100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MGT Midterm Exam Questions and Answers latest 2024/2025 100% Verified. $11.49   Add to cart

Exam (elaborations)

MGT Midterm Exam Questions and Answers latest 2024/2025 100% Verified.

 5 views  0 purchase
  • Course
  • MGT
  • Institution
  • MGT

MGT Midterm Exam Questions and Answers latest 2024/2025 100% Verified.

Preview 2 out of 7  pages

  • September 8, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • mgt midterm
  • MGT
  • MGT
avatar-seller
LECTDERRICK
MGT Midterm
Management - ANS attainment of organizational goals in an effective and efficient manner
through planning, organizing, leading, and controlling organizational resources.

Planning - ANS the management function concerned with defining goals for future performance
and how to attain them.

Organizing - ANS assigning tasks, grouping tasks into departments, and allocating resources.

Leading - ANS using influence to motivate employees to achieve the organization's goals.

Controlling - ANS concerned with monitoring employees' activities, keeping the organization on
track toward meeting its goals and making corrections as necessary

Organization - ANS social entity that is goal directed and deliberately structured

Efficiency - ANS pertains to the amount of resources (raw materials, money and people) used
to produce a desired volume of output

Effectiveness - ANS refers to the degree to which the organization achieves a stated goal

Performance - ANS defined as the organization's ability to attain its goal by using resources in
an efficient and effective manner

Conceptual skill - ANS cognitive ability to see the organization as a whole and the relationship
among its parts

Human skill - ANS refers to a manager's ability to work with and through other people and to
work effectively as part of a group

Technical skill - ANS understanding of and proficiency in the performance of specific tasks

Top manager - ANS one who is at the apex of the organizational hierarchy and is responsible
for the entire organization

First line managers - ANS managers at the first or second level of the hierarchy and are directly
responsible for overseeing groups of production employees

Functional manager - ANS manager responsible for a department that performs a single
functional task such as financing or marketing

, General manager - ANS manager responsible for several departments that perform different
functions

Social forces - ANS aspects of a society that guide and influence relationships among people
such as their values, needs and standards of behavior

Political forces - ANS influences of political and legal institutions on people and organizations

Economic forces - ANS affect the availability, production and distribution of a society's
resources

Classical perspective - ANS modern management, took a rational, scientific approach to
management and sough to turn organizations into efficient operating machines

Scientific management - ANS sub field of the classical perspective; emphasized scientifically
determined changes in management practices as to the solution to labor productivity

Bureaucratic organizations approach - ANS emphasizes management on an impersonal,
rational basis through elements such as clearly defined authority and responsibility, formal
record keeping and separation of management

Administrative principles approach - ANS sub field of classical perspective ; focuses on the total
organization rather than the individual worker

human relations movement - ANS stresses the satisfaction of employees' basic needs as the
key to increased productivity

human resources perspective - ANS suggests that jobs should be designed to met peoples
highers level needs by allowing employees to use their full potential

behavioral science approach - ANS draws from psychology, sociology, and other social
sciences to develop theories about human behavior and interaction in an organizational setting

management science - ANS quantitative perspective; mathematics, statistical techniques and
computer technology to facilitate management decision making, for complex problems

Systems thinking - ANS means looking not just at discrete parts of an organizational situation,
but also at the continually changing interactions among the parts

contingency view - ANS tells managers that what works in one organizational situation might
not work in others

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller LECTDERRICK. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77858 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart