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MGTA01H3 Chapter : MGTA03 Ch 7

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harlequinworm30
4 Jan 2012
School
UTSC
Department
Management (MGT)
Course
MGTA01H3
Professor
Chris Bovaird

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MGTA01H3 Full Course Notes
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MGTA01H3 Full Course Notes
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Document Summary

Management, the process of planning, organizing, leading, and controlling an enterprise s financial, physical, human, and information resources to achieve the organization s goals of supplying various products and services. Planning, the portion of a manager s job concerned w/ determining what the business needs to do and the best way to achieve it. Organizing, that portion of the manager s job concerned w/ mobilizing the necessary resources to complete a particular task. Leading, that portion of a manager s job concerned w/ guiding and motivating employees to meet the firm s objectives (+ give orders, demanding results) Controlling, that portion of a manager s concerned w/ monitoring the firm s performance + if necessary, acting to bring it in line w/ the firm s goals. Middle managers, responsible for implementing the decisions made by top managers. First line managers, responsible for working w/ and supervising the work of employees who report to them.

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Related Questions

Which of the following activities is part of the organizing function of a manager?
Β 
A. Going over a spreadsheet to analyze some financial data
B. Teaching a new employee how to use a piece of office equipment
C. Giving front-line workers additional resources needed to provide faster and better service to customers
D. Developing a broad general strategy to help the organization meet its long-term growth objectives

A central characteristic of "management by objectives" is that:

A goals are set by top management and followed without question by others within the organization.

B. employees are given complete freedom to set their own goals as long as they are consistent with broad guidelines established by top management.

C. goals are set through a process involving all members of the organization.

D. it assumes that management must motivate employees since employees are incapable of motivating themselves.

The purpose of management by objectives is to:Β 
A. enable top management to set goals for the entire organization.
B. simplify the jobs of middle management by providing them with predetermined goals and objectives.Β 
C.help employees motivate themselves with a goal-setting model that involves, discussion, review, and evaluation by management and employees.Β 
D. allows employees to set their own goals without consulting with management.