Organizations correct answers collections of people who work together and coordinate their actions to achieve a wide variety of goals or desired future outcomes
Management correct answers the planning, organizing, leading, and controlling of human and other resources to achieve organizational ...
BADM 310 EXAM 1- UIUC || A+ Graded Already.
Organizations correct answers collections of people who work together and coordinate their
actions to achieve a wide variety of goals or desired future outcomes
Management correct answers the planning, organizing, leading, and controlling of human and
other resources to achieve organizational goals efficiently and effectively
Resources correct answers include assets such as people and their skills, know-how, and
experience; machinery
Organizational performance correct answers a measure of how effectively a manager uses
resources to satisfy customers and achieve organizational goals
Efficiency correct answers a measure of how well or how productively resources are used to
achieve a goal
Effectiveness correct answers a measure of the appropriateness of the goals an organization is
pursuing and the degree to which the organization achieves those goals
ESSENTIL MANAGERIAL TASKS correct answers PLANNING, ORGANIZING,
LEADING, AND CONTROLLING
Planning correct answers identifying and selecting appropriate goals; one of the four principal
tasks of management
Strategy correct answers a cluster of decisions about what goals to pursue, what actions to take,
and how to use resources to achieve goals
Leading correct answers articulating a clear vision and energizing and enabling organizational
members so they understand the part they play in achieving organizational goals
Controlling correct answers evaluating how well an organization is achieving its goals and
taking action to maintain or improve performance
Organizational structure correct answers a formal system of task and reporting relationships that
coordinates and motivates organizational members so they work together to achieve
organizational goals
First-line manager correct answers a manager who is responsible for the daily supervision of no
managerial employees
Middle manager correct answers a manager who supervises first-line managers and is
responsible for finding the best way to use resources to achieve organizational goals
, Top manager correct answers a manager who establishes organizational goals, decides how
departments should interact, and monitors the performance of middle managers, cross
departmental responsibility
top management team correct answers a group composed of the CEO, the COO, the president,
and the heads of the most important departments
conceptual skills correct answers the ability to analyze and diagnose a situation and to
distinguish between cause and effect
human skills correct answers the ability to understand, alter, lead, and control the behavior of
other individuals and groups
technical skills correct answers the job-specific knowledge and techniques required to perform
an organizational role
core competency correct answers the specific set of departmental skills, knowledge, and
experience that allows one organization to outperform another, competitive advantage
restructuring correct answers downsizing an organization by eliminating the jobs of large
numbers of top, middle, and first-line managers and nonmanagerial employees
outsourcing correct answers contracting with another company, usually abroad, to have it
perform an activity the organization previously performed itself
self-managed team correct answers a group of employees who assume responsibility for
organizing, controlling, and supervising their own activities and monitoring the quality of the
goods and services they provide
empowerment correct answers the expansion of employees' knowledge, tasks, and decision-
making responsibilities
global organizations correct answers organizations that operate and compete in more than one
country
competitive advantage correct answers the ability of one organization to outperform other
organizations because it produces desired goods or services more efficiently and effectively than
they do
innovation correct answers the process of creating new or improved goods and services or
developing better ways to produce or provide them
turnaround management correct answers the creation of a new vision for a struggling company
based on a new approach to planning and organizing to make better use of a company's resources
and allow it to survive and prosper
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