Principles Of Management (BIT HS2021) at FHNW - Fachhochschule Nordwestschweiz | Flashcards & Summaries

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Lernmaterialien für Principles of Management (BIT HS2021) an der FHNW - Fachhochschule Nordwestschweiz

Greife auf kostenlose Karteikarten, Zusammenfassungen, Übungsaufgaben und Altklausuren für deinen Principles of Management (BIT HS2021) Kurs an der FHNW - Fachhochschule Nordwestschweiz zu.

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What is management and why is it important

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  • it is the planning, organizing, leading and controlling of Human and other ressources
  • its important because it helps achieve organizational goals efficiently/effectively
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What do managers do?

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they are responsible for supervising and making most of an organizations human and other resources to achieve goals

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Four principle managerial tasks

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  • Planning
  • Organizing
  • Leading
  • Controlling
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managerial task: organizing and result of it

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  • establish tasks and authority relationships that allow people to work together

Result: 

  • Organizations structure
  • formal system of task/reporting relationship that coordinates members to achieve goals
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TESTE DEIN WISSEN

managerial task: Leading and result of it


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TESTE DEIN WISSEN
  • Motivate, coordinate, energize individuals and groups to work together

Result: 

  • highly motivated and committed workforce
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TESTE DEIN WISSEN

managerial task: Controlling and result of it


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TESTE DEIN WISSEN
  • Establish accurate measuring and monitoring systems to evaulate how well the org has achieved its goals

Result:

  • ability to measure performance
  • regulate org efficiency/effectivness
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TESTE DEIN WISSEN

Relative ammount of time managers spend on managerial task

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Top managers: Planning/Organzing/Leading/Controlling

Middle managers: Leading/PLanning/Organizing/Controlling

FirstLIneManagers: Leading/Organizing/Planning/Controlling

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Measure how efficiently/effectively managers use resources to satisfy customers and achieve org goals

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Organizational Performance

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TESTE DEIN WISSEN

Organizational performance

Lösung anzeigen
TESTE DEIN WISSEN

Measure how efficiently/effectively managers use resources to satisfy customers and achieve org goals

Lösung ausblenden
TESTE DEIN WISSEN

Efficiency is a measure of

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TESTE DEIN WISSEN

how productiverly resources are used to achieve goals

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TESTE DEIN WISSEN

Effectiveness is a measure of

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TESTE DEIN WISSEN

the appropiateness of the goals on which an org is pursuing and the degree to which the org achieves goals

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TESTE DEIN WISSEN

Explain the principal agent theory and give 3 examples

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TESTE DEIN WISSEN
  • Describes the relationship between client and the responsible party
  • Relationship between: employer and employee
    owner and management


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  • 47694 Karteikarten
  • 902 Studierende
  • 53 Lernmaterialien

Beispielhafte Karteikarten für deinen Principles of Management (BIT HS2021) Kurs an der FHNW - Fachhochschule Nordwestschweiz - von Kommilitonen auf StudySmarter erstellt!

Q:

What is management and why is it important

A:
  • it is the planning, organizing, leading and controlling of Human and other ressources
  • its important because it helps achieve organizational goals efficiently/effectively
Q:

What do managers do?

A:

they are responsible for supervising and making most of an organizations human and other resources to achieve goals

Q:

Four principle managerial tasks

A:
  • Planning
  • Organizing
  • Leading
  • Controlling
Q:

managerial task: organizing and result of it

A:
  • establish tasks and authority relationships that allow people to work together

Result: 

  • Organizations structure
  • formal system of task/reporting relationship that coordinates members to achieve goals
Q:

managerial task: Leading and result of it


A:
  • Motivate, coordinate, energize individuals and groups to work together

Result: 

  • highly motivated and committed workforce
Mehr Karteikarten anzeigen
Q:

managerial task: Controlling and result of it


A:
  • Establish accurate measuring and monitoring systems to evaulate how well the org has achieved its goals

Result:

  • ability to measure performance
  • regulate org efficiency/effectivness
Q:

Relative ammount of time managers spend on managerial task

A:

Top managers: Planning/Organzing/Leading/Controlling

Middle managers: Leading/PLanning/Organizing/Controlling

FirstLIneManagers: Leading/Organizing/Planning/Controlling

Q:

Measure how efficiently/effectively managers use resources to satisfy customers and achieve org goals

A:

Organizational Performance

Q:

Organizational performance

A:

Measure how efficiently/effectively managers use resources to satisfy customers and achieve org goals

Q:

Efficiency is a measure of

A:

how productiverly resources are used to achieve goals

Q:

Effectiveness is a measure of

A:

the appropiateness of the goals on which an org is pursuing and the degree to which the org achieves goals

Q:

Explain the principal agent theory and give 3 examples

A:
  • Describes the relationship between client and the responsible party
  • Relationship between: employer and employee
    owner and management


Principles of Management (BIT HS2021)

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