Podcast
Questions and Answers
What is the first step in the control process?
What is the first step in the control process?
In employee performance appraisal, which factor is NOT typically evaluated according to Tootelian, Wertheimer, and Mikhailitchenko (2012)?
In employee performance appraisal, which factor is NOT typically evaluated according to Tootelian, Wertheimer, and Mikhailitchenko (2012)?
Which function of a manager involves identifying the need for a new program or service and making necessary plans for its execution?
Which function of a manager involves identifying the need for a new program or service and making necessary plans for its execution?
What is one of the key competencies for effective management?
What is one of the key competencies for effective management?
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In the context of management, what does feedback primarily serve as?
In the context of management, what does feedback primarily serve as?
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What is emphasized as being more important than competitive pay for employee motivation according to the text?
What is emphasized as being more important than competitive pay for employee motivation according to the text?
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Based on the information provided, what is crucial for managers to surround themselves with?
Based on the information provided, what is crucial for managers to surround themselves with?
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What is the key importance of decision making in management?
What is the key importance of decision making in management?
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What distinguishes 'reasoned decisions' from 'spontaneous decisions' in management?
What distinguishes 'reasoned decisions' from 'spontaneous decisions' in management?
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How can indecisiveness in making management decisions affect an organization?
How can indecisiveness in making management decisions affect an organization?
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Study Notes
The Control Process
- The first step in the control process is establishing standards.
Employee Performance Appraisal
- Tootelian, Wertheimer, and Mikhailitchenko (2012) suggest that personal attributes are not typically evaluated in employee performance appraisals.
Managerial Functions
- Planning is the managerial function that involves identifying the need for a new program or service and making necessary plans for its execution.
Key Competencies for Management
- Emotional Intelligence is a crucial competency for effective management.
Function of Feedback
- Feedback primarily serves as a tool for improvement and development.
Employee Motivation
- Meaningful work is considered more important than competitive pay for employee motivation, according to the text.
Importance of Surroundings for Managers
- Managers should surround themselves with competent, skilled, and diverse teams.
Importance of Decision Making
- Decision making is crucial in management because it guides organizational actions and shapes its future direction.
Reasoned vs. Spontaneous Decisions
- Reasoned decisions are deliberate, based on analysis and consideration of available information, while spontaneous decisions are made quickly with limited or immediate information.
Impact of Indecisiveness
- Indecisiveness can lead to stagnation, missed opportunities, and decreased organizational effectiveness.
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Description
Test your knowledge on evaluating work performance, appraising results, correcting work performance, and making decisions in management functions. Explore the importance of problem solving in making accurate decisions.