Podcast
Questions and Answers
What are the three basic types of skills identified by Robert L. Katz?
What are the three basic types of skills identified by Robert L. Katz?
Technical, human, and conceptual
Which of the following is NOT one of Henry Mintzberg's managerial roles?
Which of the following is NOT one of Henry Mintzberg's managerial roles?
- Spokesperson
- Negotiator (correct)
- Liaison
- Figurehead
What are the five basic functions of management according to Henry Fayol?
What are the five basic functions of management according to Henry Fayol?
Planning, organizing, directing, staffing, and controlling
Technical skills become more important as one moves up the management hierarchy.
Technical skills become more important as one moves up the management hierarchy.
Which of the following is NOT a characteristic of management?
Which of the following is NOT a characteristic of management?
What are the three broad groups that Herbison and Myres use to describe the scope of management?
What are the three broad groups that Herbison and Myres use to describe the scope of management?
Management is only applicable to business organizations.
Management is only applicable to business organizations.
What is the primary purpose of management?
What is the primary purpose of management?
Managers must always be the most skilled in every area they manage.
Managers must always be the most skilled in every area they manage.
What is the difference between management as a science and management as an art?
What is the difference between management as a science and management as an art?
The role of a manager is relatively stable and unchanging.
The role of a manager is relatively stable and unchanging.
Flashcards
What is planning in management?
What is planning in management?
The process of setting goals and objectives for the organization, devising strategies and action plans to achieve them.
What is a strategic plan?
What is a strategic plan?
It's a strategic-level plan that outlines the organization's broad long-term goals and objectives.
What is decision-making in management?
What is decision-making in management?
It's a process of selecting the best course of action from several alternatives to achieve a desired outcome.
What is group decision-making?
What is group decision-making?
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What is Management by Objectives (MBO)?
What is Management by Objectives (MBO)?
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What is McKinsey's 7-S Framework?
What is McKinsey's 7-S Framework?
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What is organizing in management?
What is organizing in management?
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What is staffing in management?
What is staffing in management?
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What is performance appraisal?
What is performance appraisal?
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What is leading in management?
What is leading in management?
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What is controlling in management?
What is controlling in management?
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What is resource allocation in management?
What is resource allocation in management?
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What is technical skill in management?
What is technical skill in management?
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What is human skill in management?
What is human skill in management?
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What is conceptual skill in management?
What is conceptual skill in management?
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What is design skill in management?
What is design skill in management?
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What are institution building skills?
What are institution building skills?
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What is leadership in management?
What is leadership in management?
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What is communication in management?
What is communication in management?
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What is a team in management?
What is a team in management?
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What is teamwork in management?
What is teamwork in management?
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What is the figurehead role in management?
What is the figurehead role in management?
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What is the leadership role in management?
What is the leadership role in management?
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What is the liaison role in management?
What is the liaison role in management?
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What is the monitor role in management?
What is the monitor role in management?
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What is the disseminator role in management?
What is the disseminator role in management?
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What is the spokesperson role in management?
What is the spokesperson role in management?
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What is the entrepreneur role in management?
What is the entrepreneur role in management?
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What is the disturbance handler role in management?
What is the disturbance handler role in management?
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What is the resource allocator role in management?
What is the resource allocator role in management?
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What is the negotiator role in management?
What is the negotiator role in management?
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Study Notes
Principles and Practices of Management Syllabus
- Course Objectives: Familiarize students with management concepts, history, ethics, social & environmental issues; provide practical management skills and organizational management knowledge; examine management functions (planning, organizing, leading, controlling); and their impact on business.
- DCOM102 Course Outline: Covers different management areas like management definitions, nature, purpose, scope, manager skills & roles, management principles, management thought, planning, decision-making, management by objectives, styles of management, organizing, staffing, organizational change, leading, and controlling.
- DMGT101 Course Outline: Contains similar content as DCOM102, covering management, planning, decision-making, management by objectives, organizing, staffing, leading and controlling.
- Course Content: Includes units on Introduction to Management, Evolution of Management Thought, Planning, Forecasting, Decision-making, Management by Objectives, Organizing, Span of Management, Delegation, Authority & Power, Staffing & Coordination, Performance Appraisal, Organizational Change, Motivation, Leadership, Communication, Teamwork and Controlling.
- Course Structure: Organizes the content into units with specified page numbers, suggesting a structure for unit learning.
Unit 1: Introduction to Management
- Objectives: Students will be able to define management, discuss its nature, purpose, and scope, identify manager roles and skills, and explain managerial functions.
- Management Definitions: Many definitions are presented, varying perspectives and characteristics. Key ideas include developing people, cooperative group direction, planning, organizing, actuating, controlling to achieve goals, and integration of personnel and resources.
- Nature of Management: Management is economic (maximizing results), skilled (getting things done through people), a process (continuing until goals are reached), universal (applies across various organizations), a blend of science & art (principles & practice), a profession (training, codes, social responsibility).
- Scope of Management: Management encompasses economic resources (land, labor, capital), a system of authority (rules and procedures), and a managerial class or elite.
- Purpose of Management: Reduce operational ambiguity, keep costs down, motivate others, calculate risks, manage risk, and exercise good judgment.
- Characteristics of Management: An economic resource, goal-oriented, a distinct process, an integrative force, an intangible force, achieving results through others, a science and an art, and operates at different levels.
- Management as a Profession: Examines if management satisfies the criteria: a substantial body of knowledge, skilled application, a professional body, self-control, social responsibility, community approval.
- Who is a Manager? Managers are responsible for planning, directing, monitoring, and taking corrective action for a group of individuals.
- Managerial Roles: Interpersonal (figurehead, leader, liaison), informational (monitor, disseminator, spokesperson), and decisional (entrepreneur, disturbance handler, resource allocator, negotiator).
- Managerial Skills: Technical (using tools/techniques), human (understanding/motivating others), conceptual (big picture/integration of activities). Additional skills include design and institution-building skills.
- Managerial Functions: Planning, organizing, directing (leading), staffing, and controlling. These are interconnected and not necessarily in that order.
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