Term
|
Definition
-The "father" of scientific management
-one best way for a job to be done |
|
|
Term
|
Definition
-believed the practice of management was distinct from other organizational functions
-developed principles of management that applied to all organizational situations |
|
|
Term
|
Definition
Developed a theory of authority based on an ideal type of org. (bureaucracy
-emphasized rationality , predictability, impersonality, authoritarianism |
|
|
Term
|
Definition
| The study of actions of people at work people are the most important asset of an org |
|
|
Term
|
Definition
aka operations research/management science
-focuses on improving managerial decision making |
|
|
Term
|
Definition
| a set of interrelated and interdependent parts arranged in a manner that produces a unified whole |
|
|
Term
|
Definition
| not influenced by environment (all system input and output is internal) |
|
|
Term
|
Definition
| dynamically interact to environments |
|
|
Term
|
Definition
(situational approach)
no on universally applicable set of management principles by which to manage orgs |
|
|
Term
|
Definition
| coordinating and overseeing the work activities of other so hat their activities are competed efficiently and effectively |
|
|
Term
|
Definition
Planning- defining goals, est. strategies to achieve goals
Organizing -Arranging and structuring work to accomplish organizational goals
Leading-working with and through people to accomplish goals
Controlling-monitoring, comparing, and correcting work |
|
|
Term
|
Definition
Interpersonal-figurehead, leader, liaison
Informational-monitor, disseminator, spokesperson
Decisional-entrepreneur, disturbance handler, resource allocator, negotiator |
|
|
Term
|
Definition
| A companys ability to achieve its business goals and increase long term shareholder value by integrating economic, environmental, and social opportunities into its business strategies |
|
|
Term
|
Definition
| Managers are directly responsible for an orgs success/failure |
|
|
Term
|
Definition
| Success/Failure due to external forces outside of managers control |
|
|
Term
|
Definition
| Factors and Forces outside the org that affect its performance |
|
|
Term
|
Definition
| external forces that have a direct and immediate impact on the org |
|
|
Term
|
Definition
| Broad economic, socio-cultural, political, demographic, technological, and and global conditions that may affect the org |
|
|
Term
| Environmental uncertainty |
|
Definition
| degree of change and complexity in an orgs environment |
|
|
Term
|
Definition
| any constituencies in the org's env. that are affected by an orgs decisions and actions |
|
|
Term
|
Definition
| shared values, principles, traditions, and way s of doing things that influence the way org. members act |
|
|
Term
|
Definition
| organizational cultures in which key values are intensely held and widely shared |
|
|
Term
|
Definition
| organizational values promote a sense of purpose through meaningful work taking place in the context of community |
|
|
Term
|
Definition
| viewing the world solely through one's own eyes and perspectives |
|
|
Term
|
Definition
| best work approaches and practices are those of the home country |
|
|
Term
|
Definition
| view that employees in the host country know the best work of approaches |
|
|
Term
|
Definition
| world oriented view that focuses on using the best approaches and people from around the globe |
|
|
Term
|
Definition
| global org of 153 countries that deals with the rule of trade among nations |
|
|
Term
| International Monetary Fun (IMF) |
|
Definition
| an org of 185 countries that promotes international monetary cooperation and provides advice, loans, and technical assistance |
|
|
Term
|
Definition
| a groupe of five closely associated inst. that provides financial and technical assistance to developing countries |
|
|
Term
| Multinational Corporation (MNC) |
|
Definition
| a broad term that refers to any and all types of international companies that maintain operations in multiple counties |
|
|
Term
| Multidomestic Corporation |
|
Definition
| an MNC that decentralizes management and other decisions to the local country |
|
|
Term
|
Definition
| an MNC that centralizes management and other decisions in the home country |
|
|
Term
| Transnational or Borderless Org |
|
Definition
| an MNC in which artificial geographical barriers are eliminated |
|
|
Term
|
Definition
| a partnership between and org and one or more foreign company partners in which both share resources and knowledge in developing new products or building production facilities |
|
|
Term
|
Definition
| a specific type of strategic alliance in which the partners agree to form a separate, independent org for some business purpose |
|
|
Term
|
Definition
| directly investing in a foreign country by setting up a separate and independent production facility or office |
|
|
