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Questions and Answers
What are the four functions of management?
What are the four functions of management?
Planning, organizing, leading, and controlling.
What is the difference between efficiency and effectiveness?
What is the difference between efficiency and effectiveness?
Which of the following is not a characteristic of an organization?
Which of the following is not a characteristic of an organization?
What are the five primary functions of management identified by Henri Fayol?
What are the five primary functions of management identified by Henri Fayol?
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Which management theory emphasizes the need for organizations to operate through clear rules and a hierarchy?
Which management theory emphasizes the need for organizations to operate through clear rules and a hierarchy?
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What is the Hawthorne Effect?
What is the Hawthorne Effect?
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Which management theory proposes two contrasting views of human motivation at work: Theory X and Theory Y?
Which management theory proposes two contrasting views of human motivation at work: Theory X and Theory Y?
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Contingency Theory suggests that there is one best way to manage an organization.
Contingency Theory suggests that there is one best way to manage an organization.
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What does Total Quality Management (TQM) emphasize?
What does Total Quality Management (TQM) emphasize?
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What is a key difference between structured and unstructured problems?
What is a key difference between structured and unstructured problems?
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Which decision-making style involves seeking logical consistency and order?
Which decision-making style involves seeking logical consistency and order?
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Which decision-making style is characterized by meticulousness and thoroughness in evaluating alternatives?
Which decision-making style is characterized by meticulousness and thoroughness in evaluating alternatives?
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What is the main purpose of a strategic plan?
What is the main purpose of a strategic plan?
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Which of the following is NOT a component of a SWOT analysis?
Which of the following is NOT a component of a SWOT analysis?
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What is the difference between a vision statement and a mission statement?
What is the difference between a vision statement and a mission statement?
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SMART goals are specific, measurable, achievable, relevant, and time-bound.
SMART goals are specific, measurable, achievable, relevant, and time-bound.
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Which of the following is NOT a key characteristic of strategic planning?
Which of the following is NOT a key characteristic of strategic planning?
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What is the purpose of environmental scanning?
What is the purpose of environmental scanning?
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Which component of the general environment involves societal values, cultural norms, attitudes, trends, and lifestyle choices?
Which component of the general environment involves societal values, cultural norms, attitudes, trends, and lifestyle choices?
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Match the following leadership styles with their key characteristics:
Match the following leadership styles with their key characteristics:
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Study Notes
Course: Principles of Organization and Management
- This course provides an overview of fundamental management principles, focusing on planning, organizing, leading, and controlling within an organization
- Emphasis is on the role of today's dynamic business environment, effective leadership, and ethical decision-making
Course Learning Outcomes
- Students should be able to explain fundamental management concepts (planning, organizing, leading, controlling) and their significance in achieving organizational goals.
- Apply different management theories (classical, behavioral, modern) to solve real-world management problems.
- Analyze various organizational structures and determine the most appropriate design for different business contexts.
- Develop strategic plans, create vision/mission statements, set SMART goals, and plan to address long-term organizational objectives.
- Demonstrate effective decision-making using appropriate tools and models (e.g., SWOT analysis, decision trees) for assessing business situations and making managerial decisions.
Unit 1: Introduction to Management
- Management involves coordinating and overseeing the work of others so activities are completed efficiently and effectively
- Efficiency refers to getting the most output from the least amount of inputs
- Effectiveness is achieving organizational goals
- A manager coordinates and oversees the work of others to achieve organizational goals
- Managers are responsible for helping others do their work, not personal achievement
- Management roles are categorized into first-line (managing non-managerial employees), middle (between first-line and top), and top (organization-wide decisions)
Unit 2: The Manager's Role
- Managers perform planning, organizing, leading, and controlling functions
- Planning sets goals, strategies, and integrates activities
- Organizing structures work activities, determines tasks, responsibilities, and reporting lines
- Leading motivates and influences individuals/teams, resolving conflicts, and choosing effective communication
- Controlling evaluates and monitors performance against goals, and adjusting when necessary
Management Skills
- Technical skills: Job-specific knowledge and techniques for proficient work tasks, important for first-line managers.
- Interpersonal skills: Ability to work effectively with others, important at all levels.
- Conceptual skills: The ability to think and conceptualize abstract issues and complex situations, essential for managers at all levels
Unit 3: Planning and Decision Making
- The decision-making process involves identifying a problem, identifying criteria, allocating weights to criteria, developing alternatives, analyzing alternatives, choosing an alternative, and implementing and communicating the chosen alternative.
- Rationality assumes that managers make logical and consistent choices to maximize value
- Bounded rationality acknowledges limitations in processing information and suggests that managers might settle for "good enough" solutions rather than the ideal solution.
- Intuition is using experience, feelings, accumulated decisions to inform decisions instead of formal analysis
- Structured problems use programmed decisions, while unstructured problems use nonprogrammed decisions (creativity to solve unique problems)
Unit 4: Strategic Planning and Goal Setting
- Vision Statement: Forward-looking declaration of organizational future aspirations
- Mission Statement: Concise explanation of the organization's purpose, objectives, and approach
- SMART Goals: Specific, Measurable, Achievable, Relevant, Time-bound
Unit 5: Organizing
- Six Elements of Organizational Design: Job specialization, departmentalization, chain of command, span of control, centralization-decentralization, formalization
- Work specialization: Dividing activities into separate jobs
- Departmentalization: Grouping jobs into departments to coordinate activities. (e.g., by function, product, geography)
- Chain of command: Line of authority from top to bottom
- Span of control: Number of subordinates a manager can effectively supervise
- Centralization: Degree of decision-making authority at higher levels
- Decentralization: Decision-making authority spread to lower levels
Unit 6: Organizational Culture and Change
- Organizational culture: Shared values, principles, traditions, and behaviors that guide organizational members
- Key characteristics of organizational culture are adaptability, attention to detail, outcome orientation, people orientation, team orientation, and integrity
- Managing organizational change involves understanding the change process (Unfreezing, Changing, Refreezing), addressing resistance to change (e.g., by education, communication, and participation), and using appropriate strategies for change implementation
Unit 7: Leadership
- Leadership: Process of influencing others to achieve organizational goals
- Leadership styles: Autocratic (centralized decision-making, demanding strict control), Democratic (participative decision-making, involving subordinates), Laissez-faire (minimal guidance, letting subordinates work independently)
- Effective leaders demonstrate qualities like desire to lead, honesty/integrity, self-confidence, intelligence, job-relevant knowledge, extraversion, proneness to guilt, emotional intelligence, and conscientiousness
- Important differences are in the degree of control and participation.
Unit 8: External and Internal Environmental Factors
- External factors influencing organizations include economic/financial conditions, social/cultural trends, technological advances, political/legal issues, and global factors
- Internal factors are related to resources, capabilities, competencies, and infrastructure
- Companies must manage their environment to ensure consistent performance and competitiveness
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Description
Test your knowledge on the fundamental principles of management, including planning, organizing, leading, and controlling within organizations. This quiz will help you apply various management theories and evaluate organizational structures and strategic planning processes in today's business environment.